Lions Gate Entertainment Corp. (NYSE:LGF) – Research analysts at Barrington Research cut their FY2017 earnings per share estimates for Lions Gate Entertainment Corp. in a research report issued to clients and investors on Monday. Barrington Research analyst J. Goss now expects that the firm will earn $0.25 per share for the year, down from their prior forecast of $0.30.

Earnings History and Estimates for Lions Gate Entertainment Corp. (NYSE:LGF)

Other research analysts have also recently issued research reports about the company. B. Riley set a $30.00 price target on Lions Gate Entertainment Corp. and gave the stock a “buy” rating in a research note on Monday, August 1st. FBR & Co boosted their price target on Lions Gate Entertainment Corp. from $25.00 to $32.00 and gave the stock an “outperform” rating in a research note on Tuesday, August 2nd. Wunderlich decreased their price target on Lions Gate Entertainment Corp. from $32.00 to $28.00 and set a “buy” rating for the company in a research note on Wednesday, August 3rd. Zacks Investment Research upgraded Lions Gate Entertainment Corp. from a “sell” rating to a “hold” rating in a research note on Thursday, August 4th. Finally, RBC Capital Markets reiterated a “hold” rating and set a $24.00 price objective (up previously from $23.00) on shares of Lions Gate Entertainment Corp. in a research report on Friday, August 5th. Four equities research analysts have rated the stock with a hold rating and nineteen have given a buy rating to the stock. Lions Gate Entertainment Corp. has an average rating of “Buy” and a consensus price target of $28.11.

Lions Gate Entertainment Corp. (NYSE:LGF) opened at 23.66 on Tuesday. The firm has a market cap of $3.51 billion, a P/E ratio of 101.55 and a beta of 1.19. The company has a 50-day moving average price of $21.07 and a 200-day moving average price of $20.81. Lions Gate Entertainment Corp. has a 1-year low of $16.21 and a 1-year high of $35.65.

A number of hedge funds and other institutional investors have recently made changes to their positions in the company. Legal & General Group Plc boosted its stake in shares of Lions Gate Entertainment Corp. by 3.9% in the second quarter. Legal & General Group Plc now owns 7,830 shares of the company’s stock valued at $159,000 after buying an additional 292 shares during the period. Whittier Trust Co. boosted its stake in shares of Lions Gate Entertainment Corp. by 1.2% in the second quarter. Whittier Trust Co. now owns 36,072 shares of the company’s stock valued at $729,000 after buying an additional 431 shares during the period. First Mercantile Trust Co. boosted its stake in shares of Lions Gate Entertainment Corp. by 5.1% in the third quarter. First Mercantile Trust Co. now owns 10,061 shares of the company’s stock valued at $201,000 after buying an additional 488 shares during the period. Concert Wealth Management Inc. boosted its stake in shares of Lions Gate Entertainment Corp. by 4.9% in the second quarter. Concert Wealth Management Inc. now owns 10,699 shares of the company’s stock valued at $216,000 after buying an additional 496 shares during the period. Finally, Zurcher Kantonalbank Zurich Cantonalbank boosted its stake in shares of Lions Gate Entertainment Corp. by 13.6% in the third quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 6,894 shares of the company’s stock valued at $138,000 after buying an additional 824 shares during the period.

In other Lions Gate Entertainment Corp. news, Director Gordon Crawford purchased 40,000 shares of Lions Gate Entertainment Corp. stock in a transaction dated Thursday, November 10th. The shares were purchased at an average cost of $23.04 per share, for a total transaction of $921,600.00. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Arthur Evrensel purchased 2,600 shares of Lions Gate Entertainment Corp. stock in a transaction dated Monday, October 17th. The stock was acquired at an average price of $18.60 per share, for a total transaction of $48,360.00. The disclosure for this purchase can be found here. 30.40% of the stock is owned by corporate insiders.

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About Lions Gate Entertainment Corp.

Lions Gate Entertainment Corp. is engaged in motion picture production and distribution, television programming and syndication, home entertainment, international distribution and sales, branded channel platforms, interactive ventures and games and location-based entertainment. The Company operates through two segments: Motion Pictures and Television Production.

5 Day Chart for NYSE:LGF

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