Chicken Soup for The Soul Entrtnmnt Inc (NASDAQ:CSSE) has earned a consensus broker rating score of 1.00 (Strong Buy) from the three analysts that cover the company, Zacks Investment Research reports. Three analysts have rated the stock with a strong buy rating.
Brokers have set a 1-year consensus price objective of $18.90 for the company and are forecasting that the company will post $0.06 earnings per share for the current quarter, according to Zacks. Zacks has also assigned Chicken Soup for The Soul Entrtnmnt an industry rank of 90 out of 257 based on the ratings given to its competitors.
CSSE has been the subject of several research analyst reports. Northland Securities reiterated a “buy” rating and set a $15.00 target price on shares of Chicken Soup for The Soul Entrtnmnt in a research report on Wednesday, August 1st. ValuEngine upgraded Chicken Soup for The Soul Entrtnmnt from a “sell” rating to a “hold” rating in a research report on Saturday, September 1st.
A hedge fund recently bought a new stake in Chicken Soup for The Soul Entrtnmnt stock. Royce & Associates LP bought a new position in shares of Chicken Soup for The Soul Entrtnmnt Inc (NASDAQ:CSSE) in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm bought 150,000 shares of the company’s stock, valued at approximately $1,437,000. Royce & Associates LP owned approximately 3.99% of Chicken Soup for The Soul Entrtnmnt at the end of the most recent quarter. Institutional investors own 15.07% of the company’s stock.
CSSE traded down $0.16 during midday trading on Friday, reaching $8.85. The company had a trading volume of 5,613 shares, compared to its average volume of 17,598. The stock has a market cap of $35.52 million, a price-to-earnings ratio of 10.79 and a beta of 2.05. Chicken Soup for The Soul Entrtnmnt has a 1 year low of $6.19 and a 1 year high of $11.41.
Chicken Soup for The Soul Entrtnmnt (NASDAQ:CSSE) last issued its quarterly earnings results on Tuesday, August 14th. The company reported ($0.04) EPS for the quarter, topping analysts’ consensus estimates of ($0.10) by $0.06. The business had revenue of $2.94 million during the quarter, compared to analysts’ expectations of $3.30 million. Chicken Soup for The Soul Entrtnmnt had a return on equity of 15.98% and a net margin of 124.22%. Equities research analysts forecast that Chicken Soup for The Soul Entrtnmnt will post 0.63 EPS for the current year.
About Chicken Soup for The Soul Entrtnmnt
Chicken Soup for the Soul Entertainment, Inc, a media company, produces, distributes, and licenses video content in the United States and internationally. It distributes and exhibits video on-demand (VOD) content directly to consumers through digital platforms, such as smartphones, tablets, gaming consoles, and the Web through Popcornflix and A Plus networks, as well as operates a series of direct-to consumer advertising supported channels.
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