TD Securities Cuts Enghouse Systems (TSE:ENGH) Price Target to C$29.00

Enghouse Systems (TSE:ENGH) had its price objective trimmed by TD Securities from C$34.00 to C$29.00 in a report published on Monday,BayStreet.CA reports. The brokerage currently has a hold rating on the stock.

Enghouse Systems Price Performance

ENGH opened at C$27.21 on Monday. 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 has a market capitalization of C$1.51 billion, a PE ratio of 17.90, a price-to-earnings-growth ratio of -4.19 and a beta of 0.67. The stock’s 50 day moving average price is C$30.33 and its 200-day moving average price is C$30.25. Enghouse Systems has a 52-week low of C$27.00 and a 52-week high of C$38.47.

Enghouse Systems Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, November 29th. Stockholders of record on Friday, November 29th were paid a dividend of $0.26 per share. This represents a $1.04 dividend on an annualized basis and a dividend yield of 3.82%. The ex-dividend date was Friday, November 15th. Enghouse Systems’s payout ratio is 68.42%.

Insider Buying and Selling

In other Enghouse Systems news, Senior Officer Vincent Mifsud sold 83,800 shares of the stock in a transaction on Monday, October 7th. The stock was sold at an average price of C$32.15, for a total value of C$2,694,170.00. 21.95% of the stock is owned by insiders.

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.