Zacks Investment Research upgraded shares of Top Image Systems (NASDAQ:TISA) from a sell rating to a hold rating in a research note published on Tuesday morning.

According to Zacks, “Top Image Systems, Ltd., develops and markets form processing, information recognition and data entry software, systems and technologies. The company’s software minimizes the need for manual data-entry by automatically reading and processing the information contained in forms, increasing data capture accuracy and the rate of information processing. TiS’ award-winning AFPSPro software provides a complete, cost-effective, reliable solution for mid to high-volume production form processing. (PRESS RELEASE) “

Several other research analysts have also weighed in on the stock. ValuEngine upgraded shares of Top Image Systems from a strong sell rating to a sell rating in a research note on Friday, February 2nd. HC Wainwright set a $3.00 price objective on shares of Top Image Systems and gave the company a buy rating in a research note on Friday, November 17th. One research analyst has rated the stock with a sell rating, two have issued a hold rating and two have assigned a buy rating to the company’s stock. Top Image Systems currently has a consensus rating of Hold and an average price target of $2.50.

Top Image Systems (NASDAQ:TISA) opened at $1.01 on Tuesday. The firm has a market cap of $18.20, a P/E ratio of -2.06 and a beta of 1.14. Top Image Systems has a 12 month low of $0.96 and a 12 month high of $1.75.

Top Image Systems (NASDAQ:TISA) last released its quarterly earnings data on Wednesday, November 15th. The software maker reported ($0.08) earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of ($0.05) by ($0.03). The company had revenue of $7.06 million during the quarter, compared to analyst estimates of $7.90 million. Top Image Systems had a negative net margin of 30.77% and a negative return on equity of 50.20%. equities research analysts expect that Top Image Systems will post -0.32 earnings per share for the current year.

ILLEGAL ACTIVITY NOTICE: “Top Image Systems (TISA) Stock Rating Upgraded by Zacks Investment Research” was published by Daily Political and is the property of of Daily Political. If you are accessing this article on another website, it was illegally copied and republished in violation of United States and international trademark and copyright law. The correct version of this article can be accessed at https://www.dailypolitical.com/2018/02/09/top-image-systems-tisa-stock-rating-upgraded-by-zacks-investment-research.html.

Top Image Systems Company Profile

Top Image Systems Ltd. (TIS) is a developer and marketer of intelligent content capture and workflow automation solutions for managing and validating incoming content in any format from any source. The Company’s solutions deliver digital content to the people and applications that drive an enterprise by using advanced network, mobile and cloud technologies.

Get a free copy of the Zacks research report on Top Image Systems (TISA)

For more information about research offerings from Zacks Investment Research, visit Zacks.com

Receive News & Ratings for Top Image Systems Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Top Image Systems and related companies with MarketBeat.com's FREE daily email newsletter.