Yahoo Finance Here's Why Lions Gate Entertainment (LGF.A) is a Strong Growth Stock
For new and old investors, taking full advantage of the stock market and investing with confidence are common goals.
Achieving those goals is made easier with the Zacks Style Scores, a unique set of guidelines that rates stocks based on popular investing methodologies, namely value, growth, and momentum. The Style Scores can help you narrow down which stocks are better for your portfolio and which ones can beat the market over the long-term.
Why This 1 Growth Stock Should Be On Your Watchlist
Different than value or momentum investors, growth-oriented investors are concerned with a stock's future prospects, and the overall financial health and strength of a company. Thus, they'll want to focus on the Growth Style Score, which analyzes characteristics like projected and historical earnings, sales, and cash flow to find stocks that will see sustainable growth over time.
Lions Gate Entertainment (LGF.A)
Lionsgate has evolved as a leading global content provider based on its massive film and television library that has nearly 18,000 titles. The company produces and distributes motion pictures for theatrical as well as straight-to-video release, and television programming. It also has interest in video game business, particularly in esports.
LGF.A is a Zacks Rank #3 (Hold) stock, with a Growth Style Score of A and VGM Score of A. Earnings are expected to grow 1125% year-over-year for the current fiscal year, with sales growth of 1.8%.
Three analysts revised their earnings estimate upwards in the last 60 days for fiscal 2024. The Zacks Consensus Estimate has increased $0 to $0.49 per share. LGF.A boasts an average earnings surprise of 1070.8%.
On a historic basis, Lions Gate Entertainment has generated cash flow growth of 9.5%, and is expected to report cash flow expansion of 80.9% this year.
With solid fundamentals, a good Zacks Rank, and top-tier Growth and VGM Style Scores, LGF.A should be on investors' short lists.
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Lions Gate Entertainment Corp. (LGF.A) : Free Stock Analysis Report
