J.P. Morgan analyst Alexia Quadrani maintained a Hold rating on Cinemark Holdings (NYSE:CNK) on Friday, setting a price target of $24, which is approximately 22.70% above the present share price of $19.56.
Quadrani expects Cinemark Holdings to post earnings per share (EPS) of -$0.65 for the fourth quarter of 2021.
The current consensus among 8 TipRanks analysts is for a Moderate Buy rating of shares in Cinemark Holdings, with an average price target of $26.
The analysts price targets range from a high of $32 to a low of $22.
In its latest earnings report, released on 09/30/2021, the company reported a quarterly revenue of $434.82 million and a net profit of -$34.35 million. The company's market cap is $2.34 billion.
According to TipRanks.com, J.P. Morgan analyst Alexia Quadrani is currently ranked with 4 stars on a 0-5 stars ranking scale, with an average return of 11.7% and a 60.00% success rate.
Cinemark Holdings, Inc. is a holding company, which engages in the provision of motion picture exhibition through its subsidiaries. It operates through the U.S. and International segments. The company was founded by Lee Roy Mitchell in 1984 and is headquartered in Plano, TX.