Enghouse Systems (TSE:ENGH) Trading 0% Higher – Here’s Why

Enghouse Systems Limited (TSE:ENGH)’s stock price rose 0% during trading on Monday . The stock traded as high as C$20.53 and last traded at C$20.51. Approximately 214,490 shares were traded during mid-day trading, an increase of 20% from the average daily volume of 178,937 shares. The stock had previously closed at C$20.50.

Analyst Upgrades and Downgrades

ENGH has been the subject of several research analyst reports. Royal Bank Of Canada dropped their price objective on Enghouse Systems from C$24.00 to C$22.00 and set a “sector perform” rating for the company in a research note on Wednesday, December 17th. UBS Group lowered their price target on Enghouse Systems from C$22.00 to C$20.00 in a report on Monday, December 8th. One equities research analyst has rated the stock with a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat, Enghouse Systems currently has a consensus rating of “Reduce” and a consensus target price of C$22.33.

Enghouse Systems Stock Performance

The firm has a market cap of C$1.12 billion, a PE ratio of 15.31, a price-to-earnings-growth ratio of -4.19 and a beta of -0.01. The company has a 50 day simple moving average of C$20.37 and a 200-day simple moving average of C$21.45. The company has a debt-to-equity ratio of 1.86, a current ratio of 1.81 and a quick ratio of 1.84.

Enghouse Systems (TSE:ENGH) last announced its quarterly earnings data on Monday, December 15th. The company reported C$0.39 earnings per share (EPS) for the quarter. The company had revenue of C$124.48 million during the quarter. Enghouse Systems had a net margin of 16.18% and a return on equity of 14.08%. As a group, equities research analysts anticipate that Enghouse Systems Limited will post 1.6991295 EPS for the current year.

Enghouse Systems Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, November 28th. Stockholders of record on Friday, November 28th were issued a $0.30 dividend. The ex-dividend date was Friday, November 14th. This represents a $1.20 annualized dividend and a dividend yield of 5.9%. Enghouse Systems’s payout ratio is currently 83.58%.

Enghouse Systems Company Profile

Enghouse Systems Ltd is a Canada-based provider of software and services to a variety of end markets. The firm’s operations are organized in two segments namely, the Interactive Management Group and the Asset Management Group. The firm has operations in Canada, the United States, the United Kingdom, France, Germany, Sweden, Israel, Croatia, Denmark, Norway, India, Japan, Hong Kong, Singapore, and Australia etc.