Lions Gate Entertainment Corp (NYSE: LGF.A) has recently experienced extremely important negative changes in fundamentals: significant quarterly sales deceleration occurred, significant quarterly earnings deceleration occurred, the consensus estimate for March, 2024 decreased significantly, and the consensus estimate for March, 2023 decreased significantly.
In light of these highly negative signals we are reviewing our current Overall Rating of C. We would view the shares with caution pending completion of this review in the next several days.
Current PriceTarget Research Rating
LGF.A’s future returns on capital are forecasted to be above the cost of capital. Accordingly, the company is expected to continue to be a major Value Builder.
Lions Gate Entertainment has a current Value Trend Rating of C (Low Neutral). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing very contradictory signals. Lions Gate Entertainment has a poor Appreciation Score of 18 but a good Power Rating of 78, producing the Low Neutral Value Trend Rating.
Recent Price Action
Lions Gate Entertainment Corp (NYSE: LGF.A) stock increased 1.7% on 5/3/24. The shares closed at $10.87. Trading volume in this advance was normal. The stock has been exceptionally strong relative to the market over the last nine months and has risen 4.3% during the last week.
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