Another day, another record closing stock price for Lionsgate. Investors are licking their chops over the expected blockbuster ticket sales for The Hunger Games, which opens Friday. That propelled company shares +7.2% today to $15.28. It also followed a 7.8% jump on Monday. Indeed, Lionsgate’s up 26.9% over the 30 days — and 83.7% just in 2012. The company now trades at an astronomical 63.9 times its expected earnings per share, according to Yahoo Finance. To put that into perspective, CBS, Comcast, Disney, News Corp and Time Warner trade in a range of about 10-to-14 times earnings. Lionsgate bulls are still charging, though. This morning Miller Tabak & Co analyst David Joyce raised his target price for the stock to $17 from $14 “due to continued positive sentiment” toward Hunger Games, which he says could generate $300M at box offices. But even he seems to have had enough. “We are not making further estimate adjustments at this time,” he says.
Related:
‘Hunger Games’ Pre-Sells Over 1M Tickets
‘The Hunger Games’ Set For 270 IMAX Theaters; Exhibitors To Offer 3 AM Shows

The question is: When to short sell it!?
Stock will be mid 20′s by Twilight. Games is going to do 400 plus. Short at your peril.
And what happens then when the box office for Games falls off a cliff come week 2? Just like Twilight does?
Or… what happens if it doesn’t fall off that much at all and beats WRATH OF THE TITANS in it’s second week. Look for this to happen.
Twlight still does at least 600 mil a picture. Hunger Games predictions around 400 mil. You fail to realize how much Lionsgate and Summit make off of merchandising and tie-ins. Stock will be in the mid 30′s or higher by December.
With stronger reviews and a wider fan base, I don’t think it’ll drop off as much as you’re predicting. I know older fans who are planning to wait until the weeks following opening weekend as to avoid the younger more rabid moviegoing audience.
you sure???thats all???BMO has a target price of $77.00.its over 15 bucks now.should i sell at 20$
I bet you Carl Icahn is kicking himself now for divesting all of his LGF stock…
I don’t get it. I saw the trailer. It was awful and I won’t see the film. What’s all they hype about?