Starz Entertainment Corp. (NASDAQ:STRZ) Receives $22.00 Consensus Price Target from Brokerages

Starz Entertainment Corp. (NASDAQ:STRZ) has earned a consensus rating of “Hold” from the ten analysts that are presently covering the company, Marketbeat reports. One equities research analyst has rated the stock with a sell recommendation, six have assigned a hold recommendation, two have issued a buy recommendation and one has issued a strong buy recommendation on the company. The average 1-year target price among brokerages that have issued a report on the stock in the last year is $22.00.

Several equities research analysts have recently commented on the stock. Zacks Research raised shares of Starz Entertainment to a “hold” rating in a research report on Wednesday, September 17th. Deutsche Bank Aktiengesellschaft reiterated a “hold” rating on shares of Starz Entertainment in a research note on Friday, September 5th. Morgan Stanley lowered their price objective on Starz Entertainment from $15.00 to $14.00 and set an “equal weight” rating for the company in a research note on Friday, August 15th. Weiss Ratings restated a “sell (e)” rating on shares of Starz Entertainment in a report on Tuesday. Finally, Robert W. Baird started coverage on Starz Entertainment in a research report on Friday, September 5th. They set a “neutral” rating and a $13.00 target price on the stock.

Starz Entertainment Stock Down 0.6%

NASDAQ STRZ opened at $10.79 on Tuesday. Starz Entertainment has a 52 week low of $8.00 and a 52 week high of $22.98. The firm’s 50 day moving average price is $12.50.

Starz Entertainment (NASDAQ:STRZ) last posted its quarterly earnings results on Thursday, February 3rd. The company reported $0.21 earnings per share (EPS) for the quarter. The business had revenue of $836.40 million during the quarter.

Insiders Place Their Bets

In other news, Director Harry Sloan acquired 8,100 shares of the business’s stock in a transaction on Thursday, August 21st. The shares were purchased at an average cost of $12.98 per share, with a total value of $105,138.00. Following the acquisition, the director directly owned 42,260 shares of the company’s stock, valued at $548,534.80. The trade was a 23.71% increase in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. In the last quarter, insiders acquired 15,796 shares of company stock worth $201,896. 53.60% of the stock is currently owned by company insiders.

Institutional Investors Weigh In On Starz Entertainment

Several large investors have recently made changes to their positions in STRZ. Huber Capital Management LLC raised its stake in shares of Starz Entertainment by 40.5% during the 3rd quarter. Huber Capital Management LLC now owns 136,963 shares of the company’s stock worth $2,017,000 after purchasing an additional 39,492 shares during the period. BNP Paribas Financial Markets grew its position in Starz Entertainment by 101.8% during the third quarter. BNP Paribas Financial Markets now owns 2,525 shares of the company’s stock valued at $37,000 after buying an additional 1,274 shares during the period. Russell Investments Group Ltd. increased its holdings in Starz Entertainment by 1,564.3% during the third quarter. Russell Investments Group Ltd. now owns 28,759 shares of the company’s stock worth $424,000 after buying an additional 27,031 shares during the last quarter. Gabelli Funds LLC increased its holdings in Starz Entertainment by 14.3% during the third quarter. Gabelli Funds LLC now owns 78,500 shares of the company’s stock worth $1,156,000 after buying an additional 9,800 shares during the last quarter. Finally, Gamco Investors INC. ET AL raised its position in Starz Entertainment by 72.8% in the third quarter. Gamco Investors INC. ET AL now owns 61,316 shares of the company’s stock worth $903,000 after acquiring an additional 25,840 shares during the period.

Starz Entertainment Company Profile

Starz is a premium cable and streaming network owned by Starz Entertainment, which was formerly a part of Lionsgate. Starz had about 20 million subscribers in the U.S. and Canada as of Dec. 31, 2024. The company’s franchises include “Outlander” and “Power.”