Chicken Soup for The Soul Entrtnmnt Inc (NASDAQ:CSSE) has earned a consensus broker rating score of 1.00 (Strong Buy) from the four analysts that provide coverage for the stock, Zacks Investment Research reports. Four equities research analysts have rated the stock with a strong buy rating.
Brokerages have set a one year consensus target price of $19.44 for the company and are expecting that the company will post ($0.11) earnings per share for the current quarter, according to Zacks. Zacks has also assigned Chicken Soup for The Soul Entrtnmnt an industry rank of 104 out of 256 based on the ratings given to its competitors.
CSSE has been the topic of a number of recent analyst reports. 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. Maxim Group initiated coverage on shares of Chicken Soup for The Soul Entrtnmnt in a research note on Wednesday, April 24th. They set a “buy” rating on the stock. Finally, ValuEngine downgraded shares of Chicken Soup for The Soul Entrtnmnt from a “buy” rating to a “hold” rating in a research note on Wednesday, May 15th.
An institutional investor recently raised its position in Chicken Soup for The Soul Entrtnmnt stock. Royce & Associates LP lifted its holdings in Chicken Soup for The Soul Entrtnmnt Inc (NASDAQ:CSSE) by 10.0% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 214,500 shares of the company’s stock after acquiring an additional 19,500 shares during the period. Royce & Associates LP owned approximately 5.64% of Chicken Soup for The Soul Entrtnmnt worth $1,613,000 as of its most recent SEC filing. Institutional investors and hedge funds own 18.92% of the company’s stock.
Shares of CSSE opened at $7.35 on Wednesday. Chicken Soup for The Soul Entrtnmnt has a 1 year low of $6.75 and a 1 year high of $13.11.
Chicken Soup for The Soul Entrtnmnt (NASDAQ:CSSE) last announced its quarterly earnings data on Wednesday, May 15th. The company reported ($0.28) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.07) by ($0.21). The firm had revenue of $2.53 million for the quarter, compared to analysts’ expectations of $6.54 million. Chicken Soup for The Soul Entrtnmnt had a negative net margin of 11.50% and a negative return on equity of 1.73%. On average, analysts expect that Chicken Soup for The Soul Entrtnmnt will post 0.16 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 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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