Analysts rate Cineplex Inc. (CGX:TSX) with an Strong Buy rating and a CAD 15 target

STA Research
by: STA Research
Cineplex Stock

Based on the Cineplex stock forecast from 7 analysts, the average analyst Cineplex stock price target. is CAD 15.74 over the next 12 months. Cineplex Inc.’s average analyst rating is Strong Buy. Stock Target Advisor’s own stock analysis of Cineplex stock forecast is Slightly Bearish, which is based on 4 positive signals and 7 negative signals. At the last closing, Cineplex stock price was CAD 9.26Cineplex stock price has changed by +0.04% over the past week, -1.02% over the past month and -31.20% over the last year.

 

About Cineplex Inc. (CGX:TSX):

Cineplex Inc., together with its subsidiaries, operates as an entertainment and media company in Canada and internationally. It operates through four segments: Film Entertainment and Content, Media, Amusement and Leisure, and Location-Based Entertainment. The company engages in theatre exhibition and theatre food service activities. It also provides alternative programming service; rents and sells movies in digital form; and operates cineplex.com, an entertainment site 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 opportunities. As of December 31, 2021, the company owned, leased, or had interest in 1,652 screens in 160 theatres, as well as 13 location-based entertainment venues in 6 provinces. Cineplex Inc. was founded in 1912 and is headquartered in Toronto, Canada.

 

Most Recent Analyst Ratings for CGX’s stock price:

Maintains Scotiabank Capital Outperform CAD 14.75 2022-09-15
Target Down BMO Financial CAD 12 2022-09-12
Target Down RBC Royalbank Sector Perform CAD 14 2022-09-12
Adjusts STA Research Hold CAD 10 2022-09-09
Mainatains National Bank of Canada
Financial Outperform CAD 15.5 2022-09-09
Maintains National Bank of Canada
Financial Outperform CAD 15.5 2022-08-23
Target Down TD Research Buy CAD 17.5 2022-08-22
Target Down STA Research Buy CAD 12 2022-08-19
Target Down Scotiabank Capital Outperform CAD 14.75 2022-08-19
Target Down Scotiabank Capital Outperform CAD 16 2022-08-10
Target Down TD Research Buy CAD 18.5 2022-08-03
Target Down STA Research Buy CAD 14 2022-08-03
Target Down Canaccord Capital Speculative Buy CAD 16 2022-08-03
Target Down National Bank of Canada
Financial Outperform CAD 15.5 2022-07-19
Maintains Scotiabank Capital Outperform CAD 20 2022-06-09
Maintains Scotiabank Capital Outperform CAD 20 2022-05-16
Assigns STA Research Hold CAD 20 2022-05-16
Target Up Canaccord Capital Speculative Buy CAD 18 2022-05-16
Maintains BMO Financial Hold CAD 15 2022-05-16
Maintains CIBC Capital Markets Outperform CAD 19 2022-02-15
Target Down Canaccord Capital Speculative Buy CAD 17 2022-02-14
Target RBC Royalbank Sector Perform CAD 15 2022-02-14
Maintains BMO Financial Hold CAD 15 2022-02-14
Maintains Scotiabank Capital Outperform CAD 20 2022-02-14
Maintains TD Research Buy CAD 19.5 2022-02-11

 

What we like:

High market capitalization:

Cineplex stock is one of the largest entities in its sector and is among the top quartile. Such companies tend to be more stable.

Low volatility:

The annual returns for Cineplex stock have been stable and consistent compared to its sector peers (for a hold period of at least 12 months) and is in the top quartile. Although stability is good, also keep in mind it can limit returns.

Positive cash flow:

The company had positive total cash flow in the most recent four quarters.

Positive free cash flow:

The company had positive total free cash flow in the most recent four quarters.

 

What we don’t like:

Poor risk adjusted returns:

This company is delivering below median risk adjusted returns in its peers. Even if it is outperforming on returns, the returns are unpredictable. Proceed with caution.

Below median total returns:

The company has under-performed its peers on annual average total returns in the past 5 years.

Below median dividend returns:

The average income yield of Cineplex stock over the past 5 years has been low compared to its peers. However, it is not a problem if you are not looking for income.

Overpriced compared to earnings:

Cineplex stock price is trading high compared to its peers on a price to earning basis and is above the sector median.

Overpriced compared to book value:

Cineplex stock price is trading high compared to its peers median on a price to book value basis.

Overpriced on cashflow basis:

Cineplex stock is trading high compared to its peers on a price to cash flow basis. It is priced above the median for its sectors. Proceed with caution if you are considering to buy.

Overpriced on free cash flow basis:

Cineplex stock price is trading high compared to its peers on a price to free cash flow basis. It is priced above the median for its sectors. Proceed with caution if you are considering to buy.

Disclaimer

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