Docebo (DCBO) Scheduled to Post Earnings on Thursday

Docebo (NASDAQ:DCBO) is scheduled to be releasing its earnings data after the market closes on Thursday, May 9th. Analysts expect Docebo to post earnings of $0.16 per share for the quarter. Docebo has set its Q1 2024 guidance at EPS.

Docebo (NASDAQ:DCBO) last released its earnings results on Friday, February 23rd. The company reported $0.21 earnings per share 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 analyst estimates 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 Trading Up 2.3 %

Docebo stock opened at $46.66 on Tuesday. Docebo has a 1 year low of $29.40 and a 1 year high of $56.41. The firm’s 50-day moving average is $48.79 and its 200-day moving average is $46.83. The company has a debt-to-equity ratio of 0.01, a quick ratio of 1.26 and a current ratio of 1.26. The company has a market cap of $1.42 billion, a P/E ratio of 518.44 and a beta of 1.64.

Analyst Ratings Changes

A number of equities analysts have commented on the company. Scotiabank lifted their target price on Docebo from $60.00 to $65.00 and gave the company a “sector outperform” rating in a research note on Monday, February 26th. Stifel Nicolaus upped their price objective on Docebo from $60.00 to $70.00 and gave the stock a “buy” rating in a research note on Monday, February 26th. Canaccord Genuity Group raised their target price on Docebo from $50.00 to $65.00 and gave the company a “buy” rating in a research note on Monday, February 26th. CIBC increased their price objective on shares of Docebo from $49.81 to $58.00 and gave the stock an “outperform” rating in a report on Thursday, January 11th. Finally, Eight Capital reduced their target price on shares of Docebo from $75.00 to $65.00 and set a “buy” rating for the company in a research note on Monday, February 26th. One equities research analyst has rated the stock with a hold rating and ten have issued a buy rating to the stock. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $61.40.

About Docebo

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.