Royal Bank Of Canada Cuts WildBrain (TSE:WILD) Price Target to C$2.00

WildBrain (TSE:WILD) had its price objective cut by Royal Bank Of Canada from C$2.50 to C$2.00 in a research note issued to investors on Tuesday,BayStreet.CA reports. They currently have a sector perform rating on the stock.

Separately, National Bankshares cut their price target on WildBrain from C$2.25 to C$2.00 and set a “sector perform” rating for the company in a report on Tuesday. Two investment analysts have rated the stock with a Hold rating, According to data from MarketBeat.com, the company presently has an average rating of “Hold” and an average target price of C$2.00.

WildBrain Price Performance

Shares of WildBrain stock opened at C$1.80 on Tuesday. The company has a debt-to-equity ratio of -811.30, a current ratio of 1.70 and a quick ratio of 0.88. The company has a market cap of C$384.54 million, a PE ratio of -3.46, a price-to-earnings-growth ratio of 6.85 and a beta of -0.54. The firm has a fifty day moving average price of C$1.46 and a two-hundred day moving average price of C$1.79. WildBrain has a fifty-two week low of C$1.17 and a fifty-two week high of C$2.23.

WildBrain (TSE:WILD) last announced its quarterly earnings data on Thursday, November 13th. The company reported C($0.15) EPS for the quarter. WildBrain had a negative net margin of 38.77% and a positive return on equity of 3,013.26%. The company had revenue of C$125.53 million for the quarter. Analysts expect that WildBrain will post 0.0369572 EPS for the current year.

About WildBrain

WildBrain Ltd is a children’s content and brands company, recognized globally for properties such as Peanuts, Strawberry Shortcake, Caillou, Inspector Gadget, and Degrassi franchise. The company owns the independent library of children’s content. It licenses its content to broadcasters and streaming services worldwide and generates royalties through its consumer products program. It operates through the following segments: the Content Business, CPLG, which manages copyrights, licensing, and brands for third parties and the Television segment.