The 52 week high shares of Lions Gate Entertainment Corp. have reached is 41.41 whilst the 52 week low for the company’s shares is 16.21. Earnings per share (EPS) of $0.20 topped the Street’s estimated loss of $0.17, while revenue clocked in at $553.6 million, which also surpassed the analysts’ expectation of $494.3 million.
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Over the last twelve months shares in Lions Gate Entertainment Corp. have decreased by -48.42% from 36.91 to 19.04. (USA)’s analysts now forecast -223.08% negative EPS growth. The company recorded a trading capacity of 3.91 million shares above its three months average daily volume of 3.05 million shares.
As of current trade, Lions Gate Entertainment Corp. (NYSE:LGF) shares issuing the company with a “Sector Perform” rating. It has underperformed by 46.53% the S&P500.
Lions Gate Entertainment Corporation (NYSE:LGF) showed bullish move with gain of +0.74% after exchanging volume of 4.19 million shares in last trading session ended on 8/4/2016. 1 analysts have rated the company as a strong “Hold”. This means 80% are positive.
The stock has received rating from many Reuters analysts. A stock comes in the group of undervalued stocks when its PEG ratio falls in between 0 and 1.
Following the news, analysts at Pacific Crest released a note that while the company has some long-term margin concerns, in the near-term Lions Gate could benefit from over-the-top online streaming and TV production. Meanwhile, Director, 10% Owner RACHESKY MARK H MD sold 9,964,000 shares worth $388795000.28, through a transaction dated 2015-11-10.
Earnings before interest, taxes, depreciation and amortization fell to $40.7 million in the quarter from $71 million a year earlier due to higher marketing and distribution costs for movies. Lions Gate Entertainment Corporation (NYSE:LGF) PEG ratio is at 2.36. (USA) for 30.21 million shares.
On 8/4/2016, shares of Delta Air Lines, Inc. Now the company has earned “Buy” from 3 equity analysts. The stock has market worth of $2.77B. Crosslink Capital Inc, a California-based fund reported 559,156 shares.
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Increased Television Production revenue was led by strong growth in domestic television series licensing and inclusion of $27.3 million in revenue from Pilgrim Media Group which more than offset declines from global television sales and home entertainment revenue from television programming. The company has a market cap of $2.75 billion. Overall motion picture revenues grew 31.6%; TV production revenues rose 43%. Company has 0.10% insider ownership. The Company’s Motion Pictures segment consists of the development and production of feature films, acquisition of North American and around the world distribution rights, North American theatrical, home entertainment and television distribution of feature films produced and acquired, and around the world licensing of distribution rights to feature films produced and acquired.
