Docebo (TSE:DCBO) Posts Quarterly Earnings Results

Docebo (TSE:DCBO – Get Free Report) issued its quarterly earnings data on Friday. The company reported C$0.78 earnings per share (EPS) for the quarter, FiscalAI reports. Docebo had a net margin of 13.23% and a return on equity of 114.70%. The company had revenue of C$100.13 million during the quarter.

Docebo Stock Down 3.7%

Shares of DCBO stock traded down C$1.59 on Friday, hitting C$41.13. 208,967 shares of the stock were exchanged, compared to its average volume of 94,678. The company has a current ratio of 0.76, a quick ratio of 3.25 and a debt-to-equity ratio of -30,643.19. The firm has a market capitalization of C$1.03 billion, a P/E ratio of 35.77 and a beta of 0.37. Docebo has a fifty-two week low of C$19.87 and a fifty-two week high of C$44.92. The business has a 50-day moving average of C$36.54 and a 200 day moving average of C$28.68.

Wall Street Analyst Weigh In

Separately, ATB Cormark Capital Markets upped their target price on shares of Docebo from C$35.00 to C$44.00 and gave the stock an “outperform” rating in a research note on Monday, August 10th. Two research analysts have rated the stock with a Buy rating. Based on data from MarketBeat.com, the company presently has an average rating of “Buy” and a consensus price target of C$36.00.

Get Our Latest Report on DCBO

Insider Transactions at Docebo

In related news, insider Mark Kosoglow sold 1,287 shares of Docebo stock in a transaction that occurred on Wednesday, August 19th. The stock was sold at an average price of C$32.89, for a total value of C$42,329.43. Following the sale, the insider owned 1,478 shares of the company’s stock, valued at approximately C$48,611.42. This trade represents a 46.55% decrease in their position. Over the last quarter, insiders sold 2,288 shares of company stock valued at $76,251. 43.24% of the stock is currently owned by company insiders.

Docebo Company Profile

(Get Free Report)

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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Earnings History for Docebo (TSE:DCBO)

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