Carmike Cinemas (CKEC) Set to Announce Quarterly Earnings on Monday
Carmike Cinemas (NASDAQ:CKEC) is scheduled to issue its Q214 quarterly earnings data on Monday, August 4th. Analysts expect the company to announce earnings of $0.29 per share and revenue of $180.03 million for the quarter.
Carmike Cinemas (NASDAQ:CKEC) opened at 31.44 on Friday. Carmike Cinemas has a 52 week low of $16.92 and a 52 week high of $36.22. The stock has a 50-day moving average of $33.6 and a 200-day moving average of $31.15. The company has a market cap of $723.5 million and a P/E ratio of 81.82.
Several analysts have recently commented on the stock. Analysts at Benchmark Co. cut their price target on shares of Carmike Cinemas from $38.19 to $37.62 in a research note on Thursday. On a related note, analysts at Maxim Group reiterated a “buy” rating on shares of Carmike Cinemas in a research note on Tuesday. They now have a $38.00 price target on the stock. Finally, analysts at Topeka Capital Markets upgraded shares of Carmike Cinemas from a “hold” rating to a “buy” rating in a research note on Thursday, July 24th. They now have a $36.00 price target on the stock. One research analyst has rated the stock with a sell rating, one has assigned a hold rating and six have given a buy rating to the company’s stock. The stock has a consensus rating of “Buy” and a consensus target price of $35.37.
Carmike Cinemas, Inc is a motion picture exhibitor in the United States. As of December 31, 2012, the Company owned, operated or had an interest in 249 theatres with 2,502 screens located in 35 states.
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