Temenos Group (OTCMKTS:TMSNY) Shares Gap Down – Should You Sell?

Shares of Temenos Group (OTCMKTS:TMSNY) gapped down before the market opened on Friday . The stock had previously closed at $91.58, but opened at $89.00. Temenos Group shares last traded at $88.93, with a volume of 16 shares.

Analysts Set New Price Targets

A number of equities research analysts recently weighed in on the stock. Zacks Research lowered shares of Temenos Group from a “strong-buy” rating to a “hold” rating in a report on Monday, December 15th. Berenberg Bank upgraded shares of Temenos Group to a “hold” rating in a report on Friday, March 20th. Finally, Barclays upgraded shares of Temenos Group from a “hold” rating to a “strong-buy” rating in a report on Wednesday, March 4th. One analyst has rated the stock with a Strong Buy rating and three have assigned a Hold rating to the company. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy”.

Temenos Group Stock Down 2.3%

The business’s fifty day moving average is $89.24 and its two-hundred day moving average is $90.66. The company has a market cap of $6.27 billion, a P/E ratio of 140.72, a price-to-earnings-growth ratio of 1.77 and a beta of 0.75. The company has a debt-to-equity ratio of 1.35, a quick ratio of 0.41 and a current ratio of 0.41.

Temenos Group (OTCMKTS:TMSNY) last announced its quarterly earnings data on Thursday, February 26th. The company reported $0.62 earnings per share for the quarter. Temenos Group had a net margin of 25.72% and a return on equity of 50.98%. The company had revenue of $314.64 million during the quarter. Equities analysts predict that Temenos Group will post 3.94 EPS for the current year.

Temenos Group Company Profile

Temenos Group is a leading provider of banking software systems, specializing in core banking platforms and digital front‐end solutions for financial institutions worldwide. The company’s flagship product, Temenos Transact, delivers end‐to‐end core banking functionality, enabling banks to manage accounts, deposits, loans and payments on a unified platform. Complementing this offering, Temenos Infinity provides digital banking capabilities, including online and mobile channels, customer onboarding, relationship management and analytics tools designed to enhance customer engagement and operational efficiency.

Founded in Geneva in 1993, Temenos serves more than 3,000 financial institutions across over 150 countries, ranging from community banks and credit unions to global systemically important banks.