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

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$1.23 +0.04 (+3.36 %)
(As of 02/18/2019 04:00 PM ET)
Previous Close$1.19
Today's Range$1.11 - $1.28
52-Week Range$0.48 - $1.81
Volume124,941 shs
Average Volume93,046 shs
Market Capitalization$43.22 million
P/E Ratio-1.52
Dividend YieldN/A
Beta1.72
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$0.0459 per share
Book Value($0.74) per share

Profitability

Net Income$-18,450,000.00

Miscellaneous

Employees110
Market Cap$43.22 million
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 the morning of 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) released its quarterly earnings data on Wednesday, February, 13th. The business services provider reported ($0.09) earnings per share for the quarter, topping the Thomson Reuters' consensus estimate of ($0.14) by $0.05. The business services provider earned $14.64 million during the quarter, compared to analyst estimates 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 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 coverage about CIDM stock has trended positive this week, InfoTrie reports. InfoTrie ranks the sentiment of media coverage by analyzing more than six thousand news and blog sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Cinedigm earned a coverage optimism score of 2.3 on InfoTrie's scale. They also assigned headlines about the business services provider a news buzz of 6.0 out of 10, indicating that recent media coverage is somewhat likely to have an impact on the stock's share price in the near future.

Who are some of Cinedigm's key competitors?

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 CPA, Chief Financial Officer (Age 61)
  • Mr. Gary S. Loffredo, Pres of Digital Cinema, Gen. Counsel & Sec. (Age 54)
  • Mr. William S. Sondheim, Pres of Worldwide Distribution & Cinedigm Entertainment Group (Age 58)
  • Mr. Ronald L. Chez, Strategic Advisor (Age 79)

Who are Cinedigm's major shareholders?

Cinedigm's stock is owned by a number of of institutional and retail investors. Top institutional shareholders include Zazove Associates LLC (2.22%). View Institutional Ownership Trends for Cinedigm.

Which major investors are selling Cinedigm stock?

CIDM stock was sold by a variety of institutional investors in the last quarter, including Zazove Associates LLC. 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 $1.23.

How big of a company is Cinedigm?

Cinedigm has a market capitalization of $43.22 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 110 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:  2.7 out of 5 (star star)
Outperform Votes:  172 (Vote Outperform)
Underperform Votes:  149 (Vote Underperform)
Total Votes:  321
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 2/18/2019 by MarketBeat.com Staff

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