Enghouse Systems (TSE:ENGH) Reaches New 1-Year Low – Here’s Why

Enghouse Systems Limited (TSE:ENGH) shares reached a new 52-week low during trading on Friday . The company traded as low as C$15.35 and last traded at C$15.40, with a volume of 328247 shares changing hands. The stock had previously closed at C$17.76.

Analyst Upgrades and Downgrades

A number of equities research analysts have recently weighed in on ENGH shares. Royal Bank Of Canada cut their price objective on Enghouse Systems from C$24.00 to C$22.00 and set a “sector perform” rating on the stock in a research report on Wednesday, December 17th. UBS Group decreased their target price on Enghouse Systems from C$22.00 to C$20.00 in a report on Monday, December 8th. One investment analyst has rated the stock with a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, the company has a consensus rating of “Reduce” and an average target price of C$22.33.

Enghouse Systems Price Performance

The company has a market cap of C$830.16 million, a PE ratio of 11.34, a PEG ratio of -4.19 and a beta of -0.09. The firm’s 50-day moving average is C$18.33 and its 200-day moving average is C$19.91. 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 (TSE:ENGH) last issued its quarterly earnings data on Thursday, March 12th. The company reported C$0.32 EPS for the quarter. The business had revenue of C$120.10 million during the quarter. Enghouse Systems had a net margin of 13.99% and a return on equity of 11.48%. On average, equities analysts anticipate that Enghouse Systems Limited will post 1.6991295 EPS for the current year.

Enghouse Systems Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, February 27th. Stockholders of record on Friday, February 27th were paid a $0.30 dividend. This represents a $1.20 dividend on an annualized basis and a dividend yield of 7.9%. The ex-dividend date was Friday, February 13th. Enghouse Systems’s dividend payout ratio (DPR) is presently 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.