Sylogist Ltd. to Post FY2024 Earnings of $0.30 Per Share, Cormark Forecasts (TSE:SYZ)

Sylogist Ltd. (TSE:SYZGet Rating) – Analysts at Cormark lowered their FY2024 earnings per share (EPS) estimates for shares of Sylogist in a note issued to investors on Wednesday, November 16th. Cormark analyst G. Fairweather now expects that the company will post earnings of $0.30 per share for the year, down from their prior estimate of $0.39. The consensus estimate for Sylogist’s current full-year earnings is $0.19 per share.

Sylogist Price Performance

Shares of TSE:SYZ opened at C$4.33 on Thursday. The business has a 50-day simple moving average of C$5.83 and a two-hundred day simple moving average of C$6.72. The firm has a market cap of C$103.56 million and a price-to-earnings ratio of 39.36. Sylogist has a fifty-two week low of C$4.30 and a fifty-two week high of C$13.24. The company has a debt-to-equity ratio of 64.38, a quick ratio of 0.39 and a current ratio of 0.46.

Sylogist Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Wednesday, September 14th. Shareholders of record on Wednesday, September 14th were paid a dividend of $0.125 per share. The ex-dividend date was Tuesday, August 30th. This represents a $0.50 dividend on an annualized basis and a dividend yield of 11.55%. Sylogist’s dividend payout ratio is currently 36.36%.

About Sylogist

(Get Rating)

Sylogist Ltd., a software company, provides enterprise resource planning (ERP) solutions in Canada, the United States, the United Kingdom, and internationally. It offers Serenic Navigator solutions, including accounting and financial management, award and budget management, payroll and human resources, analytics and decision support, reporting, deposits and loans, and field connect products.

Further Reading

Receive News & Ratings for Sylogist Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Sylogist and related companies with MarketBeat.com's FREE daily email newsletter.