Enghouse Systems Limited Plans Quarterly Dividend of $0.30 (TSE:ENGH)

Enghouse Systems Limited (TSE:ENGH) announced a quarterly dividend on Friday, February 13th, TickerTech Dividends reports. Stockholders of record on Friday, February 27th will be paid a dividend of 0.30 per share on Friday, February 27th. This represents a c) dividend on an annualized basis and a dividend yield of 7.0%. The ex-dividend date of this dividend is Friday, February 13th.

Enghouse Systems Stock Performance

Shares of ENGH traded down C$0.40 during mid-day trading on Friday, hitting C$17.24. 337,212 shares of the company traded hands, compared to its average volume of 330,850. The company has a debt-to-equity ratio of 1.86, a quick ratio of 1.84 and a current ratio of 1.81. The stock has a 50-day moving average price of C$19.56 and a two-hundred day moving average price of C$20.68. Enghouse Systems has a 1 year low of C$17.19 and a 1 year high of C$27.70. The stock has a market cap of C$942.20 million, a price-to-earnings ratio of 12.87, a P/E/G ratio of -4.19 and a beta of -0.25.

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

Analysts Set New Price Targets

A number of equities analysts have recently issued reports on the company. Royal Bank Of Canada dropped their price target on Enghouse Systems from C$24.00 to C$22.00 and set a “sector perform” rating on the stock in a research note on Wednesday, December 17th. UBS Group dropped their target price on Enghouse Systems from C$22.00 to C$20.00 in a research report on Monday, December 8th. One research analyst has rated the stock with a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, the company has an average rating of “Reduce” and an average target price of C$22.33.

Enghouse Systems Company Profile

Enghouse Systems Limited is a Canadian publicly traded company (TSX: ENGH) that provides mission-critical vertically focused enterprise software solutions. Our core technologies are used for contact centers, video communications, virtual healthcare, education, telecommunications, networks, IPTV, public safety and transit. The Company’s two-pronged strategy to grow earnings focuses on both organic growth and acquisitions, which, to date, have been funded through net cash provided by operating activities as the Company has no external debt financing.