Pinnacle Foods Inc. (PF) Forms $63.48 Double Bottom; Cinemark Holdings Has 0.96 Sentiment

May 17, 2018 - By Vivian Park

Cinemark Holdings, Inc. (NYSE:CNK) Logo

Pinnacle Foods Inc. (PF) formed double bottom with $60.31 target or 5.00% below today’s $63.48 share price. Pinnacle Foods Inc. (PF) has $7.57 billion valuation. The stock increased 0.40% or $0.25 during the last trading session, reaching $63.48. About 732,097 shares traded. Pinnacle Foods Inc. (NYSE:PF) has declined 6.35% since May 17, 2017 and is downtrending. It has underperformed by 17.90% the S&P500.

Cinemark Holdings Inc (CNK) investors sentiment increased to 0.96 in 2017 Q4. It’s up 0.04, from 0.92 in 2017Q3. The ratio has increased, as 115 institutional investors opened new or increased holdings, while 120 reduced and sold holdings in Cinemark Holdings Inc. The institutional investors in our database reported: 107.99 million shares, down from 109.53 million shares in 2017Q3. Also, the number of institutional investors holding Cinemark Holdings Inc in top ten holdings decreased from 2 to 1 for a decrease of 1. Sold All: 27 Reduced: 93 Increased: 73 New Position: 42.

Among 17 analysts covering Pinnacle Foods Inc (NYSE:PF), 15 have Buy rating, 0 Sell and 2 Hold. Therefore 88% are positive. Pinnacle Foods Inc has $68 highest and $42 lowest target. $63.25’s average target is -0.36% below currents $63.48 stock price. Pinnacle Foods Inc had 47 analyst reports since October 19, 2015 according to SRatingsIntel. The stock of Pinnacle Foods Inc. (NYSE:PF) earned “Market Perform” rating by BMO Capital Markets on Friday, October 30. The stock of Pinnacle Foods Inc. (NYSE:PF) earned “Outperform” rating by Credit Suisse on Wednesday, October 4. RBC Capital Markets maintained Pinnacle Foods Inc. (NYSE:PF) on Monday, June 26 with “Buy” rating. The rating was upgraded by UBS to “Buy” on Monday, November 14. The firm has “Buy” rating by RBC Capital Markets given on Thursday, December 21. The rating was initiated by DA Davidson with “Neutral” on Friday, December 11. The company was maintained on Friday, March 2 by Morgan Stanley. As per Monday, October 19, the company rating was initiated by Buckingham Research. Buckingham Research maintained Pinnacle Foods Inc. (NYSE:PF) on Friday, October 27 with “Buy” rating. The firm has “Buy” rating by Credit Suisse given on Wednesday, January 10.

Since March 7, 2018, it had 1 insider buy, and 3 sales for $115,059 activity. Schiller Mark L. had sold 5,323 shares worth $337,641. Pant Muktesh bought $1.14M worth of stock or 20,000 shares. 9,136 shares were sold by BARKLEY MICHAEL J., worth $571,639.

Analysts await Pinnacle Foods Inc. (NYSE:PF) to report earnings on July, 26. They expect $0.57 EPS, up 7.55% or $0.04 from last year’s $0.53 per share. PF’s profit will be $67.93M for 27.84 P/E if the $0.57 EPS becomes a reality. After $0.57 actual EPS reported by Pinnacle Foods Inc. for the previous quarter, Wall Street now forecasts 0.00% EPS growth.

Investors sentiment increased to 1.08 in 2017 Q4. Its up 0.26, from 0.82 in 2017Q3. It is positive, as 41 investors sold Pinnacle Foods Inc. shares while 95 reduced holdings. 57 funds opened positions while 90 raised stakes. 109.66 million shares or 0.76% less from 110.51 million shares in 2017Q3 were reported. Putnam Invests Limited has invested 0.05% of its portfolio in Pinnacle Foods Inc. (NYSE:PF). Wellington Mgmt Grp Limited Liability Partnership holds 0% in Pinnacle Foods Inc. (NYSE:PF) or 70,352 shares. Moreover, Prelude Capital Limited has 0.05% invested in Pinnacle Foods Inc. (NYSE:PF). Rainier Inv Ltd Llc holds 1.84% in Pinnacle Foods Inc. (NYSE:PF) or 73,280 shares. Jana Prtn Ltd Limited Liability Company invested in 2.23% or 1.42 million shares. First Manhattan reported 4,515 shares stake. Symphony Asset Ltd Liability owns 9,482 shares or 0.06% of their US portfolio. Swiss Bancorp owns 202,280 shares or 0.01% of their US portfolio. Qs Invsts Ltd Co has invested 0.05% in Pinnacle Foods Inc. (NYSE:PF). Cibc Asset Management holds 4,038 shares or 0% of its portfolio. Moreover, Forte Capital Limited Liability Company Adv has 0.07% invested in Pinnacle Foods Inc. (NYSE:PF) for 3,754 shares. Moreover, State Of Wisconsin Invest Board has 0% invested in Pinnacle Foods Inc. (NYSE:PF) for 24,254 shares. Moreover, Opus Invest Management has 0.16% invested in Pinnacle Foods Inc. (NYSE:PF). Ascend Capital invested in 83,492 shares. Quantitative Systematic Strategies Limited Liability Co accumulated 0.3% or 19,562 shares.

Analysts await Cinemark Holdings, Inc. (NYSE:CNK) to report earnings on August, 3. They expect $0.74 earnings per share, up 68.18% or $0.30 from last year’s $0.44 per share. CNK’s profit will be $86.42 million for 12.24 P/E if the $0.74 EPS becomes a reality. After $0.53 actual earnings per share reported by Cinemark Holdings, Inc. for the previous quarter, Wall Street now forecasts 39.62% EPS growth.

Another recent and important Cinemark Holdings, Inc. (NYSE:CNK) news was published by Globenewswire.com which published an article titled: “Investor Expectations to Drive Momentum within Plains Group Holdings, EnteroMedics, Vanda Pharmaceuticals …” on May 10, 2018.

Cinemark Holdings, Inc., together with its subsidiaries, engages in the motion picture exhibition business. The company has market cap of $4.23 billion. It operates theatres in the United States, Brazil, Argentina, Chile, Colombia, Peru, Ecuador, Honduras, El Salvador, Nicaragua, Costa Rica, Panama, Guatemala, Bolivia, Curacao, and Paraguay. It has a 16.04 P/E ratio. As of August 10, 2017, the firm operated 529 theatres and 5,926 screens.

Since January 1, 0001, it had 0 insider purchases, and 2 selling transactions for $11.18 million activity.

Ratings analysis reveals 83% of Cinemark’s analysts are positive. Out of 6 Wall Street analysts rating Cinemark, 5 give it “Buy”, 0 “Sell” rating, while 1 recommend “Hold”. The lowest target is $43.0 while the high is $47.0. The stock’s average target of $44.60 is 23.07% above today’s ($36.24) share price. CNK was included in 6 notes of analysts from August 24, 2016. As per Monday, November 14, the company rating was maintained by RBC Capital Markets. As per Wednesday, August 24, the company rating was initiated by Loop Capital. The rating was upgraded by Goldman Sachs on Monday, October 31 to “Buy”. The stock has “Outperform” rating by FBR Capital on Friday, February 24. Wunderlich maintained Cinemark Holdings, Inc. (NYSE:CNK) rating on Tuesday, October 4. Wunderlich has “Buy” rating and $47.0 target. On Thursday, February 16 the stock rating was maintained by Wedbush with “Neutral”.

Pinnacle Foods Inc. (NYSE:PF) Institutional Positions Chart

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