Enghouse Systems (TSE:ENGH) Hits New 52-Week Low – Here’s Why

Enghouse Systems Limited (TSE:ENGH)’s stock price hit a new 52-week low during mid-day trading on Thursday . The stock traded as low as C$18.32 and last traded at C$18.39, with a volume of 99811 shares trading hands. The stock had previously closed at C$18.69.

Analyst Upgrades and Downgrades

Several equities research analysts have weighed in on the company. Royal Bank Of Canada lowered their price target on Enghouse Systems from C$24.00 to C$22.00 and set a “sector perform” rating for the company in a report on Wednesday, December 17th. UBS Group lowered their target price on shares of Enghouse Systems from C$22.00 to C$20.00 in a research note on Monday, December 8th. One investment analyst has rated the stock with a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Reduce” and a consensus price target of C$22.33.

Enghouse Systems Stock Performance

The firm’s fifty day simple moving average is C$20.02 and its 200 day simple moving average is C$21.09. The company has a market capitalization of C$1.01 billion, a PE ratio of 13.80, a price-to-earnings-growth ratio of -4.19 and a beta of -0.01. The company has a debt-to-equity ratio of 1.86, a current ratio of 1.81 and a quick ratio of 1.84.

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

Enghouse Systems Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Friday, November 28th. Shareholders of record on Friday, November 28th were given a $0.30 dividend. This represents a $1.20 annualized dividend and a yield of 6.5%. The ex-dividend date was Friday, November 14th. Enghouse Systems’s dividend payout ratio is currently 83.58%.

Enghouse Systems Company Profile

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.