Nexxen International (NASDAQ:NEXN - Get Free Report) will be releasing its earnings data before the market opens on Friday, November 15th. Analysts expect Nexxen International to post earnings of $0.16 per share for the quarter. Nexxen International has set its FY 2024 guidance at EPS.Individual interested in participating in the company's earnings conference call can do so using this link.
Nexxen International (NASDAQ:NEXN - Get Free Report) last released its quarterly earnings results on Thursday, August 22nd. The company reported $0.07 earnings per share for the quarter, missing analysts' consensus estimates of $0.09 by ($0.02). The business had revenue of $88.58 million during the quarter, compared to analyst estimates of $85.75 million. Nexxen International had a negative net margin of 0.57% and a positive return on equity of 5.92%. During the same quarter in the previous year, the firm posted $0.03 earnings per share. On average, analysts expect Nexxen International to post $1 EPS for the current fiscal year and $1 EPS for the next fiscal year.
Nexxen International Trading Up 0.1 %
Shares of NASDAQ NEXN traded up $0.01 during midday trading on Friday, reaching $7.92. 36,472 shares of the company were exchanged, compared to its average volume of 64,107. The stock's 50-day moving average price is $7.86 and its 200-day moving average price is $6.85. Nexxen International has a one year low of $3.37 and a one year high of $8.69. The company has a debt-to-equity ratio of 0.04, a quick ratio of 1.47 and a current ratio of 1.47.
Analysts Set New Price Targets
A number of research firms recently weighed in on NEXN. Lake Street Capital increased their price objective on shares of Nexxen International from $7.00 to $9.00 and gave the company a "buy" rating in a research note on Friday, August 23rd. Needham & Company LLC raised their price target on shares of Nexxen International from $6.50 to $8.50 and gave the company a "buy" rating in a report on Friday, August 23rd. Finally, Royal Bank of Canada raised their price target on shares of Nexxen International from $9.00 to $11.00 and gave the company an "outperform" rating in a report on Friday, August 23rd. One equities research analyst has rated the stock with a hold rating and four have assigned a buy rating to the company's stock. According to MarketBeat.com, Nexxen International presently has a consensus rating of "Moderate Buy" and an average price target of $9.10.
Check Out Our Latest Stock Analysis on NEXN
Nexxen International Company Profile
(
Get Free Report)
Nexxen International Ltd. provides end-to-end software platform that enables advertisers to reach publishers Israel. The company's demand side platform (DSP) offers full-service and self-managed marketplace access to advertisers and agencies to execute their digital marketing campaigns in real time across various ad formats.
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