Docebo Inc. (NASDAQ:DCBO) Given Average Rating of “Moderate Buy” by Brokerages

by · The Cerbat Gem

Docebo Inc. (NASDAQ:DCBO – Get Free Report) has earned an average rating of “Moderate Buy” from the eleven brokerages that are presently covering the firm, MarketBeat.com reports. One investment analyst has rated the stock with a hold rating and ten have issued a buy rating on the company. The average twelve-month price target among analysts that have issued ratings on the stock in the last year is $61.60.

DCBO has been the subject of a number of recent analyst reports. Stifel Nicolaus upped their price target on shares of Docebo from $60.00 to $70.00 and gave the company a “buy” rating in a report on Monday, February 26th. CIBC upped their price target on shares of Docebo from $49.81 to $58.00 and gave the company an “outperform” rating in a report on Thursday, January 11th. Morgan Stanley upped their price target on shares of Docebo from $63.00 to $67.00 and gave the company an “overweight” rating in a report on Monday, February 26th. Eight Capital decreased their price target on shares of Docebo from $75.00 to $65.00 and set a “buy” rating for the company in a report on Monday, February 26th. Finally, TheStreet upgraded shares of Docebo from a “d+” rating to a “c-” rating in a research note on Monday, March 18th.

Get Our Latest Research Report on Docebo

Docebo Trading Down 3.4 %

Docebo stock opened at $44.94 on Monday. The company has a debt-to-equity ratio of 0.01, a current ratio of 1.26 and a quick ratio of 1.26. The company has a market capitalization of $1.37 billion, a price-to-earnings ratio of 499.39 and a beta of 1.64. Docebo has a one year low of $29.40 and a one year high of $56.41. The company’s fifty day moving average price is $49.09 and its two-hundred day moving average price is $46.32.

Docebo (NASDAQ:DCBO – Get Free Report) last released its quarterly earnings results on Friday, February 23rd. The company reported $0.21 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.09 by $0.12. Docebo had a net margin of 1.57% and a return on equity of 12.45%. The company had revenue of $49.28 million during the quarter, compared to analysts’ expectations of $48.46 million. On average, analysts forecast that Docebo will post 0.81 earnings per share for the current fiscal year.

Institutional Investors Weigh In On Docebo

Institutional investors have recently added to or reduced their stakes in the stock. PNC Financial Services Group Inc. boosted its holdings in Docebo by 60.0% during the second quarter. PNC Financial Services Group Inc. now owns 800 shares of the company’s stock valued at $32,000 after purchasing an additional 300 shares in the last quarter. Osaic Holdings Inc. boosted its holdings in Docebo by 30.3% during the second quarter. Osaic Holdings Inc. now owns 1,085 shares of the company’s stock valued at $43,000 after purchasing an additional 252 shares in the last quarter. Qube Research & Technologies Ltd acquired a new stake in Docebo during the third quarter valued at approximately $49,000. Tower Research Capital LLC TRC boosted its holdings in Docebo by 53.5% during the third quarter. Tower Research Capital LLC TRC now owns 1,639 shares of the company’s stock valued at $66,000 after purchasing an additional 571 shares in the last quarter. Finally, UBS Group AG boosted its holdings in Docebo by 58.4% during the third quarter. UBS Group AG now owns 4,094 shares of the company’s stock valued at $111,000 after purchasing an additional 1,510 shares in the last quarter. 53.17% of the stock is owned by institutional investors and hedge funds.

Docebo Company Profile

(Get Free Report

Docebo Inc operates as a learning management software company that provides artificial intelligence (AI)-powered learning platform in North America and internationally. It offers Learning Management System (LMS) to train internal and external workforces, partners, and customers. The company's cloud platform consists of a learning suite, which includes Docebo Learn LMS, a cloud-based learning platform that allows learning administrators to deliver personalized learning; Docebo Shape, an AI-based learning content creation tool, which enables learning administrators to turn internal and external resources into engaging, multilingual, and microlearning content to share across the business; Docebo Content that allows off-the-shelf learning content by partnering content specialist; Docebo Learning Impact, a learning measurement tool that enables administrators to prove and improve training programs; Docebo Learn Data, which gives a comprehensive view on learning data to business results; Docebo Connect that connects Docebo to custom tech stack and making integrations; and Docebo Flow that allows businesses to directly inject learning into the flow of work.

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