Temenos Group (OTCMKTS:TMSNY) Upgraded at Barclays

Temenos Group (OTCMKTS:TMSNY) was upgraded by equities research analysts at Barclays from a “hold” rating to a “strong-buy” rating in a research note issued to investors on Wednesday,Zacks.com reports.

Separately, Zacks Research cut Temenos Group from a “strong-buy” rating to a “hold” rating in a research note on Monday, December 15th. One equities research analyst has 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 “Moderate Buy”.

Temenos Group Stock Performance

Shares of Temenos Group stock opened at $93.68 on Wednesday. The business’s fifty day simple moving average is $93.06 and its 200-day simple moving average is $89.36. The company has a quick ratio of 0.41, a current ratio of 0.41 and a debt-to-equity ratio of 1.35. The firm has a market cap of $6.74 billion, a PE ratio of 151.10, a price-to-earnings-growth ratio of 1.90 and a beta of 0.80. Temenos Group has a 52 week low of $68.85 and a 52 week high of $107.27.

Temenos Group (OTCMKTS:TMSNY) last announced its earnings results on Thursday, February 26th. The company reported $0.62 earnings per share for the quarter. Temenos Group had a net margin of 25.72% and a return on equity of 50.98%. The company had revenue of $314.64 million during the quarter. Equities analysts forecast that Temenos Group will post 3.94 earnings per share for the current year.

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.