Lionsgate Studios Corp. (NYSE:LION) Given Average Recommendation of "Hold" by Brokerages

Key Points

• Analyst consensus: Hold — 13 firms cover Lionsgate (7 buys, 5 holds, 1 sell) and the average 1‑year target price is $11.71.
• Recent analyst actions are mixed: Morgan Stanley and Wells Fargo raised targets and carry an overweight view (MS TP $14, WF TP $12), while Citigroup cut to neutral despite lifting its TP to $12.60 and some outlets (Weiss, Wall Street Zen) remain bearish.
• Stock and results — Shares trade around $12.62 (near a 52‑week high of $12.84) with a $3.66B market cap; Lionsgate missed quarterly EPS (‑$0.07 vs. ‑$0.02 est.) but beat revenue, and analysts forecast FY EPS of about ‑0.53.

Shares of Lionsgate Studios Corp. (NYSE:LION - Get Free Report) have been assigned an average recommendation of "Hold" from the thirteen ratings firms that are covering the company, MarketBeat reports. One equities research analyst has rated the stock with a sell recommendation, five have given a hold recommendation and seven have given a buy recommendation to the company. The average 1-year target price among analysts that have issued a report on the stock in the last year is $11.71.

A number of equities research analysts have recently issued reports on the stock. Morgan Stanley upped their target price on shares of Lionsgate Studios from $11.00 to $14.00 and gave the stock an "overweight" rating in a report on Friday. Weiss Ratings reaffirmed a "sell (d-)" rating on shares of Lionsgate Studios in a report on Tuesday, April 21st. Wells Fargo & Company upped their target price on shares of Lionsgate Studios from $9.00 to $12.00 and gave the stock an "overweight" rating in a report on Friday, January 30th. Wall Street Zen lowered shares of Lionsgate Studios from a "hold" rating to a "sell" rating in a report on Sunday, April 26th. Finally, Citigroup lowered shares of Lionsgate Studios from a "buy" rating to a "neutral" rating and upped their target price for the stock from $11.00 to $12.60 in a report on Monday, April 20th.

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of LION. Osaic Holdings Inc. raised its holdings in shares of Lionsgate Studios by 4,852.0% during the 2nd quarter. Osaic Holdings Inc. now owns 4,952 shares of the company's stock worth $29,000 after acquiring an additional 4,852 shares during the period. GAMMA Investing LLC raised its holdings in shares of Lionsgate Studios by 99.3% during the 4th quarter. GAMMA Investing LLC now owns 3,559 shares of the company's stock worth $32,000 after acquiring an additional 1,773 shares during the period. CIBC Private Wealth Group LLC purchased a new position in shares of Lionsgate Studios during the 3rd quarter worth $38,000. Caitong International Asset Management Co. Ltd purchased a new position in shares of Lionsgate Studios during the 4th quarter worth $44,000. Finally, Newbridge Financial Services Group Inc. purchased a new position in shares of Lionsgate Studios during the 4th quarter worth $55,000.

Lionsgate Studios Stock Down 0.2%

Lionsgate Studios stock opened at $12.62 on Tuesday. Lionsgate Studios has a 52-week low of $5.55 and a 52-week high of $12.84. The firm has a market capitalization of $3.66 billion, a price-to-earnings ratio of -14.85 and a beta of 0.56. The company has a fifty day simple moving average of $10.15 and a 200-day simple moving average of $8.75.

Lionsgate Studios (NYSE:LION - Get Free Report) last released its earnings results on Thursday, February 5th. The company reported ($0.07) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of ($0.02) by ($0.05). The firm had revenue of $724.30 million for the quarter, compared to analyst estimates of $706.03 million. On average, research analysts anticipate that Lionsgate Studios will post -0.53 EPS for the current fiscal year.

About Lionsgate Studios

Lionsgate Studios, operating under the ticker NYSE:LION, is a leading global entertainment company specializing in the production, acquisition and distribution of motion pictures, television programming and digital content. Headquartered in Santa Monica, California, and with additional operations in Vancouver, the company develops, finances and markets feature films that span a wide range of genres—from major franchise hits like The Hunger Games and John Wick to independent and specialty titles.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.