Shares of Chicken Soup for The Soul Entrtnmnt Inc (NASDAQ:CSSE) have been given a consensus broker rating score of 1.00 (Strong Buy) from the three brokers that provide coverage for the stock, Zacks Investment Research reports. Three research analysts have rated the stock with a strong buy recommendation.
Analysts have set a 1-year consensus price objective of $18.90 for the company and are anticipating that the company will post $0.06 EPS for the current quarter, according to Zacks. Zacks has also assigned Chicken Soup for The Soul Entrtnmnt an industry rank of 79 out of 255 based on the ratings given to its competitors.
Several brokerages have commented on CSSE. ValuEngine lowered shares of Chicken Soup for The Soul Entrtnmnt from a “hold” rating to a “sell” rating in a research report on Thursday, July 19th. Northland Securities reiterated a “buy” rating and issued a $15.00 price objective on shares of Chicken Soup for The Soul Entrtnmnt in a research report on Wednesday, August 1st.
An institutional investor recently bought a new position in Chicken Soup for The Soul Entrtnmnt stock. Bard Associates Inc. acquired a new position in Chicken Soup for The Soul Entrtnmnt Inc (NASDAQ:CSSE) during the 2nd quarter, according to its most recent filing with the SEC. The fund acquired 14,500 shares of the company’s stock, valued at approximately $139,000. Bard Associates Inc. owned approximately 0.39% of Chicken Soup for The Soul Entrtnmnt as of its most recent SEC filing. Institutional investors and hedge funds own 15.07% of the company’s stock.
Shares of NASDAQ CSSE traded down $0.78 during trading on Friday, hitting $9.10. 22,810 shares of the company were exchanged, compared to its average volume of 17,188. The firm has a market capitalization of $34.57 million, a P/E ratio of 11.10 and a beta of 2.05. Chicken Soup for The Soul Entrtnmnt has a 1 year low of $6.19 and a 1 year high of $11.41.
Chicken Soup for The Soul Entrtnmnt (NASDAQ:CSSE) last issued its earnings results on Tuesday, August 14th. The company reported ($0.04) EPS for the quarter, topping the consensus estimate of ($0.10) by $0.06. The company had revenue of $2.94 million for the quarter, compared to analyst estimates of $3.30 million. Chicken Soup for The Soul Entrtnmnt had a net margin of 124.22% and a return on equity of 15.98%. As a group, equities research analysts forecast that Chicken Soup for The Soul Entrtnmnt will post 0.63 earnings per share for the current year.
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 Popcornflix and A Plus networks, as well as operates a series of direct-to consumer advertising supported channels.
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