15.24 +0.01 (0.07%)
After hours: 4:01PM EST
|Bid||15.20 x 1300|
|Ask||15.21 x 1100|
|Day's Range||15.10 - 15.60|
|52 Week Range||13.63 - 30.35|
|Beta (3Y Monthly)||1.76|
|PE Ratio (TTM)||N/A|
|Forward Dividend & Yield||0.36 (2.29%)|
|1y Target Est||24.41|
Facing flattening iPhone sales and with its shares down more than 25% from their 52-week high, Apple Inc. (AAPL) is facing rising pressure from investors and Wall Street to use its massive $130 billion in cash on hand for a major acquisition, per several analysts cited by Barron’s. Potential targets for the global iPhone maker include A24 Studio, Lions Gate (LGF.A), Viacom (VIAB), CBS (CBS), Sony Pictures, MGM Studios and Netflix (NFLX), analysts say. Wedbush analyst Daniel Ives echoed JPMorgan's sentiment.
The mini-major content studio's holiday quarter couldn't measure up to a muscular year-ago period, but the company is pushing several potential blockbusters for the upcoming summer season.
While mainstream attention tends to focus on the biggest budget films of the year, understated is the profitability of smaller budget films that appear to be a safer investment, coming from production houses such as The Wonderfilm Media Corporation (WDRFF) (WNDR), Comcast Corporation (CMCSA), Lions Gate Entertainment Corp. (LGF-A), Twenty-First Century Fox, Inc. (FOX), and Sony Corporation (SNE). No stranger to both critical and financial successes, independent film producer Kirk Shaw, has had his fair share of accolades.
Meredith's (MDP) earnings and revenues grew year over year in second-quarter fiscal 2019 on solid performance of both the segments.
In an interview with Real Vision, IPO Edge Editor-in-Chief John Jannarone lays out several 2019 catalysts for luxury-theater operator iPic and clears up confusion created by uniformed short sellers. Chief among the positive events on the horizon is formal approval to open a theater in Saudi Arabia, which alone may be worth $8 a share. The […]
News Corp (NWSA) retains positive earnings surprise trend in second-quarter fiscal 2019 on strong Digital Real Estate Services and Book Publishing segments' results, and contribution from Foxtel.
Lions Gate Entertainment Corp NYSE:LGF.BView full report here! Summary * ETFs holding this stock have seen outflows over the last one-month * Bearish sentiment is low Bearish sentimentShort interest | PositiveShort interest is low for LGF.B with fewer than 5% of shares on loan. The last change in the short interest score occurred more than 1 month ago and implies that there has been little change in sentiment among investors who seek to profit from falling equity prices. Money flowETF/Index ownership | NegativeETF activity is negative. Over the last one-month, outflows of investor capital in ETFs holding LGF.B totaled $4.88 billion. Additionally, the rate of outflows appears to be accelerating. Economic sentimentPMI by IHS Markit | NeutralAccording to the latest IHS Markit Purchasing Managers' Index (PMI) data, output in the Consumer Services sector is rising. The rate of growth is weak relative to the trend shown over the past year, however. Credit worthinessCredit default swapCDS data is not available for this security.Please send all inquiries related to the report to firstname.lastname@example.org.Charts and report PDFs will only be available for 30 days after publishing.This document has been produced for information purposes only and is not to be relied upon or as construed as investment advice. To the fullest extent permitted by law, IHS Markit disclaims any responsibility or liability, whether in contract, tort (including, without limitation, negligence), equity or otherwise, for any loss or damage arising from any reliance on or the use of this material in any way. Please view the full legal disclaimer and methodology information on pages 2-3 of the full report.
Lions Gate (LGF.A) delivered earnings and revenue surprises of 2.94% and -7.30%, respectively, for the quarter ended December 2018. Do the numbers hold clues to what lies ahead for the stock?
Revenue is $933.2 Million ; Fully Diluted Earnings Per Share is $0.10 Adjusted Diluted EPS is $0.35 and Adjusted OIBDA is $171.4 Million Starz Reports 25.1 Million Overall Domestic Subscribers in the Quarter, ...
Viacom's (VIAB) first-quarter fiscal 2019 results benefit from better year-over-year box office collections due to hit movies like Bumblebee and Instant Family.
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Lions Gate (LGF.A) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
World Wrestling's (WWE) focus on increasing original content, subscriber growth, rise in TV rights fees and monetization of video content across digital and direct-to-consumer platforms bodes well.
