Should I buy or sell Sylogist stock right now?

5 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Sylogist in the last year. There are currently 5 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" SYZ shares. View SYZ analyst ratings or view top-rated stocks .

What is Sylogist's stock price target for 2024?

5 Wall Street analysts have issued twelve-month price targets for Sylogist's shares. Their SYZ share price targets range from C$8.50 to C$14.00. On average, they predict the company's stock price to reach C$11.50 in the next year. This suggests a possible upside of 26.9% from the stock's current price. View analysts price targets for SYZ or view top-rated stocks among Wall Street analysts .

How have SYZ shares performed in 2024?

Sylogist's stock was trading at C$7.46 at the start of the year. Since then, SYZ shares have increased by 21.4% and is now trading at C$9.06. View the best growth stocks for 2024 here .

When is Sylogist's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, May 9th 2024. View our SYZ earnings forecast .

How were Sylogist's earnings last quarter?

Sylogist Ltd. (TSE:SYZ) announced its quarterly earnings data on Thursday, March, 14th. The company reported $0.01 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.05 by $0.04. The firm had revenue of $16.17 million for the quarter, compared to analysts' expectations of $16.43 million. Sylogist had a net margin of 1.68% and a trailing twelve-month return on equity of 2.84%.

How often does Sylogist pay dividends? What is the dividend yield for Sylogist?

Sylogist announced a quarterly dividend on Friday, February 16th. Investors of record on Thursday, February 29th will be paid a dividend of 0.01 per share on Wednesday, March 13th. This represents a $0.04 annualized dividend and a yield of 0.44%. The ex-dividend date is Wednesday, February 28th. Read our dividend analysis for SYZ .

Is Sylogist a good dividend stock?

Sylogist (TSE:SYZ) pays an annual dividend of C$0.04 per share and currently has a dividend yield of 0.46%. The dividend payout ratio is 80.00%. Payout ratios above 75% are not desirable because they may not be sustainable. Read our dividend analysis for SYZ .

How do I buy shares of Sylogist?

Shares of SYZ stock and other Canadian stocks can be purchased through an online brokerage account. Popular online brokerages with access to the Canadian stock market include BMO InvestorLine, CIBC Investor's Edge, Desjardins Online Brokerage, HSBC InvestDirect, Laurentian Bank Discount Brokerage, National Bank Direct Brokerage, Qtrade Investor , Questrade, RBC Direct Investing, Scotia iTrade, TD Direct Investing, and Virtual Brokers. Compare Top Brokerages Here .

TSE:SYZ

Sylogist (SYZ) Stock Price, News & Analysis

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Free SYZ Stock Alerts

C$9.06

-0.25 (-2.69%)

(As of 04/19/2024 ET)

Compare

Today's Range: C$9.06
▼
C$9.32
50-Day Range: C$8.03
▼
C$9.90
52-Week Range: C$5.40
▼
C$9.96

Volume: 63,521 shs
Average Volume: 56,121 shs
Market Capitalization: C$212.64 million

P/E Ratio: 181.20
Dividend Yield: 0.44%
Price Target: C$11.50

Stock Analysis Analyst Forecasts Chart Competitors Dividend Earnings Headlines Insider Trades

Get Sylogist alerts:

Sylogist MarketRank™ Stock Analysis

Analyst Rating: Buy
3.00 Rating Score
Upside/Downside: 26.9% Upside
C$11.50 Price Target
Short Interest: N/A
Dividend Strength: Weak
Based on Four Factors
Sustainability: N/A
News Sentiment: 0.30
Based on 8 Articles This Week
Insider Trading: N/A
Proj. Earnings Growth: N/A

Overall MarketRank^™

New Rank-Based ScoringMarketRank^™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

1.02 out of 5 stars

3.5

Analyst's Opinion

Consensus Rating
Sylogist has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 5 buy ratings, no hold ratings, and no sell ratings.
Amount of Analyst Coverage
Sylogist has only been the subject of 3 research reports in the past 90 days.

N/A

Short Interest

Short Interest
There is no current short interest data available for SYZ.

0.0

Dividend Strength

Dividend Yield
Sylogist has a dividend yield of 0.46%, which is in the bottom 25% of all stocks that pay dividends.
Dividend Growth
Sylogist does not have a long track record of dividend growth.
Dividend Coverage
The dividend payout ratio of Sylogist is 80.00%. Payout ratios above 75% are not desirable because they may not be sustainable.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for SYZ.

1.8

News and Social Media Coverage

News Sentiment
Sylogist has a news sentiment score of 0.30. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.49 average news sentiment score of Computer and Technology companies.
News Coverage This Week
MarketBeat has tracked 8 news articles for Sylogist this week, compared to 1 article on an average week.

0.0

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Sylogist insiders have not sold or bought any company stock.
Percentage Held by Insiders
Only 5.16% of the stock of Sylogist is held by insiders.
Percentage Held by Institutions
Only 26.50% of the stock of Sylogist is held by institutions.

