dentalcorp Holdings Ltd. (TSE:DNTL) Receives C$11.55 Average Target Price from Analysts

dentalcorp Holdings Ltd. (TSE:DNTL) has earned a consensus rating of “Hold” from the seven analysts that are presently covering the company, MarketBeat Ratings reports. One research analyst has rated the stock with a sell recommendation, four have issued a hold recommendation and two have assigned a buy recommendation to the company. The average 12 month target price among brokerages that have issued ratings on the stock in the last year is C$11.55.

A number of research analysts have recently commented on the stock. BMO Capital Markets lowered shares of dentalcorp from an “outperform” rating to a “market perform” rating and cut their price objective for the company from C$12.00 to C$11.00 in a research report on Monday, September 29th. TD Securities decreased their price objective on shares of dentalcorp from C$13.00 to C$11.00 and set a “sell” rating on the stock in a research note on Monday, September 29th. Royal Bank Of Canada downgraded shares of dentalcorp from an “outperform” rating to a “sector perform” rating and dropped their target price for the stock 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 lowered their price objective for the stock from C$12.50 to C$11.00 in a research report on Tuesday, September 30th. Finally, ATB Capital lowered dentalcorp from an “outperform” rating to a “tender” rating and reduced their price target for the stock from C$12.00 to C$11.00 in a research report on Monday, September 29th.

dentalcorp Stock Performance

Shares of TSE DNTL opened at C$10.95 on Friday. dentalcorp has a 52 week low of C$7.10 and a 52 week high of C$10.99. The company has a debt-to-equity ratio of 78.72, a quick ratio of 1.04 and a current ratio of 1.19. The business’s 50-day simple moving average is C$10.92 and its 200-day simple moving average is C$9.31. The firm has a market cap of C$2.18 billion, a price-to-earnings ratio of -78.21, a P/E/G ratio of -2.69 and a beta of 1.37.

dentalcorp Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, October 21st. Stockholders of record on Tuesday, October 21st were given a dividend of $0.025 per share. The ex-dividend date of this dividend was Thursday, October 2nd. This represents a $0.10 annualized dividend and a dividend yield of 0.9%. dentalcorp’s dividend payout ratio is currently -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.