DHX Media (TSE:DHX) had its target price hoisted by B. Riley from C$3.50 to C$4.00 in a research report sent to investors on Tuesday, February 5th. The brokerage currently has a buy rating on the stock.
Other equities research analysts also recently issued research reports about the stock. CIBC downgraded shares of DHX Media from a neutral rating to an underperform rating and raised their price objective for the company from C$2.00 to C$2.50 in a research report on Wednesday, November 14th. National Bank Financial cut shares of DHX Media from a sector perform rating to an underperform rating and set a C$2.75 target price for the company. in a report on Monday, December 10th. Royal Bank of Canada increased their target price on shares of DHX Media from C$2.00 to C$3.00 and gave the company a sector perform rating in a report on Wednesday, November 14th. BMO Capital Markets increased their target price on shares of DHX Media from C$1.50 to C$2.50 in a report on Wednesday, November 14th. Finally, TD Securities raised their price objective on shares of DHX Media from C$1.50 to C$2.75 and gave the stock a hold rating in a research note on Wednesday, November 14th. One investment analyst has rated the stock with a sell rating, four have given a hold rating and one has issued a buy rating to the company’s stock. The company has a consensus rating of Hold and an average price target of C$2.73.
Shares of DHX stock traded down C$0.01 during mid-day trading on Tuesday, hitting C$2.52. 377,324 shares of the stock were exchanged, compared to its average volume of 359,234. The firm has a market cap of $339.90 million and a price-to-earnings ratio of -6.79. DHX Media has a 12-month low of C$1.09 and a 12-month high of C$3.69. The company has a debt-to-equity ratio of 112.06, a quick ratio of 1.05 and a current ratio of 1.69.
DHX Media (TSE:DHX) last issued its quarterly earnings data on Tuesday, February 12th. The company reported C($0.13) earnings per share (EPS) for the quarter, missing the consensus estimate of C($0.02) by C($0.11). The business had revenue of C$117.02 million during the quarter, compared to the consensus estimate of C$119.03 million. As a group, research analysts predict that DHX Media will post -0.0500000019841271 EPS for the current year.
In related news, insider Debra Fine purchased 50,000 shares of the firm’s stock in a transaction on Wednesday, December 12th. The shares were bought at an average price of C$2.27 per share, for a total transaction of C$113,500.00. Also, insider Fine Capital Partners, L.P. purchased 62,070 shares of the firm’s stock in a transaction on Friday, December 14th. The stock was bought at an average price of C$2.09 per share, for a total transaction of C$129,726.30. Insiders acquired a total of 193,050 shares of company stock valued at $455,684 over the last ninety days.
About DHX Media
DHX Media Ltd. develops, produces, distributes, broadcasts, and licenses television and film programs for conventional and specialty terrestrial and cable/satellite television broadcasters worldwide. The company operates through three segments: Content Business, DHX Television, and Consumer Products Represented.
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