Lions Gate Entertainment Co. Class A Voting Shares (LGF.A) – Research Analysts’ Weekly Ratings Updates

Several analysts have recently updated their ratings and price targets for Lions Gate Entertainment Co. Class A Voting Shares (NYSE: LGF.A):

  • 1/24/2018 – Lions Gate Entertainment Co. Class A Voting Shares had its “buy” rating reaffirmed by analysts at Macquarie. They now have a $45.00 price target on the stock.
  • 1/22/2018 – Lions Gate Entertainment Co. Class A Voting Shares was downgraded by analysts at Zacks Investment Research from a “strong-buy” rating to a “hold” rating. According to Zacks, “Lions Gate shares have gained 26% in a year, in line with the industry. The company has been performing well for quite some time now, as its top and bottom lines improved year over year for the third straight time in second-quarter fiscal 2018. The company has been gaining from its focus on profitable areas and strategic buyouts like that of Starz, which is aiding it to emerge as a major player in the TV space and helping it regain lost ground in streaming network. This was clear when solid subscriber gains at Starz fueled Lionsgate’s revenues in the second quarter. Also, Lions Gate’s investment in The Immortals to capitalize on the rising popularity of eSports bodes well. However, fewer movie releases in fiscal 2018 compared with the previous year may hurt Motion Pictures revenues. Soft television production performance in the past few quarters has been also a concern.”
  • 1/19/2018 – Lions Gate Entertainment Co. Class A Voting Shares had its price target raised by analysts at SunTrust Banks, Inc. from $36.00 to $41.00. They now have a “buy” rating on the stock.
  • 1/16/2018 – Lions Gate Entertainment Co. Class A Voting Shares was upgraded by analysts at Zacks Investment Research from a “hold” rating to a “strong-buy” rating. They now have a $39.00 price target on the stock. According to Zacks, “Lions Gate shares, which have increased more than 19% in the past six months, are likely to continue the uptrend.  The company has been performing well for quite some time now, as its top and bottom lines improved year over year for the third straight time in second-quarter fiscal 2018. The company has been gaining from its focus on profitable areas and strategic buyouts like that of Starz, which is aiding it to emerge as a major player in the TV space and helping it regain lost ground in streaming network. This was clear when solid subscriber gains at Starz fueled Lionsgate’s revenues in the second quarter. Also, Lions Gate’s investment in The Immortals to capitalize on the rising popularity of eSports bodes well. However, fewer movie releases in fiscal 2018 compared with the previous year may hurt Motion Pictures revenues. Soft television production performance in the past few quarters has been also a concern.”
  • 1/3/2018 – Lions Gate Entertainment Co. Class A Voting Shares was given a new $40.00 price target on by analysts at Piper Jaffray Companies. They now have a “buy” rating on the stock.
  • 12/6/2017 – Lions Gate Entertainment Co. Class A Voting Shares had its price target raised by analysts at Argus to $38.00. They now have a “buy” rating on the stock.
  • 12/1/2017 – Lions Gate Entertainment Co. Class A Voting Shares was upgraded by analysts at ValuEngine from a “sell” rating to a “hold” rating.

Lions Gate Entertainment Co. Class A Voting Shares (NYSE:LGF.A) opened at $35.52 on Monday. The company has a quick ratio of 1.01, a current ratio of 1.01 and a debt-to-equity ratio of 0.89. The company has a market capitalization of $7,434.73, a P/E ratio of 37.00, a price-to-earnings-growth ratio of 4.22 and a beta of 1.15. Lions Gate Entertainment Co. Class A Voting Shares has a twelve month low of $24.27 and a twelve month high of $36.48.

Lions Gate Entertainment Co. Class A Voting Shares (NYSE:LGF.A) last issued its earnings results on Thursday, November 9th. The company reported $0.29 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of ($0.13) by $0.42. Lions Gate Entertainment Co. Class A Voting Shares had a return on equity of 6.96% and a net margin of 5.56%. The business had revenue of $941.00 million during the quarter, compared to analysts’ expectations of $953.04 million. During the same period in the prior year, the firm posted $0.01 EPS. Lions Gate Entertainment Co. Class A Voting Shares’s quarterly revenue was up 47.1% compared to the same quarter last year. equities research analysts expect that Lions Gate Entertainment Co. Class A Voting Shares will post 1.22 earnings per share for the current year.

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