Is Docebo Stock a Good Investment?
Docebo Investment Advice | DCBO |
- Examine Docebo's financial health by looking at its balance sheet, income statement, and cash flow statement. Analyze key financial ratios, such as Price-to-Earnings (P/E), Price-to-Sales (P/S), and Price-to-Book (P/B), to determine whether the stock is fairly valued or over/undervalued.
- Research Docebo's leadership team and their track record. Good management can help Docebo navigate difficult times and make strategic decisions that benefit shareholders and increases its net worth.
- Consider the overall health of the Application Software space and any emerging trends that could impact Docebo's business and its evolving consumer preferences.
- Compare Docebo's performance and market position to its competitors. Analyze how Docebo is positioned in terms of product offerings, innovation, and market share.
- Check if Docebo pays a dividend and its dividend yield and payout ratio.
- Review what financial analysts are saying about Docebo's stock and their price targets. However, remember that analysts' opinions can vary, and their predictions may not always be accurate.
It's important to note that investing in Docebo Inc stock, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember that it's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. Below is a detailed guide on how to decide if Docebo Inc is a good investment.
Sell | Buy |
Hold
Market Performance | OK | Details | |
Volatility | Very steady | Details | |
Hype Condition | Low key | Details | |
Current Valuation | Overvalued | Details | |
Odds Of Distress | Very Low | Details | |
Economic Sensitivity | Responds to the market | Details | |
Investor Sentiment | Impartial | Details | |
Analyst Consensus | Strong Buy | Details | |
Financial Strenth (F Score) | Strong | Details | |
Financial Leverage | Not Rated | Details | |
Reporting Quality (M-Score) | Unlikely Manipulator | Details |
Examine Docebo Stock
Researching Docebo's stock involves analyzing various aspects of the company and its industry to make an informed investment decision. The key areas to focus on are fundamentals, business model and competitive advantage. It is also important to analyze trends in revenue, net income, and cash flow, as well as key financial ratios, such as price-to-earnings (P/E), price-to-sales (P/S), and debt-to-equity (D/E). About 43.0% of the company shares are held by company insiders. The company had not issued any dividends in recent years.
To determine if Docebo is a good investment, evaluating the company's potential for future growth is also very important. This may include expanding into new markets, launching new products or services, or improving operational efficiency. Companies with strong growth prospects can be more attractive investments. This aspect of the research should be conducted in the context of the overall market and industry in which the company operates and should include an analysis of growth potential, competitive landscape, and any regulatory or economic factors that could impact the business. Some of the essential points regarding Docebo's research are outlined below:
| Docebo Inc has a strong financial position based on the latest SEC filings | |
| About 43.0% of the company shares are held by company insiders | |
| Latest headline from thelincolnianonline.com: Connor Clark Lunn Investment Management Ltd. Raises Stake in Docebo Inc. |
Docebo Quarterly Liabilities And Stockholders Equity |
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Docebo uses earnings reports to provide investors with an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Therefore, it is also crucial when considering investing in Docebo Inc. Every quarterly earnings report provides investors with an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to Docebo's previous reporting period. The quarterly earnings reports are usually disseminated to the public via Form 10-Q, which is a legal document filed with the Securities and Exchange Commission every quarter.
| 23rd of February 2024 Upcoming Quarterly Report | View | |
| 9th of May 2024 Next Financial Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View | |
| 14th of March 2024 Next Fiscal Year End | View | |
| 30th of September 2023 Last Quarter Report | View | |
| 31st of December 2022 Last Financial Announcement | View |
Earnings surprises can significantly impact Docebo's stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate. Below are the table of largest EPS Surprises Docebo's investors have experienced.
