CuriosityStream Inc. (NASDAQ:CURI) Receives Consensus Recommendation of “Moderate Buy” from Analysts

by · The Cerbat Gem

Shares of CuriosityStream Inc. (NASDAQ:CURI – Get Free Report) have been given an average recommendation of “Moderate Buy” by the six research firms that are presently covering the company, MarketBeat.com reports. One investment analyst has rated the stock with a sell recommendation, one has given a hold recommendation, three have issued a buy recommendation and one has given a strong buy recommendation to the company. The average 1 year price objective among brokerages that have covered the stock in the last year is $6.3333.

A number of analysts recently commented on CURI shares. Needham & Company LLC boosted their target price on CuriosityStream from $5.50 to $6.00 and gave the company a “buy” rating in a research report on Thursday, September 25th. Barrington Research reaffirmed an “outperform” rating and issued a $6.00 target price on shares of CuriosityStream in a report on Thursday, November 13th. Singular Research upgraded shares of CuriosityStream to a “strong-buy” rating in a research note on Wednesday, August 20th. Wall Street Zen raised shares of CuriosityStream from a “hold” rating to a “buy” rating in a report on Saturday, November 8th. Finally, Weiss Ratings reaffirmed a “sell (d+)” rating on shares of CuriosityStream in a report on Monday.

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CuriosityStream Trading Down 1.4%

Shares of CuriosityStream stock opened at $4.12 on Wednesday. CuriosityStream has a 1 year low of $1.47 and a 1 year high of $7.15. The firm has a market capitalization of $240.20 million, a PE ratio of -45.77 and a beta of 1.84. The firm’s 50 day moving average is $4.50 and its 200 day moving average is $4.72.

CuriosityStream (NASDAQ:CURI – Get Free Report) last announced its quarterly earnings results on Wednesday, November 12th. The company reported ($0.06) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.02) by ($0.04). CuriosityStream had a negative net margin of 8.19% and a negative return on equity of 10.24%. The business had revenue of $18.36 million during the quarter, compared to analyst estimates of $16.35 million. As a group, research analysts anticipate that CuriosityStream will post -0.2 earnings per share for the current year.

CuriosityStream Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Friday, December 19th. Shareholders of record on Friday, December 5th will be given a dividend of $0.08 per share. This represents a $0.32 dividend on an annualized basis and a yield of 7.8%. The ex-dividend date of this dividend is Friday, December 5th. CuriosityStream’s payout ratio is presently -355.56%.

Insider Activity at CuriosityStream

In other CuriosityStream news, COO Theresa Ellen Cudahy sold 10,200 shares of the firm’s stock in a transaction dated Thursday, November 20th. The stock was sold at an average price of $4.98, for a total value of $50,796.00. Following the transaction, the chief operating officer directly owned 514,648 shares of the company’s stock, valued at approximately $2,562,947.04. This trade represents a 1.94% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, CEO Clinton Larry Stinchcomb sold 141,206 shares of the business’s stock in a transaction dated Monday, November 24th. The shares were sold at an average price of $4.65, for a total value of $656,607.90. Following the sale, the chief executive officer directly owned 2,517,998 shares of the company’s stock, valued at $11,708,690.70. This represents a 5.31% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 360,255 shares of company stock valued at $1,701,804 in the last three months. Company insiders own 52.00% of the company’s stock.

Institutional Investors Weigh In On CuriosityStream

Several institutional investors have recently modified their holdings of the stock. Algert Global LLC purchased a new stake in CuriosityStream in the 1st quarter worth about $39,000. CW Advisors LLC purchased a new stake in CuriosityStream during the first quarter worth $377,000. OMERS ADMINISTRATION Corp purchased a new position in CuriosityStream in the first quarter valued at about $222,000. Cubist Systematic Strategies LLC lifted its position in CuriosityStream by 101.7% during the first quarter. Cubist Systematic Strategies LLC now owns 54,712 shares of the company’s stock valued at $147,000 after acquiring an additional 27,582 shares during the last quarter. Finally, Goldman Sachs Group Inc. grew its stake in CuriosityStream by 657.3% during the 1st quarter. Goldman Sachs Group Inc. now owns 125,743 shares of the company’s stock worth $337,000 after buying an additional 109,138 shares during the last quarter. 6.79% of the stock is owned by institutional investors.

CuriosityStream Company Profile

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CuriosityStream Inc operates as a factual content streaming service and media company. The company provides premium video and audio programming services in various categories of factual entertainment, including science, history, society, nature, lifestyle, and technology through direct subscription video on-demand (SVoD) platforms accessible by internet connected devices, or indirectly via distribution partners who deliver CuriosityStream content via distributor's platform or system, as well as through bundled content licenses for SVoD and linear offerings, talks and courses, and partner bulk sales.

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