Lionsgate (NYSE:LGF.A) posted its earnings results on Thursday. The company reported $0.25 earnings per share for the quarter, topping analysts’ consensus estimates of $0.01 by $0.24, Briefing.com reports. Lionsgate had a net margin of 11.47% and a return on equity of 8.23%. The firm had revenue of $1.04 billion for the quarter, compared to the consensus estimate of $1.04 billion. During the same period in the previous year, the firm posted $0.59 EPS. The business’s quarterly revenue was down 17.2% on a year-over-year basis.
Shares of LGF.A opened at $24.46 on Friday. Lionsgate has a fifty-two week low of $21.54 and a fifty-two week high of $36.48. The company has a market capitalization of $4.92 billion, a PE ratio of 21.42, a price-to-earnings-growth ratio of 5.57 and a beta of 1.15. The company has a debt-to-equity ratio of 0.81, a current ratio of 1.02 and a quick ratio of 1.02.
Several equities analysts recently commented on LGF.A shares. Barrington Research reiterated a “buy” rating and set a $40.00 price target on shares of Lionsgate in a report on Tuesday, April 17th. Loop Capital started coverage on shares of Lionsgate in a report on Friday, March 16th. They set a “buy” rating and a $36.00 price target on the stock. Piper Jaffray Companies set a $35.00 price target on shares of Lionsgate and gave the company a “buy” rating in a report on Friday, February 9th. Canaccord Genuity set a $27.00 price target on shares of Lionsgate and gave the company a “buy” rating in a report on Wednesday, May 16th. Finally, Morgan Stanley downgraded shares of Lionsgate from an “overweight” rating to an “equal weight” rating in a report on Tuesday, January 30th. One equities research analyst has rated the stock with a sell rating, six have given a hold rating and twelve have issued a buy rating to the stock. The company presently has an average rating of “Buy” and an average target price of $34.93.
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