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Author:

Jester Debunker

Subject:

Off Topic

Date:

08/06/15 at 8:52 AM CDT

 

 

READ: 6

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Sentiment:

Neutral

Reply to:

MSG`#2850,`08/05/15
By Jam ok

 

Re: OT - LGF

Re LGF, I posted a short while ago I sold my last somewhere around $38, which had been previous highs. What is the reasoning for analysts FY17 bullishness? Looking at Yahoo Finance, they're looking for $1.53 and $2.58BN in FY16, then $2.00 and $2.77BN in FY17. That seems like a good amount of revenue growth and a lot of earnings growth, in the year *after* the final Hunger Games movies blows out the box office. Perhaps I'm wrong in thinking HG is a big factor in their earnings and revenue? I know there's talk of other HG stuff, maybe a prequel, and there will be solid home video sales and box set sales of HG for years to come, but it seems that cow's main milking is finishing this holiday season. So where's the 26.5% eps growth the year after it coming from? And if those estimates come down, a) that's rarely good for a stock when analysts start revising lower, b) it'll be well over 20x, closer to 24x P/E, which isn't cheap. It deserves a high multiple though, in part because of real buyout chance. I'm just hoping to get back in at low $30's.

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