Starz Entertainment: A Mixed Bag of Investor Opinions

Starz Entertainment has been a hot topic among analysts lately. Robert W. Baird, a well-known financial firm, recently started following the company's stock. They gave it a "neutral" rating and set a price target of $13. 00. This suggests that they believe the stock could go up by about 3. 17% from its previous closing price. But not everyone agrees with this assessment. Seaport Res Ptn, for example, thinks the stock is a "strong buy. " Wall Street Zen upgraded their rating from "sell" to "hold. " Benchmark, on the other hand, initiated coverage with a "buy" rating and a much higher price target of $39. 00. Morgan Stanley lowered their price target from $15. 00 to $14. 00 and gave an "equal weight" rating. TD Cowen also upgraded their rating to "hold. " Overall, the consensus among analysts is a "Moderate Buy" with a target price of $22. 00. Starz Entertainment's stock has been on a bit of a rollercoaster ride. It opened at $12. 60 on a recent Friday. Over the past year, the stock has ranged from a low of $8. 00 to a high of $22. 98. The company's 50-day moving average is $14. 72, which gives a sense of its recent performance. The company's latest earnings report wasn't great. They reported a loss of $2. 54 per share, which was worse than analysts expected. Their revenue was also lower than expected, coming in at $319. 70 million compared to the estimated $328. 70 million. Despite the mixed financial results, some insiders are showing confidence in the company. Director Harry Sloan recently bought 8, 100 shares at $12. 98 per share, increasing his stake by 23. 71%. Over the last 90 days, insiders have acquired a total of 15, 796 shares worth $201, 896. Company insiders own a significant portion of the company, with 53. 60% of the stock. Institutional investors have also been active. Several hedge funds and investment groups have recently bought new positions in Starz Entertainment. These include Russell Investments Group Ltd. , CWM LLC, Legal & General Group Plc, New York State Common Retirement Fund, and Police & Firemen's Retirement System of New Jersey. Starz Entertainment is a premium cable and streaming network. It's known for popular shows like "Outlander" and "Power. " As of December 31, 2024, the company had about 20 million subscribers in the U. S. and Canada.