Enghouse Systems (TSE:ENGH) Shares Climb 0.1% – Should You Buy?

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

Analyst Ratings Changes

ENGH has been the subject of a number of analyst reports. 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 for the company in a report on Thursday, June 11th. TD boosted their price objective 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, Royal Bank Of Canada reduced their price target on shares of Enghouse Systems from C$20.00 to C$18.00 and set a “sector perform” rating on the stock in a research report on Thursday, June 11th. Four analysts have rated the stock with a Hold rating, According to data from MarketBeat, the company presently has an average rating of “Hold” and an average price target of C$17.80.

Enghouse Systems Price Performance

The company has a debt-to-equity ratio of 1.34, a current ratio of 1.77 and a quick ratio of 1.84. The stock has a market capitalization of C$902.84 million, a price-to-earnings ratio of 12.98, a price-to-earnings-growth ratio of -4.19 and a beta of 0.20. The company has a 50-day simple moving average of C$16.94 and a two-hundred day simple moving average of C$16.78.

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

Enghouse Systems Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Friday, August 28th. Shareholders of record on Friday, August 28th were paid a dividend of $0.31 per share. This represents a $1.24 dividend on an annualized basis and a yield of 7.4%. The ex-dividend date of this dividend was Friday, August 14th. Enghouse Systems’s payout ratio is presently 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.