The studio's sequel to the 1999 movie "The Blair Witch Project" opened to just $9.65 million this weekend, according to BoxOffice.com. The film was expected to bring in $20.5 million in its opening weekend, MarketWatch notes.
The disappointing opening-weekend performance could pressure fiscal second-quarter estimates, B. Riley Analyst Eric Wold said, according to MarketWatch.
Separately, TheStreet Ratings team rates the stock as a "hold" with a ratings score of C.
Lions Gate's strengths such as its revenue growth and good cash flow from operations are countered by weaknesses including deteriorating net income, generally higher debt management risk and disappointing return on equity.
You can view the full analysis from the report here: LGF
TheStreet Ratings objectively rated this stock according to its "risk-adjusted" total return prospect over a 12-month investment horizon. Not based on the news in any given day, the rating may differ from Jim Cramer's view or that of this article's author.