Enghouse Systems (TSE:ENGH) Stock Price Up 0.3% – Still a Buy?

Enghouse Systems Limited (TSE:ENGH)’s share price traded up 0.3% on Monday. The company traded as high as C$19.20 and last traded at C$19.13. Approximately 271,138 shares were traded during mid-day trading, an increase of 7% from the average session volume of 252,379 shares. The stock had previously closed at C$19.07.

Wall Street Analyst Weigh In

Separately, TD upped their price target on shares of Enghouse Systems from C$16.00 to C$17.00 and gave the company a “hold” rating in a report on Monday, September 14th. Four research analysts have rated the stock with a Hold rating. According to MarketBeat, the stock currently has an average rating of “Hold” and an average price target of C$17.80.

Enghouse Systems Price Performance

The stock’s 50-day moving average is C$17.09 and its 200-day moving average is C$17.18. The firm has a market cap of C$1.03 billion, a P/E ratio of 14.83, a price-to-earnings-growth ratio of -4.19 and a beta of 0.20. The company has a quick ratio of 1.84, a current ratio of 1.77 and a debt-to-equity ratio of 1.34.

Enghouse Systems (TSE:ENGH) last issued its quarterly earnings results on Thursday, September 10th. The company reported C$0.28 earnings per share for the quarter. The firm had revenue of C$117.58 million during the quarter. Enghouse Systems had a net margin of 14.75% and a return on equity of 11.70%. As a group, equities analysts anticipate that Enghouse Systems Limited will post 1.70 EPS for the current fiscal year.

Enghouse Systems Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Friday, August 28th. Stockholders of record on Friday, August 28th were given a dividend of $0.31 per share. The ex-dividend date of this dividend was Friday, August 14th. This represents a $1.24 dividend on an annualized basis and a dividend yield of 6.5%. Enghouse Systems’s dividend payout ratio is currently 93.80%.

Enghouse Systems Company Profile

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.