Starz Entertainment Corp. (NASDAQ:STRZ) Receives Consensus Rating of "Moderate Buy" from Analysts

Key Points

• Starz Entertainment Corp. (NASDAQ:STRZ) has received a consensus rating of "Moderate Buy" from five brokerages, with an average twelve-month target price of $25.00.
• Recent insider activity includes significant purchases by directors, with one director increasing their stake by 299.90% and another acquiring over 8,100 shares at a price of $12.98 per share.
• Starz Entertainment reported a loss of $2.54 EPS for the last quarter, missing analysts' expectations, with revenue also falling short at $319.70 million.

Shares of Starz Entertainment Corp. (NASDAQ:STRZ - Get Free Report) have been given a consensus recommendation of "Moderate Buy" by the five research firms that are currently covering the company, MarketBeat Ratings reports. Two equities research analysts have rated the stock with a hold recommendation, two have assigned a buy recommendation and one has issued a strong buy recommendation on the company. The average 12 month target price among brokerages that have issued a report on the stock in the last year is $25.00.

Several brokerages have recently issued reports on STRZ. Raymond James Financial restated an "outperform" rating and set a $22.00 price target (up previously from $19.00) on shares of Starz Entertainment in a research note on Friday, May 30th. Wall Street Zen upgraded shares of Starz Entertainment from a "sell" rating to a "hold" rating in a research note on Saturday, August 16th. Seaport Res Ptn upgraded shares of Starz Entertainment to a "strong-buy" rating in a research note on Sunday, May 18th. TD Cowen upgraded shares of Starz Entertainment to a "hold" rating in a research note on Tuesday, May 13th. Finally, Benchmark began coverage on shares of Starz Entertainment in a research note on Wednesday, July 9th. They set a "buy" rating and a $39.00 price target for the company.

Insider Activity

In related news, Director Harry Sloan purchased 8,100 shares of the firm's stock in a transaction dated Thursday, August 21st. The stock was bought at an average price of $12.98 per share, for a total transaction of $105,138.00. Following the purchase, the director directly owned 42,260 shares in the company, valued at approximately $548,534.80. This trade represents a 23.71% increase in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. In the last ninety days, insiders have purchased 15,796 shares of company stock worth $201,896.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently bought and sold shares of the business. Russell Investments Group Ltd. bought a new position in Starz Entertainment in the 2nd quarter valued at $28,000. CWM LLC bought a new position in Starz Entertainment in the 2nd quarter valued at $33,000. Legal & General Group Plc bought a new position in Starz Entertainment in the 2nd quarter valued at $41,000. New York State Common Retirement Fund bought a new position in Starz Entertainment in the 2nd quarter valued at $48,000. Finally, Police & Firemen s Retirement System of New Jersey bought a new position in Starz Entertainment in the 2nd quarter valued at $49,000.

Starz Entertainment Stock Performance

NASDAQ:STRZ traded up $0.03 on Thursday, hitting $12.80. The stock had a trading volume of 75,019 shares, compared to its average volume of 171,576. Starz Entertainment has a 1 year low of $8.00 and a 1 year high of $22.98. The firm's fifty day simple moving average is $14.93.

Starz Entertainment (NASDAQ:STRZ - Get Free Report) last posted its quarterly earnings data on Thursday, August 14th. The company reported ($2.54) EPS for the quarter, missing the consensus estimate of ($1.39) by ($1.15). The business had revenue of $319.70 million for the quarter, compared to analysts' expectations of $328.70 million.

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."