Enghouse Systems (TSE:ENGH) Trading Up 0.4% – What’s Next?

Enghouse Systems Limited (TSE:ENGH) traded up 0.4% during mid-day trading on Monday . The stock traded as high as C$16.95 and last traded at C$16.86. 88,945 shares traded hands during trading, a decline of 73% from the average session volume of 329,044 shares. The stock had previously closed at C$16.79.

Analyst Upgrades and Downgrades

Several analysts have issued reports on the company. Royal Bank Of Canada cut their price objective on Enghouse Systems from C$22.00 to C$20.00 and set a “sector perform” rating on the stock in a research note on Monday, March 16th. TD Securities cut their price objective on Enghouse Systems from C$22.00 to C$17.00 and set a “hold” rating on the stock in a research note on Monday, March 16th. Finally, UBS Group cut their price objective on Enghouse Systems from C$22.00 to C$20.00 in a research note on Monday, December 8th. Two research analysts have rated the stock with a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat, Enghouse Systems presently has an average rating of “Reduce” and a consensus target price of C$20.50.

Enghouse Systems Price Performance

The company has a market capitalization of C$918.85 million, a P/E ratio of 13.38, a price-to-earnings-growth ratio of -4.19 and a beta of -0.04. The company has a fifty day moving average price of C$17.24 and a 200 day moving average price of C$19.28. The company has a debt-to-equity ratio of 1.75, a current ratio of 1.68 and a quick ratio of 1.84.

Enghouse Systems (TSE:ENGH) last issued its quarterly earnings data on Thursday, March 12th. The company reported C$0.32 EPS for the quarter. The firm had revenue of C$120.10 million during the quarter. Enghouse Systems had a return on equity of 11.48% and a net margin of 13.99%. On average, sell-side analysts forecast that Enghouse Systems Limited will post 1.6991295 EPS for the current fiscal year.

Enghouse Systems Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Friday, February 27th. Investors of record on Friday, February 27th were paid a dividend of $0.30 per share. This represents a $1.20 dividend on an annualized basis and a yield of 7.1%. The ex-dividend date was Friday, February 13th. Enghouse Systems’s dividend payout ratio is presently 92.06%.

About Enghouse Systems

Enghouse Systems Limited is a Canadian publicly traded company (TSX: ENGH) that provides mission-critical vertically focused enterprise software solutions. Our core technologies are used for contact centers, video communications, virtual healthcare, education, telecommunications, networks, IPTV, public safety and transit. The Company’s two-pronged strategy to grow earnings focuses on both organic growth and acquisitions, which, to date, have been funded through net cash provided by operating activities as the Company has no external debt financing.