Nexxen International (NASDAQ:NEXN) Posts Earnings Results, Beats Estimates By $0.13 EPS

Nexxen International (NASDAQ:NEXN) issued its earnings results on Wednesday. The company reported $0.45 EPS for the quarter, beating analysts’ consensus estimates of $0.32 by $0.13, Zacks reports. Nexxen International had a return on equity of 7.49% and a net margin of 3.96%. Nexxen International updated its FY 2025 guidance to EPS.

Nexxen International Price Performance

NASDAQ NEXN traded up $1.34 on Wednesday, hitting $8.76. The stock had a trading volume of 119,099 shares, compared to its average volume of 71,005. The firm has a 50-day moving average of $16.99 and a 200-day moving average of $16.89. The company has a debt-to-equity ratio of 0.04, a quick ratio of 1.43 and a current ratio of 1.43. Nexxen International has a 52-week low of $6.93 and a 52-week high of $21.88. The company has a market capitalization of $565.24 million, a price-to-earnings ratio of 217.10 and a beta of 1.89.

Wall Street Analysts Forecast Growth

Several equities research analysts have recently commented on NEXN shares. Royal Bank of Canada boosted their price objective on Nexxen International from $22.00 to $26.00 and gave the company an “outperform” rating in a report on Friday, January 3rd. JMP Securities restated a “market outperform” rating and set a $22.00 price target on shares of Nexxen International in a research note on Monday, January 27th. Finally, Needham & Company LLC lifted their price objective on shares of Nexxen International from $19.00 to $24.00 and gave the company a “buy” rating in a report on Tuesday, December 10th. One analyst has rated the stock with a hold rating and four have assigned a buy rating to the company’s stock. According to MarketBeat, the stock has an average rating of “Moderate Buy” and an average target price of $20.40.

About Nexxen International

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.