Q4 2018 EPS Estimates for Lions Gate Entertainment Co. Class A Voting Shares (LGF.A) Cut by SunTrust Banks

Lions Gate Entertainment Co. Class A Voting Shares (NYSE:LGF.A) – SunTrust Banks lowered their Q4 2018 EPS estimates for shares of Lions Gate Entertainment Co. Class A Voting Shares in a research note issued on Friday. SunTrust Banks analyst M. Thornton now forecasts that the company will post earnings of $0.14 per share for the quarter, down from their prior estimate of $0.22. SunTrust Banks has a “Buy” rating and a $41.00 price objective on the stock. SunTrust Banks also issued estimates for Lions Gate Entertainment Co. Class A Voting Shares’ FY2019 earnings at $0.71 EPS.

A number of other research analysts have also weighed in on the company. Zacks Investment Research upgraded Lions Gate Entertainment Co. Class A Voting Shares from a “hold” rating to a “strong-buy” rating and set a $39.00 target price on the stock in a report on Tuesday, January 16th. Piper Jaffray Companies set a $40.00 price target on Lions Gate Entertainment Co. Class A Voting Shares and gave the company a “buy” rating in a research report on Wednesday, January 3rd. Argus increased their price target on Lions Gate Entertainment Co. Class A Voting Shares to $38.00 and gave the company a “buy” rating in a research report on Wednesday, December 6th. ValuEngine raised Lions Gate Entertainment Co. Class A Voting Shares from a “sell” rating to a “hold” rating in a research report on Friday, December 1st. Finally, FBN Securities set a $38.00 price target on Lions Gate Entertainment Co. Class A Voting Shares and gave the company a “buy” rating in a research report on Tuesday, November 14th. Three investment analysts have rated the stock with a hold rating, fourteen have assigned a buy rating and one has issued a strong buy rating to the company. The stock presently has a consensus rating of “Buy” and a consensus target price of $34.21.

Shares of Lions Gate Entertainment Co. Class A Voting Shares (LGF.A) traded up $0.92 during trading hours on Monday, reaching $35.42. The company’s stock had a trading volume of 1,840,000 shares, compared to its average volume of 924,054. The company has a market capitalization of $7,413.79, a price-to-earnings ratio of 36.90, a P/E/G ratio of 4.22 and a beta of 1.15. The company has a current ratio of 1.01, a quick ratio of 1.01 and a debt-to-equity ratio of 0.89. Lions Gate Entertainment Co. Class A Voting Shares has a 1-year low of $24.27 and a 1-year high of $35.72.

Lions Gate Entertainment Co. Class A Voting Shares (NYSE:LGF.A) last announced its quarterly earnings results on Thursday, November 9th. The company reported $0.29 earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.13) by $0.42. The business had revenue of $941.00 million for the quarter, compared to analyst estimates of $953.04 million. Lions Gate Entertainment Co. Class A Voting Shares had a return on equity of 6.96% and a net margin of 5.56%. The company’s quarterly revenue was up 47.1% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.01 earnings per share.

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Earnings History and Estimates for Lions Gate Entertainment Co. Class A Voting Shares (NYSE:LGF.A)

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