Starz Entertainment Corp. (NASDAQ:STRZ) Receives Consensus Recommendation of “Hold” from Brokerages

Shares of Starz Entertainment Corp. (NASDAQ:STRZ) have received a consensus recommendation of “Hold” from the ten brokerages that are presently covering the firm, Marketbeat reports. One research analyst has rated the stock with a sell rating, six have assigned a hold rating, two have given a buy rating and one has issued a strong buy rating on the company. The average 12 month target price among brokers that have issued a report on the stock in the last year is $22.00.

STRZ has been the subject of a number of recent research reports. Robert W. Baird initiated coverage on shares of Starz Entertainment in a report on Friday, September 5th. They issued a “neutral” rating and a $13.00 target price for the company. Deutsche Bank Aktiengesellschaft reissued a “hold” rating on shares of Starz Entertainment in a report on Friday, September 5th. Benchmark initiated coverage on shares of Starz Entertainment in a report on Wednesday, July 9th. They issued a “buy” rating and a $39.00 target price for the company. Baird R W raised shares of Starz Entertainment to a “hold” rating in a report on Friday, September 5th. Finally, Morgan Stanley cut their target price on shares of Starz Entertainment from $15.00 to $14.00 and set an “equal weight” rating for the company in a report on Friday, August 15th.

Insider Buying and Selling

In other news, Director Harry Sloan acquired 8,100 shares of the company’s stock in a transaction on Thursday, August 21st. The stock was bought at an average cost of $12.98 per share, with a total value of $105,138.00. Following the completion of the purchase, the director directly owned 42,260 shares of the company’s stock, valued at $548,534.80. This represents a 23.71% increase in their ownership of the stock. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Insiders have acquired 15,796 shares of company stock worth $201,896 over the last ninety days.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently bought and sold shares of STRZ. Russell Investments Group Ltd. purchased a new position in Starz Entertainment during the second quarter worth $28,000. CWM LLC purchased a new position in Starz Entertainment during the second quarter worth $33,000. Legal & General Group Plc purchased a new position in Starz Entertainment during the second quarter worth $41,000. New York State Common Retirement Fund purchased a new position in Starz Entertainment during the second quarter worth $48,000. Finally, Police & Firemen s Retirement System of New Jersey purchased a new position in Starz Entertainment during the second quarter worth $49,000.

Starz Entertainment Trading Up 0.3%

Starz Entertainment stock opened at $11.08 on Friday. Starz Entertainment has a 1 year low of $8.00 and a 1 year high of $22.98. The firm’s 50 day moving average is $13.35.

Starz Entertainment (NASDAQ:STRZ) last released its quarterly earnings data on Thursday, February 3rd. The company reported $0.21 earnings per share (EPS) for the quarter. The company had revenue of $836.40 million for the quarter.

Starz Entertainment Company Profile

Starz is a premium cable and streaming network owned by Starz Entertainment, which was formerly a part of Lionsgate. Starz had about 20 million subscribers in the U.S. and Canada as of Dec. 31, 2024. The company’s franchises include “Outlander” and “Power.”