FY2024 Earnings Estimate for Sylogist Issued By Cormark

Sylogist logo with Computer and Technology background

Sylogist Ltd. (TSE:SYZ - Free Report) - Stock analysts at Cormark cut their FY2024 earnings per share estimates for shares of Sylogist in a research report issued to clients and investors on Monday, February 3rd. Cormark analyst G. Fairweather now expects that the company will post earnings of $0.05 per share for the year, down from their previous estimate of $0.07. The consensus estimate for Sylogist's current full-year earnings is $0.24 per share. Cormark also issued estimates for Sylogist's FY2025 earnings at $0.14 EPS, FY2026 earnings at $0.24 EPS and FY2027 earnings at $0.46 EPS.

Sylogist (TSE:SYZ - Get Free Report) last issued its quarterly earnings data on Thursday, November 7th. The company reported C($0.03) earnings per share (EPS) for the quarter, missing the consensus estimate of C$0.05 by C($0.08). Sylogist had a net margin of 0.34% and a return on equity of 0.61%.

Sylogist Trading Down 2.5 %

Shares of TSE SYZ traded down C$0.25 during midday trading on Wednesday, hitting C$9.86. The stock had a trading volume of 8,723 shares, compared to its average volume of 73,346. The company's 50-day simple moving average is C$9.47 and its 200 day simple moving average is C$10.41. The firm has a market cap of C$230.23 million, a P/E ratio of 986.00 and a beta of 0.82. Sylogist has a fifty-two week low of C$7.95 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 Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Wednesday, December 11th. Stockholders of record on Wednesday, December 11th were paid a $0.01 dividend. The ex-dividend date was Friday, November 29th. This represents a $0.04 annualized dividend and a dividend yield of 0.41%. Sylogist's dividend payout ratio (DPR) is currently 400.00%.

Insider Activity

In related news, Director Craig Wood William acquired 2,820 shares of the firm's stock in a transaction that occurred on Tuesday, December 10th. The stock was acquired at an average cost of C$10.02 per share, with a total value of C$28,247.04. In the last ninety days, insiders bought 8,540 shares of company stock valued at $81,525. Company insiders own 3.34% of the company's stock.

Sylogist Company Profile

(Get Free Report)

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.

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Earnings History and Estimates for Sylogist (TSE:SYZ)

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