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

Shares of DHX Media Ltd. (NASDAQ:DHXM) have been given an average rating of “Hold” by the seven research firms that are presently covering the stock, MarketBeat Ratings reports. One equities research analyst has rated the stock with a sell recommendation, three have issued a hold recommendation and three have assigned a buy recommendation to the company.

Separately, B. Riley set a $30.00 price objective on shares of Customers Bancorp and gave the stock a “buy” rating in a report on Tuesday, May 14th.

NASDAQ DHXM remained flat at $$1.50 during mid-day trading on Tuesday. 40,586 shares of the company traded hands, compared to its average volume of 140,253. The business’s fifty day moving average is $1.44. DHX Media has a twelve month low of $0.80 and a twelve month 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 posted its quarterly earnings results on Tuesday, May 14th. The company reported $0.03 earnings per share (EPS) for the quarter. The business had revenue of $82.70 million during the quarter. DHX Media had a negative net margin of 14.07% and a negative return on equity of 3.79%. As a group, sell-side analysts anticipate that DHX Media will post -0.18 EPS for the current fiscal year.

A number of institutional investors and hedge funds have recently bought and sold shares of the business. Toronto Dominion Bank boosted its holdings in DHX Media by 5.1% during the 1st quarter. Toronto Dominion Bank now owns 253,454 shares of the company’s stock worth $393,000 after acquiring an additional 12,384 shares during the last quarter. Insight 2811 Inc. purchased a new position in DHX Media during the 2nd quarter worth $27,000. Lido Advisors LLC boosted its holdings in DHX Media by 10.6% during the 4th quarter. Lido Advisors LLC now owns 327,597 shares of the company’s stock worth $547,000 after acquiring an additional 31,500 shares during the last quarter. D. E. Shaw & Co. Inc. purchased a new position in DHX Media during the 4th quarter worth $191,000. Finally, Jane Street Group LLC boosted its holdings in DHX Media by 160.2% during the 4th quarter. Jane Street Group LLC now owns 303,266 shares of the company’s stock worth $498,000 after acquiring an additional 186,721 shares during the last quarter. 39.37% of the stock is currently owned by hedge funds and other institutional investors.

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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Analyst Recommendations for DHX Media (NASDAQ:DHXM)

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