Dye & Durham (DND) Set to Announce Quarterly Earnings on Tuesday

Dye & Durham (TSE:DND) will post its quarterly earnings results after the market closes on Tuesday, May 14th.

Dye & Durham (TSE:DND) last released its quarterly earnings data on Tuesday, February 13th. The company reported C$0.11 earnings per share (EPS) for the quarter. Dye & Durham had a negative return on equity of 35.81% and a negative net margin of 37.99%. The business had revenue of C$110.18 million during the quarter, compared to analysts’ expectations of C$108.20 million.

Dye & Durham Price Performance

Shares of TSE DND opened at C$14.23 on Wednesday. The stock’s 50-day simple moving average is C$14.93 and its 200-day simple moving average is C$13.50. The company has a debt-to-equity ratio of 342.22, a quick ratio of 1.98 and a current ratio of 0.89. The firm has a market capitalization of C$951.84 million, a PE ratio of -4.81 and a beta of 2.16. Dye & Durham has a fifty-two week low of C$7.46 and a fifty-two week high of C$21.21.

Dye & Durham Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, February 28th. Shareholders of record on Wednesday, February 21st were issued a dividend of $0.019 per share. The ex-dividend date was Tuesday, February 20th. This represents a $0.08 dividend on an annualized basis and a yield of 0.53%. Dye & Durham’s payout ratio is currently -2.70%.

Analyst Upgrades and Downgrades

A number of research analysts recently commented on the stock. Raymond James increased their target price on shares of Dye & Durham from C$15.00 to C$16.00 and gave the company an “outperform” rating in a research report on Wednesday, February 14th. Canaccord Genuity Group cut their target price on Dye & Durham from C$30.00 to C$25.00 and set a “buy” rating on the stock in a research report on Monday, February 12th. CIBC decreased their target price on Dye & Durham from C$21.50 to C$21.00 and set an “outperform” rating for the company in a research report on Wednesday, February 14th. Scotiabank set a C$24.00 price target on Dye & Durham and gave the stock an “outperform” rating in a research report on Friday, April 12th. Finally, Cormark decreased their price objective on Dye & Durham from C$24.00 to C$23.00 in a report on Wednesday, February 14th.

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.