Lions Gate Entertainment Corp. Class A (LGF.A) Upgraded by ValuEngine to Sell

ValuEngine upgraded shares of Lions Gate Entertainment Corp. Class A (NYSE:LGF.A) from a strong sell rating to a sell rating in a research note published on Thursday morning.

Other equities analysts have also issued reports about the company. SunTrust Banks raised Lions Gate Entertainment Corp. Class A from a hold rating to a $23.87 rating in a research note on Wednesday, July 18th. Zacks Investment Research lowered Lions Gate Entertainment Corp. Class A from a hold rating to a sell rating in a research note on Tuesday, August 21st. Barrington Research reaffirmed a buy rating and set a $34.00 price target on shares of Lions Gate Entertainment Corp. Class A in a research note on Tuesday, May 29th. Macquarie set a $33.00 price target on Lions Gate Entertainment Corp. Class A and gave the company a buy rating in a research note on Sunday, May 27th. Finally, Canaccord Genuity set a $27.00 price target on Lions Gate Entertainment Corp. Class A and gave the company a buy rating in a research note on Wednesday, May 16th. One analyst has rated the stock with a sell rating, five have assigned a hold rating and eleven have assigned a buy rating to the stock. Lions Gate Entertainment Corp. Class A presently has an average rating of Buy and a consensus target price of $31.73.

Shares of LGF.A stock opened at $23.12 on Thursday. Lions Gate Entertainment Corp. Class A has a 12-month low of $21.54 and a 12-month high of $36.48. The company has a market capitalization of $5.02 billion, a P/E ratio of 28.28, a price-to-earnings-growth ratio of 3.56 and a beta of 0.99. The company has a debt-to-equity ratio of 0.82, a current ratio of 0.74 and a quick ratio of 0.74.

Lions Gate Entertainment Corp. Class A (NYSE:LGF.A) last issued its quarterly earnings data on Thursday, August 9th. The company reported $0.18 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.08 by $0.10. Lions Gate Entertainment Corp. Class A had a return on equity of 5.97% and a net margin of 7.20%. The business had revenue of $933.00 million during the quarter, compared to analyst estimates of $888.36 million. During the same period in the prior year, the company posted $0.49 EPS. The business’s revenue for the quarter was down 7.2% compared to the same quarter last year. equities research analysts forecast that Lions Gate Entertainment Corp. Class A will post 0.85 EPS for the current fiscal year.

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To view ValuEngine’s full report, visit ValuEngine’s official website.

Analyst Recommendations for Lions Gate Entertainment Corp. Class A (NYSE:LGF.A)

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