Temenos Group (OTCMKTS:TMSNY) Posts Quarterly Earnings Results, Misses Estimates By $0.03 EPS

Temenos Group (OTCMKTS:TMSNY) announced its quarterly earnings data on Tuesday. The company reported $1.31 earnings per share for the quarter, missing analysts’ consensus estimates of $1.34 by ($0.03), Zacks reports. Temenos Group had a net margin of 26.21% and a return on equity of 67.21%.

Temenos Group Stock Performance

Shares of Temenos Group stock opened at $79.16 on Thursday. The company has a quick ratio of 0.48, a current ratio of 0.48 and a debt-to-equity ratio of 1.83. Temenos Group has a 52 week low of $74.50 and a 52 week high of $107.27. The firm’s 50 day moving average is $85.12 and its two-hundred day moving average is $90.10. The firm has a market capitalization of $5.43 billion, a P/E ratio of 52.08, a P/E/G ratio of 1.65 and a beta of 0.75.

Analysts Set New Price Targets

Separately, Citigroup raised Temenos Group from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, April 14th. Two equities research analysts have rated the stock with a Strong Buy rating and two have given a Hold rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of “Buy”.

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.