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Dreamworks Animation Skg (NYSE:DWA)‘s stock had its “fair value” rating reaffirmed by stock analysts at Janney Montgomery Scott in a report issued on Thursday. They currently have a $29.00 price objective on the stock, down from their previous price objective of $32.00. Janney Montgomery Scott’s price objective indicates a potential upside of 44.86% from the stock’s previous close.

Other equities research analysts have also recently issued reports about the stock. Analysts at FBR Capital Markets initiated coverage on shares of Dreamworks Animation Skg in a research note on Monday, July 28th. They set a “market perform” rating and a $24.00 price target on the stock. Separately, analysts at Morgan Stanley cut their price target on shares of Dreamworks Animation Skg to $24.00 in a research note on Monday, July 28th. They now have an “equal weight” rating on the stock. Finally, analysts at Ascendiant Capital Markets downgraded shares of Dreamworks Animation Skg from a “buy” rating to a “hold” rating in a research note on Monday, July 21st. One investment analyst has rated the stock with a sell rating and nine have given a hold rating to the company’s stock. The stock has an average rating of “Hold” and a consensus target price of $24.00.

Shares of Dreamworks Animation Skg (NYSE:DWA) traded up 0.10% during mid-day trading on Thursday, hitting $20.02. 2,081,542 shares of the company’s stock traded hands. Dreamworks Animation Skg has a 1-year low of $19.20 and a 1-year high of $36.01. The stock has a 50-day moving average of $22.98 and a 200-day moving average of $27.3. The company’s market cap is $1.695 billion.

Dreamworks Animation Skg (NYSE:DWA) last issued its quarterly earnings data on Tuesday, July 29th. The company reported ($0.18) EPS for the quarter, missing the Thomson Reuters consensus estimate of ($0.02) by $0.16. The company had revenue of $122.30 million for the quarter, compared to the consensus estimate of $138.10 million. During the same quarter in the prior year, the company posted $0.26 earnings per share. The company’s quarterly revenue was down 42.7% on a year-over-year basis. Analysts expect that Dreamworks Animation Skg will post $-0.04 EPS for the current fiscal year.

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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