What is Cormark's Forecast for Tecsys FY2026 Earnings?

Key Points

• Cormark has revised its FY2026 earnings estimate for Tecsys down to $0.45 per share, a reduction from the previous estimate of $0.58, with a consensus estimate of $0.46 per share.
• Ventum Financial lowered its price target on Tecsys from C$52.00 to C$47.00 while maintaining a "buy" rating, reflecting an average consensus target price of C$48.50.
• Tecsys announced a dividend of $0.085 per share scheduled for payment on October 3rd, with an annualized dividend yield of 1.0%.

Tecsys Inc. (TSE:TCS - Free Report) - Investment analysts at Cormark lowered their FY2026 earnings per share estimates for Tecsys in a note issued to investors on Monday, September 8th. Cormark analyst G. Fairweather now anticipates that the company will post earnings per share of $0.45 for the year, down from their prior forecast of $0.58. The consensus estimate for Tecsys' current full-year earnings is $0.46 per share. Cormark also issued estimates for Tecsys' FY2027 earnings at $0.92 EPS and FY2028 earnings at $1.50 EPS.

Separately, Ventum Financial dropped their price target on Tecsys from C$52.00 to C$47.00 and set a "buy" rating on the stock in a research report on Monday, June 30th. Two equities research analysts have rated the stock with a Buy rating, Based on data from MarketBeat.com, the stock presently has a consensus rating of "Buy" and an average target price of C$48.50.

Tecsys Stock Up 1.2%

Shares of TSE TCS traded up C$0.40 during mid-day trading on Tuesday, reaching C$33.50. 44,964 shares of the company's stock were exchanged, compared to its average volume of 15,218. The firm has a market capitalization of C$496.70 million, a price-to-earnings ratio of 111.67 and a beta of 1.04. The company has a current ratio of 1.31, a quick ratio of 1.40 and a debt-to-equity ratio of 2.64. The business has a fifty day simple moving average of C$36.91 and a 200 day simple moving average of C$39.56. Tecsys has a twelve month low of C$32.98 and a twelve month high of C$47.51.

Tecsys Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Friday, October 3rd. Investors of record on Friday, September 19th will be issued a dividend of $0.085 per share. This represents a $0.34 dividend on an annualized basis and a dividend yield of 1.0%. Tecsys's payout ratio is presently 111.67%.

About Tecsys

Tecsys Inc is engaged in the development and sale of enterprise supply chain management software for distribution, warehousing, transportation logistics, point-of-use and order management. It also provides related consulting, education and support services. The company serves healthcare systems, services parts, third-party logistics, retail and general wholesale distribution industries.