NASDAQ:CIDM - Cinedigm Stock Price, News, & Analysis

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$1.96 -0.04 (-2.00 %)
(As of 04/25/2019 04:41 AM ET)
Previous Close$2.00
Today's Range$1.95 - $2.05
52-Week Range$0.48 - $2.06
Volume84,200 shs
Average Volume119,501 shs
Market Capitalization$69.93 million
P/E RatioN/A
Dividend YieldN/A
Beta1.86
Cinedigm Corp., together with its subsidiaries, operates as distributor and aggregator of independent movie, television, and other short form content primarily in the United States. The company operates through four segments: The First Digital Cinema Deployment, The Second Digital Cinema Deployment, Digital Cinema Services, and Media Content and Entertainment Group. It manages a library of distribution rights to various titles and episodes released across digital, physical, and home and mobile entertainment platforms, as well as services digital cinema assets on approximately 12,000 domestic and foreign movie screens. The company distributes its products for various brands, such as Hallmark, Televisa, ZDF, Shout! Factory, NFL, NHL, and Scholastic, as well as international and domestic content creators, movie producers, television producers, and other short form digital content producers. It also collaborates with producers, various brands, and other content owners to market, source, curate, and distribute content to targeted audiences through existing and emerging digital home entertainment platforms, including iTunes, Amazon Prime, Netflix, Hulu, Xbox, PlayStation, and cable video-on-demand; and distributes DVD and Blu-ray discs to wholesalers and retailers with sales coverage to approximately 60,000 brick and mortar storefronts, including Walmart, Target, Best Buy, and Amazon. In addition, the company operates various branded and curated over-the-top entertainment channels, including Docurama, CONtv, and Dove Channel. Cinedigm Corp. has a strategic alliance with Starrise Media Holdings Limited to release films in China theatrically and to digital platforms, as well as to evaluate opportunities to jointly produce Chinese/American film co-productions. The company was formerly known as Cinedigm Digital Cinema Corp. and changed its name to Cinedigm Corp. in September 2013. Cinedigm Corp. was founded in 2000 and is based in New York, New York.

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Industry, Sector and Symbol

Industry Video tape rental
Sub-IndustryN/A
SectorBusiness Services
Current SymbolNASDAQ:CIDM
CUSIPN/A
Phone212-206-8600

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$67.68 million
Cash Flow$0.0439 per share
Book Value($0.74) per share

Profitability

Net Income$-18,450,000.00

Miscellaneous

Employees104
Market Cap$69.93 million
Next Earnings Date6/24/2019 (Estimated)
OptionableNot Optionable

Cinedigm (NASDAQ:CIDM) Frequently Asked Questions

What is Cinedigm's stock symbol?

Cinedigm trades on the NASDAQ under the ticker symbol "CIDM."

When did Cinedigm's stock split? How did Cinedigm's stock split work?

Cinedigm shares reverse split on Tuesday, May 10th 2016. The 1-10 reverse split was announced on Monday, May 9th 2016. The number of shares owned by shareholders was adjusted after the market closes on Monday, May 9th 2016. An investor that had 100 shares of Cinedigm stock prior to the reverse split would have 10 shares after the split.

How were Cinedigm's earnings last quarter?

Cinedigm Corp (NASDAQ:CIDM) announced its earnings results on Wednesday, February, 13th. The business services provider reported ($0.09) earnings per share for the quarter, topping the Zacks' consensus estimate of ($0.14) by $0.05. The business services provider had revenue of $14.64 million for the quarter, compared to the consensus estimate of $12.87 million. View Cinedigm's Earnings History.

When is Cinedigm's next earnings date?

Cinedigm is scheduled to release their next quarterly earnings announcement on Monday, June 24th 2019. View Earnings Estimates for Cinedigm.

What price target have analysts set for CIDM?

2 brokerages have issued 12 month price objectives for Cinedigm's shares. Their forecasts range from $3.00 to $3.00. On average, they anticipate Cinedigm's share price to reach $3.00 in the next year. This suggests a possible upside of 53.1% from the stock's current price. View Analyst Price Targets for Cinedigm.

What is the consensus analysts' recommendation for Cinedigm?

2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Cinedigm in the last year. There are currently 2 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Cinedigm.

Has Cinedigm been receiving favorable news coverage?

News stories about CIDM stock have been trending somewhat negative this week, InfoTrie reports. InfoTrie identifies positive and negative media coverage by analyzing more than six thousand blog and news sources in real-time. The firm ranks coverage of companies on a scale of negative five to five, with scores nearest to five being the most favorable. Cinedigm earned a coverage optimism score of -1.0 on InfoTrie's scale. They also assigned headlines about the business services provider a news buzz of 1.0 out of 10, indicating that recent media coverage is extremely unlikely to have an impact on the company's share price in the next several days.

Who are some of Cinedigm's key competitors?

What other stocks do shareholders of Cinedigm own?

Who are Cinedigm's key executives?

Cinedigm's management team includes the folowing people:
  • Mr. Christopher J. McGurk, Chairman & CEO (Age 62)
  • Mr. Jeffrey S. Edell C.P.A., Chief Financial Officer (Age 61)
  • Mr. Gary S. Loffredo, COO, Pres of Digital Cinema, Gen. Counsel & Sec. (Age 54)
  • Mr. Ronald L. Chez, Strategic Advisor (Age 79)
  • Mellonie Suen, Exec. Director of Accounting & Royalties

Who are Cinedigm's major shareholders?

Cinedigm's stock is owned by many different of institutional and retail investors. Top institutional investors include Bailard Inc. (0.13%). View Institutional Ownership Trends for Cinedigm.

Which institutional investors are buying Cinedigm stock?

CIDM stock was bought by a variety of institutional investors in the last quarter, including Bailard Inc.. View Insider Buying and Selling for Cinedigm.

How do I buy shares of Cinedigm?

Shares of CIDM can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is Cinedigm's stock price today?

One share of CIDM stock can currently be purchased for approximately $1.96.

How big of a company is Cinedigm?

Cinedigm has a market capitalization of $69.93 million and generates $67.68 million in revenue each year. The business services provider earns $-18,450,000.00 in net income (profit) each year or ($0.81) on an earnings per share basis. Cinedigm employs 104 workers across the globe.

What is Cinedigm's official website?

The official website for Cinedigm is http://www.cinedigm.com.

How can I contact Cinedigm?

Cinedigm's mailing address is 45 WEST 36TH STREET 7TH FLOOR, NEW YORK NY, 10018. The business services provider can be reached via phone at 212-206-8600 or via email at [email protected]


MarketBeat Community Rating for Cinedigm (NASDAQ CIDM)

Community Ranking:  2.6 out of 5 (star star)
Outperform Votes:  177 (Vote Outperform)
Underperform Votes:  161 (Vote Underperform)
Total Votes:  338
MarketBeat's community ratings are surveys of what our community members think about Cinedigm and other stocks. Vote "Outperform" if you believe CIDM will outperform the S&P 500 over the long term. Vote "Underperform" if you believe CIDM will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 4/25/2019 by MarketBeat.com Staff

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