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

Key Points

• Analyst consensus "Hold" — Nine analysts cover STRZ (1 sell, 6 hold, 2 buy) and the average 1‑year target price is $21.40.
• Major insider sale — Liberty 77 Capital L.P. sold 1,803,786 shares at an average $13.86 on March 6 for about $25.0M; insiders still own 22.62% of the company.
• Stock snapshot — STRZ opened at $19.37, has a market cap of $324M and a negative PE (-3.19), with a 12‑month range of $8.00–$22.98 and 50/200‑day SMAs of $14.09/$11.93.

Shares of Starz Entertainment Corp. (NASDAQ:STRZ - Get Free Report) have received a consensus recommendation of "Hold" from the nine research firms that are covering the stock, MarketBeat.com reports. One investment analyst has rated the stock with a sell rating, six have assigned a hold rating and two have given a buy rating to the company. The average 1-year target price among analysts that have updated their coverage on the stock in the last year is $21.40.

Several brokerages recently issued reports on STRZ. Morgan Stanley set a $20.00 price objective on Starz Entertainment in a report on Thursday. Weiss Ratings reiterated a "sell (d-)" rating on shares of Starz Entertainment in a report on Friday.

Insider Activity

In related news, major shareholder Liberty 77 Capital L.P. sold 1,803,786 shares of the stock in a transaction on Friday, March 6th. The stock was sold at an average price of $13.86, for a total transaction of $25,000,473.96. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Corporate insiders own 22.62% of the company's stock.

Institutional Trading of Starz Entertainment

Several hedge funds and other institutional investors have recently modified their holdings of STRZ. Geode Capital Management LLC purchased a new stake in shares of Starz Entertainment during the second quarter worth $5,076,000. Russell Investments Group Ltd. raised its holdings in Starz Entertainment by 632.9% during the fourth quarter. Russell Investments Group Ltd. now owns 210,771 shares of the company's stock valued at $2,466,000 after buying an additional 182,012 shares in the last quarter. Ancora Advisors LLC raised its holdings in Starz Entertainment by 547.1% during the third quarter. Ancora Advisors LLC now owns 175,325 shares of the company's stock valued at $2,583,000 after buying an additional 148,230 shares in the last quarter. Marshall Wace LLP bought a new position in Starz Entertainment during the second quarter valued at about $2,212,000. Finally, Alpine Global Management LLC bought a new position in Starz Entertainment during the third quarter valued at about $1,948,000.

Starz Entertainment Stock Performance

Shares of Starz Entertainment stock opened at $19.37 on Tuesday. The company has a quick ratio of 0.19, a current ratio of 0.19 and a debt-to-equity ratio of 0.92. Starz Entertainment has a 12 month low of $8.00 and a 12 month high of $22.98. The business has a fifty day simple moving average of $14.09 and a 200-day simple moving average of $11.93. The stock has a market cap of $324.06 million and a PE ratio of -3.19.

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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