Enghouse Systems Limited (TSE:ENGH) Receives C$41.70 Average PT from Analysts

Shares of Enghouse Systems Limited (TSE:ENGHGet Rating) have earned a consensus recommendation of “Moderate Buy” from the six analysts that are presently covering the stock, MarketBeat.com reports. One analyst has rated the stock with a hold recommendation and four have issued a buy recommendation on the company. The average 12-month price objective among analysts that have updated their coverage on the stock in the last year is C$41.70.

ENGH has been the topic of a number of analyst reports. CIBC cut Enghouse Systems from an “outperform” rating to a “hold” rating and dropped their target price for the company from C$47.00 to C$33.50 in a research report on Thursday, June 9th. BMO Capital Markets set a C$44.00 price objective on Enghouse Systems and gave the stock an “outperform” rating in a report on Thursday. Royal Bank of Canada lowered their price objective on Enghouse Systems from C$50.00 to C$45.00 and set an “outperform” rating on the stock in a report on Thursday, June 9th. CLSA reissued a “buy” rating on shares of Enghouse Systems in a research note on Wednesday. Finally, TD Securities reduced their price target on shares of Enghouse Systems from C$50.00 to C$35.00 and set a “buy” rating on the stock in a research report on Thursday, June 9th.

Insider Activity

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

Enghouse Systems Stock Performance

Shares of ENGH stock opened at C$29.61 on Thursday. The firm has a market capitalization of C$1.64 billion and a price-to-earnings ratio of 18.17. The company has a debt-to-equity ratio of 4.78, a current ratio of 1.94 and a quick ratio of 1.86. The business has a fifty day moving average of C$31.74 and a 200 day moving average of C$33.92. Enghouse Systems has a 1 year low of C$23.96 and a 1 year high of C$61.45.

Enghouse Systems Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Wednesday, August 31st. Stockholders of record on Wednesday, August 31st were given a $0.185 dividend. The ex-dividend date was Tuesday, August 16th. This represents a $0.74 annualized dividend and a dividend yield of 2.50%. Enghouse Systems’s dividend payout ratio is presently 39.26%.

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.

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Analyst Recommendations for Enghouse Systems (TSE:ENGH)

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