Cinedigm Corp. CIDM
May 22, 2023, 3:59 PM EDT
52-week range unavailable
- Market cap
- 55.05M
- Revenue (ttm)
- 72.33M
- Profit margin
- -12.53%
- Shares out
- 186.92M
- Forward P/E
- 5.89
- Volume
- 1.09M
- Open
- 0.295
- Previous close
- 0.2945
- Day's range
- 0.2876 – 0.2994
- Beta
- 2.06
- Analysts
- Buy
- Price target
- 3.63 (+1132.6%)
- Earnings date
- Jun 26, 2023
2Y -2.0055 (-87.20%)
Key statistics
- Enterprise value
- 51.10M
- PEG ratio
- -1.45
- Price / sales
- 0.76
- Price / book
- 1.49
- Dividend yield
- 0.00%
- Payout ratio
- 0.00%
- Revenue growth
- 98.00%
- Free cash flow
- -3.81M
- Total cash
- 8.80M
- Total debt
- 4.87M
- Return on equity
- -22.74%
- Short % of float
- 2.65%
- 50-day average
- 0.36619
- 200-day average
- 0.462132
Analyst view
Consensus: buy
- Target (low)
- 2.25
- Target (mean)
- 3.63
- Target (high)
- 5.00
- Strong buy0
- Buy1
- Hold0
- Sell0
- Strong sell0
Next earnings
Jun 26, 2023
Expected Jun 26, 2023. Consensus EPS estimate 0.02.
Earnings
| Report date | Quarter ending | EPS estimate | EPS reported | Surprise | Surprise % |
|---|---|---|---|---|---|
| Jun 26, 2023 | Mar 1, 2023 | 0.00 | — | — | — |
| Feb 14, 2023 | Dec 1, 2022 | 0.00 | — | — | — |
| Nov 14, 2022 | Sep 1, 2022 | 0.00 | — | — | — |
| Aug 15, 2022 | Jun 1, 2022 | 0.00 | — | — | — |
| Jun 27, 2022 | Mar 1, 2022 | 0.00 | — | — | — |
| Feb 14, 2022 | Dec 1, 2021 | 0.00 | — | — | — |
Upgrades / downgrades
| Date | Firm | Action | From | To |
|---|---|---|---|---|
| Feb 15, 2023 | Benchmark | reit | — | Speculative Buy |
| Oct 16, 2020 | Alliance Global Partners | init | — | Buy |
| Jul 7, 2020 | Benchmark | init | — | Speculative Buy |
| Nov 15, 2019 | Canaccord Genuity | main | — | Buy |
| Apr 10, 2019 | Canaccord Genuity | main | Buy | Buy |
| Nov 21, 2018 | Canaccord Genuity | init | — | Buy |
About Cinedigm Corp.
Cinedigm Corp., together with its subsidiaries, operates as distributor and aggregator of independent movie, television, and other short form content in the United States. The company operates through two segments, Cinema Equipment Business and Content and Entertainment Business. The company distributes its products for various brands, such as Hallmark, Televisa, ITV, Nelvana, ZDF, Konami, NFL, and NHL, as well as international and domestic content creators, movie producers, television producers, and other short form digital content producers. It also collaborates with producers, various brands, and other content owners to market, source, curate, and distribute content to targeted audiences through existing and emerging digital home entertainment platforms, including Apple, Amazon Prime, Netflix, Hulu, Xbox, Tubi, PlutoTV, Vudu, and cable/satellite video-on-demand; and distributes DVD and Blu-ray discs to wholesalers and retailers with sales coverage to approximately 48,000 retail storefronts, including Walmart, Target, Best Buy, and Amazon. In addition, the company operates various branded and curated over-the-top (OTT) entertainment channels and applications, including Docurama, CONtv, Dove Channel, Viewster Anime, Fandor, and Screambox; and Matchpoint, a software-as-a-service platform to automate the distribution of streaming content and OTT channels. Further, it provides monitoring, billing, collection, and verification support services to music and movie screens as well as directly to exhibitors and other third-party customers. The company was formerly known as Cinedigm Digital Cinema Corp. and changed its name to Cinedigm Corp. in September 2013. Cinedigm Corp. was incorporated in 2000 and is headquartered in New York, New York.
- Sector
- Communication Services
- Industry
- Entertainment
- Country
- United States
- Website
- cinedigm.com
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Your note
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Insider holders
| Insider | Relation | Latest transaction | Date | Shares held |
|---|---|---|---|---|
| AMRITRAJ ASHOK | Director | Stock Award(Grant) | Nov 2, 2021 | 169,645 |
| BISON ENTERTAINMENT INVESTMENT, LTD. | Beneficial Owner of more than 10% of a Class of Security | Sale | Mar 22, 2021 | 0 |
| BISON GLOBAL INVESTMENT SPC | Beneficial Owner of more than 10% of a Class of Security | Sale | Mar 22, 2021 | 0 |
| BROWN PETER C | Director | Stock Award(Grant) | Nov 29, 2022 | 554,936 |
| CANNING JOHN KARL | Chief Financial Officer | Sale | Aug 21, 2022 | 0 |
| LOFFREDO GARY S | President | Stock Award(Grant) | Aug 17, 2022 | 421,033 |
Institution ownership
| Holder | % held | Shares | Value | Reported |
|---|---|---|---|---|
| Vanguard Group, Inc. (The) | 3.73% | 6,972,329 | 2.05M | Mar 30, 2023 |
| Blackrock Inc. | 1.08% | 2,021,556 | 595.35K | Mar 30, 2023 |
| Geode Capital Management, LLC | 0.78% | 1,463,035 | 430.86K | Mar 30, 2023 |
| Millennium Management Llc | 0.29% | 544,210 | 160.27K | Mar 30, 2023 |
| State Street Corporation | 0.26% | 485,901 | 143.10K | Mar 30, 2023 |
| Northern Trust Corporation | 0.14% | 262,307 | 77.25K | Mar 30, 2023 |
Fund ownership
| Holder | % held | Shares | Value | Reported |
|---|---|---|---|---|
| Vanguard Total Stock Market Index Fund | 2.68% | 4,807,808 | 1.42M | Dec 30, 2022 |
| Vanguard Extended Market Index Fund | 1.05% | 1,885,033 | 555.14K | Dec 30, 2022 |
| Fidelity Extended Market Index Fund | 0.47% | 839,774 | 247.31K | Feb 27, 2023 |
| Bridgeway Funds Inc-Ultra Small Company Market Fund | 0.22% | 400,000 | 117.80K | Dec 30, 2022 |
| Fidelity Series Total Market Index Fund | 0.10% | 174,436 | 51.37K | Feb 27, 2023 |
| Fidelity Total Market Index Fund | 0.10% | 172,863 | 50.91K | Feb 27, 2023 |
