DHX Media Ltd. (NASDAQ:DHXM) Given Average Rating of “Hold” by Analysts

DHX Media Ltd. (NASDAQ:DHXM) has received a consensus rating of “Hold” from the seven analysts that are currently covering the company, Marketbeat.com reports. One analyst has rated the stock with a sell recommendation, three have assigned a hold recommendation and three have assigned a buy recommendation to the company.

Separately, B. Riley restated a “buy” rating on shares of DHX Media in a research report on Tuesday, May 14th.

A number of hedge funds have recently added to or reduced their stakes in DHXM. Bank of America Corp DE boosted its stake in DHX Media by 28,652.7% in the 4th quarter. Bank of America Corp DE now owns 316,280 shares of the company’s stock worth $528,000 after purchasing an additional 315,180 shares during the period. D. E. Shaw & Co. Inc. bought a new position in DHX Media in the 4th quarter worth approximately $191,000. Jane Street Group LLC boosted its stake in DHX Media by 160.2% in the 4th quarter. Jane Street Group LLC now owns 303,266 shares of the company’s stock worth $498,000 after purchasing an additional 186,721 shares during the period. Norges Bank bought a new position in DHX Media in the 4th quarter worth approximately $1,610,000. Finally, Toronto Dominion Bank boosted its stake in DHX Media by 5.1% in the 1st quarter. Toronto Dominion Bank now owns 253,454 shares of the company’s stock worth $393,000 after purchasing an additional 12,384 shares during the period. Institutional investors and hedge funds own 39.38% of the company’s stock.

DHXM traded down $0.08 during trading on Friday, reaching $1.33. The company had a trading volume of 69,530 shares, compared to its average volume of 94,469. The company has a market capitalization of $190.18 million, a PE ratio of 44.33 and a beta of 0.95. The business’s 50 day moving average is $1.48. DHX Media has a 52 week low of $0.80 and a 52 week high of $2.78. The company has a current ratio of 1.71, a quick ratio of 1.71 and a debt-to-equity ratio of 0.96.

DHX Media (NASDAQ:DHXM) last issued its quarterly earnings results on Tuesday, May 14th. The company reported $0.03 earnings per share (EPS) for the quarter. The company had revenue of $82.70 million during the quarter. DHX Media had a negative return on equity of 3.79% and a negative net margin of 14.07%. On average, equities research analysts expect that DHX Media will post -0.18 earnings per share for the current fiscal year.

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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Analyst Recommendations for DHX Media (NASDAQ:DHXM)

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