Should I buy or sell Cineplex stock right now?

6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Cineplex in the last year. There are currently 1 hold rating and 5 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "moderate buy" CGX shares. View CGX analyst ratings or view top-rated stocks .

What is Cineplex's stock price target for 2024?

6 Wall Street research analysts have issued 12-month target prices for Cineplex's stock. Their CGX share price targets range from C$11.25 to C$14.00. On average, they expect the company's stock price to reach C$12.88 in the next year. This suggests a possible upside of 64.0% from the stock's current price. View analysts price targets for CGX or view top-rated stocks among Wall Street analysts .

How have CGX shares performed in 2024?

Cineplex's stock was trading at C$8.37 on January 1st, 2024. Since then, CGX shares have decreased by 6.2% and is now trading at C$7.85. View the best growth stocks for 2024 here .

When is Cineplex's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, May 9th 2024. View our CGX earnings forecast .

How were Cineplex's earnings last quarter?

Cineplex Inc. (TSE:CGX) posted its earnings results on Thursday, February, 8th. The company reported ($0.19) earnings per share for the quarter. The business had revenue of $315.08 million for the quarter, compared to analysts' expectations of $359.50 million.

Is Cineplex a good dividend stock?

Cineplex (TSE:CGX) pays an annual dividend of C$1.80 per share and currently has a dividend yield of 5.32%. CGX has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 100.00%. Payout ratios above 75% are not desirable because they may not be sustainable. Read our dividend analysis for CGX .

What other stocks do shareholders of Cineplex own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Cineplex investors own include Intact Financial (IFC) , Constellation Software (CSU) , Alimentation Couche-Tard (ATD.B) , AutoCanada (ACQ) , Vermilion Energy (VET) , AbbVie (ABBV) , Toronto-Dominion Bank (TD) , BCE (BCE) , Air Canada (AC) and Enbridge (ENB) .

How do I buy shares of Cineplex?

Shares of CGX stock and other Canadian stocks can be purchased through an online brokerage account. Popular online brokerages with access to the Canadian stock market include BMO InvestorLine, CIBC Investor's Edge, Desjardins Online Brokerage, HSBC InvestDirect, Laurentian Bank Discount Brokerage, National Bank Direct Brokerage, Qtrade Investor , Questrade, RBC Direct Investing, Scotia iTrade, TD Direct Investing, and Virtual Brokers. Compare Top Brokerages Here .

TSE:CGX

Cineplex (CGX) Stock Price, News & Analysis

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Free CGX Stock Alerts

C$7.85

-0.08 (-1.01%)

(As of 04/19/2024 ET)

Compare

Today's Range: C$7.81
▼
C$7.97
50-Day Range: C$7.25
▼
C$8.22
52-Week Range: C$7.14
▼
C$10.26

Volume: 302,252 shs
Average Volume: 332,562 shs
Market Capitalization: C$499.89 million

P/E Ratio: 4.36
Dividend Yield: 22.93%
Price Target: C$12.88

Stock Analysis Analyst Forecasts Chart Competitors Earnings Headlines Insider Trades

Get Cineplex alerts:

Cineplex MarketRank™ Stock Analysis

Analyst Rating: Moderate Buy
2.83 Rating Score
Upside/Downside: 64.0% Upside
C$12.88 Price Target
Short Interest: N/A
Dividend Strength: Weak
Based on Four Factors
Sustainability: N/A
News Sentiment: 1.05
Based on 6 Articles This Week
Insider Trading: Acquiring Shares
C$109,911 Bought Last Quarter
Proj. Earnings Growth: N/A

Overall MarketRank^™

New Rank-Based ScoringMarketRank^™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

3.94 out of 5 stars

3.4

Analyst's Opinion

Consensus Rating
Cineplex has received a consensus rating of Moderate Buy. The company's average rating score is 2.83, and is based on 5 buy ratings, 1 hold rating, and no sell ratings.
Amount of Analyst Coverage
Cineplex has only been the subject of 4 research reports in the past 90 days.

N/A

Short Interest

Short Interest
There is no current short interest data available for CGX.