| Reported | Fiscal Date | Estimated EPS | Reported EPS | Surprise | |||
|---|---|---|---|---|---|---|---|
2024-08-08 | 2024-06-30 | 0.17 | 0.15 | -0.02 | 11 | ||
2024-02-23 | 2023-12-31 | 0.08 | 0.1 | 0.02 | 25 | ||
2023-03-09 | 2022-12-31 | 0.03 | 0.05 | 0.02 | 66 | ||
2020-11-12 | 2020-09-30 | -0.06 | -0.04 | 0.02 | 33 | ||
2023-05-11 | 2023-03-31 | 0.01 | 0.04 | 0.03 | 300 | ||
2021-03-11 | 2020-12-31 | -0.15 | -0.12 | 0.03 | 20 | ||
2023-11-09 | 2023-09-30 | 0.08 | 0.12 | 0.04 | 50 | ||
2020-08-06 | 2020-06-30 | -0.08 | -0.12 | -0.04 | 50 |
Know Docebo's Top Institutional Investors
Have you ever been surprised when a price of an equity instrument such as Docebo is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Docebo Inc backward and forwards among themselves. Docebo's institutional investor refers to the entity that pools money to purchase Docebo's securities or originate loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
| Shares | Connor Clark & Lunn Inv Mgmt Ltd | 2024-06-30 | 221 K | Luxor Capital Group, Lp | 2024-09-30 | 205.2 K | Manufacturers Life Insurance Co | 2024-09-30 | 201.9 K | Aegon Asset Management Uk Plc | 2024-09-30 | 199.2 K | Hillsdale Investment Management Inc. | 2024-09-30 | 198.7 K | Barrier Capital Management, Llc | 2024-09-30 | 187.7 K | Quadrature Capital Llp | 2024-09-30 | 187.2 K | Millennium Management Llc | 2024-06-30 | 179.7 K | Marshall Wace Asset Management Ltd | 2024-06-30 | 142.5 K | Warburg Pincus Llc | 2024-06-30 | 3.4 M | Cat Rock Capital Management Lp | 2024-09-30 | 2 M |
Docebo's market capitalization trends
The company currently falls under 'Mid-Cap' category with a current market capitalization of 1.51 B.Market Cap |
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Docebo's profitablity analysis
| Last Reported | Projected for Next Year | ||
| Return On Tangible Assets | 0.02 | 0.02 | |
| Return On Capital Employed | 0.08 | 0.08 | |
| Return On Assets | 0.02 | 0.02 | |
| Return On Equity | 0.06 | 0.05 |
Determining Docebo's profitability involves analyzing its financial statements and using various financial metrics to determine if Docebo is a good buy. For example, gross profit margin measures Docebo's profitability after accounting for the cost of goods sold, while net profit margin measures profitability after accounting for all expenses. Other important metrics include return on assets, return on equity, and free cash flow. By reviewing multiple sources and metrics, you can gain a complete picture of Docebo's profitability and make more informed investment decisions.
Docebo's Earnings Breakdown by Geography
Evaluate Docebo's management efficiency
Docebo Inc has return on total asset (ROA) of 0.0613 % which means that it generated a profit of $0.0613 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of 0.1997 %, meaning that it created $0.1997 on every $100 dollars invested by stockholders. Docebo's management efficiency ratios could be used to measure how well Docebo manages its routine affairs as well as how well it operates its assets and liabilities. At this time, Docebo's Return On Tangible Assets are very stable compared to the past year. As of the 1st of December 2024, Return On Assets is likely to grow to 0.02, while Return On Capital Employed is likely to drop 0.08. At this time, Docebo's Other Assets are very stable compared to the past year. As of the 1st of December 2024, Return On Tangible Assets is likely to grow to 0.02, while Intangible Assets are likely to drop about 1.5 M.| Last Reported | Projected for Next Year | ||
| Book Value Per Share | 1.56 | 2.36 | |
| Tangible Book Value Per Share | 1.05 | 1.00 | |
| Enterprise Value Over EBITDA | 178.36 | 187.28 | |
| Price Book Value Ratio | 31.02 | 32.58 | |
| Enterprise Value Multiple | 178.36 | 187.28 | |
| Price Fair Value | 31.02 | 32.58 | |
| Enterprise Value | 1.5 B | 1.7 B |
Docebo's management has consistently demonstrated strong leadership, driving both financial growth and operational excellence. By analyzing current market trends and future growth opportunities, we assess the stock's true value and potential for investors.
Beta 1.361 |
Basic technical analysis of Docebo Stock
As of the 1st of December, Docebo shows the Semi Deviation of 1.91, mean deviation of 1.31, and Downside Deviation of 2.05. Docebo Inc technical analysis allows you to utilize historical prices and volume patterns in order to determine a pattern that computes the direction of the firm's future prices.Docebo's Outstanding Corporate Bonds
Docebo issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. Docebo Inc uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most Docebo bonds can be classified according to their maturity, which is the date when Docebo Inc has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.
Understand Docebo's technical and predictive indicators
Using predictive indicators to make investment decisions involves analyzing Docebo's various financial and market-based factors to help forecast future trends and identify investment opportunities. Select the indicators that are most relevant to your investment strategy. Each indicator has its own strengths and weaknesses, so it's essential to combine multiple indicators to get a more comprehensive view of the market and reduce the risk of making poor decisions based on limited data.
