JMP Securities Reiterates “Market Outperform” Rating for Nexxen International (NASDAQ:NEXN)

JMP Securities restated their market outperform rating on shares of Nexxen International (NASDAQ:NEXN) in a research report released on Friday morning, Benzinga reports. JMP Securities currently has a $11.00 price objective on the stock.

NEXN has been the topic of several other reports. Stifel Nicolaus increased their target price on Nexxen International from $5.50 to $6.00 and gave the stock a hold rating in a research report on Tuesday, May 21st. Needham & Company LLC reaffirmed a buy rating and issued a $6.50 target price on shares of Nexxen International in a research report on Tuesday, May 21st. Finally, Royal Bank of Canada reaffirmed an outperform rating and issued a $8.00 target price on shares of Nexxen International in a research report on Tuesday, May 21st.

Nexxen International Stock Up 3.8 %

NEXN stock opened at $6.29 on Friday. Nexxen International has a 52-week low of $3.15 and a 52-week high of $7.76. The business’s fifty day simple moving average is $5.90. The company has a quick ratio of 1.36, a current ratio of 1.36 and a debt-to-equity ratio of 0.05. The firm has a market capitalization of $436.40 million, a PE ratio of -48.38 and a beta of 1.88.

Nexxen International (NASDAQ:NEXN) last posted its quarterly earnings data on Monday, May 20th. The company reported ($0.02) earnings per share (EPS) for the quarter. The business had revenue of $74.43 million for the quarter, compared to analyst estimates of $73.35 million. Nexxen International had a positive return on equity of 4.86% and a negative net margin of 3.12%. As a group, analysts anticipate that Nexxen International will post 0.33 earnings per share for the current fiscal year.

Nexxen International Company Profile

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.