Tecsys (TSE:TCS) Rating Lowered to Hold at Cormark

Cormark lowered shares of Tecsys (TSE:TCS) from a moderate buy rating to a hold rating in a report issued on Monday, Zacks.com reports. Cormark also issued estimates for Tecsys’ FY2025 earnings at $0.46 EPS and FY2026 earnings at $0.84 EPS.

Separately, Ventum Cap Mkts raised shares of Tecsys to a strong-buy rating in a report on Monday, June 24th.

Tecsys Trading Down 0.7 %

TCS opened at C$39.29 on Monday. The firm’s 50 day moving average is C$40.41 and its 200-day moving average is C$37.92. The firm has a market capitalization of C$583.06 million, a P/E ratio of 304.23 and a beta of 0.68. Tecsys has a 52-week low of C$24.31 and a 52-week high of C$44.78. The company has a quick ratio of 1.40, a current ratio of 1.38 and a debt-to-equity ratio of 3.09.

Tecsys (TSE:TCS) last posted its quarterly earnings data on Thursday, June 27th. The company reported C$0.15 earnings per share (EPS) for the quarter, topping the consensus estimate of C$0.05 by C$0.10. Tecsys had a return on equity of 2.66% and a net margin of 1.08%. The company had revenue of C$43.96 million for the quarter, compared to the consensus estimate of C$44.57 million. Analysts expect that Tecsys will post 0.5893074 EPS for the current fiscal year.

Tecsys Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, October 4th. Shareholders of record on Friday, September 20th will be given a $0.08 dividend. The ex-dividend date of this dividend is Friday, September 20th. This represents a $0.32 dividend on an annualized basis and a yield of 0.81%. Tecsys’s dividend payout ratio (DPR) is 246.15%.

Tecsys Company Profile

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.