Cormark Has Bearish Outlook for Dye & Durham FY2025 Earnings

Dye & Durham Limited (TSE:DND) – Stock analysts at Cormark cut their FY2025 earnings per share (EPS) estimates for shares of Dye & Durham in a research report issued to clients and investors on Wednesday, October 23rd. Cormark analyst G. Fairweather now forecasts that the company will post earnings per share of ($0.02) for the year, down from their prior estimate of $0.02. The consensus estimate for Dye & Durham’s current full-year earnings is $0.11 per share.

A number of other equities research analysts also recently weighed in on DND. BMO Capital Markets raised their price target on Dye & Durham from C$18.00 to C$23.00 and gave the stock an “outperform” rating in a research note on Wednesday, October 23rd. CIBC raised their price target on Dye & Durham from C$21.00 to C$22.00 and gave the stock an “outperform” rating in a research note on Thursday, September 5th. Five analysts have rated the stock with a buy rating, Based on data from MarketBeat.com, the stock currently has a consensus rating of “Buy” and an average target price of C$22.08.

Dye & Durham Trading Up 0.2 %

Shares of TSE DND opened at C$19.49 on Monday. Dye & Durham has a one year low of C$8.00 and a one year high of C$19.64. The firm has a market capitalization of C$1.30 billion, a PE ratio of -6.65 and a beta of 2.09. The company has a current ratio of 1.00, a quick ratio of 1.98 and a debt-to-equity ratio of 402.18. The business has a 50-day moving average price of C$15.46 and a two-hundred day moving average price of C$14.07.

Dye & Durham (TSE:DND) last announced its quarterly earnings data on Wednesday, September 4th. The company reported C$0.12 EPS for the quarter. Dye & Durham had a negative return on equity of 42.91% and a negative net margin of 38.23%. The firm had revenue of C$120.12 million during the quarter, compared to analyst estimates of C$119.81 million.

Dye & Durham Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Thursday, September 19th. Investors of record on Thursday, September 12th were paid a $0.019 dividend. This represents a $0.08 dividend on an annualized basis and a dividend yield of 0.39%. The ex-dividend date was Thursday, September 12th. Dye & Durham’s payout ratio is -2.73%.

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.