Dye & Durham (TSE:DND - Get Free Report) had its target price dropped by equities research analysts at Raymond James Financial from C$17.00 to C$15.00 in a report released on Wednesday,BayStreet.CA reports. The firm currently has an "outperform" rating on the stock. Raymond James Financial's target price would suggest a potential upside of 58.90% from the company's current price. Raymond James Financial also issued estimates for Dye & Durham's FY2025 earnings at ($0.93) EPS and FY2026 earnings at ($0.74) EPS.
Several other equities research analysts have also recently weighed in on DND. Cormark raised shares of Dye & Durham from a "hold" rating to a "moderate buy" rating in a research report on Tuesday, June 3rd. BMO Capital Markets decreased their target price on shares of Dye & Durham from C$20.00 to C$16.00 and set an "outperform" rating for the company in a report on Thursday, May 22nd. CIBC decreased their target price on shares of 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 decreased their target price on shares of 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. Finally, Canaccord Genuity Group decreased their target price on shares of 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 research analysts have rated the stock with a buy rating, According to data from MarketBeat.com, the company has an average rating of "Buy" and an average target price of C$17.71.
View Our Latest Report on Dye & Durham
Dye & Durham Price Performance
Shares of TSE:DND traded up C$0.08 during trading on Wednesday, reaching C$9.44. The company had a trading volume of 52,682 shares, compared to its average volume of 235,618. Dye & Durham has a 12 month low of C$7.85 and a 12 month high of C$22.59. The stock has a market capitalization of C$657.38 million, a P/E ratio of -3.85 and a beta of 2.09. The company has a fifty day moving average of C$9.80 and a two-hundred day moving average of C$11.51. The company has a current ratio of 0.32, a quick ratio of 1.98 and a debt-to-equity ratio of 385.35.
Insider Buying and Selling
In related news, insider Plantro Ltd. sold 350,000 shares of the company's stock in a transaction on Monday, June 2nd. The shares were sold at an average price of C$10.29, for a total transaction of C$3,599,750.00. Also, Senior Officer Avjit Kamboj bought 10,681 shares of the company's stock in a transaction that occurred on Monday, June 23rd. The shares were bought at an average price of C$9.36 per share, with a total value of C$99,974.16. Over the last ninety days, insiders have acquired 247,681 shares of company stock valued at $2,428,784. 25.60% of the stock is owned by corporate 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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