Docebo (TSE:DCBO) Price Target Raised to C$36.00 at ATB Cormark Capital Markets

Docebo (TSE:DCBO) had its price target increased by ATB Cormark Capital Markets from C$35.00 to C$36.00 in a report released on Thursday,BayStreet.CA reports. They currently have an outperform rating on the stock.

Separately, TD Securities cut their price target on Docebo from C$37.00 to C$28.00 and set a “buy” rating on the stock in a research note on Monday, March 2nd. Two analysts have rated the stock with a Buy rating, According to MarketBeat.com, Docebo has a consensus rating of “Buy” and an average price target of C$39.67.

Docebo Trading Down 7.7%

Shares of DCBO opened at C$24.21 on Thursday. The company has a debt-to-equity ratio of 6.07, a current ratio of 1.15 and a quick ratio of 3.25. Docebo has a 12 month low of C$19.87 and a 12 month high of C$46.96. The stock’s 50-day moving average is C$24.54 and its two-hundred day moving average is C$28.86. The stock has a market cap of C$625.10 million, a PE ratio of 18.91 and a beta of 0.12.

Docebo (TSE:DCBO) last released its quarterly earnings results on Friday, February 27th. The company reported C$0.63 EPS for the quarter. Docebo had a return on equity of 73.40% and a net margin of 15.58%.The business had revenue of C$82.95 million for the quarter. Equities analysts forecast that Docebo will post 1.6842684 earnings per share for the current fiscal year.

Docebo Company Profile

Docebo Inc offers cloud-based learning platform for both internal and external enterprise learning with real time tracking of training results, optimizing time, and reducing costs associated with traditional learning methods. Geographically, it holds presence in five offices around the world, including locations in Europe, Asia and North America. The firm derives its revenues from two main sources: software as-a-service application (SaaS); and professional services revenue, which includes services such as initial project management, training, and integration.