| Risk Adjusted Performance | 0.1054 | |||
| Market Risk Adjusted Performance | 0.2017 | |||
| Mean Deviation | 1.31 | |||
| Semi Deviation | 1.91 | |||
| Downside Deviation | 2.05 | |||
| Coefficient Of Variation | 768.07 | |||
| Standard Deviation | 1.86 | |||
| Variance | 3.45 | |||
| Information Ratio | 0.0561 | |||
| Jensen Alpha | 0.0775 | |||
| Total Risk Alpha | (0.08) | |||
| Sortino Ratio | 0.0509 | |||
| Treynor Ratio | 0.1917 | |||
| Maximum Drawdown | 10.75 | |||
| Value At Risk | (2.55) | |||
| Potential Upside | 3.01 | |||
| Downside Variance | 4.2 | |||
| Semi Variance | 3.63 | |||
| Expected Short fall | (1.38) | |||
| Skewness | (0.44) | |||
| Kurtosis | 2.82 |
| Risk Adjusted Performance | 0.1054 | |||
| Market Risk Adjusted Performance | 0.2017 | |||
| Mean Deviation | 1.31 | |||
| Semi Deviation | 1.91 | |||
| Downside Deviation | 2.05 | |||
| Coefficient Of Variation | 768.07 | |||
| Standard Deviation | 1.86 | |||
| Variance | 3.45 | |||
| Information Ratio | 0.0561 | |||
| Jensen Alpha | 0.0775 | |||
| Total Risk Alpha | (0.08) | |||
| Sortino Ratio | 0.0509 | |||
| Treynor Ratio | 0.1917 | |||
| Maximum Drawdown | 10.75 | |||
| Value At Risk | (2.55) | |||
| Potential Upside | 3.01 | |||
| Downside Variance | 4.2 | |||
| Semi Variance | 3.63 | |||
| Expected Short fall | (1.38) | |||
| Skewness | (0.44) | |||
| Kurtosis | 2.82 |
Consider Docebo's intraday indicators
Docebo intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of Docebo stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.
Docebo Corporate Filings
13A | 14th of November 2024 An amended filing to the original Schedule 13G | ViewVerify |
6K | 8th of November 2024 A report filed by foreign private issuers with SEC. A foreign private issuer is a non-U.S. company with securities traded on U.S. exchanges. | ViewVerify |
Docebo Stock media impact
Far too much social signal, news, headlines, and media speculation about Docebo that are available to investors today. That information is available publicly through Docebo media outlets and privately through word of mouth or via Docebo internal channels. However, regardless of the origin, that massive amount of Docebo data is challenging to quantify into actionable patterns, especially for investors that are not very sophisticated with ever-evolving tools and techniques used in the investment management field.
A primary focus of Docebo news analysis is to determine if its current price reflects all relevant headlines and social signals impacting the current market conditions. A news analyst typically looks at the history of Docebo relative headlines and hype rather than examining external drivers such as technical or fundamental data. It is believed that price action tends to repeat itself due to investors' collective, patterned thinking related to Docebo's headlines and news coverage data. This data is often completely overlooked or insufficiently analyzed for actionable insights to drive Docebo alpha.
Docebo Sentiment by Major News Outlets
Investor sentiment, mood or attitude towards Docebo can have a significant impact on its stock price or the market as a whole. This sentiment can be positive or negative, and various factors, such as economic indicators, news events, or market trends, can influence it. When investor sentiment is positive, investors are more likely to buy stocks, increasing demand and increasing the stock price. Positive investor sentiment can be driven by good news about the company or the broader market, such as solid earnings reports or positive economic data.
Note that negative investor sentiment can cause investors to sell stocks, leading to a decrease in demand and a drop in the stock price. Negative sentiment can be driven by factors such as poor earnings reports, negative news about the company or industry, or broader economic concerns. It's important to note that investor sentiment is just one of many factors that can affect stock prices. Other factors, such as company performance, industry trends, and global economic conditions, can also play a significant role in determining the value of a stock.
Docebo Corporate Management
| Ronda Morra | Global Communications | Profile | |
| Fabio Pirovano | Chief Officer | Profile | |
| Domenic Sisto | Chief Officer | Profile | |
| ACA CA | Chief Officer | Profile | |
| Michael McCarthy | Vice Relations | Profile | |
| Martino Bagini | Chief Officer | Profile |
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Docebo Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of labor statistics. You can also try the Volatility Analysis module to get historical volatility and risk analysis based on latest market data.
Is Application Software space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Docebo. If investors know Docebo will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Docebo listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.333 | Earnings Share 0.57 | Revenue Per Share 6.843 | Quarterly Revenue Growth 0.192 | Return On Assets 0.0613 |
The market value of Docebo Inc is measured differently than its book value, which is the value of Docebo that is recorded on the company's balance sheet. Investors also form their own opinion of Docebo's value that differs from its market value or its book value, called intrinsic value, which is Docebo's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Docebo's market value can be influenced by many factors that don't directly affect Docebo's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
In summary, please note that there is a difference between Docebo's value and its price, as these two are different measures arrived at by various means. Investors typically determine if Docebo is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Docebo's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.