Cineplex Inc. (TSE:CGX – Free Report) – Equities research analysts at National Bank Financial boosted their FY2025 earnings per share (EPS) estimates for Cineplex in a research note issued on Tuesday, February 11th. National Bank Financial analyst A. Shine now expects that the company will earn $1.13 per share for the year, up from their previous estimate of $1.12. The consensus estimate for Cineplex’s current full-year earnings is $1.08 per share.
Separately, Canaccord Genuity Group lifted their price objective on Cineplex from C$12.50 to C$14.00 and gave the stock a “buy” rating in a report on Wednesday. One equities research analyst has rated the stock with a hold rating and five have given a buy rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average target price of C$18.93.
Cineplex Stock Performance
Shares of CGX opened at C$11.26 on Friday. Cineplex has a 1 year low of C$7.10 and a 1 year high of C$13.09. The company has a debt-to-equity ratio of -4,623.78, a current ratio of 0.43 and a quick ratio of 0.22. The stock’s fifty day moving average price is C$11.74 and its two-hundred day moving average price is C$10.89. The firm has a market cap of C$711.09 million, a PE ratio of -18.95, a PEG ratio of 0.30 and a beta of 2.74.
Insiders Place Their Bets
In other news, Director Ellis Jacob sold 29,874 shares of the business’s stock in a transaction on Wednesday, November 20th. The shares were sold at an average price of C$10.02, for a total transaction of C$299,337.48. Insiders have sold a total of 33,615 shares of company stock worth $340,197 over the last 90 days. Corporate insiders own 1.85% of the company’s stock.
About Cineplex
Cineplex is a diversified media company that operates chains of movie theaters. The company has four reporting segments: film entertainment and content; media; amusement and leisure; and location-based entertainment. The film entertainment and content segment includes revenue from theater attendance.
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