How to Buy Cinemark Holdings Stock
Cinemark Holdings Inc
Cinemark Holdings is a entertainment company located in Texas, United States, which is part of the Communication Services sector, and is traded under the ticker CNK on the NYSE exchange.
Cinemark Holdings stock last closed at $17.71, down 0.67% from the previous day, and has increased 7.53% in one year. It has underperformed other stocks in the Entertainment industry by 0.04 percentage points. Cinemark Holdings stock is currently +34.27% from its 52-week low of $13.19, and -13.19% from its 52-week high of $20.40.
At the moment, there are 121.59M CNK shares outstanding. The market value of CNK is $2.15B. In the past 24 hours, 2.04M CNK shares were traded.
How to Buy Cinemark Holdings Stock
Wondering how to invest in Cinemark Holdings stock? Here's how.
- Decide where to buy Cinemark Holdings stock: You need to choose a stock brokerage, but don't worry - we've tested dozens of online brokerages and apps to help you determine where to buy Cinemark Holdings stock.
- Open your brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've identified.
- Deposit funds into your investment account: Pick your payment method and add your information.
- Evaluate Cinemark Holdings stock: The Cinemark Holdings ticker symbol is CNK. Is Cinemark Holdings stock a good investment? Should you buy shares of CNK? How do CNK's underlying business fundamentals look? Do top analysts think Cinemark Holdings is a good buy? Why has CNK's stock price moved recently? (Hint: Our stock analysis website can help you decide if CNK is a good stock to buy).
- Execute your CNK purchase: Decide if you will purchase CNK shares at the current market price or use a limit order to buy CNK stock at a particular price.
- Watch your CNK investment: Create a watchlist to keep tabs on your new investment in Cinemark Holdings stock.
Step 1: Decide where to buy Cinemark Holdings stock
You will need an online brokerage account in order to access the NYSE market and buy CNK stock.
Our recommended brokerage: eToro
Based on our research, eToro is the best place to buy stocks. eToro gives you:
- Invest in stocks with 0% commissions: Invest without paying trading commissions.
- Buy fractional shares: Even if you don't have the money to buy a full share, you can still buy the stock.
- Access to world financial markets: From Technology to Utilities, New York to London — you can fill your portfolio with stocks from the globe's leading exchanges.
- Social investing: eToro has a community with more than 20 million users around the world. Talk to, learn from, and copy the crypto trades of top investors.
- Security: eToro is a regulated and licensed fintech leader.
- Buy other financial assets: Such as ETFs and cryptos.
Get $10 towards your purchase of stock by opening an account with eToro now.
Open eToro AccountStep 2: Open your brokerage account
Now that you've selected the right brokerage, it's time to fill out some personal info so you can invest in CNK stock today.
How to Set Up a New Brokerage Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Provide your personal details to create your new brokerage account.
- Submit your details by hitting the "Create Account" button. Get started with eToro today
Step 3: Deposit funds into your investment account
Now that you've finished signing up on the best stock trading app, your next step is to transfer the money for your investment:
Check out the video below to see the process of transferring money into your new investment account.
Step 4: Evaluate Cinemark Holdings stock
Once you have decided on the best place to buy Cinemark Holdings stock, it's critical to analyze their stock before you invest, so you truly wrap your head around the risk and upside.
Cinemark Holdings shares at a glance
CNK Due Diligence Checks
WallStreetZen was created to help average investors perform more accurate fundamental analysis in minutes instead of hours.
You can see all of the due diligence checks on CNK's stock page.
What is the fair value of CNK stock?
You can use many financial metrics, analyses, models, and charts to gauge CNK's intrinsic value.
Using relative valuations ratios:
- CNK may be undervalued based on its P/E ratio of 11.43x, relative to Entertainment industry P/E ratio of 36.12x
- CNK may be overvalued based on its P/B ratio of 6.95x, relative to Entertainment industry P/B ratio of 2.65x
You can do more valuation research on CNK's stock here.
CNK Financial Health Summary
Pros:
- There are more short-term assets than short-term liabilities on the CNK balance sheet.