1.7

Dividend Strength

Dividend Leadership
Cineplex is a leading dividend payer. It pays a dividend yield of 5.32%, putting its dividend yield in the top 25% of dividend-paying stocks.
Dividend Growth
Cineplex does not have a long track record of dividend growth.
Dividend Coverage
The dividend payout ratio of Cineplex is 100.00%. Payout ratios above 75% are not desirable because they may not be sustainable.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for CGX.

3.9

News and Social Media Coverage

News Sentiment
Cineplex has a news sentiment score of 1.05. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.38 average news sentiment score of Communication Services companies.
News Coverage This Week
MarketBeat has tracked 6 news articles for Cineplex this week, compared to 2 articles on an average week.
Search Interest
4 people have searched for CGX on MarketBeat in the last 30 days. This is an increase of 300% compared to the previous 30 days.
MarketBeat Follows
4 people have added Cineplex to their MarketBeat watchlist in the last 30 days. This is an increase of 100% compared to the previous 30 days.

1.7

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Cineplex insiders have bought more of their company's stock than they have sold. Specifically, they have bought C$109,911.00 in company stock and sold C$0.00 in company stock.
Percentage Held by Insiders
Only 1.52% of the stock of Cineplex is held by insiders.
Percentage Held by Institutions
Only 18.55% of the stock of Cineplex is held by institutions.

2.5

Earnings and Valuation

Price to Earnings Ratio vs. the Market
The P/E ratio of Cineplex is 4.36, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 139.12.
Price to Earnings Ratio vs. Sector
The P/E ratio of Cineplex is 4.36, which means that it is trading at a less expensive P/E ratio than the Communication Services sector average P/E ratio of about 461.94.
Price to Earnings Growth Ratio
Cineplex has a PEG Ratio of 0.30. PEG Ratios below 1 indicate that a company could be undervalued.

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About Cineplex Stock (TSE:CGX)

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. The company also operates cineplex.com, a website that offers streaming video, movie information, showtimes and ability to buy tickets online, entertainment news, and box office reports, as well as advertising and digital commerce solutions; Cineplex mobile app; and the Cineplex Store, which provides transactional video-on-demand, including Home Premiere services, such as premium video on demand and premium electronic sell through services. In addition, it incorporates advertising mediums related to theatre exhibition; and offers digital signage solutions and in-store retail media networks for various brands in shopping centers, restaurants, retailers, and entertainment destinations. Further, the company operates location-based entertainment establishments, including The Rec Room, a social entertainment destination for millennials that offers a range of entertainment options, such as simulation, redemption, video, recreational gaming, attractions, and a live entertainment venue for watching entertainment programming; Playdium, a complex designed for teens and families; and Cineplex Junxion, an entertainment concept for movies, amusement gaming, dining, and live performances, as well as in-theatre gaming centers. Additionally, it offers Scene+, a customer loyalty program designed to offer members discounts and the opportunity to earn and redeem points. Cineplex Inc. was founded in 1912 and is headquartered in Toronto, Canada.

CGX Stock Price History

30 days | 90 days | 365 days | Advanced Chart

CGX Stock News Headlines

March 22, 2024 | insidertrades.com

Cineplex Inc. (TSE:CGX) Senior Officer Gordon Nelson Purchases 10,000 Shares

April 18, 2024 | ca.finance.yahoo.com

Is There Any Hope for Cineplex Stock?

April 20, 2024 | Altimetry (Ad)

Secret Bull Market Starts in This Unusual Sector

April 15, 2024 | americanbankingnews.com

National Bank Financial Equities Analysts Raise Earnings Estimates for Cineplex Inc. (TSE:CGX)

April 13, 2024 | americanbankingnews.com

Brokers Set Expectations for Cineplex Inc.'s Q1 2024 Earnings (TSE:CGX)

April 12, 2024 | finance.yahoo.com

Cineplex Inc. Announces Details of First Quarter 2024 Earnings Release and Webcast

