Other equities research analysts have also recently issued reports about the stock. Analysts at Dougherty & Co raised their price target on shares of DTS from $30.00 to $34.00 in a research note to investors on Tuesday. Separately, analysts at Brigantine initiated coverage on shares of DTS in a research note to investors on Wednesday, March 14th. They set a “buy” rating and a $33.00 price target on the stock. Finally, analysts at JPMorgan Chase (NYSE: JPM) upgraded shares of DTS from an “underweight” rating to a “neutral” rating in a research note to investors on Thursday, March 8th.
Shares of DTS traded down 2.85% during mid-day trading on Tuesday, hitting $28.65. DTS has a one year low of $20.93 and a one year high of $47.19. The company has a market cap of $472.7 million and a P/E ratio of 30.78.
DTS last issued its quarterly earnings data on Monday, May 7th. The company reported $0.37 earnings per share for the quarter, beating the analysts’ consensus estimate of $0.35 by $0.02. DTS’s revenue was up .4% compared to the same quarter last year. On average, analysts predict that DTS will post $0.37 earnings per share next quarter.
DTS, Inc. is a provider of branded entertainment technologies, which are incorporated into an array of entertainment products by licensee customers worldwide.