Dye & Durham (TSE:DND) Price Target Increased to C$23.00 by Analysts at BMO Capital Markets

Dye & Durham (TSE:DND - Get Free Report) had its price target boosted by investment analysts at BMO Capital Markets from C$18.00 to C$23.00 in a research report issued to clients and investors on Wednesday, BayStreet.CA reports. The firm currently has an "outperform" rating on the stock. BMO Capital Markets' price objective indicates a potential upside of 19.48% from the stock's current price.

Several other research firms have also weighed in on DND. Cormark reduced their price objective on shares of Dye & Durham from C$23.00 to C$17.50 in a research note on Monday, July 22nd. CIBC upped their price objective on shares of Dye & Durham from C$21.00 to C$22.00 and gave the company an "outperform" rating in a research report on Thursday, September 5th. Five equities research analysts have rated the stock with a buy rating, According to data from MarketBeat, Dye & Durham has a consensus rating of "Buy" and an average target price of C$22.08.

Dye & Durham Trading Up 4.1 %

Shares of TSE DND traded up C$0.75 during mid-day trading on Wednesday, hitting C$19.25. The company's stock had a trading volume of 405,783 shares, compared to its average volume of 152,688. The company's fifty day simple moving average is C$14.87 and its 200-day simple moving average is C$13.96. The company has a debt-to-equity ratio of 402.18, a current ratio of 1.00 and a quick ratio of 1.98. Dye & Durham has a one year low of C$7.46 and a one year high of C$19.48. The stock has a market cap of C$1.29 billion, a price-to-earnings ratio of -6.56 and a beta of 2.09.

Dye & Durham (TSE:DND - Get Free Report) last posted its quarterly earnings results on Wednesday, September 4th. The company reported C$0.12 earnings per share (EPS) for the quarter. The business had revenue of C$120.12 million for the quarter, compared to analyst estimates of C$119.81 million. Dye & Durham had a negative return on equity of 42.91% and a negative net margin of 38.23%. On average, sell-side analysts anticipate that Dye & Durham will post 0.1121051 earnings per share for the current fiscal year.

Dye & Durham Company Profile

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.