Enghouse Systems (TSE:ENGH) Price Target Raised to C$17.00

Enghouse Systems (TSE:ENGH) had its target price lifted by TD from C$16.00 to C$17.00 in a report released on Monday,BayStreet reports. They currently have a hold rating on the stock.

ENGH has been the topic of a number of other research reports. Royal Bank Of Canada lowered their target price on Enghouse Systems from C$20.00 to C$18.00 and set a “sector perform” rating on the stock in a research note on Thursday, June 11th. Canadian Imperial Bank of Commerce cut their price target on Enghouse Systems from C$18.00 to C$17.00 and set a “neutral” rating for the company in a research note on Thursday, June 11th. Four equities research analysts have rated the stock with a Hold rating, According to data from MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus target price of C$17.80.

Enghouse Systems Stock Up 0.1%

ENGH stock opened at C$17.27 on Monday. Enghouse Systems has a 12-month low of C$14.80 and a 12-month high of C$21.83. The company has a quick ratio of 1.84, a current ratio of 1.77 and a debt-to-equity ratio of 1.34. The company has a market cap of C$930.87 million, a price-to-earnings ratio of 13.39, a PEG ratio of -4.19 and a beta of 0.19. The company has a 50 day moving average of C$16.81 and a two-hundred day moving average of C$16.83.

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

Enghouse Systems Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, August 28th. Stockholders of record on Friday, August 28th were issued a dividend of $0.31 per share. The ex-dividend date was Friday, August 14th. This represents a $1.24 dividend on an annualized basis and a dividend yield of 7.2%. 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.