WildBrain (TSE:WILD) Stock Price Target Raised at ATB Cormark Capital Markets

WildBrain (TSE:WILD) had its price objective lifted by research analysts at ATB Cormark Capital Markets from C$1.35 to C$1.45 in a research note issued on Thursday, BayStreet reports. The brokerage presently has a “sector perform” rating on the stock. ATB Cormark Capital Markets‘s price target points to a potential upside of 14.17% from the company’s current price.

Separately, Royal Bank Of Canada lowered their target price on WildBrain from C$2.00 to C$1.50 and set a “sector perform” rating for the company in a report on Thursday, October 1st. Three research analysts have rated the stock with a Hold rating. According to data from MarketBeat.com, the stock has an average rating of “Hold” and an average target price of C$1.65.

WildBrain Price Performance

Shares of TSE:WILD traded down C$0.03 during trading on Thursday, hitting C$1.27. 32,575 shares of the company were exchanged, compared to its average volume of 107,109. WildBrain has a 1-year low of C$1.06 and a 1-year high of C$2.23. The company has a market capitalization of C$269.28 million, a P/E ratio of 0.73, a price-to-earnings-growth ratio of 6.85 and a beta of -0.74. The company has a quick ratio of 0.88, a current ratio of 1.84 and a debt-to-equity ratio of 23.14. The business’s 50 day moving average is C$1.45 and its 200-day moving average is C$1.38.

WildBrain (TSE:WILD) last released its quarterly earnings data on Thursday, September 24th. The company reported C($0.05) earnings per share for the quarter. WildBrain had a net margin of 117.80% and a return on equity of 478.35%. The firm had revenue of C$54.97 million for the quarter. Equities analysts forecast that WildBrain will post 0.04 earnings per share for the current year.

About WildBrain

At WildBrain we inspire imaginations through the wonder of storytelling. A leader in 360° franchise management-spanning Content Creation, Audience Engagement and Global Licensing-our mission is to cultivate and grow love for our own and partner brands through exceptional entertainment experiences. Home to such franchises as Peanuts, Teletubbies, Strawberry Shortcake, Yo Gabba Gabba!, Inspector Gadget and Degrassi, we produce such acclaimed series as The Snoopy Show,¿Snoopy in Space,¿Camp Snoopy, Teletubbies Let’s Go!, Yo Gabba GabbaLand!, Sonic Prime and Strawberry Shortcake: Berry in the Big City.