Starz Entertainment Corp. (NASDAQ:STRZ) Given Average Recommendation of “Hold” by Brokerages

Shares of Starz Entertainment Corp. (NASDAQ:STRZ) have been given an average recommendation of “Hold” by the eleven research firms that are covering the company, Marketbeat.com reports. One analyst has rated the stock with a sell recommendation, seven have given a hold recommendation, two have given a buy recommendation and one has issued a strong buy recommendation on the company. The average twelve-month target price among brokerages that have issued a report on the stock in the last year is $20.00.

STRZ has been the subject of several analyst reports. Zacks Research raised Starz Entertainment to a “hold” rating in a research note on Wednesday, September 17th. Baird R W raised Starz Entertainment to a “hold” rating in a research report on Friday, September 5th. Robert W. Baird initiated coverage on shares of Starz Entertainment in a research note on Friday, September 5th. They set a “neutral” rating and a $13.00 target price on the stock. JPMorgan Chase & Co. decreased their price target on shares of Starz Entertainment from $16.00 to $13.00 and set a “neutral” rating for the company in a research note on Monday, November 17th. Finally, Deutsche Bank Aktiengesellschaft reiterated a “hold” rating on shares of Starz Entertainment in a report on Friday, September 5th.

Insider Buying and Selling

In other Starz Entertainment news, CEO Jeffrey Hirsch purchased 30,000 shares of the business’s stock in a transaction on Tuesday, November 18th. The shares were bought at an average cost of $11.21 per share, for a total transaction of $336,300.00. Following the completion of the purchase, the chief executive officer directly owned 198,690 shares in the company, valued at approximately $2,227,314.90. This represents a 17.78% increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the SEC, which can be accessed through this link. 53.60% of the stock is owned by company insiders.

Institutional Investors Weigh In On Starz Entertainment

Hedge funds and other institutional investors have recently made changes to their positions in the business. Russell Investments Group Ltd. purchased a new stake in Starz Entertainment during the second quarter worth approximately $28,000. CWM LLC purchased a new stake in shares of Starz Entertainment during the 2nd quarter worth approximately $33,000. Advisory Services Network LLC acquired a new position in shares of Starz Entertainment in the 3rd quarter valued at $36,000. BNP Paribas Financial Markets grew its position in shares of Starz Entertainment by 101.8% in the 3rd quarter. BNP Paribas Financial Markets now owns 2,525 shares of the company’s stock valued at $37,000 after buying an additional 1,274 shares during the last quarter. Finally, Legal & General Group Plc purchased a new position in shares of Starz Entertainment in the 2nd quarter valued at $41,000.

Starz Entertainment Stock Performance

Shares of STRZ stock opened at $10.62 on Friday. Starz Entertainment has a fifty-two week low of $8.00 and a fifty-two week high of $22.98. The company has a 50 day moving average price of $11.53 and a 200 day moving average price of $13.97.

Starz Entertainment (NASDAQ:STRZ) last issued its quarterly earnings results on Thursday, February 3rd. The company reported $0.21 EPS for the quarter. The business had revenue of $836.40 million during the quarter.

About Starz Entertainment

Starz is a premium cable and streaming network owned by Starz Entertainment, which was formerly a part of Lionsgate. Starz had about 20 million subscribers in the U.S. and Canada as of Dec. 31, 2024. The company’s franchises include “Outlander” and “Power.”