Enghouse Systems (TSE:ENGH) Reaches New 1-Year Low – What’s Next?

Enghouse Systems Limited (TSE:ENGH) shares hit a new 52-week low on Wednesday . The stock traded as low as C$18.62 and last traded at C$18.72, with a volume of 315923 shares. The stock had previously closed at C$19.10.

Analyst Upgrades and Downgrades

ENGH has been the subject of a number of research reports. Royal Bank Of Canada reduced their price target on shares of Enghouse Systems from C$24.00 to C$22.00 and set a “sector perform” rating for the company in a research report on Wednesday, December 17th. UBS Group reduced their price objective on Enghouse Systems from C$22.00 to C$20.00 in a report on Monday, December 8th. One investment analyst has rated the stock with a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat, the company presently has an average rating of “Reduce” and a consensus price target of C$22.33.

Enghouse Systems Stock Down 2.0%

The firm’s fifty day simple moving average is C$20.20 and its 200-day simple moving average is C$21.28. The company has a market cap of C$1.03 billion, a PE ratio of 13.97, a P/E/G ratio of -4.19 and a beta of -0.01. The company has a quick ratio of 1.84, a current ratio of 1.81 and a debt-to-equity ratio of 1.86.

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

Enghouse Systems Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Friday, November 28th. Stockholders of record on Friday, November 28th were given a $0.30 dividend. This represents a $1.20 annualized dividend and a dividend yield of 6.4%. The ex-dividend date was Friday, November 14th. Enghouse Systems’s dividend payout ratio is currently 83.58%.

About Enghouse Systems

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.