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Lions Gate Entertainment Corporation
LGF.NISIN: CA5359192039SEDOL: 2753506 |
Rating: HOLD |
Target Price: 6.18 USD |
Investment Horizon: 6 to 24 months |
4Q 09 News Alert
Lions Gate Entertainment Corporation's (Lions Gate) 4Q 09 and FY 2009 total revenues and operating performance were in line with our expectations. However net performance was significantly below our as well as market expectations. Y-o-y revenue growth was partially driven by healthy performance from the Theatrical and Television business divisions within the Motion Pictures segment....
Company News Alert
Lions Gate Entertainment Corp. (Lions Gate) announced the sale of a 49% stake in TV Guide Channel and TVGuide.com to raise cash in order to to bolster its financial health. Given our current price levels and we maintain our BUY rating for the common stock. As we now anticipate a significant negative currency impact on the European stock in the medium to long term and expect to revert to a 6-24 month2 horizon to value the company, we downgrade the European stock to a HOLD....
3Q 09 Update Report
On account of a decline in consumer spending on entertainment due to the global economic slowdown we continue to expect poor performance from the Home Entertainment segment (Motion picture’s sub segment) and the Theatrical segment for the rest of FY 2009 and 1H 10. Moreover, Pride Picture’s pull back from a multi-film financing agreement with Lions Gate has negatively hit the latter’s performance....
Company News Alert
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Lions Gate Entertainment Corporation’s (Lions Gate) NYSE common stock has witnessed a significant decline since our previous update report. The majority of this decline was witnessed in yesterday’s trading, reflecting mute 3Q 09 results with a record loss of US$93.4 mn and weak FY 2009 Management guidance. Post release of 3Q 09 results the company in their…
3Q 09 News Alert
CLICK VIEW REPORT TO READ FREE REPORT
Lions Gate Entertainment Corporation’s (Lions Gate) 3Q 09 results were below our and market expectations, due to mute performance from the Motion Pictures segment. Y-o-y growth was driven by healthy performance from the Television segment. Operating and net level performances…
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