Dye & Durham (TSE:DND - Get Free Report) had its price objective cut by analysts at Raymond James Financial from C$17.00 to C$15.00 in a research report issued to clients and investors on Wednesday,BayStreet.CA reports. The firm currently has an "outperform" rating on the stock. Raymond James Financial's price target suggests a potential upside of 58.90% from the stock's previous close. Raymond James Financial also issued estimates for Dye & Durham's FY2025 earnings at ($0.93) EPS and FY2026 earnings at ($0.74) EPS.
A number of other equities analysts have also recently commented on the stock. BMO Capital Markets reduced their price objective on shares of Dye & Durham from C$20.00 to C$16.00 and set an "outperform" rating for the company in a research report on Thursday, May 22nd. CIBC dropped their target price on Dye & Durham from C$21.00 to C$17.00 and set an "outperform" rating for the company in a report on Thursday, May 22nd. Scotiabank dropped their target price on Dye & Durham from C$18.00 to C$14.00 and set an "outperform" rating for the company in a report on Thursday, May 22nd. Cormark raised Dye & Durham from a "hold" rating to a "moderate buy" rating in a report on Tuesday, June 3rd. Finally, Canaccord Genuity Group dropped their target price on Dye & Durham from C$16.00 to C$14.50 and set a "buy" rating for the company in a report on Wednesday, July 9th. Five equities research analysts have rated the stock with a buy rating, Based on data from MarketBeat, the stock currently has an average rating of "Buy" and an average price target of C$17.71.
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Dye & Durham Stock Performance
DND stock traded up C$0.08 during midday trading on Wednesday, reaching C$9.44. 52,682 shares of the company were exchanged, compared to its average volume of 235,618. The company has a debt-to-equity ratio of 385.35, a current ratio of 0.32 and a quick ratio of 1.98. The business has a 50-day moving average price of C$9.80 and a two-hundred day moving average price of C$11.56. Dye & Durham has a one year low of C$7.85 and a one year high of C$22.59. The firm has a market capitalization of C$657.38 million, a price-to-earnings ratio of -3.85 and a beta of 2.09.
Insider Transactions at Dye & Durham
In related news, Senior Officer Avjit Kamboj purchased 10,681 shares of the company's stock in a transaction that occurred on Monday, June 23rd. The stock was acquired at an average price of C$9.36 per share, with a total value of C$99,974.16. Also, insider Plantro Ltd. sold 350,000 shares of the business's stock in a transaction dated Monday, June 2nd. The shares were sold at an average price of C$10.29, for a total value of C$3,599,750.00. In the last ninety days, insiders purchased 247,681 shares of company stock valued at $2,428,784. 25.60% of the stock is owned by insiders.
Dye & Durham Company Profile
(
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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.
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