Chicken Soup for The Soul Entrtnmnt Inc (NASDAQ:CSSE) has been assigned a consensus broker rating score of 1.00 (Strong Buy) from the four brokers that cover the company, Zacks Investment Research reports. Four equities research analysts have rated the stock with a strong buy rating.
Brokers have set a one year consensus target price of $19.44 for the company and are forecasting that the company will post ($0.11) earnings per share for the current quarter, according to Zacks. Zacks has also given Chicken Soup for The Soul Entrtnmnt an industry rank of 69 out of 256 based on the ratings given to related companies.
A number of equities research analysts have recently commented on CSSE shares. Northland Securities reaffirmed a “buy” rating and issued a $15.00 target price on shares of Chicken Soup for The Soul Entrtnmnt in a report on Sunday, April 7th. Maxim Group started coverage on shares of Chicken Soup for The Soul Entrtnmnt in a report on Wednesday, April 24th. They issued a “buy” rating for the company. Finally, ValuEngine raised shares of Chicken Soup for The Soul Entrtnmnt from a “sell” rating to a “hold” rating in a report on Tuesday, February 12th.
Shares of NASDAQ:CSSE opened at $8.08 on Tuesday. Chicken Soup for The Soul Entrtnmnt has a one year low of $6.75 and a one year high of $13.11. The stock has a market capitalization of $34.06 million, a PE ratio of 10.38 and a beta of 1.26.
Chicken Soup for The Soul Entrtnmnt (NASDAQ:CSSE) last announced its earnings results on Wednesday, May 15th. The company reported ($0.28) EPS for the quarter, missing analysts’ consensus estimates 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 business had revenue of $2.53 million during the quarter, compared to analysts’ expectations of $6.54 million. As a group, sell-side analysts anticipate that Chicken Soup for The Soul Entrtnmnt will post 0.16 EPS for the current fiscal year.
A hedge fund recently raised its stake in Chicken Soup for The Soul Entrtnmnt stock. Royce & Associates LP grew its holdings in Chicken Soup for The Soul Entrtnmnt Inc (NASDAQ:CSSE) by 45.0% in the first quarter, according to its most recent disclosure with the SEC. The fund owned 311,027 shares of the company’s stock after buying an additional 96,527 shares during the period. Royce & Associates LP owned 7.49% of Chicken Soup for The Soul Entrtnmnt worth $3,844,000 at the end of the most recent reporting period. Institutional investors own 18.92% of the company’s stock.
About Chicken Soup for The Soul Entrtnmnt
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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