FY2024 EPS Estimates for Dye & Durham Limited Reduced by Analyst (TSE:DND)

Dye & Durham Limited (TSE:DND) – Stock analysts at Cormark decreased their FY2024 EPS estimates for shares of Dye & Durham in a research report issued to clients and investors on Thursday, September 14th. Cormark analyst G. Fairweather now expects that the company will post earnings per share of ($0.31) for the year, down from their previous forecast of $0.04. 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 $0.53 EPS.

A number of other equities analysts have also recently commented on DND. Raymond James lifted their target price on shares of Dye & Durham from C$23.00 to C$25.00 and gave the stock an “outperform” rating in a research report on Thursday. CIBC increased their target price on shares of Dye & Durham from C$25.00 to C$28.00 and gave the company an “outperform” rating in a research note on Thursday.

Dye & Durham Stock Performance

Dye & Durham stock opened at C$15.04 on Monday. The firm’s fifty day moving average price is C$18.84 and its 200-day moving average price is C$17.59. The company has a debt-to-equity ratio of 318.82, a quick ratio of 1.98 and a current ratio of 1.42. The stock has a market cap of C$827.20 million, a P/E ratio of -13.80 and a beta of 1.07. Dye & Durham has a fifty-two week low of C$11.62 and a fifty-two week high of C$23.14.

Dye & Durham Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Wednesday, September 27th. Stockholders of record on Wednesday, September 20th will be paid a dividend of $0.019 per share. This represents a $0.08 annualized dividend and a dividend yield of 0.51%. The ex-dividend date is Tuesday, September 19th. Dye & Durham’s dividend payout ratio (DPR) is presently -6.42%.

Dye & Durham Company Profile

Dye & Durham Limited, through its subsidiary, Dye & Durham Corporation, provides cloud-based software and technology solutions for legal firms, financial service institutions, and government organizations in Canada, Australia, Ireland, and the United Kingdom. It offers real estate and legal practice management software enabling customers to execute transactions reliably, securely, and easily; unity, a real-estate conveyancing software; and cloud-based software solutions, including online property and business regulatory information, practice management software, conveyancing workflow, electronic contracts, and legal support services.