NASDAQ:CIDM

Cinedigm - CIDM Stock Forecast, Price & News

$0.39

-0.02 (-4.82%)

(As of 09/30/2022 12:00 AM ET)

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Today's Range: $0.39
▼
$0.43
50-Day Range: $0.39
▼
$0.77
52-Week Range: $0.39
▼
$2.95

Volume: 1.60 million shs
Average Volume: 851,929 shs
Market Capitalization: $69.98 million

P/E Ratio: N/A
Dividend Yield: N/A
Price Target: N/A

Cinedigm MarketRank™ Forecast

Analyst Rating: N/A
Upside/Downside: N/A
Short Interest: Healthy
2.93% of Float Sold Short
Dividend Strength: N/A
Sustainability: N/A
News Sentiment: 0.17
Based on 8 Articles This Week
Insider Trading: Selling Shares
$44,446 Sold Last Quarter
Proj. Earnings Growth: N/A

Overall MarketRank^™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

1.24 out of 5 stars

Business Services Sector

331st out of 338 stocks

Video Tape Rental Industry

3rd out of 3 stocks

N/A

Analyst's Opinion

Consensus Rating
There is not enough analysis data for Cinedigm.

4.0

Short Interest

Percentage of Shares Shorted
2.93% of the float of Cinedigm has been sold short.
Short Interest Ratio / Days to Cover
Cinedigm has a short interest ratio ("days to cover") of 3.5, which is generally considered an acceptable ratio of short interest to trading volume.
Change versus previous month
Short interest in Cinedigm has recently decreased by 4.07%, indicating that investor sentiment is improving.

0.0

Dividend Strength

Dividend Yield
Cinedigm does not currently pay a dividend.
Dividend Growth
Cinedigm does not have a long track record of dividend growth.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for CIDM.

1.8

News and Social Media Coverage

News Sentiment
Cinedigm has a news sentiment score of 0.17. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.50 average news sentiment score of Business Services companies.
News Coverage This Week
MarketBeat has tracked 8 news articles for Cinedigm this week, compared to 4 articles on an average week.
Search Interest
Only 7 people have searched for CIDM on MarketBeat in the last 30 days. This is a decrease of -63% compared to the previous 30 days.
MarketBeat Follows
Only 5 people have added Cinedigm to their MarketBeat watchlist in the last 30 days. This is a decrease of -38% compared to the previous 30 days.

1.7

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Cinedigm insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $44,446.00 in company stock.
Percentage Held by Insiders
15.80% of the stock of Cinedigm is held by insiders. A high percentage of insider ownership can be a sign of company health.
Percentage Held by Institutions
Only 9.44% of the stock of Cinedigm is held by institutions.

0.0

Earnings and Valuation

Price to Earnings Ratio vs. the Market
The P/E ratio of Cinedigm is -7.90, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Earnings Ratio vs. Sector
The P/E ratio of Cinedigm is -7.90, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Book Value per Share Ratio
Cinedigm has a P/B Ratio of 1.88. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

About Cinedigm (NASDAQ:CIDM) Stock

Cinedigm Corp., together with its subsidiaries, operates as distributor and aggregator of independent movie, television, and other short form content in the United States. The company operates through two segments, Cinema Equipment Business and Content and Entertainment Business. The company distributes its products for various brands, such as Hallmark, Televisa, ITV, Nelvana, ZDF, Konami, NFL, and NHL, 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 Apple, Amazon Prime, Netflix, Hulu, Xbox, Tubi, PlutoTV, Vudu, and cable/satellite video-on-demand; and distributes DVD and Blu-ray discs to wholesalers and retailers with sales coverage to approximately 48,000 retail storefronts, including Walmart, Target, Best Buy, and Amazon. In addition, the company operates various branded and curated over-the-top (OTT) entertainment channels and applications, including Docurama, CONtv, Dove Channel, Viewster Anime, Fandor, and Screambox; and Matchpoint, a software-as-a-service platform to automate the distribution of streaming content and OTT channels. Further, it provides monitoring, billing, collection, and verification support services to music and movie screens as well as directly to exhibitors and other third-party customers. The company was formerly known as Cinedigm Digital Cinema Corp. and changed its name to Cinedigm Corp. in September 2013. Cinedigm Corp. was incorporated in 2000 and is headquartered in New York, New York.

