Lions Gate Entertainment-A Stock Discussion

Lions Gate Entertainment Corp.'s low P/S ratio is due to its poor revenue outlook. Shareholders accept this as they anticipate no significant future revenue surprises, making a strong share price rise unlikely.

The insider transactions over the last year suggest optimism about the company's future. However, there have been no insider transactions in the last three months. The level of insider ownership suggests a reasonable degree of alignment with the company's future.

Despite short-term improvement, the long-term trend of Lions Gate Entertainment's stock is concerning. Investors must remain vigilant for signals of a business recovery, especially given the company's unprofitability and dependence on revenue growth for sustainability.

Insiders display high optimism about the future of the company, shown by increased holdings. It's crucial that purchases occurred with a substantially lesser share price.

Lions Gate Entertainment shares are trading above its estimated fair value, dampening any upside from mispricing. This is not an ideal buy-in time but presents an opportunity for existing shareholders to sell high.

Core Points：
1. The average SVOD subscriber takes ~4.2 services, down from ~4.7 and ~4.8 in 1Q23 and 4Q22, respectively
2. ~50% of respondents would subscribe to a standalone ESPN product
3. ~70% of Max (HBO Max) subscribers are aware of the rebrand
4. Netflix borrowers likely to become Subscribers/Extra Members
5. Disney+ and Netflix exhibit the highest levels of password sharing behaviors among major streamers
6. Subscriber stickiness increasi...