dotdigital Group (LON:DOTD) Given Buy Rating at Canaccord Genuity Group

Canaccord Genuity Group reiterated their buy rating on shares of dotdigital Group (LON:DOTD) in a research report sent to investors on Tuesday, Marketbeat.com reports. Canaccord Genuity Group currently has a GBX 150 ($1.90) price target on the stock.

dotdigital Group Stock Up 0.5 %

Shares of DOTD opened at GBX 87 ($1.10) on Tuesday. The business’s 50 day moving average is GBX 85.74 and its 200 day moving average is GBX 88.97. The company has a market capitalization of £265.89 million, a PE ratio of 24.02, a price-to-earnings-growth ratio of 11.36 and a beta of 1.16. dotdigital Group has a 12-month low of GBX 76 ($0.96) and a 12-month high of GBX 103 ($1.31). The company has a current ratio of 3.05, a quick ratio of 3.94 and a debt-to-equity ratio of 3.24.

dotdigital Group (LON:DOTD) last issued its earnings results on Tuesday, February 25th. The company reported GBX 2.58 ($0.03) earnings per share (EPS) for the quarter. dotdigital Group had a return on equity of 11.80% and a net margin of 14.01%. Research analysts expect that dotdigital Group will post 4.6030099 earnings per share for the current fiscal year.

dotdigital Group Increases Dividend

The firm also recently announced a dividend, which was paid on Friday, January 31st. Investors of record on Thursday, January 9th were paid a dividend of GBX 1.10 ($0.01) per share. This represents a yield of 1.21%. The ex-dividend date was Thursday, January 9th. This is an increase from dotdigital Group’s previous dividend of $1.00. dotdigital Group’s dividend payout ratio (DPR) is 27.61%.

About dotdigital Group

Dotdigital Group plc (AIM: DOTD) is a leading provider of cross-channel marketing automation technology to marketing professionals. Dotdigital’s customer experience and data platform (CXDP) combines the power of automation and AI to help businesses deliver hyper-relevant customer experiences at scale.