April 11, 2024 | msn.com

Cineplex (TSE:CGX) Roars Ahead as Box Office Doesn’t Disappoint

April 11, 2024 | msn.com

Cineplex reports March box office revenue up 46 per cent from year ago

April 20, 2024 | Altimetry (Ad)

Secret Bull Market Starts in This Unusual Sector

April 11, 2024 | finance.yahoo.com

Cineplex Reports Strong March 2024 Box Office Results

April 8, 2024 | seekingalpha.com

Cineplex: Debt Reduction And Long-Term Movie Supply May Increase Share Price

April 3, 2024 | theglobeandmail.com

Cineplex: Top 10 Undervalued Media - Diversified Industry Stocks (CGX)

March 13, 2024 | finance.yahoo.com

Cineplex Reports February 2024 Box Office Results

March 6, 2024 | msn.com

AMC Stock vs. Cineplex: Better Value Play?

March 4, 2024 | finance.yahoo.com

Cineplex Announces Completion of Comprehensive Refinancing

March 1, 2024 | msn.com

3 Things You Need to Know if You Own CGX Stock Today

February 29, 2024 | financialpost.com

Cineplex engaging in harmful 'drip pricing' with online booking fees: competition czar

February 28, 2024 | theglobeandmail.com

Arguments begin at competition body in case against Cineplex over online booking fees

February 28, 2024 | financialpost.com

Cineplex made almost $40 million from online booking fees in competition case

February 17, 2024 | wsj.com

Cineplex Inc.

February 15, 2024 | finance.yahoo.com

Cineplex Opens Canadian Junk Bond Market With C$575 Million Sale

February 14, 2024 | msn.com

Down By 22 Percent: Should You Roll Out the Red Carpet for Cineplex Stock?

February 8, 2024 | ca.finance.yahoo.com

Stocks in play: Cineplex

February 8, 2024 | msn.com

Cineplex GAAP EPS of -C$0.19, revenue of C$315.08M

February 8, 2024 | finance.yahoo.com

Cineplex Announces Proposal to Amend its Convertible Debentures as Part of a Comprehensive Refinancing Plan

February 8, 2024 | finance.yahoo.com

Cineplex Reports Fourth Quarter and Annual 2023 Results

February 1, 2024 | msn.com

Cineplex completes sale of Player One Amusement Group to OpenGate Capital

See More Headlines

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Company Calendar

Last Earnings: 2/08/2024
Today: 4/19/2024
Next Earnings (Confirmed): 5/09/2024

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: TSE
Sector: Communication Services
Industry: Entertainment
Sub-Industry: N/A
Current Symbol: TSE:CGX
CUSIP: N/A
CIK: N/A
Web: www.cineplex.com
Phone: +1-416-3236600
Fax: N/A
Employees: 10,000
Year Founded: N/A

Price Target and Rating

Average Stock Price Target: C$12.88
High Stock Price Target: C$14.00
Low Stock Price Target: C$11.25
Potential Upside/Downside: +64.0%
Consensus Rating: Moderate Buy
Rating Score (0-4): 2.83
Research Coverage: 6 Analysts

Profitability

EPS (Most Recent Fiscal Year): C$1.80
Trailing P/E Ratio: 4.36
Forward P/E Ratio: 15.33
P/E Growth: 0.3
Net Income: C$138.05 million
Net Margins: 12.04%
Pretax Margin: N/A
Return on Equity: N/A
Return on Assets: 4.32%

Debt

Debt-to-Equity Ratio: 7,933.30
Current Ratio: 0.55
Quick Ratio: 0.22

Sales & Book Value

Annual Sales: C$1.39 billion
Price / Sales: 0.36
Cash Flow: C$0.44 per share
Price / Cash Flow: 17.80
Book Value: C($0.62) per share
Price / Book: -12.66

Miscellaneous

Outstanding Shares: 63,680,000
Free Float: N/A
Market Cap: C$499.89 million
Optionable: Not Optionable
Beta: 2.88

