DHX Media Ltd. (DHXM) Given Average Recommendation of “Hold” by Analysts

Shares of DHX Media Ltd. (NASDAQ:DHXM) have been assigned a consensus recommendation of “Hold” from the six brokerages that are currently covering the stock, Marketbeat.com reports. One research analyst has rated the stock with a sell recommendation, four have issued a hold recommendation and one has assigned a buy recommendation to the company.

DHXM has been the topic of several recent research reports. Canaccord Genuity restated a “hold” rating on shares of DHX Media in a research note on Tuesday, November 13th. TD Securities restated a “hold” rating on shares of DHX Media in a research note on Tuesday, November 13th. CIBC downgraded DHX Media from a “neutral” rating to an “underperform” rating in a research note on Wednesday, November 14th. National Bank Financial restated a “hold” rating on shares of DHX Media in a research note on Wednesday, November 14th. Finally, BidaskClub upgraded DHX Media from a “hold” rating to a “buy” rating in a research note on Wednesday, November 21st.

Institutional investors have recently bought and sold shares of the stock. Jane Street Group LLC purchased a new stake in shares of DHX Media in the 3rd quarter worth approximately $168,000. Bank of Montreal Can grew its stake in shares of DHX Media by 1,022.2% in the 2nd quarter. Bank of Montreal Can now owns 102,122 shares of the company’s stock worth $214,000 after buying an additional 93,022 shares during the last quarter. CIBC World Markets Inc. purchased a new stake in shares of DHX Media in the 3rd quarter worth approximately $241,000. Lido Advisors LLC boosted its stake in DHX Media by 55.2% during the 2nd quarter. Lido Advisors LLC now owns 346,388 shares of the company’s stock valued at $727,000 after purchasing an additional 123,187 shares during the last quarter. Finally, Russell Investments Group Ltd. purchased a new stake in DHX Media during the 2nd quarter valued at $966,000. Institutional investors own 54.21% of the company’s stock.

Shares of DHXM stock remained flat at $$2.65 during midday trading on Monday. The company’s stock had a trading volume of 510,611 shares, compared to its average volume of 166,344. DHX Media has a 1 year low of $0.80 and a 1 year high of $4.00. The company has a current ratio of 1.71, a quick ratio of 1.71 and a debt-to-equity ratio of 0.90.

DHX Media (NASDAQ:DHXM) last posted its earnings results on Monday, September 24th. The company reported ($0.03) earnings per share for the quarter. DHX Media had a negative return on equity of 2.51% and a negative net margin of 5.73%. The firm had revenue of $75.46 million for the quarter.

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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