Is Docebo Stock a Good Investment?

Docebo Investment Advice

DCBO

To provide specific investment advice or recommendations on Docebo Inc stock, we recommend investors consider the following general factors when evaluating Docebo Inc. This will help you to make an informed decision on whether to include Docebo in one of your diversified portfolios:

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

Cautious Hold

Our investment recommendation tool can be used to complement Docebo trade advice provided by experts. It analyzes the company's potential to grow against your specific risk preferences and investment horizon. To make sure Docebo is not overpriced, please confirm all Docebo Inc fundamentals, including its shares outstanding, ebitda, cash flow from operations, as well as the relationship between the price to book and total debt . Given that Docebo Inc has a number of shares shorted of 91.32 K, we urge you to verify Docebo Inc market performance and probability of bankruptcy to ensure the company can sustain itself in the current economic cycle given your prevailing risk tolerance and investing horizon.

Market Performance	OK	Details
Volatility	Very steady	Details
Hype Condition	Low key	Details
Current Valuation	Fairly Valued	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

174.14 Million

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

Note, although Docebo's institutional investors appear to be way more sophisticated than retail investors, it remains unclear if professional active investment managers can reliably enhance risk-adjusted returns by an amount that exceeds fees and expenses.

Docebo's market capitalization trends

The company currently falls under 'Mid-Cap' category with a current market capitalization of 1.51 B.

Market Cap

1.86 Billion

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

The company has Profit Margin (PM) of 0.09 %, which maeans that even a very small decline in it revenue will erase profits resulting in a net loss. This is way below average. Similarly, it shows Operating Margin (OM) of 0.09 %, which suggests for every 100 dollars of sales, it generated a net operating income of $0.09.

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 26th of November 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 26th of November 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 26th of November, Docebo shows the Mean Deviation of 1.4, semi deviation of 2.2, and Downside Deviation of 2.34. 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.

	Boeing Co 2196 Corp Bond US097023DG73	View
	HSBC Holdings PLC Corp Bond US404280DR76	View
	MGM Resorts International Corp Bond US552953CD18	View
	AerCap Global Aviation Corp Bond US00773HAA59	View

View All Docebo Corporate Bonds

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	0.0805
	Market Risk Adjusted Performance	0.1522
	Mean Deviation	1.4
	Semi Deviation	2.2
	Downside Deviation	2.34
	Coefficient Of Variation	1028.13
	Standard Deviation	2.0
	Variance	4.01
	Information Ratio	0.033
	Jensen Alpha	0.0306
	Total Risk Alpha	(0.13)
	Sortino Ratio	0.0283
	Treynor Ratio	0.1422
	Maximum Drawdown	10.75
	Value At Risk	(2.85)
	Potential Upside	3.01
	Downside Variance	5.45
	Semi Variance	4.85
	Expected Short fall	(1.41)
	Skewness	(0.70)
	Kurtosis	2.61

	Risk Adjusted Performance	0.0805
	Market Risk Adjusted Performance	0.1522
	Mean Deviation	1.4
	Semi Deviation	2.2
	Downside Deviation	2.34
	Coefficient Of Variation	1028.13
	Standard Deviation	2.0
	Variance	4.01
	Information Ratio	0.033
	Jensen Alpha	0.0306
	Total Risk Alpha	(0.13)
	Sortino Ratio	0.0283
	Treynor Ratio	0.1422
	Maximum Drawdown	10.75
	Value At Risk	(2.85)
	Potential Upside	3.01
	Downside Variance	5.45
	Semi Variance	4.85
	Expected Short fall	(1.41)
	Skewness	(0.70)
	Kurtosis	2.61

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.

	Accumulation Distribution	0.0206
	Daily Balance Of Power	0.5534
	Rate Of Daily Change	1.01
	Day Median Price	49.37
	Day Typical Price	49.44
	Market Facilitation Index	1.03
	Price Action Indicator	0.52
	Period Momentum Indicator	0.57

Docebo Corporate Filings

13A	14th of November 2024 An amended filing to the original Schedule 13G	View Verify
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.	View Verify

Docebo time-series forecasting models is one of many Docebo's stock analysis techniques aimed to predict future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Docebo's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.

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

When determining whether Docebo Inc offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Docebo's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Docebo Inc Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Docebo Inc Stock: