Tecsys (TSE:TCS) Given a C$45.00 Price Target at Industrial Alliance Securities

Industrial Alliance Securities set a C$45.00 price target on Tecsys (TSE:TCS) in a research report report published on Thursday morning, BayStreet.CA reports. The firm currently has a buy rating on the stock.

Tecsys Trading Up 1.8 %

TSE TCS opened at C$28.91 on Thursday. The stock has a market capitalization of C$421.51 million, a price-to-earnings ratio of 206.50 and a beta of 0.55. Tecsys has a one year low of C$23.75 and a one year high of C$34.86. The company has a debt-to-equity ratio of 4.14, a current ratio of 1.45 and a quick ratio of 1.40. The business’s fifty day moving average is C$27.16 and its 200-day moving average is C$26.75.

Tecsys (TSE:TCS) last announced its quarterly earnings data on Thursday, June 29th. The company reported C$0.03 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of C$0.04 by C($0.01). Tecsys had a net margin of 1.37% and a return on equity of 3.00%. The firm had revenue of C$41.19 million during the quarter, compared to the consensus estimate of C$37.85 million. Equities research analysts predict that Tecsys will post 0.2753904 EPS for the current year.

Tecsys Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Friday, August 4th. Shareholders of record on Friday, July 14th were issued a dividend of $0.075 per share. This represents a $0.30 dividend on an annualized basis and a yield of 1.04%. The ex-dividend date was Thursday, July 13th. Tecsys’s payout ratio is presently 214.29%.

Insider Buying and Selling at Tecsys

In other Tecsys news, Director Peter Brereton sold 39,400 shares of Tecsys stock in a transaction dated Tuesday, July 11th. The stock was sold at an average price of C$29.81, for a total transaction of C$1,174,431.26. In other Tecsys news, Director David Brereton sold 4,800 shares of Tecsys stock in a transaction dated Friday, July 14th. The stock was sold at an average price of C$28.69, for a total transaction of C$137,724.96. Also, Director Peter Brereton sold 39,400 shares of the business’s stock in a transaction dated Tuesday, July 11th. The stock was sold at an average price of C$29.81, for a total value of C$1,174,431.26. Insiders own 18.81% of the company’s stock.

Tecsys Company Profile

Tecsys Inc engages in the development, marketing, and sale of enterprise-wide supply chain management software and related services in Canada, the United States, Europe, and internationally. The company offers warehouse management, distribution and transportation management, supply management at point-of-use and order management and fulfillment, as well as financial management and analytics solutions.