Ventum Cap Mkts Comments on Sylogist's Q4 Earnings (TSE:SYZ)

Sylogist Ltd. (TSE:SYZ - Free Report) - Stock analysts at Ventum Cap Mkts decreased their Q4 2024 earnings estimates for shares of Sylogist in a research report issued to clients and investors on Thursday, November 7th. Ventum Cap Mkts analyst A. Ezzat now expects that the company will post earnings per share of $0.00 for the quarter, down from their prior estimate of $0.04. Ventum Cap Mkts has a "Strong-Buy" rating on the stock. The consensus estimate for Sylogist's current full-year earnings is $0.24 per share.

A number of other equities research analysts have also weighed in on the stock. Cormark raised their price target on shares of Sylogist from C$12.25 to C$14.00 in a report on Friday, August 9th. Acumen Capital set a C$13.25 price objective on shares of Sylogist in a report on Friday, August 9th. Four equities research analysts have rated the stock with a buy rating and one has assigned a strong buy rating to the company's stock. According to data from MarketBeat.com, the stock has an average rating of "Buy" and an average target price of C$12.96.

Sylogist Stock Down 0.5 %

SYZ traded down C$0.05 during trading hours on Monday, reaching C$10.52. 15,627 shares of the stock traded hands, compared to its average volume of 45,107. The firm's fifty day simple moving average is C$11.02 and its two-hundred day simple moving average is C$10.36. The company has a market cap of C$245.64 million, a price-to-earnings ratio of 1,060.00 and a beta of 0.82. Sylogist has a fifty-two week low of C$6.51 and a fifty-two week high of C$11.60. The company has a debt-to-equity ratio of 53.47, a current ratio of 0.45 and a quick ratio of 0.51.

Sylogist (TSE:SYZ - Get Free Report) last released its quarterly earnings results on Thursday, August 8th. The company reported C($0.01) earnings per share for the quarter, missing analysts' consensus estimates of C$0.05 by C($0.06). The firm had revenue of C$17.40 million for the quarter, compared to analyst estimates of C$17.33 million. Sylogist had a net margin of 0.34% and a return on equity of 0.61%.

Insider Transactions at Sylogist

In other news, Director Taylor Gray sold 10,000 shares of the firm's stock in a transaction dated Tuesday, October 15th. The shares were sold at an average price of C$10.81, for a total value of C$108,100.00. Insiders own 3.34% of the company's stock.

Sylogist Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Sunday, December 29th. Shareholders of record on Wednesday, December 11th will be issued a dividend of $0.01 per share. This represents a $0.04 annualized dividend and a yield of 0.38%. The ex-dividend date of this dividend is Wednesday, December 11th. Sylogist's dividend payout ratio is currently 400.00%.

Sylogist Company Profile

Sylogist Ltd., a software company, provides mission-critical software-as-a-service solutions in Canada, the United States, and the United Kingdom. The company offers SylogistMission constituent relationship management system, which includes donor management, fundraising, volunteer management, and program delivery; and enterprise resource management, such as accounting and financial management, grant and award management, budget management, payroll and human resources, analytics and reporting, and support and training.