Cormark Has Negative Outlook of Dye & Durham FY2025 Earnings

Dye & Durham Limited (TSE:DND - Free Report) - Cormark decreased their FY2025 earnings per share estimates for Dye & Durham in a report released on Wednesday, October 23rd. Cormark analyst G. Fairweather now anticipates that the company will post earnings per share of ($0.02) for the year, down from their prior estimate of $0.02. The consensus estimate for Dye & Durham's current full-year earnings is $0.11 per share.

A number of other research analysts also recently commented on DND. CIBC increased their price target on Dye & Durham from C$21.00 to C$22.00 and gave the company an "outperform" rating in a report on Thursday, September 5th. BMO Capital Markets increased their price target on Dye & Durham from C$18.00 to C$23.00 and gave the company an "outperform" rating in a report on Wednesday, October 23rd. Five analysts have rated the stock with a buy rating, According to MarketBeat, the company currently has an average rating of "Buy" and a consensus target price of C$22.08.

Dye & Durham Stock Up 0.7 %

Shares of DND stock traded up C$0.13 during trading hours on Monday, reaching C$19.45. The company had a trading volume of 63,174 shares, compared to its average volume of 152,058. The company has a market capitalization of C$1.30 billion, a P/E ratio of -6.64 and a beta of 2.09. Dye & Durham has a twelve month low of C$8.00 and a twelve month high of C$19.64. The company has a debt-to-equity ratio of 402.18, a quick ratio of 1.98 and a current ratio of 1.00. The stock's fifty day simple moving average is C$15.35 and its 200 day simple moving average is C$14.05.

Dye & Durham (TSE:DND - Get Free Report) last posted its earnings results on Wednesday, September 4th. The company reported C$0.12 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$120.12 million during the quarter, compared to analyst estimates of C$119.81 million.

Dye & Durham Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Thursday, September 19th. Shareholders of record on Thursday, September 12th were issued a dividend of $0.019 per share. This represents a $0.08 dividend on an annualized basis and a yield of 0.39%. The ex-dividend date was Thursday, September 12th. Dye & Durham's dividend payout ratio is presently -2.73%.

About Dye & Durham

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.