Dreamworks Animation SKG (DWA) : 11 analysts are covering Dreamworks Animation SKG (DWA) and their average rating on the stock is 3.18, which is read as a Hold. A Zacks Investment Research rank of 3, which recommends a Hold affirms that they expect a large upside in the stock from the current levels. 2 more analyst has given the stock a Sell recommendation. A total of 9 brokerage firms believe that the stock is fairly valued, hence they advise a Hold on the stock.
Dreamworks Animation SKG (DWA) : Currently there are 9 street experts covering Dreamworks Animation SKG (DWA) stock. The most bullish and bearish price target for the stock is $41 and $16 respectively for the short term. The average price target of all the analysts comes to $38.22. The estimated standard deviation from the target is $8.33.
Company shares have received an average consensus rating of Hold for the current week Dreamworks Animation SKG (NASDAQ:DWA): The stock opened at $40.97 on Thursday but the bulls could not build on the opening and the stock topped out at $40.99 for the day. The stock traded down to $40.94 during the day, due to lack of any buying support eventually closed down at $40.94 with a loss of -0.10% for the day. The stock had closed at $40.98 on the previous day. The total traded volume was 640,010 shares.
In a related news, Satterthwaite Dan, officer (Head of Human Resources) of Dreamworks Animation Skg, Inc., unloaded 4,918 shares at an average price of $27.5 on April 19, 2016. The total amount of the transaction was worth $135,245, according to the disclosed information with the Securities and Exchange Commission in a Form 4 filing.
DreamWorks Animation SKG, Inc. (DreamWorks Animation) creates and exploits branded family entertainment, including animated feature films, television series and specials, live entertainment properties and related consumer products. The Company operates in four segments: Feature Films, Television Series and Specials, Consumer Products and New Media. Feature Films segment consists of the development, production and exploitation of feature films in the theatrical television home entertainment and digital markets. Television Series and Specials segment consist of the development production and exploitation of television direct-to-video and other nontheatrical content in the television home entertainment and digital markets. Consumer Products segment consists of the Companys merchandising and licensing activities. New Media segment consists of ATV and related businesses. Operating segments that are not separately reportable are categorized in all other.