dentalcorp Holdings Ltd. (TSE:DNTL) Receives C$11.70 Consensus PT from Brokerages

dentalcorp Holdings Ltd. (TSE:DNTL) has received an average recommendation of “Hold” from the seven analysts that are currently covering the company, MarketBeat Ratings reports. One research analyst has rated the stock with a sell recommendation, four have given a hold recommendation and two have given a buy recommendation to the company. The average 1 year price target among analysts that have issued ratings on the stock in the last year is C$11.55.

A number of research analysts have issued reports on DNTL shares. TD Securities cut their price target on dentalcorp from C$13.00 to C$11.00 and set a “sell” rating for the company in a research note on Monday. Royal Bank Of Canada downgraded dentalcorp from an “outperform” rating to a “sector perform” rating and cut their price target for the stock from C$13.00 to C$11.00 in a research note on Monday. BMO Capital Markets downgraded dentalcorp from an “outperform” rating to a “market perform” rating and cut their price target for the stock from C$12.00 to C$11.00 in a research note on Monday. CIBC downgraded dentalcorp from an “outperform” rating to a “tender” rating and cut their price target for the stock from C$13.00 to C$11.00 in a research note on Monday. Finally, ATB Capital downgraded dentalcorp from an “outperform” rating to a “tender” rating and cut their price target for the stock from C$12.00 to C$11.00 in a research note on Monday.

dentalcorp Price Performance

Shares of DNTL opened at C$10.88 on Monday. dentalcorp has a 52-week low of C$7.10 and a 52-week high of C$10.95. The company has a debt-to-equity ratio of 78.72, a quick ratio of 1.04 and a current ratio of 1.19. The business’s 50 day moving average price is C$8.37 and its two-hundred day moving average price is C$8.30. The firm has a market cap of C$2.17 billion, a PE ratio of -47.30, a price-to-earnings-growth ratio of -2.69 and a beta of 1.38.

dentalcorp Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, October 21st. Shareholders of record on Tuesday, October 21st will be issued a $0.025 dividend. The ex-dividend date of this dividend is Thursday, October 2nd. This represents a $0.10 annualized dividend and a dividend yield of 0.9%. dentalcorp’s dividend payout ratio (DPR) is presently -21.74%.

About dentalcorp

Dentalcorp Holdings Ltd is engaged in acquiring dental practices and providing health care services in Canada. It recognizes revenue for the provision of dental services that are rendered to patients by Partner dentists and dental practitioners contracted by the Professional Corporations and health care services rendered by employees or contractors of the company.