Temenos Group (OTCMKTS:TMSNY) Shares Gap Up – Here’s Why

Temenos Group (OTCMKTS:TMSNY) shares gapped up before the market opened on Monday . The stock had previously closed at $83.3855, but opened at $90.98. Temenos Group shares last traded at $90.33, with a volume of 6 shares changing hands.

Analysts Set New Price Targets

A number of equities research analysts have issued reports on the stock. Citigroup raised shares of Temenos Group from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, April 14th. Berenberg Bank raised shares of Temenos Group to a “hold” rating in a research report on Friday, March 20th. Finally, Barclays raised Temenos Group from a “hold” rating to a “strong-buy” rating in a report on Wednesday, March 4th. Two equities research analysts have rated the stock with a Strong Buy rating and two have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company has a consensus rating of “Buy”.

Temenos Group Stock Up 3.9%

The company has a market capitalization of $6.49 billion, a PE ratio of 145.46, a P/E/G ratio of 1.74 and a beta of 0.74. The stock’s fifty day moving average is $91.52 and its two-hundred day moving average is $92.81. The company has a current ratio of 0.58, a quick ratio of 0.58 and a debt-to-equity ratio of 1.66.

Temenos Group (OTCMKTS:TMSNY) last posted its quarterly earnings data on Thursday, February 26th. The company reported $0.62 earnings per share (EPS) for the quarter. The business had revenue of $314.64 million during the quarter. Temenos Group had a net margin of 26.21% and a return on equity of 64.88%. As a group, analysts predict that Temenos Group will post 4.82 EPS for the current year.

Temenos Group Company Profile

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.