Enghouse Systems (TSE:ENGH) Posts Earnings Results

Enghouse Systems (TSE:ENGH) announced its earnings results on Thursday. The company reported C$0.28 EPS for the quarter, FiscalAI reports. Enghouse Systems had a return on equity of 11.70% and a net margin of 14.75%.The company had revenue of C$117.58 million for the quarter.

Enghouse Systems Trading Up 5.9%

TSE ENGH opened at C$16.56 on Friday. The company has a quick ratio of 1.84, a current ratio of 1.77 and a debt-to-equity ratio of 1.34. Enghouse Systems has a 52 week low of C$14.80 and a 52 week high of C$21.83. The business has a 50 day moving average price of C$16.75 and a 200-day moving average price of C$16.83. The company has a market cap of C$900.38 million, a price-to-earnings ratio of 12.55, a P/E/G ratio of -4.19 and a beta of 0.19.

Enghouse Systems Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Friday, August 28th. Stockholders of record on Friday, August 28th were issued a dividend of $0.31 per share. The ex-dividend date was Friday, August 14th. This represents a $1.24 annualized dividend and a dividend yield of 7.5%. Enghouse Systems’s payout ratio is currently 90.91%.

Wall Street Analyst Weigh In

A number of equities research analysts have weighed in on ENGH shares. Canadian Imperial Bank of Commerce lowered their target price on Enghouse Systems from C$18.00 to C$17.00 and set a “neutral” rating for the company in a report on Thursday, June 11th. TD set a C$16.00 price objective on shares of Enghouse Systems and gave the stock a “hold” rating in a research report on Tuesday. Finally, Royal Bank Of Canada dropped their target price on shares of Enghouse Systems from C$20.00 to C$18.00 and set a “sector perform” rating on the stock in a research report on Thursday, June 11th. Four analysts have rated the stock with a Hold rating, According to data from MarketBeat, the company presently has a consensus rating of “Hold” and an average target price of C$17.60.

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.