Tecsys (TSE:TCS) PT Set at C$39.00 by TD

Tecsys (TSE:TCS – Get Free Report) has been assigned a C$39.00 price target by stock analysts at TD in a report issued on Wednesday,BayStreet.CA reports. The firm presently has a “buy” rating on the stock. TD’s price target indicates a potential upside of 21.99% from the stock’s current price.

Separately, National Bank Financial raised Tecsys from a “sector perform” rating to an “outperform” rating and lifted their price objective for the stock from C$40.00 to C$46.00 in a research note on Wednesday, May 27th. Three analysts have rated the stock with a Buy rating and one has given a Hold rating to the stock. According to MarketBeat, the company has an average rating of “Moderate Buy” and a consensus target price of C$38.70.

Get Tecsys alerts:

Get Our Latest Stock Analysis on TCS

Tecsys Stock Performance

Shares of TSE:TCS traded up C$0.07 during trading on Wednesday, hitting C$31.97. The company’s stock had a trading volume of 12,740 shares, compared to its average volume of 21,655. The company has a debt-to-equity ratio of 8.49, a current ratio of 1.12 and a quick ratio of 1.40. The firm has a market cap of C$461.45 million, a price-to-earnings ratio of 118.41 and a beta of 0.84. The company has a 50-day moving average of C$35.25 and a 200-day moving average of C$30.85. Tecsys has a 12 month low of C$22.51 and a 12 month high of C$39.51.

Tecsys (TSE:TCS – Get Free Report) last announced its quarterly earnings data on Monday, June 29th. The company reported C($0.02) earnings per share (EPS) for the quarter. The company had revenue of C$50.05 million for the quarter. Tecsys had a net margin of 2.09% and a return on equity of 5.99%. On average, sell-side analysts expect that Tecsys will post 0.4600739 earnings per share for the current year.

Insider Activity at Tecsys

In other news, Director David Brereton sold 1,000 shares of Tecsys stock in a transaction that occurred on Friday, June 12th. The shares were sold at an average price of C$36.47, for a total transaction of C$36,470.00. Following the completion of the sale, the director owned 719,272 shares of the company’s stock, valued at approximately C$26,231,849.84. The trade was a 0.14% decrease in their ownership of the stock. Insiders have sold 2,800 shares of company stock worth $98,919 over the last 90 days. Company insiders own 17.05% of the company’s stock.

Tecsys Company Profile

(Get Free Report)

Tecsys is trusted by mission-critical organizations in healthcare and distribution to build resilient, efficient and secure supply chains. A global provider of cloud-based, AI-driven software with deep domain expertise, Tecsys delivers real-time operational visibility and execution across critical workflows when performance and reliability matter most. Tecsys is publicly traded on the Toronto Stock Exchange (TCS). For more information, visit www.tecsys.com.

Featured Stories

• Five stocks we like better than Tecsys
• A Market Panic Just Discounted the AI Highway’s Tollbooth
• Why Exxon Could Be the Market’s Next Big Comeback Stock
• The Market Just Got Shaken—These 3 ETFs May Come Out Stronger
• Meta Platforms’ Cloud Push: Growth Opportunity Versus AI Concerns

Receive News & Ratings for Tecsys Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Tecsys and related companies with MarketBeat.com's FREE daily email newsletter.