dotdigital Group’s (DOTD) Buy Rating Reiterated at Canaccord Genuity Group

Canaccord Genuity Group reiterated their buy rating on shares of dotdigital Group (LON:DOTD) in a report issued on Tuesday morning, MarketBeat.com reports. The brokerage currently has a GBX 150 ($1.89) price target on the stock.

dotdigital Group Stock Performance

Shares of DOTD stock opened at GBX 80 ($1.01) on Tuesday. The stock has a market capitalization of £244.50 million, a PE ratio of 22.08, a PEG ratio of 11.36 and a beta of 1.16. The business’s 50 day simple moving average is GBX 85.43 and its 200 day simple moving average is GBX 88.87. The company has a debt-to-equity ratio of 3.24, a current ratio of 3.05 and a quick ratio of 3.94. dotdigital Group has a one year low of GBX 76 ($0.96) and a one year high of GBX 103 ($1.30).

dotdigital Group (LON:DOTD) last issued its quarterly earnings results on Tuesday, February 25th. The company reported GBX 2.58 ($0.03) EPS for the quarter. dotdigital Group had a net margin of 14.01% and a return on equity of 11.80%. As a group, research analysts forecast that dotdigital Group will post 4.6030099 earnings per share for the current year.

dotdigital Group Increases Dividend

The business also recently announced a dividend, which was paid on Friday, January 31st. Investors of record on Thursday, January 9th were paid a dividend of GBX 1.10 ($0.01) per share. The ex-dividend date was Thursday, January 9th. This is a positive change from dotdigital Group’s previous dividend of $1.00. This represents a yield of 1.21%. dotdigital Group’s dividend payout ratio is currently 27.61%.

dotdigital Group Company Profile

Dotdigital Group plc (AIM: DOTD) is a leading provider of cross-channel marketing automation technology to marketing professionals. Dotdigital’s customer experience and data platform (CXDP) combines the power of automation and AI to help businesses deliver hyper-relevant customer experiences at scale.