2024-02-01 04:46:20 ET
Summary
- Cinemark Holdings has significantly underperformed the market since its IPO in 2007.
- The stock is currently rated a Buy by Seeking Alpha and Wall Street analysts.
- The company operates in a highly competitive industry and has struggled to generate strong returns on capital historically.
- CNK has a fairly high degree of leverage which could make it difficult to navigate any unexpected challenges in the core business.
- I rate the stock a Sell as I believe it is likely to underperform the broader market going forward.
Shares of Cinemark Holdings, Inc. ( CNK ) have delivered below-market returns for investors historically. Since the company's IPO in 2007, CNK shares have delivered a total return of ~28% compared to a total return of ~359% delivered by the S&P 500 during the same time period....
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For further details see:
Cinemark: Below Market Returns Set To Continue