Enghouse Systems (TSE:ENGH) Price Target Cut to C$29.00 by Analysts at TD Securities

Enghouse Systems (TSE:ENGH) had its price objective cut by TD Securities from C$34.00 to C$29.00 in a research note published on Monday morning,BayStreet.CA reports. They currently have a hold rating on the stock.

Enghouse Systems Stock Performance

ENGH stock opened at C$27.32 on Monday. Enghouse Systems has a 1 year low of C$27.00 and a 1 year high of C$38.47. The stock has a market capitalization of C$1.51 billion, a price-to-earnings ratio of 17.97, a PEG ratio of -4.19 and a beta of 0.67. The company has a debt-to-equity ratio of 2.29, a quick ratio of 1.84 and a current ratio of 1.69. The stock’s fifty day moving average is C$30.44 and its two-hundred day moving average is C$30.26.

Enghouse Systems Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, November 29th. Shareholders of record on Friday, November 29th were paid a $0.26 dividend. The ex-dividend date was Friday, November 15th. This represents a $1.04 annualized dividend and a dividend yield of 3.81%. Enghouse Systems’s payout ratio is currently 68.42%.

Insider Transactions at Enghouse Systems

In related news, Senior Officer Vincent Mifsud sold 83,800 shares of the company’s stock in a transaction dated Monday, October 7th. The shares were sold at an average price of C$32.15, for a total value of C$2,694,170.00. Insiders own 21.95% of the company’s stock.

About Enghouse Systems

Enghouse Systems Limited, together with its subsidiaries, develops enterprise software solutions worldwide. It operates through two segments, Interactive Management Group and Asset Management Group. The Interactive Management Group segment provides customer interaction software and services to facilitate remote work, enhance customer service, increase efficiency, and manage customer communications across various types of interactions, including voice, email, web chats, text, and video.