DHX Media Ltd. (TSE:DHX) – Equities researchers at Cormark decreased their FY2019 earnings estimates for DHX Media in a research report issued to clients and investors on Wednesday, September 26th. Cormark analyst D. Mcfadgen now forecasts that the company will post earnings of $0.09 per share for the year, down from their prior forecast of $0.10.

Several other research analysts also recently commented on the stock. Echelon Wealth Partners downgraded shares of DHX Media from a “buy” rating to a “speculative buy” rating and lowered their price objective for the company from C$5.75 to C$3.75 in a research report on Friday, September 14th. BMO Capital Markets lowered their price objective on shares of DHX Media from C$2.50 to C$1.50 in a research report on Wednesday. National Bank Financial lowered their price objective on shares of DHX Media from C$4.00 to C$1.50 and set a “sector perform” rating for the company in a research report on Friday, September 14th. TD Securities lowered their price objective on shares of DHX Media from C$3.75 to C$1.30 and set a “hold” rating for the company in a research report on Friday, September 14th. Finally, Royal Bank of Canada lowered their price objective on shares of DHX Media from C$4.00 to C$2.00 and set a “sector perform” rating for the company in a research report on Friday, September 14th. Five equities research analysts have rated the stock with a hold rating, DHX Media has an average rating of “Hold” and a consensus price target of C$2.01.

Shares of DHX opened at C$2.01 on Thursday. DHX Media has a one year low of C$1.09 and a one year high of C$3.52.

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. It operates through three segments: Content Business, DHX Television Ltd., and Copyright Promotions Licensing Group.

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Earnings History and Estimates for DHX Media (TSE:DHX)

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