0.6

Earnings and Valuation

Price to Earnings Ratio vs. the Market
The P/E ratio of Sylogist is 181.20, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 144.59.
Price to Earnings Ratio vs. Sector
The P/E ratio of Sylogist is 181.20, which means that it is trading at a less expensive P/E ratio than the Computer and Technology sector average P/E ratio of about 250.26.
Price to Book Value per Share Ratio
Sylogist has a P/B Ratio of 5.66. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

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About Sylogist Stock (TSE:SYZ)

Sylogist Ltd., a software company, provides software-as-a-service solutions in Canada, the United States, and the United Kingdom. The company manages IT services, business applications, and Web portals. The company was incorporated in 1993 and is headquartered in Calgary, Canada.

SYZ Stock Price History

30 days | 90 days | 365 days | Advanced Chart

SYZ Stock News Headlines

April 17, 2024 | americanbankingnews.com

Echelon Wealth Partners Brokers Cut Earnings Estimates for Sylogist Ltd. (TSE:SYZ)

April 16, 2024 | americanbankingnews.com

Sylogist (TSE:SYZ) Given New C$12.50 Price Target at Echelon Wealth Partners

April 20, 2024 | Crypto 101 Media (Ad)

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March 29, 2024 | msn.com

Got $5,000? 5 Stocks to Buy for Lasting Wealth

March 20, 2024 | finance.yahoo.com

Sylogist Full Year 2023 Earnings: EPS Misses Expectations

March 15, 2024 | wsj.com

Sylogist Ltd.

March 14, 2024 | finance.yahoo.com

Sylogist (TSE:SYZ) Could Be Struggling To Allocate Capital

March 14, 2024 | finanznachrichten.de

Sylogist Ltd.: Sylogist Reports Record Fourth Quarter and Full Year 2023 Results

April 20, 2024 | Crypto 101 Media (Ad)

SHOCKING Crypto Leak…

February 21, 2024 | theglobeandmail.com

Analysts’ forecast returns, recommendations and yields for all stocks in the S&P/TSX SmallCap Index

February 5, 2024 | msn.com

Here's How a Strategy Shift Impacted Sylogist (SYZLF)

February 3, 2024 | seekingalpha.com

Greystone Capital Q4 2023 Letter To Clients

February 2, 2024 | theglobeandmail.com

Pubtech Assertive Yield Targets 2X Growth in 2024 After Hitting $750M Traded Revenue Milestone in 2023

January 31, 2024 | realmoney.thestreet.com

Sylogist initiated with bullish view at Stifel, here's why

January 25, 2024 | finance.yahoo.com

Sylogist Ltd. (TSE:SYZ) Shares Could Be 48% Below Their Intrinsic Value Estimate

December 15, 2023 | finance.yahoo.com

Shareholders in Sylogist (TSE:SYZ) are in the red if they invested five years ago

November 11, 2023 | markets.businessinsider.com

Canaccord Genuity Believes Sylogist (SYZ) Still Has Room to Grow

November 9, 2023 | finance.yahoo.com

SYLOGIST Reports Strong Third Quarter 2023 Results

November 6, 2023 | morningstar.com

Sylogist Ltd SYZ

November 1, 2023 | finance.yahoo.com

Sylogist to Host Third Quarter 2023 Earnings Conference Call

October 12, 2023 | theglobeandmail.com

Closing Bell: Sylogist Ltd up on Thursday (SYZ)

October 6, 2023 | finance.yahoo.com

Sylogist (TSE:SYZ) Will Be Looking To Turn Around Its Returns

October 3, 2023 | theglobeandmail.com

Closing Bell: Sylogist Ltd down on Monday (SYZ)

September 9, 2023 | finance.yahoo.com

Can Sylogist Ltd.'s (TSE:SYZ) Weak Financials Pull The Plug On The Stock's Current Momentum On Its Share Price?

August 28, 2023 | finance.yahoo.com

Sylogist Ltd. Announces Changes to Board of Directors

August 17, 2023 | theglobeandmail.com

Closing Bell: Sylogist Ltd down on Thursday (SYZ)

August 17, 2023 | theglobeandmail.com

Closing Bell: Sylogist Ltd up on Wednesday (SYZ)

See More Headlines

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Company Calendar

Ex-Dividend for 3/13 Dividend: 2/28/2024
Dividend Payable: 3/13/2024
Last Earnings: 3/14/2024
Today: 4/20/2024
Next Earnings (Estimated): 5/09/2024

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Industry, Sector and Symbol

Stock Exchange: TSE
Sector: Computer and Technology
Industry: Software - Application
Sub-Industry: N/A
Current Symbol: TSE:SYZ
CUSIP: N/A
CIK: N/A
Web: www.sylogist.com
Phone: 403 266 4808
Fax: N/A
Employees: N/A
Year Founded: N/A

Price Target and Rating

Average Stock Price Target: C$11.50
High Stock Price Target: C$14.00
Low Stock Price Target: C$8.50
Potential Upside/Downside: +26.9%
Consensus Rating: Buy
Rating Score (0-4): 3.00
Research Coverage: 5 Analysts

