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Dotdigital ( (GB:DOTD) ) just unveiled an update.
Dotdigital Group plc has repurchased 150,000 of its own ordinary shares on AIM at a volume-weighted average price of 63.94 pence as part of its ongoing share buyback programme, with the shares to be held in treasury. Following this transaction, the company has 304,507,946 ordinary shares in issue excluding treasury stock and holds 3,949,000 shares in treasury, a change that slightly increases the relative ownership of existing shareholders and underscores management’s continued use of capital returns as a tool in its broader shareholder value strategy.
The most recent analyst rating on (GB:DOTD) stock is a Buy with a £74.00 price target. To see the full list of analyst forecasts on Dotdigital stock, see the GB:DOTD Stock Forecast page.
Spark’s Take on GB:DOTD Stock
According to Spark, TipRanks’ AI Analyst, GB:DOTD is a Outperform.
Dotdigital’s overall stock score is driven by its strong financial performance, characterized by consistent revenue growth and robust profitability. The technical analysis suggests moderate bullish momentum, while the valuation is fair, providing a balanced investment case. The absence of earnings call data and corporate events does not impact the score.
To see Spark’s full report on GB:DOTD stock, click here.
More about Dotdigital
Dotdigital Group plc is a London-headquartered SaaS provider of an all-in-one customer experience and data platform (CXDP), specialising in cross-channel marketing automation technology for marketing professionals. Its platform leverages automation and AI to unify and enrich customer data, enabling personalised, cross-channel customer journeys that drive engagement, conversions and loyalty for more than 4,000 brands across 150 countries, with offices spanning Europe, North America, Asia-Pacific and Africa.
Average Trading Volume: 807,442
Technical Sentiment Signal: Sell
Current Market Cap: £195.7M
For a thorough assessment of DOTD stock, go to TipRanks’ Stock Analysis page.