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CIDM Stock News Headlines

September 30, 2022 | americanbankingnews.com

Cinedigm (NASDAQ:CIDM) Now Covered by StockNews.com

September 28, 2022 | proactiveinvestors.com

NA Proactive news snapshot: Trust Stamp, Clean Air Metals, Fabled Copper, Tiziana Life Sciences, SPYR, United Lithium, Cinedigm, Falcon Gold UPDATE... - Proactive Investors USA

September 28, 2022 | msn.com

Cinedigm Takes North American Rights to Found Footage Horror ‘The Outwaters’ (EXCLUSIVE)

September 28, 2022 | proactiveinvestors.com

Cinedigm's Realmadrid TV brings iconic soccer club to business streaming platform Atmosphere

September 28, 2022 | finance.yahoo.com

Cinedigm Launches Realmadrid TV on Atmosphere

September 21, 2022 | finance.yahoo.com

Cinedigm to Hold Annual Stockholder Meeting on November 10, 2022

September 20, 2022 | proactiveinvestors.com

Cinedigm aims to become the Spotify of independent content with Cineverse launch - Proactive Investors USA

September 16, 2022 | proactiveinvestors.com

Cinedigm teams up with Katch to integrate genomic data into flagship Cineverse streaming service - Proactive Investors USA

September 15, 2022 | proactiveinvestors.com

NA Proactive news snapshot: LeanLife Health, Appia Rare Earths & Uranium, Falcon Gold, Nextleaf Solutions, Cinedigm, Avicanna, Sigma Lithium, ReVolve Renewable Power, Plurilock Security, Group Eleven Resources, EverGen Infrastructure UPDATE - Proactive Investors USA

September 15, 2022 | proactiveinvestors.com

Cinedigm debuts free streaming service Cineverse, plans to add more than 10000 films and TV episodes by year end - Proactive Investors USA

September 15, 2022 | proactiveinvestors.com

NA Proactive news snapshot: Nextleaf Solutions, Cinedigm, Avicanna, Sigma Lithium, ReVolve Renewable Power, Plurilock Security, Group Eleven Resources, EverGen Infrastructure UPDATE... - Proactive Investors USA

September 15, 2022 | globenewswire.com

Proactive news headlines including Kanye West, Cinedigm, Hapbee Technologies, PyroGenesis, Tiziana Life Sciences and ION Energy - GlobeNewswire

September 15, 2022 | finance.yahoo.com

Cinedigm Debuts Cineverse, a Next-Generation Streaming Service

September 14, 2022 | proactiveinvestors.com

Cinedigm has built an independent streaming service packed with content and ready to change the game - Proactive Investors USA

September 8, 2022 | proactiveinvestors.com

NA Proactive news snapshot: Belmont Resources, Gold Basin Resources, New Age Metals, Cinedigm, NV Gold, Zynerba Pharmaceuticals, Global Energy Metals...UPDATE - Proactive Investors USA

September 8, 2022 | msn.com

Cinedigm Using Katch To Help Streamers Navigate Cineverse

September 8, 2022 | proactiveinvestors.com

Cinedigm partners with Katch to enhance content discovery for its new Cineverse streaming service

September 8, 2022 | finance.yahoo.com

Cinedigm Partners with Katch to Provide Groundbreaking and Innovative Approach to Content Curation for New Cineverse Streaming Service

September 6, 2022 | benzinga.com

(ANGH), BAOSHENG MEDIA OS (BAOS), (BHAT), (BMBL), Cinedigm Digital Cinema (CIDM), CREATD INC. CMN STK (CR - Benzinga

August 31, 2022 | finance.yahoo.com

Cinedigm Announces Launch Date for Cineverse - the New Home for Its Growing Portfolio of Streaming Brands

