New Lifetime High For Lions Gate Entertainment (LGF)
Trade-Ideas LLC identified
(
) as a new lifetime high candidate. In addition to specific proprietary factors, Trade-Ideas identified Lions Gate Entertainment as such a stock due to the following factors:
- LGF has an average dollar-volume (as measured by average daily share volume multiplied by share price) of $56.0 million.
- LGF has traded 263,242 shares today.
- LGF is trading at a new lifetime high.
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More details on LGF:
Lions Gate Entertainment Corp. engages in motion picture production and distribution, television programming and syndication, home entertainment, family entertainment, digital distribution, channel platforms, and international distribution and sales activities. The stock currently has a dividend yield of 0.9%. LGF has a PE ratio of 51. Currently there are 11 analysts that rate Lions Gate Entertainment a buy, no analysts rate it a sell, and 1 rates it a hold.
The average volume for Lions Gate Entertainment has been 972,500 shares per day over the past 30 days. Lions Gate Entertainment has a market cap of $5.9 billion and is part of the services sector and media industry. The stock has a beta of 0.82 and a short float of 11.3% with 8.17 days to cover. Shares are up 27.1% year-to-date as of the close of trading on Wednesday.
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Analysis:
rates Lions Gate Entertainment as a
. The company's strengths can be seen in multiple areas, such as its good cash flow from operations, expanding profit margins, solid stock price performance and notable return on equity. We feel its strengths outweigh the fact that the company has had sub par growth in net income.
Highlights from the ratings report include:
- Net operating cash flow has increased to -$137.73 million or 29.48% when compared to the same quarter last year. The firm also exceeded the industry average cash flow growth rate of 6.51%.
- LIONS GATE ENTERTAINMENT CP has experienced a steep decline in earnings per share in the most recent quarter in comparison to its performance from the same quarter a year ago. This company has reported somewhat volatile earnings recently. But, we feel it is poised for EPS growth in the coming year. During the past fiscal year, LIONS GATE ENTERTAINMENT CP increased its bottom line by earning $1.24 versus $1.02 in the prior year. This year, the market expects an improvement in earnings ($1.50 versus $1.24).
- LGF, with its decline in revenue, underperformed when compared the industry average of 6.7%. Since the same quarter one year prior, revenues fell by 13.8%. Weakness in the company's revenue seems to have hurt the bottom line, decreasing earnings per share.
- 38.58% is the gross profit margin for LIONS GATE ENTERTAINMENT CP which we consider to be strong. Regardless of LGF's high profit margin, it has managed to decrease from the same period last year. Despite the mixed results of the gross profit margin, LGF's net profit margin of -8.82% significantly underperformed when compared to the industry average.
- Looking at where the stock is today compared to one year ago, we find that it is not only higher, but it has also clearly outperformed the rise in the S&P 500 over the same period, despite the company's weak earnings results. The stock's price rise over the last year has driven it to a level which is somewhat expensive compared to the rest of its industry. We feel, however, that other strengths this company displays justify these higher price levels.
- You can view the full Lions Gate Entertainment Ratings Report.
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