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Shares of Dreamworks Animation Skg (NYSE:DWA) have received a consensus rating of “Hold” from the ten ratings firms that are presently covering the stock, ARN reports. One investment analyst has rated the stock with a sell rating and nine have issued a hold rating on the company. The average 1-year price target among brokers that have issued a report on the stock in the last year is $23.33.

Dreamworks Animation Skg (NYSE:DWA) opened at 22.75 on Thursday. Dreamworks Animation Skg has a 52-week low of $19.20 and a 52-week high of $36.01. The stock’s 50-day moving average is $21.56 and its 200-day moving average is $25.35. The company’s market cap is $1.926 billion.

Dreamworks Animation Skg (NYSE:DWA) last announced its earnings results on Tuesday, July 29th. The company reported ($0.18) earnings per share for the quarter, missing the analysts’ 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 last year, the company posted $0.26 earnings per share. Dreamworks Animation Skg’s revenue was down 42.7% compared to the same quarter last year. On average, analysts predict that Dreamworks Animation Skg will post $-0.05 earnings per share for the current fiscal year.

A number of analysts have recently weighed in on DWA shares. Analysts at Janney Montgomery Scott reiterated a “fair value” rating on shares of Dreamworks Animation Skg in a research note on Wednesday, August 20th. They now have a $27.00 price target on the stock, down previously from $29.00. Separately, analysts at Zacks reiterated a “neutral” rating on shares of Dreamworks Animation Skg in a research note on Thursday, August 14th. They now have a $21.00 price target on the stock.

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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