Enghouse Systems (TSE:ENGH) Price Target Cut to C$20.00 by Analysts at Royal Bank Of Canada

Enghouse Systems (TSE:ENGH) had its target price decreased by Royal Bank Of Canada from C$22.00 to C$20.00 in a report issued on Monday,BayStreet.CA reports. Royal Bank Of Canada currently has a sector perform rating on the stock.

Separately, UBS Group lowered their price target on Enghouse Systems from C$22.00 to C$20.00 in a report on Monday, December 8th. Two investment analysts have rated the stock with a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat, the company has an average rating of “Reduce” and an average price target of C$20.50.

Enghouse Systems Price Performance

ENGH opened at C$15.34 on Monday. The company has a quick ratio of 1.84, a current ratio of 1.68 and a debt-to-equity ratio of 1.75. Enghouse Systems has a 52-week low of C$14.80 and a 52-week high of C$27.70. The company has a 50 day moving average of C$18.23 and a two-hundred day moving average of C$19.84. The company has a market cap of C$838.36 million, a P/E ratio of 11.45, a P/E/G ratio of -4.19 and a beta of -0.09.

Enghouse Systems (TSE:ENGH) last issued its earnings results on Thursday, March 12th. The company reported C$0.32 EPS for the quarter. The business had revenue of C$120.10 million for the quarter. Enghouse Systems had a net margin of 13.99% and a return on equity of 11.48%. On average, analysts expect that Enghouse Systems will post 1.6991295 earnings per share for the current year.

Enghouse Systems Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, February 27th. Shareholders of record on Friday, February 27th were given a $0.30 dividend. The ex-dividend date of this dividend was Friday, February 13th. This represents a $1.20 annualized dividend and a yield of 7.8%. Enghouse Systems’s dividend payout ratio (DPR) is 83.58%.

About Enghouse Systems

Enghouse Systems Limited is a Canadian publicly traded company (TSX: ENGH) that provides mission-critical vertically focused enterprise software solutions. Our core technologies are used for contact centers, video communications, virtual healthcare, education, telecommunications, networks, IPTV, public safety and transit. The Company’s two-pronged strategy to grow earnings focuses on both organic growth and acquisitions, which, to date, have been funded through net cash provided by operating activities as the Company has no external debt financing.