Cormark Equities Analysts Lift Earnings Estimates for Dye & Durham Limited (TSE:DND)

Dye & Durham Limited (TSE:DNDFree Report) – Equities researchers at Cormark lifted their FY2024 EPS estimates for Dye & Durham in a note issued to investors on Wednesday, February 7th. Cormark analyst G. Fairweather now expects that the company will post earnings per share of ($0.38) for the year, up from their previous forecast of ($0.47). The consensus estimate for Dye & Durham’s current full-year earnings is $0.10 per share. Cormark also issued estimates for Dye & Durham’s FY2025 earnings at $0.36 EPS.

Several other research firms have also recently issued reports on DND. Raymond James cut their price objective on shares of Dye & Durham from C$25.00 to C$15.00 and set an “outperform” rating for the company in a research report on Tuesday, October 31st. BMO Capital Markets dropped their price target on shares of Dye & Durham from C$25.00 to C$18.00 in a research report on Tuesday, October 31st. CIBC dropped their price target on shares of Dye & Durham from C$23.00 to C$21.50 and set an “outperform” rating for the company in a research report on Wednesday. Finally, Scotiabank dropped their price target on shares of Dye & Durham from C$30.00 to C$25.00 and set an “outperform” rating for the company in a research report on Monday, October 23rd.

Read Our Latest Report on Dye & Durham

Dye & Durham Stock Performance

TSE:DND opened at C$13.59 on Friday. The company’s 50-day moving average price is C$13.56 and its 200-day moving average price is C$14.38. The company has a current ratio of 0.84, a quick ratio of 1.98 and a debt-to-equity ratio of 315.72. The company has a market cap of C$746.09 million, a P/E ratio of -4.79 and a beta of 2.12. Dye & Durham has a twelve month low of C$7.46 and a twelve month high of C$23.14.

Insider Activity at Dye & Durham

In other Dye & Durham news, insider Plantro Ltd. purchased 40,000 shares of Dye & Durham stock in a transaction that occurred on Friday, December 22nd. The stock was purchased at an average price of C$14.42 per share, for a total transaction of C$576,600.00. 29.21% of the stock is owned by insiders.

Dye & Durham Company Profile

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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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Earnings History and Estimates for Dye & Durham (TSE:DND)

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