Temenos Group (OTCMKTS:TMSNY) Shares Gap Down Following Weak Earnings

Temenos Group (OTCMKTS:TMSNY) gapped down before the market opened on Tuesday following a weaker than expected earnings announcement. The stock had previously closed at $85.4910, but opened at $81.97. Temenos Group shares last traded at $82.71, with a volume of 3 shares trading hands.

The company reported $1.31 EPS for the quarter, missing the consensus estimate of $1.34 by ($0.03). Temenos Group had a net margin of 26.21% and a return on equity of 67.21%.

Wall Street Analyst Weigh In

Separately, Citigroup raised Temenos Group from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, April 14th. Two analysts have rated the stock with a Strong Buy rating and two have given a Hold rating to the stock. According to MarketBeat.com, Temenos Group presently has a consensus rating of “Buy”.

Temenos Group Trading Down 4.6%

The company has a current ratio of 0.48, a quick ratio of 0.48 and a debt-to-equity ratio of 1.83. The firm has a market cap of $5.43 billion, a PE ratio of 52.08, a P/E/G ratio of 1.65 and a beta of 0.75. The company’s 50-day moving average is $85.12 and its 200 day moving average is $90.10.

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.