DHX Media (NASDAQ:DHXM) posted its quarterly earnings results on Wednesday. The company reported ($0.03) EPS for the quarter, beating the Zacks’ consensus estimate of ($0.04) by $0.01, reports. The business had revenue of $85.03 million during the quarter, compared to the consensus estimate of $77.78 million. DHX Media had a negative return on equity of 1.41% and a negative net margin of 24.75%.
DHXM stock traded down $0.02 during midday trading on Friday, reaching $1.40. The company had a trading volume of 55,600 shares, compared to its average volume of 103,218. DHX Media has a 1-year low of $1.08 and a 1-year high of $2.78. The company has a debt-to-equity ratio of 1.05, a current ratio of 1.70 and a quick ratio of 1.70. The stock has a 50 day moving average price of $1.49 and a 200-day moving average price of $1.41. The company has a market capitalization of $188.91 million, a price-to-earnings ratio of 70.00 and a beta of 0.97.
A number of research analysts recently commented on DHXM shares. Echelon Wealth Partners set a $3.00 price target on DHX Media and gave the company a “buy” rating in a research note on Tuesday, September 10th. Zacks Investment Research downgraded DHX Media from a “buy” rating to a “hold” rating in a research note on Thursday. BMO Capital Markets set a $2.30 price target on DHX Media and gave the company a “buy” rating in a research note on Tuesday, September 24th. Finally, CIBC set a $2.00 price target on DHX Media and gave the company a “sell” rating in a research note on Tuesday, September 24th. One equities research analyst has rated the stock with a sell rating, four have issued a hold rating and four have assigned a buy rating to the company. The stock currently has an average rating of “Hold” and a consensus target price of $2.20.
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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