- CNK profit margin has gone up from -11% to 6.1% in the past year.
Cons:
- Total CNK debt is higher than 5 years ago, relative to shareholder equity.
- CNK's operating cash flow of $454.80M allows it to safely service it's debt of $3.55B.
- CNK has a relatively high debt to equity ratio of 14.58.
- There are more long-term liabilities than short-term assets on the CNK balance sheet.
- CNK earnings of $391.10M is not sufficient to cover its interest payments.
Is CNK stock a Buy, Hold, or Sell, according to analysts?
Out of 9 Equities analysts who track CNK, the consensus analyst rating on CNK is a Buy
Please keep in mind that analyst forecasts are not stock recommendations, nor are they investment advice.
Latest CNK Analyst Upgrades/Downgrades
Steven Cahall, a top 12% analyst from Wells Fargo upgrades CNK to a strong buy rating and raises their CNK price target from $13.00 to $23.00, on Apr 5, 2024.
Alicia Reese, a top 29% analyst from Wedbush reiterates CNK with a buy rating and maintains their CNK price target from $20.00 to $20.00, on Feb 13, 2024.
Mike Burton, a top 28% analyst from Goldman Sachs maintains CNK with a strong sell rating and lowers their CNK price target from $16.00 to $12.00, on Jan 11, 2024.
Eric Wold, a top 4% analyst from B. Riley Securities downgrades CNK to a hold rating and lowers their CNK price target from $23.00 to $15.00, on Jan 2, 2024.
You can dig deeper into what analysts are forecasting on the Cinemark Holdings stock forecast page.
CNK Trading Indicators
CNK Growth Numbers
Last year, CNK earnings were $188.20M. During the past 5 year, CNK's earnings have gone up by -3.27% per year. This was slower than the Entertainment industry average of 11.28%.
Last year, CNK revenue was $3.07B. In the last five year, CNK's revenue has grown by -0.98% per year. This was slower than the Entertainment industry average of 14.87%.
You can analyze CNK's earnings and revenue performance here.
Who is buying/selling CNK?
Over the last 12 months, executives and large shareholders at CNK have sold more shares than they have bought.
Wanda Marie Gierhart, Chief Marketing Content Ofc of CNK, was the latest CNK insider to sell. They sold $328,182.75 worth of CNK stock on Feb 28, 2024.
Get more info about who owns CNK shares here.
Does CNK stock generate passive income?
No, Cinemark Holdings doesn't provide an income stream by paying out dividends.
What do other investors have to say about CNK?
One of the major reasons eToro is our top-rated brokerage is because of its social trading community.
Click below to find out what other community members have to say.
Step 5: Execute your CNK purchase
There are two primary order types:
- Market order: A market order is an order to buy or sell a security at the best possible price.
Market orders are usually the best for newer investors. - Limit order: A limit order lets you buy or sell a security at a specific price (or better).
If you want to be sure you're buying or selling at a given dollar amount, use a limit order.
Click the Open button and eToro will place the order.
If you want additional assistance buying stocks on eToro, watch the helpful video below:
Step 6: Watch your CNK investment
Now that you own some CNK stock, you'll want to keep up with your new company.
Start a watchlist to track the most important metrics related to your CNK stock.
CNK Feed
How to Buy Stock in Cinemark Holdings
To summarize, here are the 6 steps you need to take to buy Cinemark Holdings stock right now:
- Decide where to buy Cinemark Holdings stock
- Open your brokerage account
- Deposit funds into your investment account
- Evaluate Cinemark Holdings stock
- Execute your CNK purchase
- Watch your CNK investment
If you require a brokerage account, eToro is our recommended option.
Get Started with eToro TodayIf you want to monitor your investment in Cinemark Holdings, click the button below.
Trending Content
FAQ
Company
AboutNewsBlogStock Investing FAQPlansPrivacy PolicyTerms of ServiceCancellation & RefundsHelp GuidesContactTwitterYouTubeNewsletterInformation is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.