Key Points
- Insider sale: Lauren Anne Tropeano sold 367 Docebo shares at C$33.60 each for total proceeds of C$12,331.20, reducing her direct ownership by 14.1% to 2,236 shares.
- Company performance: Docebo reported quarterly EPS of C$0.50 on revenue of C$97.54 million, with a 13.23% net margin and 114.70% return on equity.
- Analyst outlook: ATB Cormark raised its price target from C$35 to C$44 and maintained an “outperform” rating. The stock has a consensus “Buy” rating and a C$36 average price target.
Docebo Inc. (TSE:DCBO - Get Free Report) insider Lauren Anne Tropeano sold 367 shares of the firm's stock in a transaction on Monday, September 14th. The shares were sold at an average price of C$33.60, for a total value of C$12,331.20. Following the transaction, the insider directly owned 2,236 shares in the company, valued at C$75,129.60. This trade represents a 14.10% decrease in their ownership of the stock.
Docebo Stock Performance
DCBO stock opened at C$34.06 on Wednesday. The company has a market capitalization of C$849.73 million, a P/E ratio of 29.62 and a beta of 0.28. The company has a 50-day simple moving average of C$30.91 and a 200 day simple moving average of C$27.00. Docebo Inc. has a fifty-two week low of C$19.87 and a fifty-two week high of C$42.52. The company has a quick ratio of 3.25, a current ratio of 0.76 and a debt-to-equity ratio of -30,643.19.
Docebo (TSE:DCBO - Get Free Report) last announced its earnings results on Friday, August 7th. The company reported C$0.50 earnings per share (EPS) for the quarter. The firm had revenue of C$97.54 million during the quarter. Docebo had a net margin of 13.23% and a return on equity of 114.70%. Sell-side analysts predict that Docebo Inc. will post 1.6842684 earnings per share for the current fiscal year.
Analyst Ratings Changes
Separately, ATB Cormark Capital Markets increased their price objective on shares of Docebo from C$35.00 to C$44.00 and gave the company an "outperform" rating in a report on Monday, August 10th. Two investment analysts have rated the stock with a Buy rating, According to MarketBeat, the company has a consensus rating of "Buy" and a consensus price target of C$36.00.
Read Our Latest Research Report on DCBO
About Docebo
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Docebo (NASDAQ: DCBO; TSX: DCBO) is the enterprise platform for the AI-era workforce, unifying skills intelligence, learning, and knowledge in one closed loop. Docebo gives organizations the tools to close skills gaps, develop talent, and perform at their best in an AI-driven world.
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