Sylogist (SYZ) Set to Announce Quarterly Earnings on Thursday

Sylogist (TSE:SYZ) is set to release its earnings data before the market opens on Thursday, November 7th. Analysts expect Sylogist to post earnings of C$0.05 per share for the quarter.

Sylogist (TSE:SYZ) last released its quarterly earnings results on Thursday, August 8th. The company reported C($0.01) EPS for the quarter, missing the consensus estimate of C$0.05 by C($0.06). Sylogist had a net margin of 0.34% and a return on equity of 0.61%. The company had revenue of C$17.40 million for the quarter, compared to the consensus estimate of C$17.33 million.

Sylogist Trading Down 0.3 %

Shares of TSE SYZ opened at C$11.00 on Tuesday. The company’s 50 day simple moving average is C$11.04 and its 200 day simple moving average is C$10.31. Sylogist has a fifty-two week low of C$6.51 and a fifty-two week high of C$11.60. The firm has a market capitalization of C$256.85 million, a P/E ratio of 1,100.00 and a beta of 0.82. The company has a debt-to-equity ratio of 53.47, a current ratio of 0.45 and a quick ratio of 0.51.

Sylogist Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, September 11th. Investors of record on Wednesday, September 11th were issued a $0.01 dividend. The ex-dividend date was Friday, August 30th. This represents a $0.04 annualized dividend and a yield of 0.36%. Sylogist’s dividend payout ratio is currently 400.00%.

Insider Activity

In other news, Director Taylor Gray sold 10,000 shares of Sylogist stock in a transaction dated Tuesday, October 15th. The shares were sold at an average price of C$10.81, for a total value of C$108,100.00. Insiders own 3.34% of the company’s stock.

Analyst Upgrades and Downgrades

Several research firms have weighed in on SYZ. Ventum Cap Mkts upgraded shares of Sylogist to a “strong-buy” rating in a report on Tuesday, July 16th. Acumen Capital set a C$13.25 target price on shares of Sylogist in a report on Friday, August 9th. Finally, Cormark increased their target price on shares of Sylogist from C$12.25 to C$14.00 in a report on Friday, August 9th. Four equities research analysts have rated the stock with a buy rating and one has given a strong buy rating to the company’s stock. According to data from MarketBeat, the stock currently has a consensus rating of “Buy” and an average price target of C$12.96.

Sylogist Company Profile

Sylogist Ltd., a software company, provides mission-critical software-as-a-service solutions in Canada, the United States, and the United Kingdom. The company offers SylogistMission constituent relationship management system, which includes donor management, fundraising, volunteer management, and program delivery; and enterprise resource management, such as accounting and financial management, grant and award management, budget management, payroll and human resources, analytics and reporting, and support and training.