Tecsys (TSE:TCS) Sets New 1-Year High – What’s Next?

Posted by Michael Baxter on Nov 15th, 2024

Tecsys Inc. (TSE:TCS – Get Free Report) hit a new 52-week high during trading on Wednesday . The stock traded as high as C$44.90 and last traded at C$44.90, with a volume of 21155 shares traded. The stock had previously closed at C$42.57.

Wall Street Analysts Forecast Growth

Separately, Cormark downgraded shares of Tecsys from a “moderate buy” rating to a “hold” rating in a research note on Monday, September 9th.

Check Out Our Latest Report on Tecsys

Tecsys Stock Down 2.7 %

The firm has a 50 day moving average of C$40.94 and a 200-day moving average of C$38.86. The company has a debt-to-equity ratio of 2.87, a current ratio of 1.38 and a quick ratio of 1.40. The stock has a market capitalization of C$646.32 million, a P/E ratio of 437.00 and a beta of 0.65.

Tecsys (TSE:TCS – Get Free Report) last issued its earnings results on Thursday, September 5th. The company reported C$0.05 EPS for the quarter, missing analysts’ consensus estimates of C$0.09 by C($0.04). Tecsys had a net margin of 0.86% and a return on equity of 2.08%. The firm had revenue of C$42.28 million during the quarter, compared to analyst estimates of C$44.89 million. On average, equities research analysts expect that Tecsys Inc. will post 0.4600739 earnings per share for the current fiscal year.

Tecsys Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Friday, October 4th. Shareholders of record on Friday, September 20th were given a $0.08 dividend. This represents a $0.32 annualized dividend and a yield of 0.73%. The ex-dividend date of this dividend was Friday, September 20th. Tecsys’s payout ratio is presently 320.00%.

Tecsys Company Profile

(Get Free Report)

Tecsys Inc engages in the development, marketing, and sale of enterprise-wide supply chain management software and related services in Canada, the United States, Europe, and internationally. The company offers warehouse management, distribution and transportation management, supply management at point-of-use and order management and fulfillment, as well as financial management and analytics solutions.