DHX Media Ltd. (TSE:DHX) Given Consensus Recommendation of “Hold” by Brokerages

DHX Media Ltd. (TSE:DHX) has been assigned an average recommendation of “Hold” from the eight analysts that are currently covering the firm, Marketbeat Ratings reports. Four analysts have rated the stock with a hold recommendation and one has issued a buy recommendation on the company. The average 1 year target price among analysts that have updated their coverage on the stock in the last year is C$2.57.

Several equities research analysts have commented on the company. BMO Capital Markets dropped their price target on DHX Media from C$2.50 to C$2.25 in a research note on Wednesday, May 15th. National Bank Financial dropped their price target on DHX Media from C$2.25 to C$2.00 and set a “sector perform” rating for the company in a research note on Wednesday, May 15th. CIBC dropped their price target on DHX Media from C$2.25 to C$2.00 in a research note on Wednesday, May 15th. Finally, Royal Bank of Canada dropped their price target on DHX Media from C$3.00 to C$2.50 and set a “sector perform” rating for the company in a research note on Wednesday, May 15th.

TSE DHX traded up C$0.07 during trading hours on Friday, hitting C$1.99. 58,554 shares of the company’s stock were exchanged, compared to its average volume of 231,559. DHX Media has a 12-month low of C$1.09 and a 12-month high of C$3.69. The company has a market capitalization of $259.02 million and a PE ratio of -4.42. The company has a current ratio of 1.71, a quick ratio of 1.15 and a debt-to-equity ratio of 115.67.

DHX Media (TSE:DHX) last announced its quarterly earnings results on Tuesday, May 14th. The company reported C$0.03 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of C($0.02) by C$0.05. The firm had revenue of C$110.00 million for the quarter, compared to analyst estimates of C$109.50 million. Equities analysts predict that DHX Media will post -0.04 EPS for the current year.

DHX Media Company Profile

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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Analyst Recommendations for DHX Media (TSE:DHX)

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