Cormark Has Negative Outlook of Dye & Durham FY2025 Earnings

Dye & Durham Limited (TSE:DND - Free Report) - Stock analysts at Cormark decreased their FY2025 earnings per share (EPS) estimates for Dye & Durham in a note issued to investors on Tuesday, April 29th. Cormark analyst G. Fairweather now forecasts that the company will post earnings per share of ($0.63) for the year, down from their previous forecast of ($0.55). Cormark has a "Hold" rating on the stock. The consensus estimate for Dye & Durham's current full-year earnings is $0.11 per share. Cormark also issued estimates for Dye & Durham's FY2026 earnings at ($0.58) EPS.

DND has been the topic of a number of other research reports. Canaccord Genuity Group lowered their target price on Dye & Durham from C$27.50 to C$23.00 in a research note on Friday, February 14th. Scotiabank decreased their target price on Dye & Durham from C$20.00 to C$18.00 and set an "outperform" rating on the stock in a research report on Monday, April 28th. BMO Capital Markets decreased their target price on shares of Dye & Durham from C$22.00 to C$20.00 in a research report on Friday, February 14th. Finally, CIBC cut their price target on shares of Dye & Durham from C$25.00 to C$21.00 and set an "outperform" rating for the company in a report on Wednesday, April 16th. One analyst has rated the stock with a hold rating and five have assigned a buy rating to the stock. Based on data from MarketBeat.com, the company presently has an average rating of "Moderate Buy" and an average price target of C$21.64.

Dye & Durham Price Performance

DND stock traded down C$0.23 on Thursday, hitting C$8.69. 103,071 shares of the company's stock traded hands, compared to its average volume of 222,737. The company has a current ratio of 0.32, a quick ratio of 1.98 and a debt-to-equity ratio of 385.35. The stock has a market cap of C$605.15 million, a price-to-earnings ratio of -3.55 and a beta of 2.09. The stock has a fifty day moving average of C$10.45 and a 200-day moving average of C$14.82. Dye & Durham has a 1-year low of C$7.85 and a 1-year high of C$22.59.

Insider Buying and Selling

In other Dye & Durham news, insider Plantro Ltd. sold 15,000 shares of the stock in a transaction that occurred on Friday, February 21st. The stock was sold at an average price of C$12.00, for a total transaction of C$180,000.00. 25.60% of the stock is owned by corporate insiders.

Dye & Durham Company Profile

Dye & Durham Ltd is engaged in providing cloud-based software and technology solutions designed to improve efficiency and increase productivity for legal and business professionals. The company has business operations in Canada and the United Kingdom. The customers include law firms, financial service institutions, and government organizations.