National Bank Financial Predicts Cineplex FY2025 Earnings

Cineplex Inc. (TSE:CGX) – Investment analysts at National Bank Financial reduced their FY2025 earnings per share (EPS) estimates for shares of Cineplex in a note issued to investors on Wednesday, November 6th. National Bank Financial analyst A. Shine now expects that the company will earn $1.20 per share for the year, down from their prior forecast of $1.27. The consensus estimate for Cineplex’s current full-year earnings is $1.08 per share.

Cineplex (TSE:CGX) last issued its quarterly earnings data on Friday, August 9th. The company reported C($0.33) earnings per share for the quarter. The company had revenue of C$277.34 million for the quarter, compared to analyst estimates of C$283.90 million.

CGX has been the topic of a number of other research reports. Desjardins raised their price objective on shares of Cineplex from C$52.00 to C$53.00 and gave the company a “buy” rating in a research note on Thursday, August 1st. Canaccord Genuity Group lifted their price target on Cineplex from C$11.50 to C$12.00 in a research report on Thursday, October 17th. Scotiabank upped their price objective on Cineplex from C$10.00 to C$12.00 and gave the company an “outperform” rating in a report on Monday, August 12th. TD Securities lifted their target price on Cineplex from C$14.00 to C$16.00 and gave the stock a “buy” rating in a report on Friday, August 16th. Finally, Royal Bank of Canada dropped their price target on shares of Cineplex from C$14.00 to C$13.00 in a research report on Wednesday, July 24th. One investment analyst has rated the stock with a hold rating and six have issued a buy rating to the stock. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average price target of C$18.71.

Cineplex Stock Up 0.8 %

Cineplex stock opened at C$10.38 on Friday. Cineplex has a 52 week low of C$7.10 and a 52 week high of C$11.16. The stock has a market cap of C$661.00 million, a price-to-earnings ratio of -9.27, a PEG ratio of 0.30 and a beta of 2.74. The company’s 50-day moving average price is C$10.56 and its two-hundred day moving average price is C$9.29. The company has a current ratio of 0.36, a quick ratio of 0.22 and a debt-to-equity ratio of 30,533.69.

About Cineplex

Cineplex Inc, together with its subsidiaries, operates as an entertainment and media company in Canada and internationally. It operates through three segments: Film Entertainment and Content, Media, and Location-Based Entertainment. The company engages in theatre exhibitions and food service activities; and provision of alternative programming service comprising international film programming, as well as content offered under the Event Cinema brand, including The Metropolitan Opera, sporting events, concerts, and dedicated event screens.