WildBrain (TSE:WILD) Stock Price Up 13.4% - Here's Why

Key Points

• Shares of WildBrain jumped 13.4% to C$1.44 on Wednesday, with about 79,235 shares traded (roughly in line with average volume).
• Analysts at Royal Bank of Canada and National Bank Financial cut price targets to C$2.00 and kept "sector perform"/Hold ratings, leaving the consensus rating at Hold with an average target of C$2.00.
• Most recent results showed C$0.00 EPS on C$72.38M revenue; the company has a market cap of about C$312M, a negative PE of -8.59 and a negative net margin of -5.66%, though return on equity was 27.43%.

Shares of WildBrain Ltd. (TSE:WILD - Get Free Report) rose 13.4% during trading on Wednesday . The stock traded as high as C$1.44 and last traded at C$1.44. Approximately 79,235 shares traded hands during trading, a decline of 0% from the average daily volume of 79,487 shares. The stock had previously closed at C$1.27.

Analyst Upgrades and Downgrades

A number of research firms have weighed in on WILD. Royal Bank Of Canada cut their price target on shares of WildBrain from C$2.50 to C$2.00 and set a "sector perform" rating on the stock in a research note on Tuesday, December 23rd. National Bank Financial dropped their price objective on WildBrain from C$2.25 to C$2.00 and set a "sector perform" rating for the company in a report on Tuesday, December 23rd. Two investment analysts have rated the stock with a Hold rating, Based on data from MarketBeat.com, the company currently has an average rating of "Hold" and an average price target of C$2.00.

WildBrain Stock Up 15.0%

The stock has a fifty day moving average price of C$1.30 and a 200-day moving average price of C$1.46. The firm has a market cap of C$311.93 million, a PE ratio of -8.59, a PEG ratio of 6.85 and a beta of -0.57. The company has a debt-to-equity ratio of -511.40, a quick ratio of 0.88 and a current ratio of 2.58.

WildBrain (TSE:WILD - Get Free Report) last posted its quarterly earnings results on Thursday, February 12th. The company reported C$0.00 EPS for the quarter. The firm had revenue of C$72.38 million for the quarter. WildBrain had a negative net margin of 5.66% and a positive return on equity of 27.43%. Research analysts expect that WildBrain Ltd. will post 0.0369572 EPS for the current year.

WildBrain Company Profile

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.

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