Temenos Group (OTCMKTS:TMSNY) Shares Gap Down – Here’s What Happened

Temenos Group (OTCMKTS:TMSNY) shares gapped down before the market opened on Thursday . The stock had previously closed at $102.6470, but opened at $95.93. Temenos Group shares last traded at $95.08, with a volume of 40 shares changing hands.

Wall Street Analyst Weigh In

TMSNY has been the topic of several research reports. Barclays upgraded Temenos Group from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, March 4th. Citigroup upgraded Temenos Group from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, April 14th. Finally, Berenberg Bank upgraded Temenos Group to a “hold” rating in a research note on Friday, March 20th. Two analysts have rated the stock with a Strong Buy rating and three have assigned a Hold rating to the company. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy”.

Temenos Group Stock Performance

The firm has a market capitalization of $6.71 billion, a P/E ratio of 150.56, a price-to-earnings-growth ratio of 2.00 and a beta of 0.75. The stock has a 50-day moving average of $91.11 and a 200 day moving average of $91.61. The company has a debt-to-equity ratio of 1.66, a quick ratio of 0.58 and a current ratio of 0.58.

Temenos Group (OTCMKTS:TMSNY) last released its quarterly earnings results on Thursday, February 26th. The company reported $0.62 EPS for the quarter. The business had revenue of $314.64 million for the quarter. Temenos Group had a return on equity of 52.71% and a net margin of 25.72%. On average, research analysts anticipate that Temenos Group will post 4.76 earnings per share for the current year.

Temenos Group Company Profile

Temenos Group is a leading provider of banking software systems, specializing in core banking platforms and digital front‐end solutions for financial institutions worldwide. The company’s flagship product, Temenos Transact, delivers end‐to‐end core banking functionality, enabling banks to manage accounts, deposits, loans and payments on a unified platform. Complementing this offering, Temenos Infinity provides digital banking capabilities, including online and mobile channels, customer onboarding, relationship management and analytics tools designed to enhance customer engagement and operational efficiency.

Founded in Geneva in 1993, Temenos serves more than 3,000 financial institutions across over 150 countries, ranging from community banks and credit unions to global systemically important banks.