Dye & Durham (DND) Scheduled to Post Earnings on Thursday

Dye & Durham (TSE:DND) is scheduled to be posting its quarterly earnings results after the market closes on Thursday, November 7th.

Dye & Durham (TSE:DND) last released its quarterly earnings data on Wednesday, September 4th. The company reported C$0.12 earnings per share (EPS) for the quarter. Dye & Durham had a negative return on equity of 42.91% and a negative net margin of 38.23%. The company had revenue of C$120.12 million during the quarter, compared to the consensus estimate of C$119.81 million.

Dye & Durham Stock Performance

Dye & Durham stock opened at C$19.78 on Wednesday. The business has a 50 day moving average of C$15.99 and a 200-day moving average of C$14.20. Dye & Durham has a 1 year low of C$9.45 and a 1 year high of C$20.01. The company has a debt-to-equity ratio of 402.18, a current ratio of 1.00 and a quick ratio of 1.98. The company has a market capitalization of C$1.32 billion, a P/E ratio of -6.75 and a beta of 2.09.

Dye & Durham Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Thursday, September 19th. Stockholders of record on Thursday, September 12th were paid a $0.019 dividend. This represents a $0.08 annualized dividend and a dividend yield of 0.38%. The ex-dividend date of this dividend was Thursday, September 12th. Dye & Durham’s dividend payout ratio is currently -2.73%.

Analyst Ratings Changes

Several research analysts have recently issued reports on the company. Cormark lowered their price objective on Dye & Durham from C$23.00 to C$17.50 in a research note on Monday, July 22nd. CIBC upped their price objective on Dye & Durham from C$21.00 to C$22.00 and gave the company an “outperform” rating in a research note on Thursday, September 5th. Finally, BMO Capital Markets upped their target price on Dye & Durham from C$18.00 to C$23.00 and gave the company an “outperform” rating in a report on Wednesday, October 23rd. Five investment analysts have rated the stock with a buy rating, Based on data from MarketBeat.com, Dye & Durham has a consensus rating of “Buy” and a consensus price target of C$22.08.

Dye & Durham Company Profile

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.