Share on StockTwits

Shares of Starz (NASDAQ:STRZA) have received an average rating of “Hold” from the eleven brokerages that are presently covering the stock, Analyst Ratings Network reports. One equities research analyst has rated the stock with a sell rating, six have issued a hold rating and four have issued a buy rating on the company. The average 1-year price target among brokers that have covered the stock in the last year is $28.83.

Starz (NASDAQ:STRZA) traded down 0.11% on Wednesday, hitting $30.605. 119,232 shares of the company’s stock traded hands. Starz has a 52-week low of $21.11 and a 52-week high of $34.20. The stock’s 50-day moving average is $30.70 and its 200-day moving average is $29.98. The company has a market cap of $3.339 billion and a P/E ratio of 14.38.

Starz (NASDAQ:STRZA) last announced its earnings results on Thursday, May 1st. The company reported $0.56 earnings per share for the quarter, beating the analysts’ consensus estimate of $0.53 by $0.03. The company had revenue of $420.00 million for the quarter, compared to the consensus estimate of $421.24 million. During the same quarter last year, the company posted $0.47 earnings per share. Starz’s revenue was up 5.2% compared to the same quarter last year. On average, analysts predict that Starz will post $2.15 earnings per share for the current fiscal year.

A number of research firms have recently commented on STRZA. Analysts at TheStreet downgraded shares of Starz from a “hold” rating to a “sell” rating in a research note on Tuesday, May 6th. Separately, analysts at Zacks upgraded shares of Starz from a “neutral” rating to an “outperform” rating in a research note on Tuesday, April 22nd. They now have a $34.80 price target on the stock. Finally, analysts at Morgan Stanley reiterated a “positive” rating on shares of Starz in a research note on Friday, March 21st.

In other Starz news, Insider Carmi Zlotnik sold 16,792 shares of the company’s stock on the open market in a transaction dated Wednesday, May 14th. The stock was sold at an average price of $29.82, for a total transaction of $500,737.44. Following the sale, the insider now directly owns 47,549 shares in the company, valued at approximately $1,417,911. The sale was disclosed in a filing with the SEC, which can be accessed through this link.

Starz, formerly Liberty Media Corporation, is an integrated global media and entertainment company with operating units that provide subscription video programming on domestic United States pay television channels (NASDAQ:STRZA), global content distribution (Starz Distribution) and animated television and movie production (Starz Animation).

Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.