Acumen Capital set a C$13.25 target price on Sylogist (TSE:SYZ – Free Report) in a research note released on Friday morning, BayStreet.CA reports.
Several other equities research analysts have also recently commented on SYZ. Canaccord Genuity Group raised their target price on shares of Sylogist from C$10.00 to C$12.00 and gave the stock a buy rating in a research report on Monday, June 17th. Echelon Wealth Partners lifted their price objective on Sylogist from C$11.00 to C$12.50 and gave the company a buy rating in a research report on Monday, April 15th. Cormark upped their target price on Sylogist from C$12.25 to C$14.00 in a report on Friday. Finally, Ventum Cap Mkts upgraded Sylogist to a strong-buy rating in a report on Tuesday, July 16th. Five equities research analysts have rated the stock with a buy rating and one has given a strong buy rating to the company. According to MarketBeat.com, Sylogist currently has an average rating of Buy and a consensus price target of C$12.68.
Check Out Our Latest Analysis on SYZ
Sylogist Price Performance
Sylogist (TSE:SYZ – Get Free Report) last released its quarterly earnings data on Thursday, May 9th. The company reported C($0.02) EPS for the quarter, missing the consensus estimate of C$0.04 by C($0.06). The company had revenue of C$16.31 million during the quarter, compared to analysts’ expectations of C$16.40 million. Sylogist had a return on equity of 1.27% and a net margin of 0.74%. Equities analysts expect that Sylogist will post 0.3203147 EPS for the current year.
Sylogist Dividend Announcement
The company also recently announced a quarterly dividend, which will be paid on Wednesday, September 11th. Stockholders of record on Friday, August 30th will be issued a $0.01 dividend. The ex-dividend date of this dividend is Friday, August 30th. This represents a $0.04 annualized dividend and a dividend yield of 0.36%. Sylogist’s dividend payout ratio (DPR) is presently 200.00%.
About Sylogist
Sylogist Ltd., a software company, provides mission-critical software-as-a-service solutions in Canada, the United States, and the United Kingdom. The company offers SylogistMission constituent relationship management system, which includes donor management, fundraising, volunteer management, and program delivery; and enterprise resource management, such as accounting and financial management, grant and award management, budget management, payroll and human resources, analytics and reporting, and support and training.
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