Temenos Group (OTCMKTS:TMSNY) Shares Gap Up – Time to Buy?

Temenos Group (OTCMKTS:TMSNY) gapped up before the market opened on Wednesday . The stock had previously closed at $89.27, but opened at $95.4113. Temenos Group shares last traded at $96.6225, with a volume of 403 shares.

Analyst Upgrades and Downgrades

TMSNY has been the subject of several research analyst reports. Barclays raised Temenos Group from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, March 4th. Berenberg Bank raised Temenos Group to a “hold” rating in a research report on Friday, March 20th. One equities research analyst has rated the stock with a Strong Buy rating and three have issued a Hold rating to the company. According to MarketBeat, the stock has a consensus rating of “Moderate Buy”.

Temenos Group Stock Up 2.8%

The company has a current ratio of 0.58, a quick ratio of 0.58 and a debt-to-equity ratio of 1.66. The firm has a market cap of $6.97 billion, a price-to-earnings ratio of 156.35, a PEG ratio of 1.81 and a beta of 0.75. The firm has a 50-day moving average of $89.49 and a two-hundred day moving average of $90.88.

Temenos Group (OTCMKTS:TMSNY) last posted its quarterly earnings data on Thursday, February 26th. The company reported $0.62 earnings per share for the quarter. The business had revenue of $314.64 million during the quarter. Temenos Group had a return on equity of 52.71% and a net margin of 25.72%. As a group, sell-side analysts predict that Temenos Group will post 3.94 earnings per share for the current fiscal 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.