Starz Entertainment Corp. (NASDAQ:STRZ) Given Average Recommendation of "Hold" by Analysts

Key Points

• Analysts have assigned Starz Entertainment a consensus recommendation of Hold from nine analysts (1 sell, 6 hold, 2 buy) with an average 1‑year price target of $19.80.
• Major shareholder Liberty 77 Capital L.P. sold 1,803,786 shares at an average $13.86 on March 6 for about $25.0M, and insiders collectively own 53.60% of the stock.
• STRZ trades near $14.28 with a 52‑week range of $8.00–$22.98, a market cap of about $238.9M, a negative P/E (-2.35), and weak liquidity (quick and current ratios of 0.19).

Starz Entertainment Corp. (NASDAQ:STRZ - Get Free Report) has been assigned a consensus recommendation of "Hold" from the nine analysts that are presently covering the company, Marketbeat reports. One equities research analyst has rated the stock with a sell rating, six have issued a hold rating and two have issued a buy rating on the company. The average 1-year target price among brokerages that have covered the stock in the last year is $19.80.

Several equities research analysts have weighed in on STRZ shares. Morgan Stanley decreased their price target on shares of Starz Entertainment from $13.00 to $12.00 and set an "equal weight" rating for the company in a research note on Monday, March 2nd. Wall Street Zen downgraded shares of Starz Entertainment from a "hold" rating to a "sell" rating in a research report on Sunday, December 21st. Finally, Weiss Ratings reaffirmed a "sell (e)" rating on shares of Starz Entertainment in a research report on Monday, December 29th.

Insiders Place Their Bets

In other Starz Entertainment news, major shareholder Liberty 77 Capital L.P. sold 1,803,786 shares of the business's stock in a transaction dated Friday, March 6th. The shares were sold at an average price of $13.86, for a total value of $25,000,473.96. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. 53.60% of the stock is currently owned by insiders.

Institutional Trading of Starz Entertainment

A number of institutional investors have recently modified their holdings of the business. Russell Investments Group Ltd. purchased a new stake in shares of Starz Entertainment during the 2nd quarter valued at approximately $28,000. Advisory Services Network LLC purchased a new stake in Starz Entertainment in the 3rd quarter worth approximately $36,000. BNP Paribas Financial Markets lifted its stake in Starz Entertainment by 101.8% in the 3rd quarter. BNP Paribas Financial Markets now owns 2,525 shares of the company's stock worth $37,000 after purchasing an additional 1,274 shares in the last quarter. Legal & General Group Plc bought a new position in shares of Starz Entertainment in the 2nd quarter worth $41,000. Finally, New York State Common Retirement Fund bought a new position in shares of Starz Entertainment in the 2nd quarter worth $48,000.

Starz Entertainment Price Performance

Starz Entertainment stock opened at $14.28 on Friday. Starz Entertainment has a 52-week low of $8.00 and a 52-week high of $22.98. The company has a debt-to-equity ratio of 0.92, a quick ratio of 0.19 and a current ratio of 0.19. The stock has a market capitalization of $238.90 million and a price-to-earnings ratio of -2.35. The stock's 50 day moving average price is $11.48 and its two-hundred day moving average price is $11.54.

Starz Entertainment Company Profile

Starz Entertainment NASDAQ: STRZ is a global media and entertainment company that operates premium subscription video services across linear television and digital streaming platforms. The company's core offering includes the STARZ and STARZ ENCORE linear networks in the United States, alongside its STARZPLAY streaming service, which is available in North America, parts of Europe, Latin America and select Asian markets. Through its multi-platform distribution strategy, Starz delivers a combination of original programming, feature films and licensed series to a broad subscriber base.

At the heart of Starz Entertainment's business is its investment in original content production.

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