Profitability

EPS (Most Recent Fiscal Year): C$0.05
Trailing P/E Ratio: 181.20
Forward P/E Ratio: 44.25
P/E Growth: N/A
Net Income: C$1.10 million
Net Margins: 1.68%
Pretax Margin: N/A
Return on Equity: 2.84%
Return on Assets: 3.56%

Debt

Debt-to-Equity Ratio: 47.19
Current Ratio: 0.54
Quick Ratio: 0.51

Sales & Book Value

Annual Sales: C$65.51 million
Price / Sales: 3.25
Cash Flow: C$1.29 per share
Price / Cash Flow: 7.02
Book Value: C$1.60 per share
Price / Book: 5.66

Miscellaneous

Outstanding Shares: 23,470,000
Free Float: N/A
Market Cap: C$212.64 million
Optionable: Not Optionable
Beta: 0.84

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Key Executives

Mr. William C. Wood (Age 61)
President, CEO & Non-Independent Director
Comp: $1.05M
Mr. Xavier Shorter (USA)
and CPA, CA (Canada), CPA, VP of Finance & Operation
Ms. Theresa LoPresti
Chief Technology & Innovation Officer
Mr. Sujeet Kini (Age 62)
Chief Financial Officer
Mr. Rudy Shirra
Manager of Corporate Development & Investor Relations
Ms. Donna Smiley
Chief Customer Officer
Mr. Grant McLarnon
Chief Revenue Officer
Ms. Malgorzata Lewandowski
Corporate Controller & Treasurer
Ms. Tracy Harder
VP of Talent & Engagement

Key Competitors

View All Competitors

SYZ Stock Analysis - Frequently Asked Questions

Should I buy or sell Sylogist stock right now?: 5 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Sylogist in the last year. There are currently 5 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" SYZ shares.
View SYZ analyst ratings or view top-rated stocks.
What is Sylogist's stock price target for 2024?: 5 Wall Street analysts have issued twelve-month price targets for Sylogist's shares. Their SYZ share price targets range from C$8.50 to C$14.00. On average, they predict the company's stock price to reach C$11.50 in the next year. This suggests a possible upside of 26.9% from the stock's current price.
View analysts price targets for SYZ or view top-rated stocks among Wall Street analysts.
How have SYZ shares performed in 2024?: Sylogist's stock was trading at C$7.46 at the start of the year. Since then, SYZ shares have increased by 21.4% and is now trading at C$9.06.
View the best growth stocks for 2024 here.
When is Sylogist's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Thursday, May 9th 2024.
View our SYZ earnings forecast.

How were Sylogist's earnings last quarter?: Sylogist Ltd. (TSE:SYZ) announced its quarterly earnings data on Thursday, March, 14th. The company reported $0.01 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.05 by $0.04. The firm had revenue of $16.17 million for the quarter, compared to analysts' expectations of $16.43 million. Sylogist had a net margin of 1.68% and a trailing twelve-month return on equity of 2.84%.
How often does Sylogist pay dividends? What is the dividend yield for Sylogist?: Sylogist announced a quarterly dividend on Friday, February 16th. Investors of record on Thursday, February 29th will be paid a dividend of 0.01 per share on Wednesday, March 13th. This represents a $0.04 annualized dividend and a yield of 0.44%. The ex-dividend date is Wednesday, February 28th.
Read our dividend analysis for SYZ.
Is Sylogist a good dividend stock?: Sylogist (TSE:SYZ) pays an annual dividend of C$0.04 per share and currently has a dividend yield of 0.46%. The dividend payout ratio is 80.00%. Payout ratios above 75% are not desirable because they may not be sustainable.
Read our dividend analysis for SYZ.
How do I buy shares of Sylogist?: Shares of SYZ stock and other Canadian stocks can be purchased through an online brokerage account. Popular online brokerages with access to the Canadian stock market include BMO InvestorLine, CIBC Investor's Edge, Desjardins Online Brokerage, HSBC InvestDirect, Laurentian Bank Discount Brokerage, National Bank Direct Brokerage, Qtrade Investor, Questrade, RBC Direct Investing, Scotia iTrade, TD Direct Investing, and Virtual Brokers.
Compare Top Brokerages Here.

This page (TSE:SYZ) was last updated on 4/20/2024 by MarketBeat.com Staff

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Sylogist (SYZ) Stock Price, News & Analysis

Sylogist MarketRank™ Stock Analysis

Overall MarketRank™

Analyst's Opinion

Short Interest

Short Interest

Dividend Strength

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score

News and Social Media Coverage

News Sentiment

News Coverage This Week

Company Ownership

Earnings and Valuation

About Sylogist Stock (TSE:SYZ)

SYZ Stock Price History

SYZ Stock News Headlines

Company Calendar

Industry, Sector and Symbol

Price Target and Rating

Profitability

Debt

Sales & Book Value

Miscellaneous

Key Executives

Key Competitors

SYZ Stock Analysis - Frequently Asked Questions

Overall MarketRank^™