Docebo (TSE:DCBO) Issues Earnings Results

Docebo (TSE:DCBO) announced its earnings results on Friday. The company reported C$0.78 earnings per share (EPS) for the quarter, FiscalAI reports. Docebo had a net margin of 13.23% and a return on equity of 114.70%. The company had revenue of C$100.13 million during the quarter.

Docebo Trading Down 3.7%

TSE DCBO opened at C$41.13 on Friday. Docebo has a 12 month low of C$19.87 and a 12 month high of C$44.92. The company has a 50-day moving average of C$36.66 and a 200-day moving average of C$28.76. The company has a debt-to-equity ratio of -30,643.19, a current ratio of 0.76 and a quick ratio of 3.25. The company has a market cap of C$1.03 billion, a P/E ratio of 35.77 and a beta of 0.37.

Wall Street Analyst Weigh In

Separately, ATB Cormark Capital Markets increased their price target on Docebo from C$35.00 to C$44.00 and gave the stock an “outperform” rating in a research note on Monday, August 10th. Two research analysts have rated the stock with a Buy rating. According to MarketBeat, the company presently has a consensus rating of “Buy” and an average price target of C$36.00.

Insider Activity

In related news, insider Mark Kosoglow sold 1,287 shares of the firm’s stock in a transaction that occurred on Wednesday, August 19th. The shares were sold at an average price of C$32.89, for a total value of C$42,329.43. Following the sale, the insider directly owned 1,478 shares of the company’s stock, valued at approximately C$48,611.42. This trade represents a 46.55% decrease in their ownership of the stock. Insiders have sold 2,288 shares of company stock valued at $76,251 over the last 90 days. 43.24% of the stock is currently owned by company insiders.

Docebo Company Profile

Docebo (NASDAQ: DCBO; TSX: DCBO) is the enterprise platform for the AI-era workforce, unifying skills intelligence, learning, and knowledge in one closed loop. Docebo gives organizations the tools to close skills gaps, develop talent, and perform at their best in an AI-driven world.