Royal Bank of Canada downgraded shares of Enghouse Systems (TSE:ENGH - Free Report) from an outperform rating to a sector perform rating in a report issued on Friday morning,BayStreet.CA reports. They currently have C$3,300.00 price objective on the stock, down from their previous price objective of C$3,800.00.
Several other brokerages also recently weighed in on ENGH. TD Securities cut their price target on shares of Enghouse Systems from C$34.00 to C$29.00 and set a "hold" rating on the stock in a report on Monday, December 16th. CIBC lowered their price target on shares of Enghouse Systems from C$37.00 to C$31.00 in a report on Monday, December 16th.
Check Out Our Latest Analysis on Enghouse Systems
Enghouse Systems Stock Performance
TSE:ENGH traded up C$0.07 during trading hours on Friday, hitting C$25.74. 92,785 shares of the company were exchanged, compared to its average volume of 101,552. The company's 50 day moving average price is C$26.81 and its 200-day moving average price is C$28.74. The stock has a market capitalization of C$1.43 billion, a price-to-earnings ratio of 17.65, a PEG ratio of -4.19 and a beta of 0.67. Enghouse Systems has a 52-week low of C$24.98 and a 52-week high of C$34.42. The company has a debt-to-equity ratio of 1.86, a current ratio of 1.81 and a quick ratio of 1.84.
Enghouse Systems Dividend Announcement
The business also recently disclosed a quarterly dividend, which was paid on Friday, February 28th. Shareholders of record on Friday, February 28th were issued a dividend of $0.26 per share. This represents a $1.04 annualized dividend and a yield of 4.04%. The ex-dividend date was Friday, February 14th. Enghouse Systems's payout ratio is 71.32%.
About Enghouse Systems
(
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Enghouse Systems Ltd is a Canada-based provider of software and services to a variety of end markets. The firm's operations are organized in two segments namely, the Interactive Management Group and the Asset Management Group. The firm has operations in Canada, the United States, the United Kingdom, France, Germany, Sweden, Israel, Croatia, Denmark, Norway, India, Japan, Hong Kong, Singapore, and Australia etc.
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