Chicken Soup for The Soul Entrtnmnt Inc (NASDAQ:CSSE) has earned a consensus broker rating score of 1.17 (Strong Buy) from the four analysts that cover the company, Zacks Investment Research reports. One analyst has rated the stock with a buy rating and three have given a strong buy rating to the company.

Analysts have set a 12-month consensus target price of $19.40 for the company and are anticipating that the company will post ($0.24) earnings per share for the current quarter, according to Zacks. Zacks has also assigned Chicken Soup for The Soul Entrtnmnt an industry rank of 101 out of 255 based on the ratings given to its competitors.

CSSE has been the subject of a number of research analyst reports. TheStreet downgraded shares of Chicken Soup for The Soul Entrtnmnt from a “c” rating to a “d+” rating in a report on Monday, November 18th. Northland Securities reiterated a “buy” rating and issued a $13.00 target price on shares of Chicken Soup for The Soul Entrtnmnt in a report on Friday, November 15th. National Securities initiated coverage on shares of Chicken Soup for The Soul Entrtnmnt in a report on Thursday, October 24th. They issued a “buy” rating and a $23.00 target price on the stock. Finally, ValuEngine lowered shares of Chicken Soup for The Soul Entrtnmnt from a “buy” rating to a “hold” rating in a research note on Monday, December 30th.

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Vanguard Group Inc. boosted its holdings in shares of Chicken Soup for The Soul Entrtnmnt by 3.8% in the second quarter. Vanguard Group Inc. now owns 191,014 shares of the company’s stock worth $1,433,000 after buying an additional 7,000 shares during the period. Ladenburg Thalmann Financial Services Inc. boosted its stake in Chicken Soup for The Soul Entrtnmnt by 14,661.1% in the 2nd quarter. Ladenburg Thalmann Financial Services Inc. now owns 15,942 shares of the company’s stock worth $120,000 after purchasing an additional 15,834 shares during the period. Steward Partners Investment Advisory LLC boosted its stake in Chicken Soup for The Soul Entrtnmnt by 17.1% in the 4th quarter. Steward Partners Investment Advisory LLC now owns 14,537 shares of the company’s stock worth $116,000 after purchasing an additional 2,125 shares during the period. Morgan Stanley grew its position in Chicken Soup for The Soul Entrtnmnt by 58.5% during the 2nd quarter. Morgan Stanley now owns 4,014 shares of the company’s stock worth $30,000 after purchasing an additional 1,481 shares in the last quarter. Finally, CWM LLC purchased a new position in Chicken Soup for The Soul Entrtnmnt during the 3rd quarter worth approximately $32,000. 19.02% of the stock is owned by institutional investors and hedge funds.

NASDAQ CSSE traded up $0.26 on Monday, reaching $8.60. 13,902 shares of the stock traded hands, compared to its average volume of 7,092. Chicken Soup for The Soul Entrtnmnt has a 12 month low of $7.01 and a 12 month high of $13.11. The company has a market cap of $36.64 million, a price-to-earnings ratio of -53.75 and a beta of 1.09. The firm’s fifty day simple moving average is $7.96 and its 200 day simple moving average is $8.74.

Chicken Soup for The Soul Entrtnmnt (NASDAQ:CSSE) last posted its quarterly earnings data on Thursday, November 14th. The company reported ($1.11) EPS for the quarter, missing the Zacks’ consensus estimate of ($0.06) by ($1.05). Chicken Soup for The Soul Entrtnmnt had a negative return on equity of 14.70% and a negative net margin of 44.72%. The firm had revenue of $17.05 million during the quarter, compared to the consensus estimate of $23.36 million. Research analysts predict that Chicken Soup for The Soul Entrtnmnt will post -1.54 earnings per share for the current fiscal year.

Chicken Soup for The Soul Entrtnmnt Company Profile

Chicken Soup for the Soul Entertainment, Inc, a media company, produces, distributes, and licenses video content in the United States and internationally. It distributes and exhibits video-on-demand (VOD) content directly to consumers through digital platforms, such as smartphones, tablets, gaming consoles, and the Web through its owned and operated advertiser-supported VOD (AVOD) networks, including Popcornflix and Truli; distributes its and third-party owned content to end users in various digital platforms through its owned and operated subscription-based VOD (SVOD) network Pivotshare; and operates a series of direct-to consumer advertising supported channels.

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