Enghouse Systems (TSE:ENGH) Given a C$44.00 Price Target at BMO Capital Markets

BMO Capital Markets set a C$44.00 price objective on Enghouse Systems (TSE:ENGHGet Rating) in a research note released on Thursday, BayStreet.CA reports. The firm currently has an outperform rating on the stock.

Other equities analysts have also recently issued research reports about the company. CIBC cut Enghouse Systems from an outperform rating to a hold rating and cut their price target for the company from C$47.00 to C$33.50 in a report on Thursday, June 9th. TD Securities dropped their target price on Enghouse Systems from C$50.00 to C$35.00 and set a buy rating for the company in a report on Thursday, June 9th. Royal Bank of Canada dropped their target price on Enghouse Systems from C$50.00 to C$45.00 and set an outperform rating for the company in a report on Thursday, June 9th. Finally, CLSA reiterated a buy rating on shares of Enghouse Systems in a report on Wednesday. Two research analysts have rated the stock with a hold rating and four have assigned a buy rating to the company’s stock. According to data from MarketBeat.com, the stock presently has an average rating of Moderate Buy and a consensus price target of C$41.70.

Enghouse Systems Stock Performance

TSE ENGH opened at C$32.88 on Thursday. The stock has a market capitalization of C$1.82 billion and a PE ratio of 20.17. The business has a 50 day simple moving average of C$31.72 and a two-hundred day simple moving average of C$34.04. The company has a debt-to-equity ratio of 4.78, a current ratio of 1.94 and a quick ratio of 1.86. Enghouse Systems has a 1-year low of C$23.96 and a 1-year high of C$63.31.

Enghouse Systems Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Wednesday, August 31st. Shareholders of record on Wednesday, August 31st were given a dividend of $0.185 per share. This represents a $0.74 dividend on an annualized basis and a yield of 2.25%. The ex-dividend date of this dividend was Tuesday, August 16th. Enghouse Systems’s dividend payout ratio (DPR) is presently 39.26%.

Insider Buying and Selling at Enghouse Systems

In other news, Senior Officer Sam Anidjar bought 15,000 shares of the firm’s stock in a transaction on Monday, June 13th. The stock was acquired at an average cost of C$25.38 per share, with a total value of C$380,700.00. Following the transaction, the insider now directly owns 15,000 shares in the company, valued at approximately C$380,700. In related news, Director Paul James Stoyan purchased 1,000 shares of Enghouse Systems stock in a transaction dated Monday, June 20th. The stock was purchased at an average cost of C$26.79 per share, with a total value of C$26,785.00. Following the transaction, the director now owns 1,000 shares in the company, valued at approximately C$26,785. Also, Senior Officer Sam Anidjar purchased 15,000 shares of Enghouse Systems stock in a transaction dated Monday, June 13th. The stock was bought at an average cost of C$25.38 per share, with a total value of C$380,700.00. Following the completion of the transaction, the insider now owns 15,000 shares in the company, valued at approximately C$380,700.

Enghouse Systems Company Profile

(Get Rating)

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.

See Also

Analyst Recommendations for Enghouse Systems (TSE:ENGH)

Receive News & Ratings for Enghouse Systems Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Enghouse Systems and related companies with MarketBeat.com's FREE daily email newsletter.