Share on StockTwits

Dreamworks Animation Skg (NYSE:DWA) has received an average recommendation of “Hold” from the nine ratings firms that are currently covering the stock, Analyst Ratings reports. Four research analysts have rated the stock with a sell recommendation, two have given a hold recommendation and three have given a buy recommendation to the company. The average 12-month price target among brokers that have updated their coverage on the stock in the last year is $26.80.

Dreamworks Animation Skg (NYSE:DWA) traded down 0.68% on Thursday, hitting $23.39. The stock had a trading volume of 159,891 shares. Dreamworks Animation Skg has a one year low of $20.78 and a one year high of $36.01. The stock has a 50-day moving average of $26.48 and a 200-day moving average of $30.92. The company has a market cap of $1.980 billion and a P/E ratio of 314.00.

Dreamworks Animation Skg (NYSE:DWA) last announced its earnings results on Tuesday, April 29th. The company reported ($0.51) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.10) by $0.41. The company had revenue of $147.20 million for the quarter, compared to the consensus estimate of $133.95 million. During the same quarter in the previous year, the company posted $0.07 earnings per share. The company’s revenue for the quarter was up 9.4% on a year-over-year basis. On average, analysts predict that Dreamworks Animation Skg will post $0.23 earnings per share for the current fiscal year.

A number of analysts have recently weighed in on DWA shares. Analysts at Bank of America downgraded shares of Dreamworks Animation Skg from a “neutral” rating to an “underperform” rating in a research note on Tuesday. They now have a $22.00 price target on the stock. Separately, analysts at Morgan Stanley upgraded shares of Dreamworks Animation Skg from an “underweight” rating to an “equal weight” rating in a research note on Tuesday. They now have a $26.00 price target on the stock, down previously from $28.00.

DreamWorks Animation SKG, Inc (NYSE:DWA) is engaged in the development, production and exploitation of animated films and their associated characters in the worldwide theatrical, home entertainment, television, merchandising and licensing and other markets.

Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.