Enghouse Systems (TSE:ENGH) Sets New 12-Month Low – What’s Next?

Shares of Enghouse Systems Limited (TSE:ENGH) reached a new 52-week low on Thursday . The company traded as low as C$18.32 and last traded at C$18.39, with a volume of 99811 shares traded. The stock had previously closed at C$18.69.

Analyst Upgrades and Downgrades

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

Enghouse Systems Stock Performance

The firm’s fifty day moving average price is C$20.02 and its 200 day moving average price is C$21.09. The firm has a market cap of C$1.01 billion, a P/E ratio of 13.80, a price-to-earnings-growth ratio of -4.19 and a beta of -0.01. The company has a debt-to-equity ratio of 1.86, a quick ratio of 1.84 and a current ratio of 1.81.

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

Enghouse Systems Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Friday, November 28th. Investors of record on Friday, November 28th were given a dividend of $0.30 per share. The ex-dividend date of this dividend was Friday, November 14th. This represents a $1.20 dividend on an annualized basis and a yield of 6.5%. Enghouse Systems’s dividend payout ratio is presently 83.58%.

About Enghouse Systems

Enghouse Systems Ltd is a Canada-based provider of software and services to a variety of end markets. The firm’s operations are organized in two segments namely, the Interactive Management Group and the Asset Management Group. The firm has operations in Canada, the United States, the United Kingdom, France, Germany, Sweden, Israel, Croatia, Denmark, Norway, India, Japan, Hong Kong, Singapore, and Australia etc.