Lions Gate Entertainment Corporation (NYSE:LGF.A) – Equities researchers at Barrington Research lifted their Q3 2018 earnings estimates for Lions Gate Entertainment in a report released on Wednesday, according to Zacks Investment Research. Barrington Research analyst J. Goss now expects that the company will post earnings per share of $0.20 for the quarter, up from their previous forecast of $0.19. Barrington Research also issued estimates for Lions Gate Entertainment’s FY2018 earnings at $1.15 EPS.
A number of other brokerages also recently weighed in on LGF.A. Rosenblatt Securities downgraded shares of Lions Gate Entertainment from a “buy” rating to a “neutral” rating and set a $33.00 price target for the company. in a report on Wednesday, October 4th. They noted that the move was a valuation call. UBS downgraded shares of Lions Gate Entertainment from a “buy” rating to a “neutral” rating in a report on Wednesday, October 4th. ValuEngine raised shares of Lions Gate Entertainment from a “sell” rating to a “hold” rating in a report on Friday. Royal Bank Of Canada boosted their price objective on Lions Gate Entertainment from $35.00 to $36.00 and gave the stock an “outperform” rating in a report on Friday, November 10th. Finally, B. Riley boosted their price objective on Lions Gate Entertainment from $29.00 to $31.00 and gave the stock a “buy” rating in a report on Friday, November 10th. Four research analysts have rated the stock with a hold rating and fourteen have given a buy rating to the company. Lions Gate Entertainment currently has an average rating of “Buy” and a consensus price target of $32.58.
Shares of Lions Gate Entertainment (NYSE:LGF.A) traded down $0.29 during midday trading on Friday, reaching $33.16. 582,622 shares of the company’s stock were exchanged, compared to its average volume of 563,312. Lions Gate Entertainment has a 52 week low of $24.27 and a 52 week high of $34.75. The company has a quick ratio of 1.01, a current ratio of 1.01 and a debt-to-equity ratio of 0.89. The firm has a market cap of $7,001.45, a P/E ratio of 39.35, a price-to-earnings-growth ratio of 4.00 and a beta of 1.15.
Lions Gate Entertainment (NYSE:LGF.A) last posted its quarterly earnings data on Thursday, November 9th. The company reported $0.29 earnings per share for the quarter, topping the consensus estimate of ($0.13) by $0.42. The business had revenue of $941.00 million during the quarter, compared to the consensus estimate of $953.04 million. Lions Gate Entertainment had a net margin of 5.56% and a return on equity of 6.96%. The company’s quarterly revenue was up 47.1% compared to the same quarter last year. During the same quarter in the prior year, the company posted $0.01 earnings per share. COPYRIGHT VIOLATION WARNING: “Q3 2018 EPS Estimates for Lions Gate Entertainment Corporation (LGF.A) Lifted by Analyst” was first posted by Dispatch Tribunal and is the property of of Dispatch Tribunal. If you are accessing this piece of content on another domain, it was stolen and reposted in violation of United States and international trademark & copyright law. The legal version of this piece of content can be read at https://www.dispatchtribunal.com/2017/12/04/barrington-research-comments-on-lions-gate-entertainment-corporations-q3-2018-earnings-lgf-a.html.
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