Analysts Offer Predictions for Dye & Durham FY2025 Earnings

Dye & Durham Limited (TSE:DND) – Investment analysts at Cormark boosted their FY2025 earnings per share (EPS) estimates for shares of Dye & Durham in a research report issued on Monday, January 6th. Cormark analyst G. Fairweather now anticipates that the company will post earnings of $0.00 per share for the year, up from their prior forecast of ($0.02). The consensus estimate for Dye & Durham’s current full-year earnings is $0.11 per share. Cormark also issued estimates for Dye & Durham’s FY2026 earnings at ($0.13) EPS.

Dye & Durham (TSE:DND) last issued its quarterly earnings data on Thursday, November 7th. The company reported C($0.14) EPS for the quarter. The firm had revenue of C$119.93 million for the quarter, compared to the consensus estimate of C$120.30 million. Dye & Durham had a negative net margin of 38.23% and a negative return on equity of 42.91%.

Several other research firms have also recently weighed in on DND. BMO Capital Markets lifted their price objective on Dye & Durham from C$18.00 to C$23.00 and gave the company an “outperform” rating in a research report on Wednesday, October 23rd. Canaccord Genuity Group lifted their target price on shares of Dye & Durham from C$27.00 to C$30.00 in a report on Friday, November 29th. Canaccord Genuity Group lowered their price target on Dye & Durham from C$30.00 to C$27.50 and set a “buy” rating on the stock in a report on Wednesday, December 18th. Finally, CIBC lifted their target price on shares of Dye & Durham from C$22.00 to C$30.00 and gave the stock an “outperform” rating in a research report on Wednesday, December 18th. Six equities research analysts have rated the stock with a buy rating, According to MarketBeat.com, the stock presently has a consensus rating of “Buy” and an average target price of C$24.71.

Dye & Durham Stock Performance

TSE:DND opened at C$17.27 on Thursday. The firm’s fifty day simple moving average is C$18.71 and its 200 day simple moving average is C$15.71. The stock has a market cap of C$1.16 billion, a P/E ratio of -5.89 and a beta of 2.09. The company has a quick ratio of 1.98, a current ratio of 1.00 and a debt-to-equity ratio of 402.18. Dye & Durham has a twelve month low of C$10.92 and a twelve month high of C$22.59.

Insider Buying and Selling at Dye & Durham

In other Dye & Durham news, insider Plantro Ltd. sold 1,000,000 shares of the business’s stock in a transaction dated Thursday, December 19th. The shares were sold at an average price of C$19.15, for a total value of C$19,150,000.00. Also, Director Eric Shahinian bought 12,300 shares of the firm’s stock in a transaction that occurred on Tuesday, December 31st. The shares were purchased at an average cost of C$17.35 per share, with a total value of C$213,433.29. Company insiders own 25.60% of the company’s stock.

Dye & Durham Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Thursday, November 21st. Investors of record on Thursday, November 14th were given a $0.019 dividend. The ex-dividend date was Thursday, November 14th. This represents a $0.08 annualized dividend and a yield of 0.44%. Dye & Durham’s dividend payout ratio is currently -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.