Carmike Cinemas Receives a Hold from B. Riley

By Austin Angelo

B. Riley analyst Eric Wold reiterated a Hold rating on Carmike Cinemas (NASDAQ: CKEC) yesterday and set a price target of $32.75. The company’s shares opened today at $32.75, close to its 52-week high of $33.34.

According to TipRanks.com, Wold is a 5-star analyst with an average return of 10.4% and a 56.7% success rate. Wold covers the Services sector, focusing on stocks such as Salem Communications Corp., Reading International Inc, and Cinemark Holdings Inc.

Carmike Cinemas has an analyst consensus of Hold, with a price target consensus of $32.75.

Carmike Cinemas’ market cap is currently $796.3M and has a P/E ratio of 1088.33. The company has a book value ratio of 2.7480.

Based on the recent corporate insider activity of 31 insiders, corporate insider sentiment is neutral on the stock. Most recently, in August 2015, Dale Mayo, the Pres., Alternative Programming of CKEC sold 5,000 shares for a total of $122,820.

Carmike Cinemas, Inc. is a motion picture exhibitor in the U.S. The company owns, manages and operates theatre with screens on a digital-based platform. Carmike Cinemas was founded in April 1982 and is headquartered in Columbus, GA.