Royal Bank Of Canada Issues Pessimistic Forecast for WildBrain (TSE:WILD) Stock Price

WildBrain (TSE:WILD) had its target price cut by equities researchers at Royal Bank Of Canada from C$2.50 to C$2.00 in a report issued on Tuesday,BayStreet.CA reports. The brokerage presently has a “sector perform” rating on the stock. Royal Bank Of Canada’s target price indicates a potential upside of 11.11% from the company’s current price.

Separately, National Bankshares lowered their target price on WildBrain from C$2.25 to C$2.00 and set a “sector perform” rating for the company in a research note on Tuesday. Two research analysts have rated the stock with a Hold rating, Based on data from MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus price target of C$2.00.

WildBrain Trading Down 0.6%

WILD stock opened at C$1.80 on Tuesday. The firm has a market cap of C$384.54 million, a P/E ratio of -3.46, a P/E/G ratio of 6.85 and a beta of -0.54. The business’s 50 day moving average is C$1.46 and its 200-day moving average is C$1.79. WildBrain has a 1-year low of C$1.17 and a 1-year high of C$2.23. The company has a current ratio of 1.70, a quick ratio of 0.88 and a debt-to-equity ratio of -811.30.

WildBrain (TSE:WILD) last posted its earnings results on Thursday, November 13th. The company reported C($0.15) earnings per share for the quarter. The firm had revenue of C$125.53 million during the quarter. WildBrain had a positive return on equity of 3,013.26% and a negative net margin of 38.77%. Equities analysts anticipate that WildBrain will post 0.0369572 earnings per share for the current fiscal year.

WildBrain Company Profile

WildBrain Ltd is a children’s content and brands company, recognized globally for properties such as Peanuts, Strawberry Shortcake, Caillou, Inspector Gadget, and Degrassi franchise. The company owns the independent library of children’s content. It licenses its content to broadcasters and streaming services worldwide and generates royalties through its consumer products program. It operates through the following segments: the Content Business, CPLG, which manages copyrights, licensing, and brands for third parties and the Television segment.