Stock To Watch: Carmike Cinemas, Inc. (NASDAQ:CKEC)


The leading market experts have placed a mean price target of $31.66 on Carmike Cinemas, Inc. (NASDAQ:CKEC) stock. This price level, which is estimated to be attained in one-year, indicates the mean of stock opinions given by the companies included in the First Call survey. The renowned research firms have predicted earnings of $0.15 a share for the upcoming quarter and $0.31 for the current fiscal.

Technical View

The technical analysis of Carmike Cinemas, Inc. plainly substantiates that the 50-day moving average of Carmike Cinemas, Inc. is $31.11, and stock is trading $0.60 points away or +1.93% from its 50-day moving average of $31.11. Further it is trading $2.48 or +8.49% away its 200-day moving average of $29.23. Carmike Cinemas, Inc. (NASDAQ:CKEC) 52-week high is $32.01 and the 52-week low is $18.52.

This explains if the stock moves $-0.30, it will post a 52-week high. In event of +71.22% decline, a 52-week low will be hit.

Taking the valuation aspect to emphasize the valuation of Carmike Cinemas, Inc., shareholders can apply financial tool known as price-to-earnings ratio. This financial ratio assesses stock’s valuation by considering the relative expense of the stock. Following this ratio, Carmike Cinemas, Inc. (NASDAQ:CKEC) ratio came in at 634.20.

The stock last ended the trading session at $31.71 and registered a market cap of $773.34M. To appraise firm’s growth, the shareholders take help of the Price-to-Earnings-Growth ratio. When a stock has a higher PEG ratio, it is suggestive of lower stock appreciation in approaching sessions. A stock comes in the group of undervalued stocks when its PEG ratio falls in between 0 and 1. Carmike Cinemas, Inc. (NASDAQ:CKEC) PEG ratio is at 8.58.

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