Docebo Inc. (NASDAQ:DCBO) Shareholders to Collect C$2.42 Special Dividend

Docebo Inc. (NASDAQ:DCBO) declared a special dividend on Friday, November 6th. Stockholders of record on Monday, November 16th will be given a dividend of C$2.42 per share on Monday, November 30th. The ex-dividend date of this dividend is Monday, November 16th.

Docebo Trading Down 4.7%

Shares of NASDAQ DCBO opened at $28.97 on Friday. The company has a market cap of $725.70 million, a price-to-earnings ratio of 25.41 and a beta of 1.18. Docebo has a 12 month low of $14.39 and a 12 month high of $31.94. The stock has a 50-day moving average price of $26.09 and a two-hundred day moving average price of $20.68.

Docebo (NASDAQ:DCBO) last posted its quarterly earnings data on Friday, November 6th. The company reported $0.55 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.53 by $0.02. The business had revenue of $70.33 million for the quarter, compared to the consensus estimate of $68.47 million. Docebo had a net margin of 12.98% and a return on equity of 120.29%. On average, sell-side analysts predict that Docebo will post 1.45 earnings per share for the current year.

Wall Street Analysts Forecast Growth

DCBO has been the topic of a number of recent analyst reports. National Bank Financial increased their price objective on shares of Docebo from $24.00 to $31.00 and gave the company a “sector perform” rating in a research report on Wednesday, October 21st. Weiss Ratings raised shares of Docebo from a “hold (c-)” rating to a “hold (c)” rating in a report on Thursday, October 8th. Wall Street Zen upgraded shares of Docebo from a “hold” rating to a “buy” rating in a report on Saturday. Needham & Company LLC lifted their price target on shares of Docebo from $31.00 to $42.00 and gave the stock a “buy” rating in a research note on Friday. Finally, ATB Cormark Capital Markets lowered their price objective on shares of Docebo from $36.00 to $35.00 and set an “outperform” rating on the stock in a research note on Monday, July 20th. One investment analyst has rated the stock with a Strong Buy rating, nine have assigned a Buy rating and four have given a Hold rating to the company’s stock. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus price target of $32.40.

About Docebo

Docebo Inc develops learning management and learning technology solutions for businesses and other organizations. Its cloud-based platform is designed to help companies create, manage, deliver and measure training for employees, customers, partners and other learners.

The Docebo Learning Platform includes tools for course administration, content delivery, artificial intelligence-supported learning, reporting and analytics, and integrations with other enterprise software. The company also offers capabilities for creating and managing learning content, supporting instructor-led and virtual training, and delivering extended-enterprise education programs.

Founded in 2005 by Claudio Erba, Docebo is headquartered in Toronto, Canada, and serves organizations internationally.