Enghouse Systems (TSE:ENGH) Given New C$43.00 Price Target at Royal Bank of Canada

Enghouse Systems (TSE:ENGH) had its price target cut by Royal Bank of Canada from C$48.00 to C$43.00 in a report released on Monday, BayStreet.CA reports. They currently have an outperform rating on the stock.

Enghouse Systems Trading Up 1.1 %

Shares of ENGH stock opened at C$31.63 on Monday. Enghouse Systems has a fifty-two week low of C$27.30 and a fifty-two week high of C$44.59. The company has a debt-to-equity ratio of 3.16, a quick ratio of 1.84 and a current ratio of 1.77. The stock has a 50 day simple moving average of C$29.98 and a two-hundred day simple moving average of C$34.60. The company has a market cap of C$1.75 billion, a P/E ratio of 20.81, a PEG ratio of -4.19 and a beta of 0.79.

Enghouse Systems Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Thursday, August 31st. Investors of record on Thursday, August 31st were given a dividend of $0.22 per share. The ex-dividend date was Wednesday, August 16th. This represents a $0.88 dividend on an annualized basis and a dividend yield of 2.78%. Enghouse Systems’s payout ratio is presently 57.89%.

Enghouse Systems Company Profile

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.