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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 Network.com 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.

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