Enghouse Systems (TSE:ENGH) Shares Up 0.1% – Here’s What Happened

Enghouse Systems Limited (TSE:ENGH)’s stock price traded up 0.1% during trading on Monday. The company traded as high as C$16.95 and last traded at C$16.76. Approximately 295,662 shares traded hands during mid-day trading, an increase of 20% from the average session volume of 245,422 shares. The stock had previously closed at C$16.75.

Analyst Ratings Changes

A number of brokerages have weighed in on ENGH. Royal Bank Of Canada lowered their price objective on Enghouse Systems from C$20.00 to C$18.00 and set a “sector perform” rating on the stock in a report on Thursday, June 11th. TD raised their price target on Enghouse Systems from C$16.00 to C$17.00 and gave the company a “hold” rating in a report on Monday, September 14th. Finally, Canadian Imperial Bank of Commerce decreased their price target on Enghouse Systems from C$18.00 to C$17.00 and set a “neutral” rating on the stock in a research note on Thursday, June 11th. Four analysts have rated the stock with a Hold rating, According to MarketBeat, Enghouse Systems currently has a consensus rating of “Hold” and a consensus price target of C$17.80.

Enghouse Systems Trading Up 0.1%

The firm has a market cap of C$903.38 million, a price-to-earnings ratio of 12.99, a PEG ratio of -4.19 and a beta of 0.19. The business has a fifty day moving average of C$16.95 and a two-hundred day moving average of C$16.77. The company has a debt-to-equity ratio of 1.34, a quick ratio of 1.84 and a current ratio of 1.77.

Enghouse Systems (TSE:ENGH) last issued its quarterly earnings data on Thursday, September 10th. The company reported C$0.28 earnings per share (EPS) for the quarter. The firm had revenue of C$117.58 million during the quarter. Enghouse Systems had a return on equity of 11.70% and a net margin of 14.75%. As a group, equities analysts expect that Enghouse Systems Limited will post 1.6991295 earnings per share for the current fiscal year.

Enghouse Systems Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, August 28th. Stockholders of record on Friday, August 28th were given a $0.31 dividend. The ex-dividend date was Friday, August 14th. This represents a $1.24 dividend on an annualized basis and a dividend yield of 7.4%. Enghouse Systems’s dividend payout ratio (DPR) is currently 93.80%.

About Enghouse Systems

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.