We use cookies to understand how you use our site and to improve your experience. This includes personalizing content and advertising. To learn more, click here. By continuing to use our site, you accept our use of cookies, revised Privacy Policy and Terms of Service.
You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. ZacksTrade and Zacks.com are separate companies. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating individual securities.
If you wish to go to ZacksTrade, click OK. If you do not, click Cancel.
Docebo Inc. (DCBO) Gains But Lags Market: What You Should Know
Read MoreHide Full Article
In the latest trading session, Docebo Inc. (DCBO - Free Report) closed at $35.83, marking a +0.73% move from the previous day. This change lagged the S&P 500's 1.19% gain on the day. Elsewhere, the Dow gained 0.76%, while the tech-heavy Nasdaq added 0.29%.
Heading into today, shares of the company had gained 11.36% over the past month, outpacing the Computer and Technology sector's gain of 8.49% and the S&P 500's gain of 4.06% in that time.
Investors will be hoping for strength from Docebo Inc. as it approaches its next earnings release. On that day, Docebo Inc. is projected to report earnings of $0.01 per share, which would represent year-over-year growth of 125%. Meanwhile, the Zacks Consensus Estimate for revenue is projecting net sales of $38.91 million, up 30.56% from the year-ago period.
Investors should also note any recent changes to analyst estimates for Docebo Inc.These recent revisions tend to reflect the evolving nature of short-term business trends. As such, positive estimate revisions reflect analyst optimism about the company's business and profitability.
Based on our research, we believe these estimate revisions are directly related to near-team stock moves. To benefit from this, we have developed the Zacks Rank, a proprietary model which takes these estimate changes into account and provides an actionable rating system.
Ranging from #1 (Strong Buy) to #5 (Strong Sell), the Zacks Rank system has a proven, outside-audited track record of outperformance, with #1 stocks returning an average of +25% annually since 1988. The Zacks Consensus EPS estimate has moved 10.87% lower within the past month. Docebo Inc. currently has a Zacks Rank of #3 (Hold).
Looking at its valuation, Docebo Inc. is holding a Forward P/E ratio of 144.59. This represents a premium compared to its industry's average Forward P/E of 41.02.
The Internet - Software industry is part of the Computer and Technology sector. This industry currently has a Zacks Industry Rank of 65, which puts it in the top 26% of all 250+ industries.
The Zacks Industry Rank gauges the strength of our industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
You can find more information on all of these metrics, and much more, on Zacks.com.
See More Zacks Research for These Tickers
Normally $25 each - click below to receive one report FREE:
Image: Bigstock
Docebo Inc. (DCBO) Gains But Lags Market: What You Should Know
In the latest trading session, Docebo Inc. (DCBO - Free Report) closed at $35.83, marking a +0.73% move from the previous day. This change lagged the S&P 500's 1.19% gain on the day. Elsewhere, the Dow gained 0.76%, while the tech-heavy Nasdaq added 0.29%.
Heading into today, shares of the company had gained 11.36% over the past month, outpacing the Computer and Technology sector's gain of 8.49% and the S&P 500's gain of 4.06% in that time.
Investors will be hoping for strength from Docebo Inc. as it approaches its next earnings release. On that day, Docebo Inc. is projected to report earnings of $0.01 per share, which would represent year-over-year growth of 125%. Meanwhile, the Zacks Consensus Estimate for revenue is projecting net sales of $38.91 million, up 30.56% from the year-ago period.
Investors should also note any recent changes to analyst estimates for Docebo Inc.These recent revisions tend to reflect the evolving nature of short-term business trends. As such, positive estimate revisions reflect analyst optimism about the company's business and profitability.
Based on our research, we believe these estimate revisions are directly related to near-team stock moves. To benefit from this, we have developed the Zacks Rank, a proprietary model which takes these estimate changes into account and provides an actionable rating system.
Ranging from #1 (Strong Buy) to #5 (Strong Sell), the Zacks Rank system has a proven, outside-audited track record of outperformance, with #1 stocks returning an average of +25% annually since 1988. The Zacks Consensus EPS estimate has moved 10.87% lower within the past month. Docebo Inc. currently has a Zacks Rank of #3 (Hold).
Looking at its valuation, Docebo Inc. is holding a Forward P/E ratio of 144.59. This represents a premium compared to its industry's average Forward P/E of 41.02.
The Internet - Software industry is part of the Computer and Technology sector. This industry currently has a Zacks Industry Rank of 65, which puts it in the top 26% of all 250+ industries.
The Zacks Industry Rank gauges the strength of our industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
You can find more information on all of these metrics, and much more, on Zacks.com.