After finishing at $0.17 in the prior trading day, Chicken Soup for the Soul Entertainment Inc (NASDAQ: CSSE) closed at $0.15, down -12.80%. In other words, the price has decreased by -$0.0224 from its previous closing price. On the day, 746646 shares were traded. CSSE stock price reached its highest trading level at $0.1750 during the session, while it also had its lowest trading level at $0.1401.
Ratios:
Our goal is to gain a better understanding of CSSE by taking a closer look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 0.51 and its Current Ratio is at 0.51.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, Guggenheim on October 01, 2021, initiated with a Buy rating and assigned the stock a target price of $37.
On July 21, 2021, Needham started tracking the stock assigning a Buy rating and target price of $45.
On May 25, 2021, B. Riley Securities started tracking the stock assigning a Buy rating and target price of $62.B. Riley Securities initiated its Buy rating on May 25, 2021, with a $62 target price.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Jun 02 ’23 when DeNicola Cosmo bought 26,990 shares for $15.33 per share. The transaction valued at 413,757 led to the insider holds 26,990 shares of the business.
NEWMARK L AMY bought 16,000 shares of CSSE for $223,680 on May 22 ’23. The Director now owns 16,000 shares after completing the transaction at $13.98 per share. On Apr 03 ’23, another insider, ROUHANA WILLIAM J JR, who serves as the Chief Executive Officer of the company, bought 1,860,015 shares for $2.30 each. As a result, the insider paid 4,278,034 and bolstered with 2,153,123 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, CSSE now has a Market Capitalization of 5.64M and an Enterprise Value of 551.76M. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.01. Its current Enterprise Value per Revenue stands at 1.50 whereas that against EBITDA is -1.36.
Stock Price History:
Over the past 52 weeks, CSSE has reached a high of $3.63, while it has fallen to a 52-week low of $0.15. The 50-Day Moving Average of the stock is 0.1934, while the 200-Day Moving Average is calculated to be 0.5272.
Shares Statistics:
The stock has traded on average 246.04K shares per day over the past 3-months and 269.39k shares per day over the last 10 days, according to various share statistics. A total of 32.22M shares are outstanding, with a floating share count of 18.42M. Insiders hold about 42.83% of the company’s shares, while institutions hold 4.72% stake in the company. Shares short for CSSE as of Feb 29, 2024 were 733.74k with a Short Ratio of 2.98, compared to 742.63k on Jan 31, 2024. Therefore, it implies a Short% of Shares Outstanding of 2.28% and a Short% of Float of 4.85%.
Earnings Estimates
Its stock is currently analyzed by 3 different market analysts. On average, analysts expect EPS of -$0.81 for the current quarter, with a high estimate of -$0.56 and a low estimate of -$1.11, while EPS last year was -$2.7. The consensus estimate for the next quarter is -$0.71, with high estimates of -$0.71 and low estimates of -$0.71.
Analysts are recommending an EPS of between -$6.21 and -$6.21 for the fiscal current year, implying an average EPS of -$6.21. EPS for the following year is -$4.72, with 1 analysts recommending between -$4.72 and -$4.72.
Revenue Estimates
1 analysts predict $136M in revenue for the current quarter. It ranges from a high estimate of $136M to a low estimate of $136M. As of the current estimate, Chicken Soup for the Soul Entertainment Inc’s year-ago sales were $113.58M, an estimated increase of 19.70% from the year-ago figure. For the next quarter, 1 analysts are estimating revenue of $121.02M, an increase of 9.40% less than the figure of $19.70% in the same quarter last year. There is a high estimate of $121.02M for the next quarter, whereas the lowest estimate is $121.02M.
A total of 1 analysts have provided revenue estimates for CSSE’s current fiscal year. The highest revenue estimate was $434.1M, while the lowest revenue estimate was $434.1M, resulting in an average revenue estimate of $434.1M. In the same quarter a year ago, actual revenue was $252.81M, up 71.70% from the average estimate. Based on 1 analysts’ estimates, the company’s revenue will be $475M in the next fiscal year. The high estimate is $475M and the low estimate is $475M. The average revenue growth estimate for next year is up 9.40% from the average revenue estimate for this year.
