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NASDAQ:CIDM

Cinedigm Stock Forecast, Price & News

$0.52
0.00 (0.00 %)
(As of 12/2/2020 12:00 AM ET)
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Today's Range
$0.50
Now: $0.52
$0.52
50-Day Range
$0.46
MA: $0.55
$0.66
52-Week Range
$0.25
Now: $0.52
$6.00
Volume2.59 million shs
Average Volume3.94 million shs
Market Capitalization$67.51 million
P/E RatioN/A
Dividend YieldN/A
Beta1.87
Cinedigm Corp., together with its subsidiaries, operates as distributor and aggregator of independent movie, television, and other short form content in the United States, Canada, and New Zealand. The company operates through two segments, Cinema Equipment Business and Content and Entertainment Business. 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, ITV, Nelvana, 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 Apple, Amazon Prime, Netflix, Hulu, Xbox, PlayStation, Sony, and cable/satellite 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 (OTT) entertainment channels, including Docurama, CONtv, and Dove Channel; and Matchpoint, a software-as-a-service platform to automate the distribution of streaming content and OTT channels. Cinedigm Corp. has a strategic alliance with Starrise Media Holdings Limited to release films in China theatrically and to digital platforms. 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 headquartered in New York, New York.
Cinedigm logo

Beat the Market (BTM) Rank

Analyst Opinion: 3.3Community Rank: 2.3Dividend Strength: 0.0Insider Behavior: 0.8Valuation: 0.0 5 -4 -3 -2 -1 -

Overall Beat the Market Rank

1.28 out of 5 stars


Industry, Sector and Symbol

Industry Video tape rental
Sub-IndustryN/A
Current SymbolNASDAQ:CIDM
CUSIPN/A
Phone212-206-8600
Employees70

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$39.29 million
Book Value($0.05) per share

Profitability

Net Income$-14,730,000.00
Net Margins-163.36%

Miscellaneous

Market Cap$67.51 million
Next Earnings Date2/16/2021 (Estimated)
OptionableNot Optionable
$0.52
0.00 (0.00 %)
(As of 12/2/2020 12:00 AM ET)
30 days | 90 days | 365 days | Advanced Chart

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Cinedigm (NASDAQ:CIDM) Frequently Asked Questions

How has Cinedigm's stock price been impacted by COVID-19 (Coronavirus)?

Cinedigm's stock was trading at $0.3848 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization (WHO). Since then, CIDM shares have increased by 35.1% and is now trading at $0.52.
View which stocks have been most impacted by COVID-19
.

Do Wall Street analysts recommend investors buy shares of Cinedigm?

2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Cinedigm in the last year. There are currently 1 hold rating and 1 buy rating for the stock, resulting in a consensus recommendation of "Buy."
View analyst ratings for Cinedigm
or view MarketBeat's top 5 stock picks.

What stocks does MarketBeat like better than Cinedigm?

Wall Street analysts have given Cinedigm a "Buy" rating, but there may be better short-term opportunities in the market. Some of MarketBeat's winning trading ideas this year have resulted in 5-15% weekly gains. MarketBeat just released five new trading ideas, but Cinedigm wasn't one of them. MarketBeat thinks these five stocks may be even better buys.
View MarketBeat's top stock picks here.

When is Cinedigm's next earnings date?

Cinedigm is scheduled to release its next quarterly earnings announcement on Tuesday, February 16th 2021.
View our earnings forecast for Cinedigm
.

How were Cinedigm's earnings last quarter?

Cinedigm Corp. (NASDAQ:CIDM) released its quarterly earnings data on Sunday, November, 15th. The business services provider reported ($0.23) earnings per share (EPS) for the quarter, missing the Thomson Reuters' consensus estimate of ($0.06) by $0.17. The business services provider earned $7.18 million during the quarter.
View Cinedigm's earnings history
.

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

Cinedigm's stock 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.

What price target have analysts set for CIDM?

2 analysts have issued twelve-month price targets for Cinedigm's shares. Their forecasts range from $2.00 to $3.50. On average, they expect Cinedigm's stock price to reach $2.75 in the next year. This suggests a possible upside of 428.8% from the stock's current price.
View analysts' price targets for Cinedigm
.

Who are some of Cinedigm's key competitors?

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).

Who are Cinedigm's key executives?

Cinedigm's management team includes the following people:
  • Mr. Christopher J. McGurk, Chairman & CEO (Age 63, Pay $631.72k)
  • Mr. Erick Opeka, Pres of Digital Networks (Age 46, Pay $340.61k)
  • Mr. Gary S. Loffredo, COO, Pres of Digital Cinema, Gen. Counsel & Sec. (Age 55, Pay $469.54k)
  • Ms. Jill Newhouse Calcaterra, Exec. VP of Corp. Marketing & Communications
  • Mr. Mark Torres, VP of HR
  • Ms. Yolanda Macias, Exec. VP of Content Acquisitions & Studio Relations
  • Mr. Daniel Coyle, Sr. VP of Sales
  • Ms. Melody Fowler, VP of Acquisitions
  • Mr. Tony Huidor, SVP of Products & Technology and Gen. Mang. of Digital Networks
  • Mr. Chris Panagiotakos, VP & Corp. Controller

What is Cinedigm's stock symbol?

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

Who are Cinedigm's major shareholders?

Cinedigm's stock is owned by many different institutional and retail investors. Top institutional investors include BlackRock Inc. (0.63%) and Colony Group LLC (0.12%). Company insiders that own Cinedigm stock include Bison Entertainment Investment and Peixin Xu.
View institutional ownership trends for Cinedigm
.

Which institutional investors are selling Cinedigm stock?

CIDM stock was sold by a variety of institutional investors in the last quarter, including BlackRock Inc..
View insider buying and selling activity for Cinedigm
.

Which institutional investors are buying Cinedigm stock?

CIDM stock was bought by a variety of institutional investors in the last quarter, including Colony Group LLC.
View insider buying and selling activity 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, Robinhood, Fidelity, and Charles Schwab.

What is Cinedigm's stock price today?

One share of CIDM stock can currently be purchased for approximately $0.52.

How big of a company is Cinedigm?

Cinedigm has a market capitalization of $67.51 million and generates $39.29 million in revenue each year. Cinedigm employs 70 workers across the globe.

What is Cinedigm's official website?

The official website for Cinedigm is www.cinedigm.com.

How can I contact Cinedigm?

Cinedigm's mailing address is 237 WEST 35TH STREET SUITE 605, NEW YORK NY, 10001. The business services provider can be reached via phone at 212-206-8600 or via email at [email protected]

This page was last updated on 12/3/2020 by MarketBeat.com Staff

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