Lions Gate Entertainment Corp. (NYSE:LGF.A) – Barrington Research lowered their FY2020 earnings per share (EPS) estimates for Lions Gate Entertainment in a research report issued on Monday, February 10th. Barrington Research analyst J. Goss now anticipates that the company will post earnings of $0.36 per share for the year, down from their previous forecast of $0.42. Barrington Research has a “Outperform” rating and a $14.00 price objective on the stock. Barrington Research also issued estimates for Lions Gate Entertainment’s Q4 2020 earnings at $0.23 EPS, Q1 2021 earnings at $0.01 EPS, Q2 2021 earnings at $0.17 EPS, Q3 2021 earnings at $0.12 EPS, Q4 2021 earnings at $0.38 EPS, FY2021 earnings at $0.66 EPS and FY2022 earnings at $0.87 EPS.
Other analysts also recently issued research reports about the company. ValuEngine upgraded Lions Gate Entertainment from a “sell” rating to a “hold” rating in a research note on Monday, November 25th. Wells Fargo & Co downgraded Lions Gate Entertainment from an “overweight” rating to an “equal weight” rating and set a $11.00 price target on the stock. in a research note on Tuesday, January 21st. Cowen cut their price target on Lions Gate Entertainment from $23.00 to $15.00 in a research note on Friday, November 22nd. Zacks Investment Research upgraded Lions Gate Entertainment from a “sell” rating to a “hold” rating and set a $11.00 price target on the stock in a research note on Monday, December 23rd. Finally, Cfra upgraded Lions Gate Entertainment from a “hold” rating to a “buy” rating in a research note on Friday, February 7th. Four analysts have rated the stock with a hold rating and five have given a buy rating to the company’s stock. The stock has an average rating of “Buy” and a consensus target price of $15.86.
Lions Gate Entertainment stock opened at $10.66 on Thursday. The company has a quick ratio of 0.85, a current ratio of 0.85 and a debt-to-equity ratio of 1.01. The company has a market capitalization of $2.30 billion, a P/E ratio of -7.72, a PEG ratio of 4.23 and a beta of 1.24. The stock’s 50 day moving average is $10.57 and its 200 day moving average is $10.06. Lions Gate Entertainment has a twelve month low of $7.65 and a twelve month high of $17.39.
About Lions Gate Entertainment
Lions Gate Entertainment Corp. engages in motion picture production and distribution, television programming and syndication, home entertainment, interactive ventures and games, and location-based entertainment in Canada, the United States, and internationally. The company operates through three segments: Motion Pictures, Television Production, and Media Networks.
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