Dye & Durham (TSE:DND) PT Raised to C$22.00

Dye & Durham (TSE:DND) had its target price upped by analysts at CIBC from C$21.00 to C$22.00 in a research report issued on Thursday, BayStreet.CA reports. The firm currently has an “outperform” rating on the stock. CIBC’s price target would indicate a potential upside of 66.04% from the company’s previous close.

DND has been the topic of a number of other reports. Raymond James boosted their price objective on Dye & Durham from C$16.00 to C$22.00 and gave the company an “outperform” rating in a research note on Wednesday, May 15th. Cormark cut their price target on Dye & Durham from C$23.00 to C$17.50 in a report on Monday, July 22nd. Finally, Scotiabank reduced their price target on Dye & Durham from C$24.00 to C$23.00 in a research report on Wednesday, May 15th.

Dye & Durham Stock Down 0.4 %

DND stock opened at C$13.25 on Thursday. The stock’s 50 day moving average is C$13.20 and its 200-day moving average is C$13.68. Dye & Durham has a twelve month low of C$7.46 and a twelve month high of C$20.54. The firm has a market capitalization of C$886.43 million, a PE ratio of -4.89 and a beta of 2.07. The company has a quick ratio of 1.98, a current ratio of 1.33 and a debt-to-equity ratio of 286.80.

Dye & Durham (TSE:DND) last posted its earnings results on Wednesday, September 4th. The company reported C$0.12 earnings per share (EPS) for the quarter. The firm had revenue of C$120.12 million during the quarter, compared to analyst estimates of C$119.81 million. Dye & Durham had a negative net margin of 34.81% and a negative return on equity of 31.62%. Sell-side analysts expect that Dye & Durham will post 0.1015974 EPS for the current fiscal year.

About Dye & Durham

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.