Royal Bank Of Canada Issues Pessimistic Forecast for WildBrain (TSE:WILD) Stock Price

WildBrain (TSE:WILD) had its price target reduced by equities research analysts at Royal Bank Of Canada from C$2.50 to C$2.00 in a research note issued on Tuesday,BayStreet.CA reports. The brokerage currently has a “sector perform” rating on the stock. Royal Bank Of Canada’s price target would indicate a potential upside of 10.50% from the stock’s current price.

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

WildBrain Trading Down 4.2%

Shares of WildBrain stock traded down C$0.08 on Tuesday, reaching C$1.81. The company had a trading volume of 133,635 shares, compared to its average volume of 74,524. The company has a debt-to-equity ratio of -811.30, a quick ratio of 0.88 and a current ratio of 1.70. The firm has a market cap of C$386.68 million, a PE ratio of -3.48, a PEG ratio of 6.85 and a beta of -0.54. The firm’s 50 day moving average price is C$1.45 and its two-hundred day moving average price is C$1.79. WildBrain has a 52-week low of C$1.17 and a 52-week high of C$2.23.

WildBrain (TSE:WILD) last announced its earnings results 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 firm had revenue of C$125.53 million for the quarter. Sell-side analysts predict that WildBrain will post 0.0369572 earnings per share for the current fiscal 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.