Brokerages predict that Chicken Soup for The Soul Entrtnmnt Inc (NASDAQ:CSSE) will announce earnings per share of $0.05 for the current quarter, according to Zacks Investment Research. Two analysts have made estimates for Chicken Soup for The Soul Entrtnmnt’s earnings, with the highest EPS estimate coming in at $0.15 and the lowest estimate coming in at ($0.06). Chicken Soup for The Soul Entrtnmnt also posted earnings per share of $0.05 during the same quarter last year. The business is scheduled to report its next earnings results after the market closes on Thursday, November 14th.

According to Zacks, analysts expect that Chicken Soup for The Soul Entrtnmnt will report full-year earnings of $0.05 per share for the current fiscal year, with EPS estimates ranging from ($0.07) to $0.16. For the next year, analysts forecast that the business will report earnings of $0.58 per share, with EPS estimates ranging from $0.30 to $0.85. Zacks’ EPS averages are a mean average based on a survey of research analysts that follow Chicken Soup for The Soul Entrtnmnt.

Chicken Soup for The Soul Entrtnmnt (NASDAQ:CSSE) last released its earnings results on Wednesday, August 14th. The company reported ($0.20) earnings per share for the quarter, missing the Zacks’ consensus estimate of ($0.11) by ($0.09). The company had revenue of $12.21 million during the quarter, compared to analysts’ expectations of $9.96 million. Chicken Soup for The Soul Entrtnmnt had a negative net margin of 20.39% and a negative return on equity of 3.84%.

A number of analysts recently commented on the stock. Maxim Group restated a “buy” rating and set a $22.00 price target on shares of Chicken Soup for The Soul Entrtnmnt in a research note on Tuesday, July 30th. National Securities assumed coverage on shares of Chicken Soup for The Soul Entrtnmnt in a research note on Thursday, October 24th. They set a “buy” rating and a $23.00 price target on the stock. Northland Securities set a $15.00 price target on shares of Chicken Soup for The Soul Entrtnmnt and gave the company a “buy” rating in a research note on Friday, August 30th. Finally, ValuEngine cut shares of Chicken Soup for The Soul Entrtnmnt from a “hold” rating to a “sell” rating in a research note on Friday, October 25th.

CSSE traded up $0.05 during midday trading on Friday, reaching $9.60. The company had a trading volume of 800 shares, compared to its average volume of 26,780. The stock has a market cap of $40.68 million, a PE ratio of -60.00 and a beta of 1.22. The business has a 50-day moving average price of $9.51 and a two-hundred day moving average price of $8.85. Chicken Soup for The Soul Entrtnmnt has a 12-month low of $6.75 and a 12-month high of $13.11.

Hedge funds have recently made changes to their positions in the stock. Morgan Stanley lifted its stake in shares of Chicken Soup for The Soul Entrtnmnt by 58.5% during the 2nd quarter. Morgan Stanley now owns 4,014 shares of the company’s stock valued at $30,000 after buying an additional 1,481 shares in the last quarter. CWM LLC purchased a new stake in shares of Chicken Soup for The Soul Entrtnmnt during the 3rd quarter valued at approximately $32,000. Pinnacle Associates Ltd. purchased a new stake in shares of Chicken Soup for The Soul Entrtnmnt during the 2nd quarter valued at approximately $79,000. Steward Partners Investment Advisory LLC purchased a new stake in shares of Chicken Soup for The Soul Entrtnmnt during the 2nd quarter valued at approximately $86,000. Finally, Falcon Point Capital LLC purchased a new stake in shares of Chicken Soup for The Soul Entrtnmnt during the 2nd quarter valued at approximately $89,000. Institutional investors own 18.98% of the company’s stock.

Chicken Soup for The Soul Entrtnmnt Company Profile

Chicken Soup for the Soul Entertainment, Inc, a media company, produces, distributes, and licenses video content in the United States and internationally. It distributes and exhibits video-on-demand (VOD) content directly to consumers through digital platforms, such as smartphones, tablets, gaming consoles, and the Web through its owned and operated advertiser-supported VOD (AVOD) networks, including Popcornflix and Truli; distributes its and third-party owned content to end users in various digital platforms through its owned and operated subscription-based VOD (SVOD) network Pivotshare; and operates a series of direct-to consumer advertising supported channels.

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