Enghouse Systems (TSE:ENGH) Releases Earnings Results

Enghouse Systems (TSE:ENGH) issued its quarterly earnings data on Thursday. The company reported C$0.28 EPS for the quarter, FiscalAI reports. Enghouse Systems had a return on equity of 11.97% and a net margin of 14.88%.The company had revenue of C$117.58 million for the quarter.

Enghouse Systems Price Performance

ENGH opened at C$15.64 on Friday. The company has a market capitalization of C$850.36 million, a P/E ratio of 11.85, a PEG ratio of -4.19 and a beta of 0.19. The company has a 50-day moving average of C$16.75 and a 200-day moving average of C$16.83. The company has a debt-to-equity ratio of 1.51, a quick ratio of 1.84 and a current ratio of 1.77. Enghouse Systems has a 1-year low of C$14.80 and a 1-year high of C$21.83.

Enghouse Systems Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, August 28th. Stockholders of record on Friday, August 28th were given a $0.31 dividend. The ex-dividend date of this dividend was Friday, August 14th. This represents a $1.24 annualized dividend and a dividend yield of 7.9%. Enghouse Systems’s payout ratio is presently 90.91%.

Analyst Upgrades and Downgrades

A number of research firms have weighed in on ENGH. Canadian Imperial Bank of Commerce decreased their price target on Enghouse Systems from C$18.00 to C$17.00 and set a “neutral” rating for the company in a report on Thursday, June 11th. TD set a C$16.00 price objective on shares of Enghouse Systems and gave the company a “hold” rating in a research note on Tuesday. Finally, Royal Bank Of Canada reduced their target price on shares of Enghouse Systems from C$20.00 to C$18.00 and set a “sector perform” rating on the stock in a research report on Thursday, June 11th. Four research analysts have rated the stock with a Hold rating, According to data from MarketBeat.com, Enghouse Systems presently has a consensus rating of “Hold” and an average price target of C$17.60.

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.