DHX Media Ltd. (DHX) to Post Q1 2020 Earnings of $0.01 Per Share, B. Riley Forecasts

DHX Media Ltd. (TSE:DHX) – Investment analysts at B. Riley issued their Q1 2020 EPS estimates for DHX Media in a report issued on Wednesday, November 14th. B. Riley analyst E. Wold expects that the company will earn $0.01 per share for the quarter.

A number of other analysts have also recently weighed in on DHX. BMO Capital Markets decreased their price target on shares of DHX Media from C$2.50 to C$1.50 in a research report on Wednesday, September 26th. Echelon Wealth Partners cut shares of DHX Media from a “buy” rating to a “speculative buy” rating and decreased their price target for the stock from C$5.75 to C$3.75 in a research report on Friday, September 14th. TD Securities decreased their price target on shares of DHX Media from C$3.75 to C$1.30 and set a “hold” rating for the company in a research report on Friday, September 14th. National Bank Financial decreased their price target on shares of DHX Media from C$4.00 to C$1.50 and set a “sector perform” rating for the company in a research report on Friday, September 14th. Finally, Cormark upped their price target on shares of DHX Media from C$1.50 to C$1.80 in a research report on Wednesday, September 26th. One research analyst has rated the stock with a sell rating and four have assigned a hold rating to the company. The stock presently has a consensus rating of “Hold” and an average target price of C$2.72.

Shares of TSE DHX opened at C$2.81 on Friday. DHX Media has a 52-week low of C$1.09 and a 52-week high of C$3.52. The company has a current ratio of 1.65, a quick ratio of 1.00 and a debt-to-equity ratio of 216.22.

DHX Media (TSE:DHX) last announced its quarterly earnings data on Monday, September 24th. The company reported C($0.04) earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of C($0.03) by C($0.01). The firm had revenue of C$97.37 million for the quarter, compared to the consensus estimate of C$121.50 million.

In other DHX Media news, insider David A. Regan sold 50,000 shares of the company’s stock in a transaction dated Tuesday, October 9th. The shares were sold at an average price of C$2.07, for a total value of C$103,500.00. Also, insider Douglas Edward John Lamb acquired 20,000 shares of the firm’s stock in a transaction on Thursday, October 11th. The stock was purchased at an average cost of C$2.15 per share, with a total value of C$43,000.00. Over the last three months, insiders acquired 80,500 shares of company stock valued at $155,946.

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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Earnings History and Estimates for DHX Media (TSE:DHX)

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