Enghouse Systems (TSE:ENGH) Hits New 1-Year Low – Should You Sell?

Enghouse Systems Limited (TSE:ENGH)’s stock price reached a new 52-week low during mid-day trading on Thursday . The stock traded as low as C$19.52 and last traded at C$19.59, with a volume of 126177 shares trading hands. The stock had previously closed at C$19.73.

Wall Street Analyst Weigh In

Several analysts have weighed in on ENGH shares. Royal Bank Of Canada lowered their price target on Enghouse Systems from C$24.00 to C$22.00 and set a “sector perform” rating on the stock in a report on Wednesday, December 17th. UBS Group decreased their price objective on shares of Enghouse Systems from C$22.00 to C$20.00 in a research report on Monday, December 8th. One investment analyst has rated the stock with a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat, the company presently has a consensus rating of “Reduce” and a consensus target price of C$22.33.

Enghouse Systems Trading Down 0.9%

The stock has a fifty day moving average of C$20.34 and a two-hundred day moving average of C$21.41. The company has a market capitalization of C$1.07 billion, a PE ratio of 14.59, a PEG ratio of -4.19 and a beta of -0.01. The company has a current ratio of 1.81, a quick ratio of 1.84 and a debt-to-equity ratio of 1.86.

Enghouse Systems (TSE:ENGH) last posted its quarterly earnings results on Monday, December 15th. The company reported C$0.39 EPS for the quarter. Enghouse Systems had a net margin of 16.18% and a return on equity of 14.08%. The firm had revenue of C$124.48 million for the quarter. As a group, sell-side analysts anticipate that Enghouse Systems Limited will post 1.6991295 earnings per share for the current fiscal year.

Enghouse Systems Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Friday, November 28th. Shareholders of record on Friday, November 28th were paid a $0.30 dividend. This represents a $1.20 dividend on an annualized basis and a yield of 6.1%. The ex-dividend date of this dividend was Friday, November 14th. Enghouse Systems’s payout ratio is 83.58%.

About Enghouse Systems

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.