Dye & Durham (TSE:DND - Get Free Report) had its price objective raised by equities research analysts at Raymond James from C$16.00 to C$22.00 in a research report issued on Wednesday, BayStreet.CA reports. The firm currently has an "outperform" rating on the stock. Raymond James' target price points to a potential upside of 59.77% from the stock's previous close.
Several other equities research analysts have also recently issued reports on the stock. Canaccord Genuity Group cut their price objective on shares of Dye & Durham from C$30.00 to C$25.00 and set a "buy" rating for the company in a research report on Monday, February 12th. Scotiabank reduced their price target on shares of Dye & Durham from C$24.00 to C$23.00 in a research report on Wednesday. Cormark lowered their price objective on Dye & Durham from C$24.00 to C$23.00 in a research report on Wednesday, February 14th. Finally, CIBC cut their target price on Dye & Durham from C$21.50 to C$21.00 and set an "outperform" rating for the company in a research note on Wednesday, February 14th.
View Our Latest Stock Analysis on DND
Dye & Durham Price Performance
Shares of DND traded down C$0.38 during mid-day trading on Wednesday, hitting C$13.77. 416,218 shares of the company were exchanged, compared to its average volume of 194,276. The company has a debt-to-equity ratio of 342.22, a quick ratio of 1.98 and a current ratio of 0.89. Dye & Durham has a 1-year low of C$7.46 and a 1-year high of C$21.21. The stock has a market cap of C$921.08 million, a price-to-earnings ratio of -4.69 and a beta of 2.16. The company has a 50 day moving average of C$15.04 and a 200-day moving average of C$13.70.
Dye & Durham (TSE:DND - Get Free Report) last issued its earnings results on Tuesday, February 13th. The company reported C$0.11 EPS for the quarter. The business had revenue of C$110.18 million during the quarter, compared to analysts' expectations of C$108.20 million. Dye & Durham had a negative net margin of 37.99% and a negative return on equity of 35.81%. Analysts expect that Dye & Durham will post 0.1101028 EPS for the current fiscal year.
About Dye & Durham
(
Get Free Report)
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.
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