Dye & Durham (TSE:DND - Get Free Report) had its price objective increased by equities researchers at CIBC from C$22.00 to C$30.00 in a research note issued on Wednesday,BayStreet.CA reports. The firm presently has an "outperform" rating on the stock. CIBC's price target would indicate a potential upside of 56.66% from the stock's previous close.
DND has been the topic of a number of other reports. Canaccord Genuity Group boosted their price target on Dye & Durham from C$27.00 to C$30.00 in a report on Friday, November 29th. Canaccord Genuity Group lowered their target price on shares of Dye & Durham from C$30.00 to C$27.50 and set a "buy" rating on the stock in a report on Wednesday. Finally, BMO Capital Markets raised their target price on shares of Dye & Durham from C$18.00 to C$23.00 and gave the company an "outperform" rating in a research note on Wednesday, October 23rd. Six analysts have rated the stock with a buy rating, According to data from MarketBeat, Dye & Durham currently has a consensus rating of "Buy" and an average price target of C$24.71.
Read Our Latest Analysis on Dye & Durham
Dye & Durham Price Performance
Shares of TSE DND traded down C$0.76 during midday trading on Wednesday, reaching C$19.15. The stock had a trading volume of 207,376 shares, compared to its average volume of 153,527. The company has a market capitalization of C$1.28 billion, a price-to-earnings ratio of -6.54 and a beta of 2.09. Dye & Durham has a 12-month low of C$10.92 and a 12-month high of C$22.59. The stock has a 50-day moving average of C$18.61 and a 200-day moving average of C$15.15. The company has a debt-to-equity ratio of 402.18, a quick ratio of 1.98 and a current ratio of 1.00.
Dye & Durham (TSE:DND - Get Free Report) last issued its quarterly earnings results on Thursday, November 7th. The company reported C($0.14) earnings per share (EPS) for the quarter. Dye & Durham had a negative return on equity of 42.91% and a negative net margin of 38.23%. The business had revenue of C$119.93 million during the quarter, compared to analysts' expectations of C$120.30 million. As a group, research analysts anticipate that Dye & Durham will post 0.1121051 EPS for the current fiscal year.
Dye & Durham Company Profile
(
Get Free Report)
Dye & Durham Limited, together with its subsidiaries, provides cloud-based software and technology solutions for law firms, financial service institutions, sole-practitioner law firms, and government organizations in Canada, Australia, South Africa, Ireland, and the United Kingdom. It offers Practice Management, a real estate workflow and practice management software that enables legal professionals to execute every transaction with reliability, security, and ease; Data Insights and Due Diligence, a software that aggregates proprietary data and public records into valuable insights; and Payments Infrastructure, a software that helps people pay their bills and taxes in real time, as well as enables digital mortgage processing, and an integrated information search and managed banking services.
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