August 30, 2022 | finance.yahoo.com

Cinedigm Launches Retrocrush on Philo; Marks Cinedigm's First Channel Launch With the Innovative Virtual MVPD

August 25, 2022 | finance.yahoo.com

Five of Cinedigm's Top-Performing FAST Channels Added to the FuboTV Lineup

August 22, 2022 | finance.yahoo.com

Cinedigm Launches Midnight Pulp Fast Channel on Amazon Freevee

August 19, 2022 | finance.yahoo.com

Head to the Catacombs in 'Deep Fear', Acquired by Cinedigm's SCREAMBOX Out of Fantastic Fest

August 18, 2022 | seekingalpha.com

Cinedigm stock slides despite revenue beat: Q2 Earnings Results (NASDAQ:CIDM) - Seeking Alpha

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30 days | 90 days | 365 days | Advanced Chart

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CIDM Company Calendar

Last Earnings: 8/15/2022
Today: 10/01/2022
Next Earnings (Estimated): 11/21/2022
Fiscal Year End: 3/31/2023

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Industry, Sector and Symbol

Stock Exchange: NASDAQ
Industry: Video tape rental
Sub-Industry: N/A
Sector: Business Services
Current Symbol: NASDAQ:CIDM
CUSIP: N/A
CIK: 1173204
Web: www.cinedigm.com
Phone: (212) 206-8600
Fax: 212-598-4898
Employees: 68
Year Founded: N/A

Profitability

EPS (Most Recent Fiscal Year): ($0.05)
Trailing P/E Ratio: N/A
Forward P/E Ratio: N/A
P/E Growth: N/A
Net Income: $2.21 million
Net Margins: -17.46%
Pretax Margin: -17.64%
Return on Equity: -24.33%
Return on Assets: -8.35%

Debt

Debt-to-Equity Ratio: N/A
Current Ratio: 0.85
Quick Ratio: 0.85

Sales & Book Value

Annual Sales: $56.05 million
Price / Sales: 1.25
Cash Flow: $0.04 per share
Price / Cash Flow: 9.38
Book Value: $0.21 per share
Price / Book: 1.88

Miscellaneous

Outstanding Shares: 177,250,000
Free Float: 149,245,000
Market Cap: $69.98 million
Optionable: Not Optionable
Beta: 1.74

Social Links

Key Executives

Mr. Christopher J. McGurk (Age 65)
Chairman & CEO
Comp: $1.33M

Mr. Gary S. Loffredo (Age 57)
COO, Pres, Gen. Counsel & Sec.
Comp: $815.81k

Mr. Erick Opeka (Age 48)
Chief Strategy Officer & Pres of Cinedigm Networks
Comp: $660.33k

Mr. John K. Canning (Age 56)
Chief Financial Officer

Mr. George De La Cruz
Exec. VP of Accounting

Mr. Tony Huidor (Age 53)
Chief Technology & Product Officer

Mr. Mark Torres
Sr. VP of HR & Admin.

Ms. Kim Staruk
Sr. VP of Marketing

Jason Shin
VP of M&A and Corp. Devel.

Ms. Yolanda Macias (Age 56)
Chief Content Officer of Cinedigm Entertainment Group

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

CIDM Stock - Frequently Asked Questions

How have CIDM shares performed in 2022?: Cinedigm's stock was trading at $1.16 at the beginning of 2022. Since then, CIDM stock has decreased by 66.0% and is now trading at $0.3948.
View the best growth stocks for 2022 here.
When is Cinedigm's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Monday, November 21st 2022.
View our CIDM earnings forecast.
How were Cinedigm's earnings last quarter?: Cinedigm Corp. (NASDAQ:CIDM) announced its quarterly earnings results on Monday, August, 15th. The business services provider reported ($0.03) EPS for the quarter. The business services provider had revenue of $13.59 million for the quarter. Cinedigm had a negative net margin of 17.46% and a negative trailing twelve-month return on equity of 24.33%.
When did Cinedigm's stock split?: Cinedigm shares reverse split before market open 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 closing bell on Monday, May 9th 2016. An investor that had 100 shares of stock prior to the reverse split would have 10 shares after the split.
What is Chris McGurk's approval rating as Cinedigm's CEO?: 21 employees have rated Cinedigm Chief Executive Officer Chris McGurk on Glassdoor.com. Chris McGurk has an approval rating of 58% among the company's employees. This puts Chris McGurk in the bottom 25% of approval ratings compared to other CEOs of publicly-traded companies. 41.0% of employees surveyed would recommend working at Cinedigm to a friend.

