Tecsys (TSE:TCS) Given a C$38.00 Price Target at National Bankshares

Tecsys (TSE:TCS) has been given a C$38.00 price objective by investment analysts at National Bankshares in a report issued on Thursday,BayStreet.CA reports. The brokerage currently has a “sector perform” rating on the stock. National Bankshares’ price target would suggest a potential upside of 18.49% from the company’s current price.

Tecsys Stock Up 0.8%

TCS traded up C$0.26 on Thursday, hitting C$32.07. 5,816 shares of the company were exchanged, compared to its average volume of 18,884. Tecsys has a twelve month low of C$31.49 and a twelve month high of C$47.48. The company has a market cap of C$472.97 million, a price-to-earnings ratio of 89.08 and a beta of 1.00. The company has a current ratio of 1.31, a quick ratio of 1.40 and a debt-to-equity ratio of 2.64. The firm has a 50-day moving average price of C$34.26 and a two-hundred day moving average price of C$36.35.

Tecsys (TSE:TCS) last issued its quarterly earnings results on Wednesday, December 3rd. The company reported C$0.12 earnings per share (EPS) for the quarter. Tecsys had a net margin of 1.49% and a return on equity of 3.78%. The company had revenue of C$48.64 million during the quarter. On average, equities analysts predict that Tecsys will post 0.4600739 earnings per share for the current year.

Insider Activity at Tecsys

In related news, Director David Brereton sold 800 shares of Tecsys stock in a transaction on Friday, December 12th. The shares were sold at an average price of C$32.73, for a total transaction of C$26,184.00. Following the sale, the director directly owned 737,772 shares in the company, valued at C$24,147,277.56. This trade represents a 0.11% decrease in their position. Also, insider Briarwood Capital Partners Lp acquired 39,400 shares of the firm’s stock in a transaction on Thursday, November 13th. The stock was bought at an average price of C$34.25 per share, with a total value of C$1,349,450.00. Following the purchase, the insider directly owned 1,702,565 shares of the company’s stock, valued at C$58,312,851.25. This represents a 2.37% increase in their ownership of the stock. Insiders have sold a total of 2,200 shares of company stock valued at $73,550 in the last 90 days. Insiders own 17.05% of the company’s stock.

Tecsys Company Profile

Tecsys Inc is engaged in the development and sale of enterprise supply chain management software for distribution, warehousing, transportation logistics, point-of-use and order management. It also provides related consulting, education and support services. The company serves healthcare systems, services parts, third-party logistics, retail and general wholesale distribution industries.