TECSYS (TSE:TCS) received a C$18.00 target price from stock analysts at National Bank Financial in a report issued on Monday, December 16th, BayStreet.CA reports. The brokerage currently has an “outperform” rating on the stock. National Bank Financial’s price target would suggest a potential downside of 17.39% from the company’s previous close.
TCS has been the subject of a number of other research reports. Cormark boosted their price objective on shares of TECSYS from C$19.00 to C$22.00 in a research note on Friday, December 6th. Laurentian lifted their price target on TECSYS from C$19.00 to C$23.00 in a report on Friday, December 6th. Finally, Haywood Securities upped their price objective on TECSYS from C$18.00 to C$22.25 in a research note on Friday, December 6th.
Shares of TSE:TCS traded down C$0.06 on Monday, hitting C$21.79. 8,985 shares of the company’s stock were exchanged, compared to its average volume of 7,824. The company has a debt-to-equity ratio of 54.88, a current ratio of 1.20 and a quick ratio of 1.04. The stock has a market capitalization of $285.84 million and a price-to-earnings ratio of -1,365.63. The business’s 50 day simple moving average is C$19.44 and its two-hundred day simple moving average is C$15.60. TECSYS has a 12 month low of C$10.30 and a 12 month high of C$22.58.
TECSYS (TSE:TCS) last issued its earnings results on Wednesday, December 4th. The company reported C$0.11 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of C$0.01 by C$0.10. The business had revenue of C$26.01 million for the quarter, compared to the consensus estimate of C$23.79 million. Equities analysts forecast that TECSYS will post 0.42 EPS for the current fiscal year.
About TECSYS
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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