Cormark Issues Pessimistic Forecast for Docebo Earnings

Docebo Inc. (NASDAQ:DCBO - Free Report) - Stock analysts at Cormark cut their FY2025 EPS estimates for Docebo in a research note issued to investors on Monday, March 3rd. Cormark analyst G. Fairweather now forecasts that the company will earn $1.28 per share for the year, down from their previous forecast of $1.30. The consensus estimate for Docebo's current full-year earnings is $0.78 per share.

A number of other research firms also recently commented on DCBO. Atb Cap Markets raised shares of Docebo from a "hold" rating to a "strong-buy" rating in a report on Friday, February 28th. Craig Hallum upped their price target on shares of Docebo from $58.00 to $62.00 and gave the stock a "buy" rating in a research note on Monday, November 11th. Morgan Stanley set a $43.00 target price on Docebo in a report on Friday, February 28th. UBS Group set a $45.00 price objective on Docebo in a research report on Tuesday, March 4th. Finally, Scotiabank decreased their price objective on shares of Docebo from $55.00 to $45.00 and set a "sector outperform" rating for the company in a research note on Tuesday, March 4th. One analyst has rated the stock with a hold rating, nine have given a buy rating and one has issued a strong buy rating to the company's stock. According to MarketBeat.com, the stock currently has a consensus rating of "Buy" and a consensus price target of $53.18.

Docebo Stock Down 4.4 %

Shares of DCBO traded down $1.37 during midday trading on Thursday, hitting $29.67. The company had a trading volume of 147,069 shares, compared to its average volume of 83,792. The company has a quick ratio of 1.13, a current ratio of 1.13 and a debt-to-equity ratio of 0.01. Docebo has a 52 week low of $27.61 and a 52 week high of $53.86. The company's 50 day moving average price is $41.00 and its 200 day moving average price is $44.33. The stock has a market cap of $898.41 million, a price-to-earnings ratio of 51.16 and a beta of 1.60.

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Institutional Investors Weigh In On Docebo

Large investors have recently bought and sold shares of the business. Wellington Management Group LLP raised its holdings in Docebo by 1,047.0% in the 3rd quarter. Wellington Management Group LLP now owns 599,976 shares of the company's stock worth $26,518,000 after acquiring an additional 547,666 shares during the period. Hillsdale Investment Management Inc. boosted its position in shares of Docebo by 207.6% during the 4th quarter. Hillsdale Investment Management Inc. now owns 611,085 shares of the company's stock valued at $27,372,000 after acquiring an additional 412,403 shares in the last quarter. Artisan Partners Limited Partnership bought a new stake in shares of Docebo in the 4th quarter valued at approximately $17,163,000. Mackenzie Financial Corp raised its stake in Docebo by 4,534.3% during the fourth quarter. Mackenzie Financial Corp now owns 322,454 shares of the company's stock worth $14,444,000 after acquiring an additional 315,496 shares in the last quarter. Finally, TFJ Management LLC acquired a new stake in shares of Docebo during the 4th quarter worth about $12,138,000. 53.17% of the stock is currently owned by institutional investors.

Docebo Company Profile

Docebo Inc operates as a learning management software company that provides artificial intelligence (AI)-powered learning platform in North America and internationally. It offers Learning Management System (LMS) to train internal and external workforces, partners, and customers. The company's cloud platform consists of a learning suite, which includes Docebo Learn LMS, a cloud-based learning platform that allows learning administrators to deliver personalized learning; Docebo Shape, an AI-based learning content creation tool, which enables learning administrators to turn internal and external resources into engaging, multilingual, and microlearning content to share across the business; Docebo Content that allows off-the-shelf learning content by partnering content specialist; Docebo Learning Impact, a learning measurement tool that enables administrators to prove and improve training programs; Docebo Learn Data, which gives a comprehensive view on learning data to business results; Docebo Connect that connects Docebo to custom tech stack and making integrations; and Docebo Flow that allows businesses to directly inject learning into the flow of work.