dentalcorp Holdings Ltd. (TSE:DNTL) Receives Consensus Rating of “Hold” from Brokerages

dentalcorp Holdings Ltd. (TSE:DNTL) has received an average recommendation of “Hold” from the seven brokerages that are presently covering the stock, MarketBeat Ratings reports. One equities research analyst has rated the stock with a sell recommendation, four have assigned a hold recommendation and two have issued a buy recommendation on the company. The average 1 year target price among brokers that have issued ratings on the stock in the last year is C$11.55.

DNTL has been the subject of several research analyst reports. Desjardins downgraded shares of dentalcorp from a “buy” rating to a “tender” rating and dropped their target price for the stock from C$12.75 to C$11.00 in a research report on Monday, September 29th. BMO Capital Markets lowered dentalcorp from an “outperform” rating to a “market perform” rating and lowered their price objective for the company from C$12.00 to C$11.00 in a report on Monday, September 29th. CIBC cut dentalcorp from an “outperform” rating to a “tender” rating and cut their price objective for the company from C$13.00 to C$11.00 in a research note on Monday, September 29th. Stifel Nicolaus lowered dentalcorp from a “buy” rating to a “hold” rating and decreased their target price for the stock from C$12.50 to C$11.00 in a research report on Tuesday, September 30th. Finally, Royal Bank Of Canada downgraded dentalcorp from an “outperform” rating to a “sector perform” rating and lowered their price target for the company from C$13.00 to C$11.00 in a report on Monday, September 29th.

dentalcorp Stock Performance

DNTL opened at C$10.95 on Friday. dentalcorp has a 12-month low of C$7.10 and a 12-month high of C$10.99. The company has a debt-to-equity ratio of 78.72, a current ratio of 1.19 and a quick ratio of 1.04. The stock has a market capitalization of C$2.18 billion, a PE ratio of -78.21, a P/E/G ratio of -2.69 and a beta of 1.37. The firm’s fifty day moving average price is C$10.92 and its 200 day moving average price is C$9.29.

dentalcorp Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Tuesday, October 21st. Shareholders of record on Tuesday, October 21st were paid a dividend of $0.025 per share. The ex-dividend date was Thursday, October 2nd. This represents a $0.10 annualized dividend and a yield of 0.9%. dentalcorp’s payout ratio is presently -53.57%.

dentalcorp Company Profile

Dentalcorp Holdings Ltd is engaged in acquiring dental practices and providing health care services in Canada. It recognizes revenue for the provision of dental services that are rendered to patients by Partner dentists and dental practitioners contracted by the Professional Corporations and health care services rendered by employees or contractors of the company.