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Key Executives

Mr. Ellis Jacob CM (Age 70)
CMA, F.C.A., F.C.M.A., FCPA, MBA, President, CEO & Director
Comp: $1.09M
Mr. Gord Nelson
Chief Financial Officer
Mr. Dan McGrath
Chief Operating Officer
Mr. Fabrizio Stanghieri
Executive Vice President of CDM & Media
Mr. Kevin Watts
Executive VP of Exhibition & Location Based Entertainment
Mr. Scott Hughes
Executive VP and Chief Digital & Technology Officer
Mahsa Rejali
Executive Director of Corporate Development & Investor Relations
Mr. Thomas Santram
Senior VP & General Counsel
Sarah Van Lange
Executive Director of Communications
Ms. Sara Moore
Executive VP & Chief Marketing Officer

Key Competitors

View All Competitors

Insiders

View All Insider Transactions

CGX Stock Analysis - Frequently Asked Questions

Should I buy or sell Cineplex stock right now?: 6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Cineplex in the last year. There are currently 1 hold rating and 5 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "moderate buy" CGX shares.
View CGX analyst ratings or view top-rated stocks.
What is Cineplex's stock price target for 2024?: 6 Wall Street research analysts have issued 12-month target prices for Cineplex's stock. Their CGX share price targets range from C$11.25 to C$14.00. On average, they expect the company's stock price to reach C$12.88 in the next year. This suggests a possible upside of 64.0% from the stock's current price.
View analysts price targets for CGX or view top-rated stocks among Wall Street analysts.
How have CGX shares performed in 2024?: Cineplex's stock was trading at C$8.37 on January 1st, 2024. Since then, CGX shares have decreased by 6.2% and is now trading at C$7.85.
View the best growth stocks for 2024 here.
When is Cineplex's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Thursday, May 9th 2024.
View our CGX earnings forecast.

How were Cineplex's earnings last quarter?: Cineplex Inc. (TSE:CGX) posted its earnings results on Thursday, February, 8th. The company reported ($0.19) earnings per share for the quarter. The business had revenue of $315.08 million for the quarter, compared to analysts' expectations of $359.50 million.
Is Cineplex a good dividend stock?: Cineplex (TSE:CGX) pays an annual dividend of C$1.80 per share and currently has a dividend yield of 5.32%. CGX has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 100.00%. Payout ratios above 75% are not desirable because they may not be sustainable.
Read our dividend analysis for CGX.
What other stocks do shareholders of Cineplex own?: Based on aggregate information from My MarketBeat watchlists, some companies that other Cineplex investors own include Intact Financial (IFC), Constellation Software (CSU), Alimentation Couche-Tard (ATD.B), AutoCanada (ACQ), Vermilion Energy (VET), AbbVie (ABBV), Toronto-Dominion Bank (TD), BCE (BCE), Air Canada (AC) and Enbridge (ENB).
How do I buy shares of Cineplex?: Shares of CGX stock and other Canadian stocks can be purchased through an online brokerage account. Popular online brokerages with access to the Canadian stock market include BMO InvestorLine, CIBC Investor's Edge, Desjardins Online Brokerage, HSBC InvestDirect, Laurentian Bank Discount Brokerage, National Bank Direct Brokerage, Qtrade Investor, Questrade, RBC Direct Investing, Scotia iTrade, TD Direct Investing, and Virtual Brokers.
Compare Top Brokerages Here.

This page (TSE:CGX) was last updated on 4/20/2024 by MarketBeat.com Staff

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Cineplex (CGX) Stock Price, News & Analysis

Cineplex MarketRank™ Stock Analysis

Overall MarketRank™

Analyst's Opinion

Short Interest

Short Interest

Dividend Strength

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score

News and Social Media Coverage

News Sentiment

News Coverage This Week

Search Interest

MarketBeat Follows

Company Ownership

Earnings and Valuation

About Cineplex Stock (TSE:CGX)

CGX Stock Price History

CGX Stock News Headlines

Company Calendar

Industry, Sector and Symbol

Price Target and Rating

Profitability

Debt

Sales & Book Value

Miscellaneous

Key Executives

Key Competitors

Insiders

CGX Stock Analysis - Frequently Asked Questions

Overall MarketRank^™