Docebo (DCBO) Set to Announce Quarterly Earnings on Thursday

Docebo (NASDAQ:DCBOGet Free Report) will announce its earnings results after the market closes on Thursday, May 9th. Analysts expect the company to announce earnings of $0.16 per share for the quarter. Docebo has set its Q1 2024 guidance at EPS.

Docebo (NASDAQ:DCBOGet Free Report) last released its quarterly earnings results on Friday, February 23rd. The company reported $0.21 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.09 by $0.12. Docebo had a net margin of 1.57% and a return on equity of 12.45%. The firm had revenue of $49.28 million during the quarter, compared to the consensus estimate of $48.46 million. On average, analysts expect Docebo to post $1 EPS for the current fiscal year and $1 EPS for the next fiscal year.

Docebo Stock Performance

Shares of Docebo stock opened at $46.66 on Tuesday. The stock has a market cap of $1.42 billion, a price-to-earnings ratio of 518.44 and a beta of 1.64. Docebo has a twelve month low of $29.40 and a twelve month high of $56.41. The company’s fifty day moving average is $48.79 and its 200 day moving average is $46.83. The company has a quick ratio of 1.26, a current ratio of 1.26 and a debt-to-equity ratio of 0.01.

Wall Street Analysts Forecast Growth

Several equities research analysts have recently weighed in on the company. CIBC increased their price target on Docebo from $49.81 to $58.00 and gave the company an “outperform” rating in a research note on Thursday, January 11th. TheStreet upgraded shares of Docebo from a “d+” rating to a “c-” rating in a research report on Monday, March 18th. Morgan Stanley decreased their price objective on shares of Docebo from $67.00 to $65.00 and set an “overweight” rating for the company in a research report on Friday, April 19th. The Goldman Sachs Group boosted their target price on shares of Docebo from $44.00 to $55.00 and gave the company a “neutral” rating in a report on Monday, February 26th. Finally, Eight Capital decreased their price target on Docebo from $75.00 to $65.00 and set a “buy” rating for the company in a report on Monday, February 26th. One analyst has rated the stock with a hold rating and ten have assigned a buy rating to the company. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus target price of $61.40.

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Docebo Company Profile

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Docebo Inc operates as a learning management software company that provides artificial intelligence (AI)-powered learning platform in North America and internationally. It offers Learning Management System (LMS) to train internal and external workforces, partners, and customers. The company's cloud platform consists of a learning suite, which includes Docebo Learn LMS, a cloud-based learning platform that allows learning administrators to deliver personalized learning; Docebo Shape, an AI-based learning content creation tool, which enables learning administrators to turn internal and external resources into engaging, multilingual, and microlearning content to share across the business; Docebo Content that allows off-the-shelf learning content by partnering content specialist; Docebo Learning Impact, a learning measurement tool that enables administrators to prove and improve training programs; Docebo Learn Data, which gives a comprehensive view on learning data to business results; Docebo Connect that connects Docebo to custom tech stack and making integrations; and Docebo Flow that allows businesses to directly inject learning into the flow of work.

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Earnings History for Docebo (NASDAQ:DCBO)

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