dotdigital Group (LON:DOTD) Stock Price Target Cut by Canaccord Genuity Group

Key Points

• Canaccord Genuity Group cut dotdigital Group’s price target to GBX 130 from GBX 135, while maintaining a “buy” rating. The revised target implies approximately 145% upside from the stock’s GBX 53.06 price.
• dotdigital shares have traded between GBX 40.80 and GBX 76.00 over the past year, with a market capitalization of about £161 million and a P/E ratio of 18.05.
• The company reported quarterly EPS of GBX 5.09 and revenue of GBX 9,086 million, with a 10.76% net margin and 8.80% return on equity. Analysts expect full-year EPS of GBX 4.60.

dotdigital Group (LON:DOTD - Get Free Report) had its price objective reduced by Canaccord Genuity Group from GBX 135 to GBX 130 in a note issued to investors on Tuesday, Digital Look reports. The brokerage presently has a "buy" rating on the stock. Canaccord Genuity Group's price target indicates a potential upside of 145.00% from the stock's current price.

dotdigital Group Price Performance

DOTD stock opened at GBX 53.06 on Tuesday. The company has a debt-to-equity ratio of 1.46, a current ratio of 3.11 and a quick ratio of 3.94. The firm has a market capitalization of £161.04 million, a P/E ratio of 18.05, a P/E/G ratio of 11.36 and a beta of 1.43. The business's 50-day moving average is GBX 51.97 and its two-hundred day moving average is GBX 51.64. dotdigital Group has a 1 year low of GBX 40.80 and a 1 year high of GBX 76.

dotdigital Group (LON:DOTD - Get Free Report) last released its quarterly earnings data on Tuesday, November 3rd. The company reported GBX 5.09 earnings per share (EPS) for the quarter. The business had revenue of GBX 9,086 million during the quarter. dotdigital Group had a net margin of 10.76% and a return on equity of 8.80%. Analysts anticipate that dotdigital Group will post 4.60 earnings per share for the current fiscal year.

About dotdigital Group

Dotdigital Group plc AIM: DOTD is the leading SaaS provider of an AI-powered customer experience and data platform for intelligent, personalised marketing engagement at scale. Dotdigital's customer experience and data platform (CXDP) combines the power of automation and AI to help businesses deliver hyper-relevant customer experiences at scale. With Dotdigital, marketing teams can unify and enrich their customer data, identify valuable customer segments, and deliver personalised cross-channel customer journeys that result in engagements, conversions, and loyalty. Founded in 1999, Dotdigital is headquartered in London with offices in Manchester, Southampton, New York, Melbourne, Sydney, Singapore, Tokyo and Cape Town.

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