Enghouse Systems (TSE:ENGH) Price Target Cut to C$40.00 by Analysts at Royal Bank of Canada

Enghouse Systems (TSE:ENGH) had its price objective decreased by Royal Bank of Canada from C$43.00 to C$40.00 in a research note published on Monday,BayStreet.CA reports.

Separately, TD Securities decreased their price objective on Enghouse Systems from C$34.00 to C$29.00 and set a “hold” rating for the company in a research report on Monday.

Enghouse Systems Stock Down 0.1 %

TSE:ENGH opened at C$27.32 on Monday. Enghouse Systems has a 1 year low of C$27.00 and a 1 year high of C$38.47. The stock has a 50-day moving average price of C$30.44 and a two-hundred day moving average price of C$30.26. The stock has a market cap of C$1.51 billion, a price-to-earnings ratio of 17.97, a PEG ratio of -4.19 and a beta of 0.67. The company has a current ratio of 1.69, a quick ratio of 1.84 and a debt-to-equity ratio of 2.29.

Enghouse Systems Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Friday, November 29th. Investors 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 payout ratio is presently 68.42%.

Insider Buying and Selling at Enghouse Systems

In related news, Senior Officer Vincent Mifsud sold 83,800 shares of Enghouse Systems stock in a transaction dated Monday, October 7th. The stock was sold at an average price of C$32.15, for a total transaction of C$2,694,170.00. Company insiders own 21.95% of the company’s stock.

Enghouse Systems Company Profile

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.