DHX Media Ltd. (TSE:DHX) – Equities research analysts at Cormark cut their FY2019 earnings per share estimates for shares of DHX Media in a report released on Wednesday, November 14th. Cormark analyst D. Mcfadgen now anticipates that the company will earn $0.01 per share for the year, down from their prior forecast of $0.09.

DHX Media (TSE:DHX) last announced its quarterly earnings data on Monday, September 24th. The company reported C($0.04) earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of C($0.03) by C($0.01). The firm had revenue of C$97.37 million for the quarter, compared to analysts’ expectations of C$121.50 million.

A number of other research analysts also recently issued reports on the stock. TD Securities cut their price objective on shares of DHX Media from C$3.75 to C$1.30 and set a “hold” rating on the stock in a research report on Friday, September 14th. National Bank Financial boosted their price target on shares of DHX Media from C$1.50 to C$2.75 and gave the stock a “sector perform” rating in a report on Wednesday. BMO Capital Markets dropped their target price on shares of DHX Media from C$2.50 to C$1.50 in a report on Wednesday, September 26th. Royal Bank of Canada upped their price objective on shares of DHX Media from C$2.00 to C$3.00 and gave the company a “sector perform” rating in a report on Wednesday. Finally, CIBC reduced their price target on shares of DHX Media from C$3.00 to C$2.00 in a research report on Wednesday, September 26th. One investment analyst has rated the stock with a sell rating and four have assigned a hold rating to the company. DHX Media currently has a consensus rating of “Hold” and an average price target of C$2.72.

Shares of DHX opened at C$2.81 on Friday. DHX Media has a 1-year low of C$1.09 and a 1-year high of C$3.52. The company has a debt-to-equity ratio of 216.22, a current ratio of 1.65 and a quick ratio of 1.00.

In other news, insider David A. Regan sold 50,000 shares of the stock in a transaction dated Tuesday, October 9th. The stock was sold at an average price of C$2.07, for a total transaction of C$103,500.00. Also, Director Michael Donovan acquired 20,000 shares of the stock in a transaction dated Tuesday, October 9th. The shares were bought at an average cost of C$2.29 per share, for a total transaction of C$45,800.00. Over the last 90 days, insiders have purchased 80,500 shares of company stock valued at $155,946.

About DHX Media

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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