Docebo Inc (NASDAQ: DCBO)’s stock price has plunge by -17.44relation to previous closing price of 46.45. Nevertheless, the company has seen a -15.94% plunge in its stock price over the last five trading sessions. Zacks Investment Research reported 2024-05-09 that The headline numbers for Docebo (DCBO) give insight into how the company performed in the quarter ended March 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
Is It Worth Investing in Docebo Inc (NASDAQ: DCBO) Right Now?
Docebo Inc (NASDAQ: DCBO) has a higher price-to-earnings ratio of 456.00x compared to its average ratio, Analysts have varying views on the stock, with 0 analysts rating it as a “buy,” 0 rating it as “overweight,” 0 as “hold,” and 0 as “sell.”
The public float for DCBO is 14.26M, and currently, shorts hold a 0.94% of that float. The average trading volume for DCBO on May 10, 2024 was 97.57K shares.
DCBO’s Market Performance
The stock of Docebo Inc (DCBO) has seen a -15.94% decrease in the past week, with a -17.53% drop in the past month, and a -16.97% fall in the past quarter. The volatility ratio for the week is 2.71%, and the volatility levels for the past 30 days are at 2.79% for DCBO. The simple moving average for the last 20 days is -14.88% for DCBO stock, with a simple moving average of -14.27% for the last 200 days.
Analysts’ Opinion of DCBO
Many brokerage firms have already submitted their reports for DCBO stocks, with Needham repeating the rating for DCBO by listing it as a “Buy.” The predicted price for DCBO in the upcoming period, according to Needham is $56 based on the research report published on November 14, 2023 of the previous year 2023.
Goldman gave a rating of “Neutral” to DCBO, setting the target price at $37 in the report published on May 22nd of the previous year.
DCBO Trading at -20.62% from the 50-Day Moving Average
After a stumble in the market that brought DCBO to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -32.02% of loss for the given period.
Volatility was left at 2.79%, however, over the last 30 days, the volatility rate increased by 2.71%, as shares sank -14.95% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -29.87% lower at present.
During the last 5 trading sessions, DCBO fell by -16.22%, which changed the moving average for the period of 200-days by +0.90% in comparison to the 20-day moving average, which settled at $44.72. In addition, Docebo Inc saw -20.73% in overturn over a single year, with a tendency to cut further losses.
Stock Fundamentals for DCBO
Current profitability levels for the company are sitting at:
- -0.01 for the present operating margin
- 0.81 for the gross margin
The net margin for Docebo Inc stands at 0.02. The total capital return value is set at -0.03. Equity return is now at value 2.34, with 1.28 for asset returns.
Based on Docebo Inc (DCBO), the company’s capital structure generated 0.04 points at debt to capital in total, while cash flow to debt ratio is standing at 7.57. The debt to equity ratio resting at 0.04. The interest coverage ratio of the stock is -5.23.
Currently, EBITDA for the company is 11.52 million with net debt to EBITDA at -6.06. When we switch over and look at the enterprise to sales, we see a ratio of 5.99. The receivables turnover for the company is 4.23for trailing twelve months and the total asset turnover is 1.14. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.20.
Conclusion
In conclusion, Docebo Inc (DCBO) has had a bad performance lately. Opinion on the stock among analysts is mixed, with some giving it a “buy” rating and others a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
