Commonwealth Equity Services LLC Increases Stake in Cinemark Holdings by 33.5% in 4th Quarter
May 19, 2023
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Commonwealth Equity Services LLC has recently taken a significant stake in Cinemark Holdings ($NYSE:CNK), Inc., according to its most recent 13F filing with the Securities and Exchange Commission. This increase is indicative of the growing confidence in the company and its future prospects. Cinemark Holdings, Inc. has been able to weather the pandemic with its strong balance sheet and solid financials.
The company has also been pushing forward with its efforts to expand into new countries and markets. With the additional investments from Commonwealth Equity Services LLC, Cinemark Holdings, Inc. is well positioned to continue its growth trajectory and remain a leader in the motion picture exhibition industry.
Analysis
At GoodWhale, we take great pride in our ability to provide accurate financial analysis of companies. After doing a thorough examination of CINEMARK HOLDINGS‘s financials, we have concluded that it is a medium risk investment in terms of financial and business aspects. We detected one risk warning in their income sheet, and suggest that investors who are interested in investing in CINEMARK HOLDINGS should visit goodwhale.com for further information. We believe that it is in investor’s best interest to be well-informed regarding the company they are considering investing in. That is why we provide an easy-to-use platform that allows users to quickly and accurately analyze potential investments. With our analysis of CINEMARK HOLDINGS, investors can make an informed decision about their investments. More…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Cinemark Holdings. More…
| Total Revenues | Net Income | Net Margin |
| 2.6k | -197.7 | -3.3% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Cinemark Holdings. More…
| Operations | Investing | Financing |
| 262.7 | -114.5 | -48.5 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Cinemark Holdings. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 4.71k | 4.59k | 0.94 |
Key Ratios Snapshot
Some of the financial key ratios for Cinemark Holdings are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| -5.8% | -22.6% | -0.8% |
| FCF Margin | ROE | ROA |
| 5.5% | -11.2% | -0.3% |
Peers
Cinemark Holdings Inc. is one of the world’s largest movie theater chains, with approximately 4,500 screens in more than 40 countries. The company’s theaters are located in the United States, Canada, Brazil, Mexico, Argentina, Chile, Colombia, Ecuador, Peru, Bolivia, Venezuela, Uruguay, Honduras, El Salvador, Costa Rica, Panama, Guatemala, Curacao, Nicaragua, Jamaica, and the Philippines. Cinemark Holdings Inc. operates under three brands: Cinemark, Century Theatres, and Tinseltown. The company also has a joint venture with joint venture partner Regal Entertainment Group, which operates under the brand name Cineplex.
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Summary
Investors in Cinemark Holdings, Inc. have seen a positive return on their investments in the last quarter. Commonwealth Equity Services LLC notably increased its stake in the company by 33.5%, a move that could be seen to reflect confidence in the company’s performance. This optimism was reflected in the stock price, which saw an increase on the same day as the investment. Investment analysis indicates that Cinemark Holdings, Inc. could be a solid option for investors looking to capitalize on the potential growth of the movie theater industry.
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