Moody's Investors Service ("Moody's") assigned a B2 rating to Lions Gate Entertainment Corp.'s (Lionsgate) wholly owned US subsidiary, Lions Gate Capital Holdings LLC's (Lionsgate Capital) offering of $400 million senior unsecured notes due 2024. Lions Gate Entertainment Corp.'s (Lionsgate) Ba3 Corporate Family Rating (CFR) and Ba3-PD Probability of Default Rating (PDR), and its senior secured credit facilities Ba2 ratings issued under Lionsgate Capital, remain unchanged.
About two dozen Lionsgate Entertainment Corp. employees received pink slips on Friday, mostly in the motion picture group. The Santa Monica, California-based studio also ended its partnership with Codeblack Films, which makes movies for African-American audiences. The move comes after a tough year for Lionsgate (NYSE: LGF.A, LGF.B).
SANTA MONICA, Calif. and VANCOUVER, British Columbia , Jan. 8, 2019 /PRNewswire/ -- Global content leader Lionsgate (NYSE: LGF.A, LGF.B) today announced it will release its financial results for the third ...
Roku (NASDAQ:ROKU) stock started the year with a promising announcement: The company said that its popular Roku Channel will offer premium subscriptions. Keep in mind that -- until now -- the focus has been on ad-supported streaming, with 10,000-plus movies and TV episodes available. However, Wall Street's initial enthusiasm for this was temporary. Again, the market has seen wrenching volatility, especially with tech operators. But ROKU stock has been able to recover nicely, primarily because of a positive announcement regarding various metrics for Q4. OK then, so what about the new premium subscription service? Well, it will have more than 25 offerings, including CBS's (NYSE:CBS) Showtime, Lions Gate Entertainment's (NYSE:LGF.A) Starz and MGM Holdings Inc.'s Epix (there will be a phased rollout in early 2019). So with Roku, a customer can easily browse the subscriptions and sign-up for a free trial -- that is, the streaming and billing will be centralized, which will make the experience more convenient. InvestorPlace - Stock Market News, Stock Advice & Trading Tips But the premium subscriptions should also help boost revenues (although, there has been no disclosure on what share Roku will get). After all, Roku has a large user base, which is at 27 million. In fact, more than one quarter of smart TVs sold in the U.S. are Roku TVS. * 9 A-Rated Safety Stocks for a Grossly Oversold Market The streaming platform also has high levels of engagement. In the latest quarter, viewing hours were up 68% to 7.3 billion on a year-over-year basis. ### ROKU Stock and The Secular Megatrends When it comes to ROKU stock, it is important to note the tailwinds that should continue to drive growth. Consider the following trends: * According to eMarketer, about 50 million of Americans will abandon cable and satellite TV by 2021, up from estimates of 20 million made in 2018. * eMarketer also forecasts that the number of subscriptions of Over-the-Top services will go from 170.1 million in 2018 to 197.7 million in 2022. For the most part, streaming is disrupting the traditional TV model. Customers want much more flexibility and control over their content -- as well as affordable packages. And yes, this is the sweet spot of ROKU. In light of all this, it should be little surprise that the company continues to grow at a robust pace. During the latest quarter, revenues shot up by 39% to $173 million and platform revenues were up a sizzling 74% to $100.1 million. ### Bottom Line On ROKU Stock ROKU has done a remarkable job fighting some of the world's largest tech companies like Amazon.com (NASDAQ:AMZN) and Apple (NASDAQ:AAPL). Keep in mind that the company continues to dominate the media player market, with a 37% share. But this business is really a way to build distribution for its streaming business, which is where the growth is. For example, about two thirds of the Ad Age 200 have advertised on the Roku platform. According to the company's recent shareholder letter: "Advertising effectiveness and measurement tools are consistently showing the superiority of OTT video ads on Roku compared to linear TV advertising." Now as for ROKU stock, it is certainly much cheaper now. Since late September, the shares have lost a grueling 60%-plus, before today's 22% pop. This puts the price-to-sales ratio at much more reasonable 6.9X. As for Wall Street analysts, they remain bullish, with the consensus price target at roughly $60. Granted, this may be a little too optimistic. But given the strong fundamentals for ROKU and the strategic importance of streaming, it does seem like a good bet that investors could see market-beating returns in the next couple years. Tom Taulli is the author of High-Profit IPO Strategies, All About Commodities and All About Short Selling. Follow him on Twitter at @ttaulli. As of this writing, he did not hold a position in any of the aforementioned securities. ### More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 10 Top Stock Picks From the Street's Best Analysts * 7 Tech Stocks Without China Exposure * 5 Strong-Buy Stocks That Crushed 2018 Compare Brokers The post Roku Premium Subscriptions: Yet Another Reason to Be Bullish appeared first on InvestorPlace.