FY2021 EPS Estimates for DHX Media Ltd. (TSE:DHX) Lifted by Analyst

DHX Media Ltd. (TSE:DHX) – Research analysts at National Bank Financial lifted their FY2021 earnings estimates for shares of DHX Media in a research note issued to investors on Wednesday, November 6th. National Bank Financial analyst A. Shine now expects that the company will post earnings per share of $0.04 for the year, up from their prior forecast of $0.03.

Separately, CIBC cut their price target on shares of DHX Media from C$2.00 to C$1.90 in a report on Thursday. One research analyst has rated the stock with a sell rating, three have issued a hold rating and one has issued a buy rating to the stock. The stock has an average rating of “Hold” and a consensus target price of C$2.48.

TSE DHX traded down C$0.04 on Friday, hitting C$1.82. The company had a trading volume of 270,605 shares, compared to its average volume of 204,864. The company has a market capitalization of $261.52 million and a PE ratio of -2.42. The company’s fifty day moving average price is C$1.96 and its 200-day moving average price is C$1.87. The company has a debt-to-equity ratio of 125.31, a current ratio of 1.70 and a quick ratio of 1.13. DHX Media has a 12-month low of C$1.40 and a 12-month high of C$3.69.

DHX Media (TSE:DHX) last issued its quarterly earnings results on Monday, September 23rd. The company reported C$0.04 EPS for the quarter, topping the consensus estimate of C($0.06) by C$0.10. The company had revenue of C$108.80 million during the quarter, compared to analysts’ expectations of C$95.98 million.

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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