Hot Railroad Stocks To Own For 2015

Hot Railroad Stocks To Own For 2015: Cinemark Holdings Inc(CNK)

Cinemark Holdings, Inc. and its subsidiaries engage in the motion picture exhibition business. As of June 30, 2011, it operated 436 theatres with 4,983 screens in 39 states of the United States, as well as in Brazil, Mexico, and 11 other Latin American countries. The company is headquartered in Plano, Texas.

Advisors' Opinion:

• [By Leo Sun]

  With the crowdfunded Veronica Mars, which hit theaters in March, Warner convinced AMC to agree to the same-day release by renting out its theaters. Warner retained the box office sales, in hopes that it could produce a profit after AMC's rental fees ($5,000 to $20,000 per week) were deducted. Regal and Cinemark (NYSE: CNK  ) , however, do not rent out their theaters for same-day releases.

• [By Teresa Rivas]

  Cinemark Holdings (CNK) is climbing Tuesday, shaking off earlier weakness as the market digests its better-than-expected second quarter.

  The company said it earned 62 cents a share on revenue of $717.9 million. Analysts were looking for earnings of 48 cents a share on revenue of $707.7 million.

  Average ticket price increased 2.1% in the quarter, and concession revenues per patron grew 2.9%. Admissions overall were $455.7 million while concession sales were $226.5 million.

  FBR's Barton Crockett reiterated an Outperform rating and $39 price target: "Cinemark’s 2Q14 earnings report was encouraging in a difficult period. Revenues beat our expectations on upside in box office per screen growth in Latin America and U.S. concession pricing. Adj. EBITDA beat because of U.S. expenses. Domestically, while Cinemark’s box office trend was in-line with our estimate, it did not feature the Imax/faith-based movie mix headwinds that resulted in underperformance at Regal Entertainment (RGC) and AMC Entertainment (AM! C)."

  MKM Partners'' Eric Handler reiterated a Buy rating and $40 price target: "We look for Cinemark’s shares to outperform the market following better than expected 2Q14 results. Cinemark beat our/consensus estimates with upside to both domestic and Latin American results. Our positive view towards Cinemark reflects: (1) continued expansion potential of 100-125 screens annually in Latin America; and (2) projected increases in FCF over the next several years, which could lead to more regular dividend increases. The box office will likely remain choppy for the remainder of 2014, but we believe a strong two-year, global content cycle will begin in 2015."

• [By Sue Chang]

  Cinemark Holdings Inc. (CNK) : The movie theater company is well positioned to capitalize on the film's popularity with movie goers with operations both in the U.S. and Latin America. Shares of Cinemark are up 26% so far this year.

source from Top Stocks For 2015:http://www.topstocksblog.com/hot-railroad-stocks-to-own-for-2015-3.html