TD Analysts Give Enghouse Systems (TSE:ENGH) a C$16.00 Price Target

TD set a C$16.00 target price on Enghouse Systems (TSE:ENGH) in a research report released on Tuesday,BayStreet reports. The brokerage currently has a hold rating on the stock.

Several other equities research analysts have also weighed in on ENGH. Royal Bank Of Canada dropped their price objective 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 note on Thursday, June 11th. Canadian Imperial Bank of Commerce cut their target price on shares of Enghouse Systems from C$18.00 to C$17.00 and set a “neutral” rating on the stock in a report on Thursday, June 11th. Four equities research analysts have rated the stock with a Hold rating, According to MarketBeat, the stock has a consensus rating of “Hold” and a consensus target price of C$17.60.

Enghouse Systems Stock Up 0.9%

ENGH stock opened at C$15.64 on Tuesday. The firm has a market cap of C$850.36 million, a price-to-earnings ratio of 11.85, a PEG ratio of -4.19 and a beta of 0.19. Enghouse Systems has a 1-year low of C$14.80 and a 1-year high of C$21.83. The firm has a fifty day moving average price of C$16.75 and a two-hundred day moving average price of C$16.83. The company has a debt-to-equity ratio of 1.51, a current ratio of 1.77 and a quick ratio of 1.84.

Enghouse Systems (TSE:ENGH) last posted its quarterly earnings results on Thursday, September 10th. The company reported C$0.28 earnings per share (EPS) for the quarter. Enghouse Systems had a net margin of 14.88% and a return on equity of 11.97%. The company had revenue of C$117.58 million for the quarter. Research analysts predict that Enghouse Systems will post 1.6991295 EPS for the current year.

Enghouse Systems Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Friday, August 28th. Shareholders of record on Friday, August 28th were given a $0.31 dividend. The ex-dividend date of this dividend was Friday, August 14th. This represents a $1.24 annualized dividend and a yield of 7.9%. Enghouse Systems’s dividend payout ratio (DPR) is currently 90.91%.

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.