Docebo (DCBO) Scheduled to Post Quarterly Earnings on Thursday

Docebo (NASDAQ:DCBO) is scheduled to announce its earnings results after the market closes on Thursday, May 9th. Analysts expect the company to announce earnings of $0.16 per share for the quarter. Docebo has set its Q1 2024 guidance at EPS.

Docebo (NASDAQ:DCBO) last issued its earnings results on Friday, February 23rd. The company reported $0.21 earnings per share for the quarter, beating the consensus estimate of $0.09 by $0.12. Docebo had a net margin of 1.57% and a return on equity of 12.45%. The business had revenue of $49.28 million for the quarter, compared to the consensus estimate of $48.46 million. On average, analysts expect Docebo to post $1 EPS for the current fiscal year and $1 EPS for the next fiscal year.

Docebo Trading Up 0.7 %

Shares of Docebo stock opened at $45.09 on Thursday. The company has a quick ratio of 1.26, a current ratio of 1.26 and a debt-to-equity ratio of 0.01. The firm has a market cap of $1.37 billion, a price-to-earnings ratio of 501.00 and a beta of 1.64. Docebo has a 52-week low of $29.40 and a 52-week high of $56.41. The company’s 50-day simple moving average is $48.98 and its 200-day simple moving average is $46.72.

Wall Street Analysts Forecast Growth

Several analysts have recently commented on DCBO shares. Scotiabank raised their price target on Docebo from $60.00 to $65.00 and gave the company a “sector outperform” rating in a report on Monday, February 26th. The Goldman Sachs Group upped their price target on shares of Docebo from $44.00 to $55.00 and gave the stock a “neutral” rating in a research note on Monday, February 26th. Morgan Stanley cut their price target on shares of Docebo from $67.00 to $65.00 and set an “overweight” rating for the company in a report on Friday, April 19th. CIBC boosted their price objective on shares of Docebo from $49.81 to $58.00 and gave the stock an “outperform” rating in a report on Thursday, January 11th. Finally, TheStreet upgraded shares of Docebo from a “d+” rating to a “c-” rating in a research report on Monday, March 18th. One research analyst has rated the stock with a hold rating and ten have issued a buy rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $61.40.

Docebo Company Profile

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.