Lions Gate Entertainment Co. Class A Voting Shares (LGF.A) Research Coverage Started at Loop Capital

Loop Capital assumed coverage on shares of Lions Gate Entertainment Co. Class A Voting Shares (NYSE:LGF.A) in a research report released on Friday, March 16th. The brokerage issued a buy rating and a $36.00 price objective on the stock.

LGF.A has been the subject of a number of other reports. Zacks Investment Research lowered shares of Lions Gate Entertainment Co. Class A Voting Shares from a strong-buy rating to a hold rating in a report on Monday, January 22nd. SunTrust Banks lowered shares of Lions Gate Entertainment Co. Class A Voting Shares from a buy rating to a hold rating in a research note on Friday, February 9th. Macquarie reiterated a buy rating and set a $45.00 target price on shares of Lions Gate Entertainment Co. Class A Voting Shares in a research note on Wednesday, January 24th. Argus boosted their target price on shares of Lions Gate Entertainment Co. Class A Voting Shares to $38.00 and gave the company a buy rating in a research note on Wednesday, December 6th. Finally, Piper Jaffray set a $35.00 price objective on Lions Gate Entertainment Co. Class A Voting Shares and gave the stock a buy rating in a research note on Friday, February 9th. Two research analysts have rated the stock with a sell rating, five have assigned a hold rating and eleven have issued a buy rating to the stock. The company presently has a consensus rating of Buy and an average target price of $35.07.

Lions Gate Entertainment Co. Class A Voting Shares stock traded down $0.38 during trading hours on Friday, hitting $28.10. 762,009 shares of the stock traded hands, compared to its average volume of 773,794. The company has a debt-to-equity ratio of 0.81, a quick ratio of 1.02 and a current ratio of 1.02. The stock has a market cap of $5,478.04, a price-to-earnings ratio of 312.22, a PEG ratio of 4.86 and a beta of 1.15. Lions Gate Entertainment Co. Class A Voting Shares has a one year low of $24.27 and a one year high of $36.48.

Lions Gate Entertainment Co. Class A Voting Shares (NYSE:LGF.A) last issued its quarterly earnings results on Thursday, February 8th. The company reported $0.48 EPS for the quarter, topping analysts’ consensus estimates of $0.20 by $0.28. Lions Gate Entertainment Co. Class A Voting Shares had a return on equity of 9.08% and a net margin of 10.22%. The firm had revenue of $1.14 billion for the quarter, compared to analysts’ expectations of $1.08 billion. During the same period in the previous year, the firm posted $0.20 EPS. The business’s revenue for the quarter was up 51.9% compared to the same quarter last year. analysts predict that Lions Gate Entertainment Co. Class A Voting Shares will post 0.98 earnings per share for the current year.

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, May 1st. Shareholders of record on Saturday, March 31st will be issued a dividend of $0.09 per share. This represents a $0.36 annualized dividend and a dividend yield of 1.28%. The ex-dividend date of this dividend is Wednesday, March 28th. Lions Gate Entertainment Co. Class A Voting Shares’s dividend payout ratio (DPR) is presently 400.00%.

COPYRIGHT VIOLATION WARNING: “Lions Gate Entertainment Co. Class A Voting Shares (LGF.A) Research Coverage Started at Loop Capital” was originally reported by Dispatch Tribunal and is the property of of Dispatch Tribunal. If you are viewing this report on another domain, it was illegally copied and republished in violation of U.S. & international trademark & copyright law. The legal version of this report can be read at https://www.dispatchtribunal.com/2018/04/07/lions-gate-entertainment-co-class-a-voting-shares-lgf-a-now-covered-by-analysts-at-loop-capital.html.

Analyst Recommendations for Lions Gate Entertainment Co. Class A Voting Shares (NYSE:LGF.A)

Receive News & Ratings for Lions Gate Entertainment Co. Class A Voting Shares Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Lions Gate Entertainment Co. Class A Voting Shares and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply