Chicken Soup for The Soul Entrtnmnt (CSSE) PT Raised to $22.00 at Maxim Group

Chicken Soup for The Soul Entrtnmnt (NASDAQ:CSSE) had its price target increased by Maxim Group from $18.00 to $22.00 in a research note published on Thursday, The Fly reports. The brokerage currently has a buy rating on the stock.

A number of other equities research analysts have also commented on the stock. Northland Securities reiterated a buy rating and set a $15.00 price target on shares of Chicken Soup for The Soul Entrtnmnt in a report on Thursday. ValuEngine lowered shares of Chicken Soup for The Soul Entrtnmnt from a buy rating to a hold rating in a report on Wednesday, May 15th.

NASDAQ:CSSE opened at $8.35 on Thursday. Chicken Soup for The Soul Entrtnmnt has a 52 week low of $6.75 and a 52 week high of $13.11. The firm has a market cap of $34.68 million, a P/E ratio of 10.57 and a beta of 1.26.

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

An institutional investor recently raised its position in Chicken Soup for The Soul Entrtnmnt stock. Teton Advisors Inc. grew its stake in Chicken Soup for The Soul Entrtnmnt Inc (NASDAQ:CSSE) by 18.0% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 11,800 shares of the company’s stock after purchasing an additional 1,800 shares during the quarter. Teton Advisors Inc. owned about 0.31% of Chicken Soup for The Soul Entrtnmnt worth $89,000 at the end of the most recent quarter. 16.57% of the stock is currently owned by institutional investors and hedge funds.

Chicken Soup for The Soul Entrtnmnt Company Profile

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 its owned and operated advertiser-supported VOD (AVOD) networks, including Popcornflix and Truli; distributes its and third-party owned content to end users in various digital platforms through its owned and operated subscription-based VOD (SVOD) network Pivotshare; and operates a series of direct-to consumer advertising supported channels.

See Also: What is required to own or exchange cryptocurrency?

The Fly

Receive News & Ratings for Chicken Soup for The Soul Entrtnmnt Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Chicken Soup for The Soul Entrtnmnt and related companies with MarketBeat.com's FREE daily email newsletter.