What other stocks do shareholders of Cinedigm own?: Based on aggregate information from My MarketBeat watchlists, some companies that other Cinedigm investors own include Genius Brands International (GNUS), Acasti Pharma (ACST), Workhorse Group (WKHS), NIO (NIO), Novavax (NVAX), Abraxas Petroleum (AXAS), Evofem Biosciences (EVFM), Remark (MARK), Sorrento Therapeutics (SRNE) and Tesla (TSLA).
What is Cinedigm's stock symbol?: Cinedigm trades on the NASDAQ under the ticker symbol "CIDM."
How do I buy shares of Cinedigm?: Shares of CIDM stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.
What is Cinedigm's stock price today?: One share of CIDM stock can currently be purchased for approximately $0.39.
How much money does Cinedigm make?: Cinedigm (NASDAQ:CIDM) has a market capitalization of $69.98 million and generates $56.05 million in revenue each year. The business services provider earns $2.21 million in net income (profit) each year or ($0.05) on an earnings per share basis.
Does Cinedigm have any subsidiaries?: The following companies are subsidiares of Cinedigm: ADM Cinema Corporation d/b/a the Pavilion Theatre, Access Digital Cinema Phase 2 B/AIX Corp., Access Digital Cinema Phase 2 Corp., Access Digital Media Inc., C&F Merger Sub Inc., CDF2 Holdings LLC, Christie/AIX Inc., Cinedigm DC Holdings LLC, Cinedigm Digital Cinema Australia Pty Ltd, Cinedigm Digital Funding 1 LLC, Cinedigm Digital Funding 2 LLC, Cinedigm Entertainment Corp., Cinedigm Entertainment Holdings LLC, Cinedigm Home Entertainment LLC, Cinedigm India Private Limited, Cinedigm OTT Holdings LLC, Cinedigm Productions LLC, Comic Blitz II LLC, Con TV LLC, Docurama LLC, Dove Family Channel LLC, Fandor, Fandor Acquisition LLC, FoundationTV, FoundationTV Inc., Matchpoint Digital LLC, Scream BOX, Screambox Acquisition LLC, TFD Acquisition LLC, Viewster LLC, Vistachiara Entertainment Inc., and Vistachiara Productions Inc..
Read More
How can I contact Cinedigm?: Cinedigm's mailing address is 237 WEST 35TH STREET SUITE 605, NEW YORK NY, 10001. The official website for the company is www.cinedigm.com. The business services provider can be reached via phone at (212) 206-8600, via email at jcalcaterra@cinedigm.com, or via fax at 212-598-4898.

This page (NASDAQ:CIDM) was last updated on 10/1/2022 by MarketBeat.com Staff

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Cinedigm - CIDM Stock Forecast, Price & News

Cinedigm MarketRank™ Forecast

Overall MarketRank™

Analyst's Opinion

Short Interest

Percentage of Shares Shorted

Short Interest Ratio / Days to Cover

Change versus previous month

Dividend Strength

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score

News and Social Media Coverage

News Sentiment

News Coverage This Week

Search Interest

MarketBeat Follows

Company Ownership

Earnings and Valuation

About Cinedigm (NASDAQ:CIDM) Stock

CIDM Stock News Headlines

CIDM Company Calendar

Industry, Sector and Symbol

Profitability

Debt

Sales & Book Value

Miscellaneous

Social Links

Key Executives

Key Competitors

Insiders & Institutions

CIDM Stock - Frequently Asked Questions

MarketBeat Resources

Premium Research Tools

Market Data and Calendars

Investing Education and Resources

Overall MarketRank^™