Lionsgate Studios Corp. (NYSE:LION) Given Consensus Recommendation of "Moderate Buy" by Brokerages

Key Points

• Analysts have a consensus recommendation of Moderate Buy on Lionsgate from 13 firms (1 sell, 4 hold, 7 buy, 1 strong buy), with an average 12‑month price target of $10.05.
• In its latest quarter Lionsgate reported EPS of -$0.07 (missing the -$0.02 estimate) while beating revenue at $724.3M versus $706.0M, and sell‑side analysts forecast $0.08 EPS for the current year.
• The stock opened at $10.65, has a market capitalization of $3.09B, a 52‑week range of $5.55–$11.02, and 50‑ and 200‑day moving averages of $9.30 and $8.19 respectively.

Lionsgate Studios Corp. (NYSE:LION - Get Free Report) has been given a consensus recommendation of "Moderate Buy" by the thirteen ratings firms that are presently covering the company, Marketbeat reports. One analyst has rated the stock with a sell rating, four have issued a hold rating, seven have assigned a buy rating and one has issued a strong buy rating on the company. The average twelve-month price target among analysts that have issued a report on the stock in the last year is $10.05.

LION has been the topic of several analyst reports. Weiss Ratings reaffirmed a "sell (d-)" rating on shares of Lionsgate Studios in a report on Thursday, January 22nd. Barrington Research reaffirmed an "outperform" rating and issued a $11.50 target price on shares of Lionsgate Studios in a report on Friday, February 6th. Zacks Research raised shares of Lionsgate Studios from a "strong sell" rating to a "hold" rating in a report on Monday, January 5th. Wall Street Zen cut shares of Lionsgate Studios from a "hold" rating to a "sell" rating in a report on Saturday, February 14th. Finally, Morgan Stanley reaffirmed an "overweight" rating and issued a $11.00 target price on shares of Lionsgate Studios in a report on Friday, February 6th.

Institutional Trading of Lionsgate Studios

Several hedge funds have recently added to or reduced their stakes in the company. New York State Common Retirement Fund raised its holdings in Lionsgate Studios by 2.3% in the fourth quarter. New York State Common Retirement Fund now owns 53,587 shares of the company's stock valued at $489,000 after acquiring an additional 1,200 shares in the last quarter. Cresset Asset Management LLC raised its holdings in Lionsgate Studios by 2.9% in the third quarter. Cresset Asset Management LLC now owns 60,924 shares of the company's stock valued at $420,000 after acquiring an additional 1,743 shares in the last quarter. GAMMA Investing LLC raised its holdings in Lionsgate Studios by 99.3% in the fourth quarter. GAMMA Investing LLC now owns 3,559 shares of the company's stock valued at $32,000 after acquiring an additional 1,773 shares in the last quarter. GABELLI & Co INVESTMENT ADVISERS INC. raised its holdings in Lionsgate Studios by 10.0% during the fourth quarter. GABELLI & Co INVESTMENT ADVISERS INC. now owns 20,925 shares of the company's stock worth $191,000 after purchasing an additional 1,900 shares in the last quarter. Finally, ProShare Advisors LLC raised its holdings in Lionsgate Studios by 6.9% during the fourth quarter. ProShare Advisors LLC now owns 37,454 shares of the company's stock worth $342,000 after purchasing an additional 2,410 shares in the last quarter.

Lionsgate Studios Stock Performance

Shares of LION opened at $10.65 on Friday. The stock has a market capitalization of $3.09 billion, a PE ratio of -12.53 and a beta of -0.48. Lionsgate Studios has a 1 year low of $5.55 and a 1 year high of $11.02. The company's 50-day simple moving average is $9.30 and its 200-day simple moving average is $8.19.

Lionsgate Studios (NYSE:LION - Get Free Report) last issued its quarterly earnings results on Thursday, February 5th. The company reported ($0.07) earnings per share (EPS) for the quarter, missing the consensus estimate 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, sell-side analysts predict that Lionsgate Studios will post 0.08 earnings per share for the current 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.

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