Is it time to Buy before this week’s earning report Dolphin Entertainment (NASDAQ:DLPN)

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Earnings results for Dolphin Entertainment (NASDAQ:DLPN)

Estimate Momentum measures change in analyst sentiment over time and may be an indicator of future price movements. The Change in Consensus chart shows the current, 1 week ago, and 1 month ago consensus earnings per share (EPS*) forecasts. For the fiscal quarter endingJun 2020 , the consensus EPS* forecast has remained the same over the past week at 999 and remained the same over the past month at 999. none raised and none lowered their forecast. For the fiscal year ending Dec 2020 , the consensus EPS* forecast has remained the same over the past week at 999 and remained the same over the past month at 999 . none raised and none lowered their forecast.

Dolphin Entertainment last released its earnings results on July 13th, 2020. The reported $0.01 earnings per share for the quarter, topping analysts’ consensus estimates of ($0.05) by $0.06. The business earned $6.63 million during the quarter. Dolphin Entertainment has generated ($0.24) earnings per share over the last year. Dolphin Entertainment has confirmed that its next quarterly earnings report will be published on Monday, August 17th, 2020.

Analyst Opinion on Dolphin Entertainment (NASDAQ:DLPN)

2 Wall Street analysts have issued ratings and price targets for Dolphin Entertainment in the last 12 months. Their average twelve-month price target is $1.50, suggesting that the stock has a possible upside of 64.84%. The high price target for DLPN is $1.50 and the low price target for DLPN is $1.50. There are currently 2 buy ratings for the stock, resulting in a consensus rating of “Buy.”

Dolphin Entertainment has received a consensus rating of Buy. The company’s average rating score is 3.00, and is based on 2 buy ratings, no hold ratings, and no sell ratings. According to analysts’ consensus price target of $1.50, Dolphin Entertainment has a potential upside of 64.8% from its current price of $0.91. Dolphin Entertainment has received no research coverage in the past 90 days.

Dividend Strength: Dolphin Entertainment (NASDAQ:DLPN)

Dolphin Entertainment does not currently pay a dividend. Dolphin Entertainment does not have a long track record of dividend growth.

Insiders buying/selling: Dolphin Entertainment (NASDAQ:DLPN)

In the past three months, Dolphin Entertainment insiders have not sold or bought any company stock. Only 18.30% of the stock of Dolphin Entertainment is held by insiders. Only 10.22% of the stock of Dolphin Entertainment is held by institutions.

Earnings and Valuation of Dolphin Entertainment (NASDAQ:DLPN

The P/E ratio of Dolphin Entertainment is -5.06, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings. The P/E ratio of Dolphin Entertainment is -5.06, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings. Dolphin Entertainment has a P/B Ratio of 1.63. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

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