Lions Gate Entertainment Corp. (NYSE:LGF.A)’s share price was up 6.2% during trading on Wednesday . The stock traded as high as $11.73 and last traded at $11.69, 1,358,523 shares changed hands during mid-day trading. An increase of 42% from the average daily volume of 958,699 shares. The stock had previously closed at $11.01.

A number of equities research analysts have weighed in on the stock. ValuEngine upgraded shares of Lions Gate Entertainment from a “strong sell” rating to a “sell” rating in a research note on Wednesday, June 12th. Goldman Sachs Group upgraded shares of Lions Gate Entertainment from a “neutral” rating to a “buy” rating and dropped their price objective for the company from $24.00 to $19.00 in a research note on Wednesday, July 24th. Imperial Capital raised shares of Lions Gate Entertainment to an “outperform” rating in a report on Monday, August 19th. Barrington Research lifted their target price on shares of Lions Gate Entertainment to $18.00 and gave the company an “outperform” rating in a research report on Wednesday, May 29th. Finally, Zacks Investment Research lowered shares of Lions Gate Entertainment from a “buy” rating to a “hold” rating and set a $13.00 target price on the stock. in a research report on Tuesday, August 13th. One research analyst has rated the stock with a sell rating, two have assigned a hold rating and seven have issued a buy rating to the company’s stock. Lions Gate Entertainment currently has a consensus rating of “Buy” and an average target price of $22.14.

The company’s 50 day moving average price is $11.37 and its 200 day moving average price is $13.66. The company has a debt-to-equity ratio of 1.04, a quick ratio of 0.80 and a current ratio of 0.80. The company has a market cap of $2.42 billion, a price-to-earnings ratio of 17.45, a P/E/G ratio of 0.85 and a beta of 1.17.

Lions Gate Entertainment (NYSE:LGF.A) last announced its earnings results on Thursday, August 8th. The company reported ($0.05) earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of ($0.08) by $0.03. Lions Gate Entertainment had a negative net margin of 8.90% and a positive return on equity of 3.74%. The business had revenue of $963.60 million during the quarter, compared to analysts’ expectations of $925.41 million. As a group, analysts predict that Lions Gate Entertainment Corp. will post 0.87 EPS for the current year.

About Lions Gate Entertainment (NYSE:LGF.A)

Lions Gate Entertainment Corp. engages in motion picture production and distribution, television programming and syndication, home entertainment, interactive ventures and games, and location-based entertainment in Canada, the United States, and internationally. The company operates through three segments: Motion Pictures, Television Production, and Media Networks.

Further Reading: Balanced Fund

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