What is Cormark's Forecast for Dye & Durham FY2026 Earnings?

Key Points

• Cormark analysts have revised down Dye & Durham's FY2026 earnings forecast to ($0.78) per share, a significant drop from the previous estimate of ($0.52).
• The consensus estimate for the company's current full-year earnings stands at $0.11 per share, contrasting sharply with the revised FY2026 outlook.
• The stock has faced multiple rating changes from various analysts, with a current average rating of "Moderate Buy" and an average price target of C$16.43.

Dye & Durham Limited (TSE:DND - Free Report) - Stock analysts at Cormark dropped their FY2026 earnings estimates for shares of Dye & Durham in a research report issued on Thursday, October 9th. Cormark analyst G. Fairweather now anticipates that the company will earn ($0.78) per share for the year, down from their previous forecast of ($0.52). The consensus estimate for Dye & Durham's current full-year earnings is $0.11 per share.

DND has been the subject of a number of other research reports. Canaccord Genuity Group reduced their price target on Dye & Durham from C$16.00 to C$14.50 and set a "buy" rating for the company in a research report on Wednesday, July 9th. Cibc World Mkts cut Dye & Durham from a "strong-buy" rating to a "hold" rating in a research report on Friday, October 3rd. CIBC cut Dye & Durham from an "outperform" rating to a "neutral" rating and reduced their price target for the stock from C$16.00 to C$8.50 in a research report on Friday, October 3rd. Scotiabank upped their price target on Dye & Durham from C$14.00 to C$16.00 and gave the stock an "outperform" rating in a research report on Thursday, July 31st. Finally, Raymond James Financial reduced their price target on Dye & Durham from C$17.00 to C$15.00 and set an "outperform" rating for the company in a research report on Wednesday, July 16th. Four research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company. Based on data from MarketBeat, the company has an average rating of "Moderate Buy" and a consensus price target of C$16.43.

Dye & Durham Stock Performance

Shares of DND opened at C$6.72 on Monday. The company has a quick ratio of 1.98, a current ratio of 0.32 and a debt-to-equity ratio of 385.35. The business has a 50-day simple moving average of C$9.59 and a two-hundred day simple moving average of C$9.53. The stock has a market cap of C$451.58 million, a price-to-earnings ratio of -2.75 and a beta of 2.26. Dye & Durham has a 52 week low of C$6.70 and a 52 week high of C$22.59.

About Dye & Durham

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.