Enghouse Systems (TSE:ENGH) Reaches New 12-Month Low – Should You Sell?

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

Wall Street Analysts Forecast Growth

A number of research analysts have recently weighed in on the company. UBS Group dropped their target price on Enghouse Systems from C$22.00 to C$20.00 in a report on Monday, December 8th. Royal Bank Of Canada lowered their price target on 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. 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, Enghouse Systems presently has an average rating of “Reduce” and a consensus target price of C$22.33.

Enghouse Systems Stock Up 1.1%

The stock has a 50-day moving average of C$19.96 and a 200 day moving average of C$21.04. The company has a market capitalization of C$1.02 billion, a PE ratio of 13.96, a P/E/G ratio of -4.19 and a beta of -0.01. The company has a quick ratio of 1.84, a current ratio of 1.81 and a debt-to-equity ratio of 1.86.

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

Enghouse Systems Dividend Announcement

The business also recently declared 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 was Friday, November 14th. This represents a $1.20 annualized dividend and a yield of 6.4%. Enghouse Systems’s dividend payout ratio is presently 83.58%.

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.