Lions Gate Entertainment (NYSE:LGF.A) Upgraded to “Sell” at ValuEngine

ValuEngine upgraded shares of Lions Gate Entertainment (NYSE:LGF.A) from a strong sell rating to a sell rating in a research report released on Monday, April 1st, ValuEngine reports.

Several other equities analysts also recently commented on the stock. Zacks Investment Research upgraded shares of Lions Gate Entertainment from a hold rating to a buy rating and set a $20.00 price target on the stock in a report on Tuesday, January 15th. Barrington Research dropped their price objective on shares of Lions Gate Entertainment to $21.00 and set an outperform rating on the stock in a research note on Monday, February 11th. Evercore ISI dropped their price objective on shares of Lions Gate Entertainment from $31.00 to $26.00 and set an outperform rating on the stock in a research note on Thursday, December 13th. Macquarie reiterated a buy rating and set a $29.00 price objective on shares of Lions Gate Entertainment in a research note on Monday, February 11th. Finally, Deutsche Bank raised shares of Lions Gate Entertainment from a hold rating to a buy rating and set a $26.00 target price for the company in a research report on Tuesday, December 18th. One equities research analyst has rated the stock with a sell rating, two have assigned a hold rating and seven have assigned a buy rating to the stock. The company presently has an average rating of Buy and a consensus price target of $25.38.

Shares of LGF.A traded down $0.03 during trading hours on Monday, reaching $15.29. 451,658 shares of the stock traded hands, compared to its average volume of 792,328. The company has a debt-to-equity ratio of 1.02, a quick ratio of 0.89 and a current ratio of 0.89. Lions Gate Entertainment has a 52-week low of $13.63 and a 52-week high of $27.88. The stock has a market cap of $3.42 billion, a price-to-earnings ratio of 12.43, a price-to-earnings-growth ratio of 0.84 and a beta of 1.45.

Lions Gate Entertainment (NYSE:LGF.A) last announced its quarterly earnings results on Thursday, February 7th. The company reported $0.31 EPS for the quarter, topping the consensus estimate of $0.23 by $0.08. The business had revenue of $933.20 million for the quarter, compared to analysts’ expectations of $1.01 billion. Lions Gate Entertainment had a negative net margin of 0.99% and a positive return on equity of 5.77%. On average, equities research analysts predict that Lions Gate Entertainment will post 0.73 earnings per share for the current year.

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

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