Supply Chain Council of European Union | Scceu.org
Warehousing

National Bank Financial Raises TECSYS (TSE:TCS) Price Target to C$21.00

TECSYS (TSE:TCS) had its price target lifted by National Bank Financial from C$18.00 to C$21.00 in a research report released on Friday morning, BayStreet.CA reports. National Bank Financial currently has an outperform rating on the stock. National Bank Financial also issued estimates for TECSYS’s Q3 2020 earnings at $0.03 EPS.

Several other brokerages have also issued reports on TCS. Laurentian boosted their price target on shares of TECSYS from C$19.00 to C$23.00 in a report on Friday. Cormark increased their price objective on shares of TECSYS from C$19.00 to C$22.00 in a research note on Friday. Finally, Haywood Securities raised their price objective on shares of TECSYS from C$18.00 to C$22.25 in a report on Friday.

TCS opened at C$18.97 on Friday. The stock has a market cap of $248.17 million and a PE ratio of -243.21. The company has a current ratio of 1.18, a quick ratio of 1.04 and a debt-to-equity ratio of 57.73. TECSYS has a 1 year low of C$10.30 and a 1 year high of C$19.17. The stock’s 50 day simple moving average is C$16.03 and its 200-day simple moving average is C$14.51.

TECSYS (TSE:TCS) last issued its earnings results on Thursday, September 5th. The company reported C$0.01 EPS for the quarter, topping the consensus estimate of C($0.02) by C$0.03. The firm had revenue of C$24.25 million during the quarter, compared to the consensus estimate of C$23.74 million. Equities analysts forecast that TECSYS will post 0.3196559 earnings per share for the current fiscal year.

TECSYS Company Profile

TECSYS Inc engages in the development, marketing, and sale of supply chain management software for distribution, warehousing, transportation logistics, and point-of-use in Canada, the United States, and internationally. The company offers warehouse management, distribution management, transportation management, and supply management at point-of-use, as well as financial management and analytics solutions; ITopia, a Healthcare Logistics Platform.

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