Temenos Group (OTCMKTS:TMSNY) Shares Gap Down – What’s Next?

Temenos Group (OTCMKTS:TMSNY)’s share price gapped down prior to trading on Thursday . The stock had previously closed at $91.28, but opened at $86.29. Temenos Group shares last traded at $85.58, with a volume of 538 shares changing hands.

Analysts Set New Price Targets

Several equities analysts have commented on the company. Berenberg Bank raised Temenos Group to a “hold” rating in a research report on Friday, March 20th. Barclays raised Temenos Group from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, March 4th. Finally, Citigroup raised Temenos Group from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, April 14th. Two analysts have rated the stock with a Strong Buy rating and two have given a Hold rating to the company. According to data from MarketBeat.com, the company has an average rating of “Buy”.

Temenos Group Stock Down 0.0%

The company has a debt-to-equity ratio of 1.66, a quick ratio of 0.58 and a current ratio of 0.58. The stock has a market capitalization of $6.18 billion, a PE ratio of 138.73, a PEG ratio of 1.72 and a beta of 0.77. The business has a 50 day moving average of $92.55 and a two-hundred day moving average of $93.05.

Temenos Group (OTCMKTS:TMSNY) last released its quarterly earnings results on Thursday, February 26th. The company reported $0.62 EPS for the quarter. Temenos Group had a return on equity of 52.71% and a net margin of 25.72%.The company had revenue of $314.64 million during the quarter. Analysts predict that Temenos Group will post 4.82 EPS for the current year.

About Temenos Group

Temenos Group is a leading provider of banking software systems, specializing in core banking platforms and digital front‐end solutions for financial institutions worldwide. The company’s flagship product, Temenos Transact, delivers end‐to‐end core banking functionality, enabling banks to manage accounts, deposits, loans and payments on a unified platform. Complementing this offering, Temenos Infinity provides digital banking capabilities, including online and mobile channels, customer onboarding, relationship management and analytics tools designed to enhance customer engagement and operational efficiency.

Founded in Geneva in 1993, Temenos serves more than 3,000 financial institutions across over 150 countries, ranging from community banks and credit unions to global systemically important banks.