Docebo (TSE:DCBO) Releases Quarterly Earnings Results

Docebo (TSE:DCBO) announced its quarterly earnings data on Friday. The company reported C$0.47 EPS for the quarter, FiscalAI reports. The firm had revenue of C$91.23 million for the quarter. Docebo had a net margin of 15.58% and a return on equity of 73.40%.

Docebo Trading Up 1.7%

TSE DCBO opened at C$29.06 on Friday. The company has a quick ratio of 3.25, a current ratio of 1.15 and a debt-to-equity ratio of 6.07. The firm has a market cap of C$750.33 million, a PE ratio of 22.70 and a beta of 0.18. The company has a 50 day moving average price of C$24.93 and a 200 day moving average price of C$28.10. Docebo has a 52 week low of C$19.87 and a 52 week high of C$45.62.

Analysts Set New Price Targets

DCBO has been the topic of several recent analyst reports. ATB Cormark Capital Markets raised their price objective on shares of Docebo from C$35.00 to C$36.00 and gave the company an “outperform” rating in a research report on Thursday, April 23rd. TD Securities decreased their price objective on shares of Docebo from C$37.00 to C$28.00 and set a “buy” rating on the stock in a research report on Monday, March 2nd. Two equities research analysts have rated the stock with a Buy rating, According to MarketBeat.com, Docebo has a consensus rating of “Buy” and a consensus price target of C$39.67.

About Docebo

Docebo Inc offers cloud-based learning platform for both internal and external enterprise learning with real time tracking of training results, optimizing time, and reducing costs associated with traditional learning methods. Geographically, it holds presence in five offices around the world, including locations in Europe, Asia and North America. The firm derives its revenues from two main sources: software as-a-service application (SaaS); and professional services revenue, which includes services such as initial project management, training, and integration.