Enghouse Systems (TSE:ENGH) Sets New 52-Week Low – What’s Next?

Enghouse Systems Limited (TSE:ENGH) shares hit a new 52-week low during mid-day trading on Wednesday . The company traded as low as C$18.62 and last traded at C$18.72, with a volume of 315923 shares. The stock had previously closed at C$19.10.

Wall Street Analyst Weigh In

Several analysts recently commented on ENGH shares. Royal Bank Of Canada reduced 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 report on Wednesday, December 17th. UBS Group dropped their price objective on shares of Enghouse Systems from C$22.00 to C$20.00 in a research note on Monday, December 8th. One equities research analyst has rated the stock with a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, the company presently has a consensus rating of “Reduce” and a consensus target price of C$22.33.

Enghouse Systems Trading Up 0.9%

The company has a fifty day moving average of C$20.11 and a two-hundred day moving average of C$21.24. The company has a quick ratio of 1.84, a current ratio of 1.81 and a debt-to-equity ratio of 1.86. The stock has a market capitalization of C$1.02 billion, a price-to-earnings ratio of 13.92, a P/E/G ratio of -4.19 and a beta of -0.01.

Enghouse Systems (TSE:ENGH) last announced its quarterly earnings data 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. On average, research analysts expect that Enghouse Systems Limited will post 1.6991295 EPS for the current year.

Enghouse Systems Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Friday, November 28th. Investors of record on Friday, November 28th were issued a dividend of $0.30 per share. This represents a $1.20 annualized dividend and a yield of 6.4%. The ex-dividend date of this dividend was Friday, November 14th. Enghouse Systems’s dividend payout ratio is currently 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.