Claim 70% Off TipRanks This Holiday Season
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential
Dotdigital ( (GB:DOTD) ) just unveiled an announcement.
Dotdigital Group plc has repurchased 170,000 of its own ordinary shares at 64.80 pence each on AIM as part of the share buyback programme launched earlier in December, with the stock to be held in treasury. Following this transaction, the company has 306,093,946 ordinary shares in issue (excluding treasury shares) and holds 2,363,000 shares in treasury, a change that affects the denominator used by investors to calculate regulatory notification thresholds under UK disclosure rules and underscores the Group’s ongoing capital management efforts.
The most recent analyst rating on (GB:DOTD) stock is a Buy with a £75.00 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 specialising in cross-channel marketing automation and an all-in-one customer experience and data platform (CXDP). Its technology combines automation and AI to help marketing teams unify and enrich customer data, segment audiences and run personalised, cross-channel customer journeys that drive engagement, conversion and loyalty for more than 4,000 brands across 150 countries. Founded in 1999, the company operates globally with offices in Europe, North America, Asia-Pacific and Africa.
Average Trading Volume: 813,243
Technical Sentiment Signal: Sell
Current Market Cap: £198.6M
For an in-depth examination of DOTD stock, go to TipRanks’ Overview page.