National Bank Financial Estimates Cineplex Q4 Earnings

Cineplex Inc. (TSE:CGX) – Research analysts at National Bank Financial issued their Q4 2024 EPS estimates for shares of Cineplex in a note issued to investors on Thursday, January 16th. National Bank Financial analyst A. Shine forecasts that the company will post earnings of $0.13 per share for the quarter. The consensus estimate for Cineplex’s current full-year earnings is $1.08 per share. National Bank Financial also issued estimates for Cineplex’s FY2025 earnings at $1.12 EPS.

CGX has been the subject of several other reports. Canaccord Genuity Group boosted their price objective on shares of Cineplex from C$11.50 to C$12.50 and gave the company a “buy” rating in a research note on Thursday, January 16th. Canaccord Genuity Group lifted their target price on shares of Cineplex from C$11.50 to C$12.00 in a report on Thursday, October 17th. One analyst has rated the stock with a hold rating and six have issued a buy rating to the company. According to data from MarketBeat, Cineplex presently has an average rating of “Moderate Buy” and an average target price of C$18.71.

Cineplex Stock Up 0.6 %

Shares of TSE CGX opened at C$11.15 on Monday. Cineplex has a 52-week low of C$7.10 and a 52-week high of C$13.09. The firm has a fifty day moving average of C$11.67 and a 200-day moving average of C$10.59. The stock has a market capitalization of C$710.03 million, a PE ratio of -9.96, a P/E/G ratio of 0.30 and a beta of 2.74. The company has a quick ratio of 0.22, a current ratio of 0.36 and a debt-to-equity ratio of 30,533.69.

Cineplex (TSE:CGX) last announced its quarterly earnings data on Wednesday, November 6th. The company reported C($0.39) earnings per share (EPS) for the quarter, missing the consensus estimate of C$0.24 by C($0.63). During the same quarter in the prior year, the firm earned $0.40 EPS.

Insider Activity at Cineplex

In other Cineplex 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 value of C$299,337.48. In the last 90 days, insiders have sold 33,615 shares of company stock worth $340,197. 1.85% of the stock is currently owned by corporate insiders.

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.