Chicken Soup for The Soul Entrtnmnt Inc (NASDAQ:CSSE) has earned a consensus broker rating score of 1.00 (Strong Buy) from the four brokers that cover the company, Zacks Investment Research reports. Four analysts have rated the stock with a strong buy recommendation.
Analysts have set a 1-year consensus target price of $19.44 for the company and are predicting that the company will post ($0.11) EPS for the current quarter, according to Zacks. Zacks has also assigned Chicken Soup for The Soul Entrtnmnt an industry rank of 95 out of 256 based on the ratings given to its competitors.
A number of research firms recently weighed in on CSSE. Maxim Group upped their price target on Chicken Soup for The Soul Entrtnmnt from $18.00 to $22.00 and gave the stock a “buy” rating in a research note on Thursday, May 16th. Northland Securities reaffirmed a “buy” rating and set a $15.00 price target on shares of Chicken Soup for The Soul Entrtnmnt in a research note on Thursday, May 16th. Finally, ValuEngine downgraded Chicken Soup for The Soul Entrtnmnt from a “buy” rating to a “hold” rating in a research note on Wednesday, May 15th.
Chicken Soup for The Soul Entrtnmnt (NASDAQ:CSSE) last posted its quarterly earnings results on Monday, April 1st. The company reported $0.02 earnings per share for the quarter. Chicken Soup for The Soul Entrtnmnt had a negative return on equity of 2.24% and a negative net margin of 12.85%. The business had revenue of $11.73 million for the quarter. Research analysts predict that Chicken Soup for The Soul Entrtnmnt will post 0.16 EPS for the current fiscal year.
An institutional investor recently raised its position in Chicken Soup for The Soul Entrtnmnt stock. Royce & Associates LP grew its stake in shares of Chicken Soup for The Soul Entrtnmnt Inc (NASDAQ:CSSE) by 45.0% in the first quarter, according to its most recent filing with the SEC. The institutional investor owned 311,027 shares of the company’s stock after purchasing an additional 96,527 shares during the period. Royce & Associates LP owned about 7.49% of Chicken Soup for The Soul Entrtnmnt worth $3,844,000 as of its most recent filing with the SEC. 18.92% 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.
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