Dye & Durham FY2025 EPS Reduced by Raymond James Financial

Dye & Durham Limited (TSE:DND) – Equities research analysts at Raymond James Financial cut their FY2025 earnings estimates for Dye & Durham in a note issued to investors on Tuesday, July 15th. Raymond James Financial analyst S. Boland now anticipates that the company will post earnings of ($0.93) per share for the year, down from their prior forecast of ($0.90). Raymond James Financial has a “Outperform” rating and a $15.00 price target on the stock. The consensus estimate for Dye & Durham’s current full-year earnings is $0.11 per share. Raymond James Financial also issued estimates for Dye & Durham’s FY2026 earnings at ($0.74) EPS.

DND has been the subject of a number of other research reports. Canaccord Genuity Group decreased their price target on shares of Dye & Durham from C$16.00 to C$14.50 and set a “buy” rating for the company in a research note on Wednesday, July 9th. BMO Capital Markets cut their price objective on shares of Dye & Durham from C$20.00 to C$16.00 and set an “outperform” rating on the stock in a report on Thursday, May 22nd. Cormark raised shares of Dye & Durham from a “hold” rating to a “moderate buy” rating in a report on Tuesday, June 3rd. Scotiabank cut their price objective on shares of Dye & Durham from C$18.00 to C$14.00 and set an “outperform” rating on the stock in a report on Thursday, May 22nd. Finally, CIBC cut their price objective on shares of Dye & Durham from C$21.00 to C$17.00 and set an “outperform” rating on the stock in a report on Thursday, May 22nd. Five investment analysts have rated the stock with a buy rating, According to data from MarketBeat, the stock has a consensus rating of “Buy” and an average target price of C$17.71.

Dye & Durham Stock Up 0.9%

Shares of Dye & Durham stock opened at C$9.44 on Friday. Dye & Durham has a 52-week low of C$7.85 and a 52-week high of C$22.59. The company has a 50 day moving average of C$9.80 and a 200 day moving average of C$11.51. The company has a quick ratio of 1.98, a current ratio of 0.32 and a debt-to-equity ratio of 385.35. The company has a market capitalization of C$657.38 million, a P/E ratio of -3.85 and a beta of 2.09.

Insider Buying and Selling

In other Dye & Durham news, Senior Officer Avjit Kamboj bought 10,681 shares of the stock in a transaction dated Monday, June 23rd. The shares were acquired at an average cost of C$9.36 per share, for a total transaction of C$99,974.16. Also, insider Plantro Ltd. sold 350,000 shares of the firm’s stock in a transaction that occurred on Monday, June 2nd. The stock was sold at an average price of C$10.29, for a total transaction of C$3,599,750.00. Over the last 90 days, insiders have bought 247,681 shares of company stock worth $2,428,784. Insiders own 25.60% of the company’s stock.

About Dye & Durham

Dye & Durham Ltd is engaged in providing cloud-based software and technology solutions designed to improve efficiency and increase productivity for legal and business professionals. The company has business operations in Canada and the United Kingdom. The customers include law firms, financial service institutions, and government organizations.