Enghouse Systems (TSE:ENGH) Price Target Lowered to C$29.00 at TD Securities

Enghouse Systems (TSE:ENGH) had its price target lowered by TD Securities from C$34.00 to C$29.00 in a research note published on Monday morning,BayStreet.CA reports. The firm currently has a hold rating on the stock.

Enghouse Systems Stock Down 0.1 %

Shares of Enghouse Systems stock opened at C$27.32 on Monday. The company has a quick ratio of 1.84, a current ratio of 1.69 and a debt-to-equity ratio of 2.29. Enghouse Systems has a 12-month low of C$27.00 and a 12-month high of C$38.47. The firm has a market capitalization of C$1.51 billion, a PE ratio of 17.97, a price-to-earnings-growth ratio of -4.19 and a beta of 0.67. The stock’s fifty day moving average is C$30.44 and its 200-day moving average is C$30.26.

Enghouse Systems Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Friday, November 29th. Stockholders of record on Friday, November 29th were issued a dividend of $0.26 per share. The ex-dividend date was Friday, November 15th. This represents a $1.04 dividend on an annualized basis and a dividend yield of 3.81%. Enghouse Systems’s dividend payout ratio is currently 68.42%.

Insider Activity at Enghouse Systems

In other news, Senior Officer Vincent Mifsud sold 83,800 shares of the stock in a transaction that occurred on Monday, October 7th. The shares were sold at an average price of C$32.15, for a total value of C$2,694,170.00. 21.95% of the stock is owned by insiders.

About Enghouse Systems

Enghouse Systems Limited, together with its subsidiaries, develops enterprise software solutions worldwide. It operates through two segments, Interactive Management Group and Asset Management Group. The Interactive Management Group segment provides customer interaction software and services to facilitate remote work, enhance customer service, increase efficiency, and manage customer communications across various types of interactions, including voice, email, web chats, text, and video.