Technical Reports on Entertainment Equities -- Viacom, CBS Corp., IMAX Corp., and Lions Gate Entertainment
Aug 17, 2017, 06:20 ET
NEW YORK, August 17, 2017 /PRNewswire/ --
If you want a Stock Review on VIAB, CBS, IMAX, or LGF-A then come over to http://dailystocktracker.com/register/ and sign up for your free customized report today. Today, DailyStockTracker.com monitors the recent performances of Viacom Inc. (NASDAQ: VIAB), CBS Corp. (NYSE: CBS), IMAX Corp. (NYSE: IMAX), and Lions Gate Entertainment Corp. (NYSE: LGF-A). Diversified Entertainment companies develop, market, and operate theme parks, media networks, and other entertainment services. They are generally structured as corporations and offer dividend yields that are in-line with the wider market. Learn more about these stocks by downloading their comprehensive and free reports from DailyStockTracker.com member's area at:
On Wednesday, shares in New York headquartered Viacom Inc. saw a slight decline of 0.86%, ending the day at $29.82. The stock recorded a trading volume of 4.28 million shares. The Company's shares are trading below their 50-day moving average by 12.64%. Moreover, shares of Viacom, which operates as media brand worldwide, have a Relative Strength Index (RSI) of 32.53.
On August 03rd, 2017, Viacom reported financial results for Q3 FY17 ended June 30th, 2017. Revenues for the quarter were $3.36 billion, operating income was $746 million, and adjusted operating income was $805 million. Net earnings from continuing operations were $680 million for Q3 FY17; adjusted net earnings from continuing operations were $471 million; diluted earnings per share (EPS) were $1.69; and adjusted diluted EPS was $1.17.
On August 04th, 2017, research firm UBS reiterated its 'Buy' rating on the Company's stock with a decrease of the target price from $50 a share to $45 a share. VIAB complete research report is just a click away at:
Shares in New York headquartered CBS Corp. ended the day 0.27% lower at $66.52 with a total trading volume of 1.81 million shares. In the last month and the previous three months, the stock has gained 3.61% and 10.17%, respectively. Additionally, the Company's shares have advanced 4.56% on an YTD basis. The stock is trading above its 50-day and 200-day moving averages by 3.91% and 4.00%, respectively. Furthermore, shares of CBS Corp., which operates as a mass media company worldwide, have an RSI of 57.46.
On August 07th, 2017, CBS Corp. has announced that it is expanding the availability of CBS All Access internationally through a partnership of its CBS Interactive and CBS Studios International divisions. CBS All Access, the Company's digital subscription video on-demand and live streaming service, will launch initially in Canada in the first half of 2018 with other markets to follow.
On August 08th, 2017, research firm The Benchmark Company reiterated its 'Buy' rating on the Company's stock with an increase of the target price from $76 a share to $81 a share. The complimentary report on CBS can be downloaded at:
At the close of trading on Wednesday, shares in Mississauga, Canada headquartered IMAX Corp. finished 0.81% lower at $18.40 with a total trading volume of 620,886 shares. The stock is trading below its 50-day moving average by 16.82%. Shares of the Company, which together with its subsidiaries, operates as an entertainment technology company specializing in motion picture technologies and presentations worldwide, have an RSI of 27.48.
On August 07th, 2017, IMAX announced the appointment of Denny Tu to the newly created role of Executive Vice President, Global Brand & Creative. Reporting to CMO JL Pomeroy, Tu will lead the Company's brand and creative efforts and will be responsible for the IMAX® brand across all channels, ensuring audiences embrace the power of The IMAX Experience®. Sign up for your complimentary research report on IMAX at:
Lions Gate Entertainment
Santa Monica, California headquartered Lions Gate Entertainment Corp.'s shares recorded a trading volume of 896,918 shares at the end of yesterday's session, which was above their three months average volume of 541,950 shares. The stock closed the day 5.08% higher at $28.57. The Company's shares have advanced 15.71% in the previous three months and 6.21% on an YTD basis. The stock is trading above its 50-day and 200-day moving averages by 1.86% and 7.91%, respectively. Additionally, shares of the Company, which engages in motion picture production and distribution, television programming and syndication, home entertainment, branded channel platforms, interactive ventures and games, and location-based entertainment in Canada, the US, and internationally, have an RSI of 52.21.
On August 09th, 2017, Lions Gate Entertainment announced the launch of the educational initiative, THE WONDER CERTIFIED KIND CLASSROOM. The program is inspired by R.J. Palacio's worldwide bestselling children's novel and the Company's upcoming film Wonder, starring Academy Award® winner Julia Roberts, Jacob Tremblay, and Owen Wilson, slated for release on November 17th, 2017. Wonder tells the heartwarming story of Auggie Pullman, a boy born with facial differences that cannot blend in because he was born to stand out. Get free access to your research report on LGF-A at:
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