We Discuss Popular Entertainment Stocks Trading At Huge Discounts, Plus Updated Price Targets for October 2021
A brief look at three Entertainment stocks that are trading at huge discounts in the market.
All companies were identified using the Simple Investing Success stock screener, which scans for companies meeting our simple criteria of cheap and good, using simple metrics for discount and valuation.
Bargain Entertainment Stocks in October 2021
Let’s take a closer look at each company.
World Wrestling Entertainment (WWE)
- Earnings Yield: 7.29%
- 52-week range: $35.44 – $70.72
- Analyst Price target: $69.21
- Price/Free Cash Flow: 21.88
- Price/Sales: 5.01
- Price/Earnings: 36.44
World Wrestling Entertainment is a media and entertainment company that operates in the sports entertainment business in North America, Europe, Latin America and other countries around the world. The company operates through three segments: Media, Live Events and Consumer Products.
The Media segment focuses on production and monetization of long-form and short-form media content across various platforms (WWE Network, pay television, digital media and filmed entertainment).
The Live Events manages ticket sales, including primary and secondary distribution and event services.
The Consumer Products segment focuses on WWE branded products, such as video games, toys, apparels and books, through licensing arrangements and direct-to-consumer sales.
World Wrestling Entertainment was founded in 1980 and is headquartered in Stamford, Connecticut. The current CEO is Vince McMahon.
The YTD performance for WWE is 20.58%.
- Earnings Yield: 39.52%
- 52-week range: $27.01 – $101.97
- Analyst Price target: $78.34
- Price/Free Cash Flow: 12.57
- Price/Sales: 0.96
- Price/Earnings: 7.45
ViacomCBS is a worldwide media and entertainment company. The company operates through TV, Cable Networks and Film. The TV Entertainment segment distributes a series of news, sports and entertainment programs as well as develops programming for the CBS Television Network. Programs include primetime comedies, daytime dramas and game shows. This segment owns and operates 29 broadcast television stations, the CBS Sports Network and a 24/7 cable program.
The Cable Networks segment creates and acquires shows for distribution on various media platforms, including subscription cable networks, subscription streaming and basic cable networks. The Film segment finances, develops and distributes film.
The company was formerly known as CBS Corporation and changed its name to ViacomCBS Inc. in December 2019. ViacomCBS was incorporated in 1986 and is headquartered in New York, New York. The current CEO is Robert Bakish.
The YTD performance for VIAC is 5.13%.
AMC Networks (AMCX)
- Earnings Yield: 39.68%
- 52-week range: $20.16 – $83.63
- Analyst Price target: $71.29
- Price/Free Cash Flow: 4.64
- Price/Sales: 0.84
- Price/Earnings: 7.53
AMC Networks is an entertainment company who owns and operates a variety of video entertainment products in the United States and internationally. The company operates in two segments, National and International Networks.
The National Networks segment operates the following programming networks: AMC, WE tv, BBC AMERICA, IFC and SundanceTV. This segment also produces original programs for its networks.
The International segment operates a host of channels under the AMCNI brand worldwide as well as the subscription streaming services under Acorn TV, Shudder, Sundance Now, ALLBLK and AMC+. The production and comedy services operate under the Levity brand and the film distribution business under IFC Films.
The company was founded in 1980 and is headquartered in New York, New York. The current CEO is Matthew Blank.
The YTD performance for AMCX is 28.54%.
We hope you enjoyed this list of the top bargains amongst Entertainment companies. Be sure to add these picks to your Watch List and if you haven’t done so already, check in on the performance of our Current Portfolio. Keep it simple and always do your due diligence.
This material is provided for informational purposes only and is not financial advice. The information contained herein should not solely be used for the formation of an investment decision, whether you are a long term or short term investor.