Dolphin Entertainment (NASDAQ:DLPN) is scheduled to announce its earnings results before the market opens on Thursday, May 16th.
Shares of DLPN opened at $1.40 on Wednesday. The company has a current ratio of 0.46, a quick ratio of 0.46 and a debt-to-equity ratio of 0.18. Dolphin Entertainment has a 1 year low of $0.71 and a 1 year high of $4.07.
Several analysts have issued reports on DLPN shares. Canaccord Genuity cut their target price on Dolphin Entertainment from $3.00 to $2.50 and set a “buy” rating for the company in a research note on Tuesday, April 16th. Maxim Group reissued a “buy” rating and set a $4.50 price objective on shares of Dolphin Entertainment in a research note on Tuesday, April 16th. Finally, Zacks Investment Research raised Dolphin Entertainment from a “sell” rating to a “hold” rating in a research note on Monday. Two analysts have rated the stock with a hold rating and three have assigned a buy rating to the stock. The stock presently has an average rating of “Buy” and a consensus price target of $3.00.
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About Dolphin Entertainment
Dolphin Entertainment, Inc produces and distributes online digital content in the United States. The company operates as a content producer of motion pictures, as well as produces Web series and feature films. In addition, it operates an entertainment public relations agency, which offers talent, marketing, and strategic communications services, as well as brand and digital marketing services.
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