In today’s session DTS Inc. (DTSI) registered an unusually high (250) contracts volume of call trades. Someone, most probably a professional was a very active buyer of the December, 2016 call, expecting serious DTSI increase. With 250 contracts traded and 1204 open interest for the Dec, 16 contract, it seems this is a quite bullish bet. The option with symbol: DTSI161216C00045000 closed last at: $0.15 or 81.3% down. About 75,140 shares traded hands. DTS Inc. (NASDAQ:DTSI) has risen 79.70% since March 3, 2016 and is uptrending. It has outperformed by 71.36% the S&P500.
Analysts await DTS Inc. (NASDAQ:DTSI) to report earnings on November, 14. They expect $0.41 earnings per share, up 115.79% or $0.22 from last year’s $0.19 per share. DTSI’s profit will be $7.25 million for 25.85 P/E if the $0.41 EPS becomes a reality. After $0.54 actual earnings per share reported by DTS Inc. for the previous quarter, Wall Street now forecasts -24.07% negative EPS growth.
DTS Inc. (NASDAQ:DTSI) Ratings Coverage
Out of 7 analysts covering DTS (NASDAQ:DTSI), 3 rate it a “Buy”, 0 “Sell”, while 4 “Hold”. This means 43% are positive. DTS has been the topic of 13 analyst reports since August 11, 2015 according to StockzIntelligence Inc. The rating was maintained by William Blair on Sunday, September 6 with “Outperform”. The stock has “Buy” rating given by B. Riley & Co on Tuesday, August 11. The firm has “Outperform” rating given on Thursday, September 10 by Barrington Research. The firm has “Neutral” rating given on Tuesday, September 20 by Dougherty & Company. The firm has “Outperform” rating by Barrington Research given on Thursday, August 11. JP Morgan downgraded DTS Inc. (NASDAQ:DTSI) rating on Thursday, September 3. JP Morgan has “Underweight” rating and $36 price target. The firm has “Market Perform” rating by William Blair given on Tuesday, September 20. The rating was maintained by Dougherty & Company with “Buy” on Tuesday, November 10. Vetr downgraded it to “Buy” rating and $31.14 target price in Friday, September 4 report. The stock of DTS Inc. (NASDAQ:DTSI) earned “Outperform” rating by Barrington Research on Thursday, November 12.
According to Zacks Investment Research, “DTS, Inc. is a digital technology company dedicated to delivering the ultimate entertainment experience. DTS decoders are in virtually every major brand of 5.1-channel surround processors, and there are more than 300 million DTS-licensed consumer electronics products available worldwide. A pioneer in multi-channel audio, DTS technology is in home theatre, car audio, PC and game console products, as well as DVD-Video, Surround Music and DVD-ROM software.”
Insitutional Activity: The institutional sentiment decreased to 1.13 in 2016 Q2. Its down 0.01, from 1.14 in 2016Q1. The ratio fall, as 10 funds sold all DTS Inc. shares owned while 30 reduced positions. 12 funds bought stakes while 33 increased positions. They now own 17.50 million shares or 0.78% more from 17.37 million shares in 2016Q1.
Alliancebernstein Limited Partnership has 20,318 shares for 0% of their US portfolio. Blackrock Limited has 0% invested in the company for 25,288 shares. Trigran Investments last reported 1.87M shares in the company. Redmond Asset Management Ltd Co last reported 0.2% of its portfolio in the stock. Moreover, Westwood Holding Grp Inc has 0.1% invested in DTS Inc. (NASDAQ:DTSI) for 423,697 shares. Nationwide Fund Advsrs last reported 110,931 shares in the company. Bnp Paribas Arbitrage has 0% invested in the company for 5,391 shares. Blackrock Fund Advsrs holds 1.16M shares or 0.01% of its portfolio. Blackrock Advsr Ltd holds 0% of its portfolio in DTS Inc. (NASDAQ:DTSI) for 8,567 shares. Moreover, Comerica Bank & Trust has 0% invested in DTS Inc. (NASDAQ:DTSI) for 17,371 shares. Blackrock Inv Management Limited Liability holds 0% of its portfolio in DTS Inc. (NASDAQ:DTSI) for 77,639 shares. Savings Bank Of America Corp De accumulated 0% or 1,651 shares. Virginia Retirement Systems Et Al reported 40,900 shares or 0.02% of all its holdings. Great West Life Assurance Can holds 0% or 1,086 shares in its portfolio. Disciplined Growth Inc Mn has 276,934 shares for 0.18% of their US portfolio.
DTS, Inc. is an audio technology solutions well-known provider for high-definition entertainment experiences. The company has a market cap of $749.14 million. The Company’s audio solutions are designed to enable recording, delivery and playback of high-definition audio, and are included by licensee clients around the world into a range of consumer electronics devices, including televisions, personal computers , smartphones, tablets, digital media players (DMPs), set-top-boxes, soundbars, wireless speakers, video game consoles, Blu-ray Disc players, automotive audio systems, audio/video receivers (AVRs), digital versatile disc (DVD) products and home theater systems. It currently has negative earnings. In the wireless speakers market, the Company maintains a Play-Fi Certified original design maker (ODM) Program.
DTSI Company Profile
DTS, Inc., incorporated on October 1, 1997, is an audio technology solutions well-known provider for high-definition entertainment experiences. The Company’s audio solutions are designed to enable recording, delivery and playback of high-definition audio, and are included by licensee clients around the world into a range of consumer electronics devices, including televisions, personal computers (PCs), smartphones, tablets, digital media players (DMPs), set-top-boxes, soundbars, wireless speakers, video game consoles, Blu-ray Disc players, automotive audio systems, audio/video receivers (AVRs), digital versatile disc (DVD) products and home theater systems. In the wireless speakers market, the Company maintains a Play-Fi Certified original design maker (ODM) Program, which includes various audio manufacturers, such as Amtran Technology, Anam Electronics, Eastech Electronics Inc., Fenda Technology Co., Ltd., Hansong Technology, LiteOn Technology Corporation, Meiloon Industrial Co. Ltd., Solidex Audio Corporation, Tymphany Corporation, Wistron Corporation and Zylux Acoustic Corp. The Company’s market base includes Blu-ray, Home audio video (AV) and Automotive. The Blu-ray market includes standalone players, gaming devices and disc drives included in PCs. The Home AV market includes AVRs, soundbars, DVD players and other home theater equipment. The Company’s Automotive market consists of infotainment systems.
More notable recent DTS Inc. (NASDAQ:DTSI) news were published by: Streetinsider.com which released: “DTS, Inc. (DTSI) Announces Acquisition of Arctic Palm Technology” on October 06, 2016, also Finance.Yahoo.com with their article: “DTS, INC. SHAREHOLDER ALERT: Rigrodsky & Long, P.A. Announces Investigation Of …” published on September 20, 2016, Prnewswire.com published: “DTS SHAREHOLDER NOTICE: Faruqi & Faruqi, LLP Announces the Investigation of …” on September 23, 2016. More interesting news about DTS Inc. (NASDAQ:DTSI) were released by: Prnewswire.com and their article: “Ryan & Maniskas, LLP Announces Investigation of DTS Inc.” published on September 21, 2016 as well as Investorplace.com‘s news article titled: “Why DTS Inc. (DTSI), FedEx Corporation (FDX), and Tobira Therapeutics Inc …” with publication date: September 20, 2016.
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