Kartoon Studios Inc. (TOON)

Market Cap	43.25M
Revenue (ttm)	44.09M
Net Income (ttm)	-77.10M
Shares Out	39.68M
EPS (ttm)	-2.29
PE Ratio	n/a
Forward PE	n/a
Dividend	n/a
Ex-Dividend Date	n/a

Volume	70,461
Open	1.060
Previous Close	1.080
Day's Range	1.060 - 1.100
52-Week Range	0.935 - 3.450
Beta	2.54
Analysts	Strong Buy
Price Target	10.00 (+817.43%)
Earnings Date	May 20, 2024

About TOON

Kartoon Studios Inc., a content and brand management company, creates, produces, licenses, and broadcasts educational and multimedia animated content for children worldwide. The company offers Shaq's Garage, a children's animated series about the secret adventures; Cocomelon that provides 3D animation videos of traditional nursery rhymes and children's songs; Eggventurers, a preschool animated series; Barbie Productions that provides animated Barbie series; Octonauts, a children's television series based on the children's books; Roblox Rumble, ...

• Industry: Entertainment
• Sector: Communication Services
• Founded: 2006
• Employees: 242
• Stock Exchange: NYSEAMERICAN
• Ticker Symbol: TOON

Financial Performance

In 2023, TOON's revenue was $44.09 million, a decrease of -29.24% compared to the previous year's $62.30 million. Losses were -$77.10 million, 69.1% more than in 2022.

Analyst Forecast

According to one analyst, the rating for TOON stock is "Strong Buy" and the 12-month stock price forecast is $10.0.

Price Target

$10.0

(817.43% upside)

Analyst Consensus: Strong Buy