Why is LGF back down to $14? With only 126.5 mill shs o/s diluted... the Hunger Games and Twilight franchises through Summitt... pipeline of theatrical releases... Epix movie channel... extensive movie library... so w/ revs of about $323.0 mill last qtr... and a $billion blockbuster out now with Hunger Games... I have to believe earnings & stock price start going up from here. Or am i missing something?
yes, you are missing something. The stock price has already doubled to reflect all the good news. The stock is selling at 14 times book value. it has a billion dollars in debt. Also, earnings been inconsistent. it will need more consistent earnings before it gets a higher pe. It needs to prove itself. One quarter doesn't make a company