Chicken Soup for The Soul Entrtnmnt’s (CSSE) Buy Rating Reiterated at Northland Securities

Northland Securities reaffirmed their buy rating on shares of Chicken Soup for The Soul Entrtnmnt (NASDAQ:CSSE) in a research note released on Thursday, AnalystRatings.com reports. They currently have a $15.00 price target on the stock.

A number of other research analysts have also recently weighed in on CSSE. ValuEngine cut shares of Chicken Soup for The Soul Entrtnmnt from a buy rating to a hold rating in a research report on Wednesday. Maxim Group started coverage on shares of Chicken Soup for The Soul Entrtnmnt in a research report on Wednesday, April 24th. They set a buy rating on the stock.

CSSE traded up $0.13 during trading hours on Thursday, hitting $8.35. The company’s stock had a trading volume of 26,293 shares, compared to its average volume of 19,383. Chicken Soup for The Soul Entrtnmnt has a 12 month low of $6.75 and a 12 month high of $13.11. The stock has a market capitalization of $34.68 million, a PE ratio of 10.57 and a beta of 1.26.

Chicken Soup for The Soul Entrtnmnt (NASDAQ:CSSE) last announced its quarterly earnings results on Wednesday, May 15th. The company reported ($0.28) earnings per share for the quarter, missing the consensus estimate of ($0.07) by ($0.21). Chicken Soup for The Soul Entrtnmnt had a negative return on equity of 1.73% and a negative net margin of 11.50%. The business had revenue of $2.53 million during the quarter, compared to the consensus estimate of $6.54 million. Analysts anticipate that Chicken Soup for The Soul Entrtnmnt will post 0.59 earnings per share for the current year.

A hedge fund recently raised its stake in Chicken Soup for The Soul Entrtnmnt stock. Teton Advisors Inc. raised its position in shares of Chicken Soup for The Soul Entrtnmnt Inc (NASDAQ:CSSE) by 18.0% during the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 11,800 shares of the company’s stock after acquiring an additional 1,800 shares during the period. Teton Advisors Inc. owned approximately 0.31% of Chicken Soup for The Soul Entrtnmnt worth $89,000 as of its most recent filing with the Securities & Exchange Commission. 16.57% of the stock is owned by institutional investors and hedge funds.

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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