Tecsys Inc. Expected to Post FY2024 Earnings of $0.13 Per Share (TSE:TCS)

Tecsys Inc. (TSE:TCSFree Report) – Research analysts at Cormark lowered their FY2024 earnings per share (EPS) estimates for Tecsys in a research report issued to clients and investors on Monday, March 4th. Cormark analyst G. Fairweather now anticipates that the company will earn $0.13 per share for the year, down from their prior forecast of $0.20. The consensus estimate for Tecsys’ current full-year earnings is $0.56 per share.

Other analysts also recently issued reports about the company. Echelon Wealth Partners reaffirmed a “buy” rating and issued a C$45.00 target price on shares of Tecsys in a research note on Monday, November 27th. National Bankshares set a C$50.00 price objective on Tecsys and gave the stock an “outperform” rating in a research report on Monday, December 4th.

Get Our Latest Research Report on TCS

Tecsys Trading Down 1.5 %

TCS opened at C$37.88 on Wednesday. Tecsys has a 1-year low of C$23.75 and a 1-year high of C$39.32. The company has a debt-to-equity ratio of 3.63, a current ratio of 1.47 and a quick ratio of 1.40. The firm has a market capitalization of C$557.59 million, a price-to-earnings ratio of 252.53 and a beta of 0.73. The company’s 50 day simple moving average is C$33.71 and its two-hundred day simple moving average is C$30.40.

Tecsys Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, April 11th. Investors of record on Thursday, March 21st will be paid a dividend of $0.08 per share. This represents a $0.32 annualized dividend and a yield of 0.84%. The ex-dividend date of this dividend is Wednesday, March 20th. Tecsys’s payout ratio is 213.33%.

Tecsys Company Profile

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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.

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Earnings History and Estimates for Tecsys (TSE:TCS)

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