Cormark Issues Pessimistic Estimate for Tecsys Earnings

Tecsys Inc. (TSE:TCS - Free Report) - Equities researchers at Cormark decreased their FY2026 earnings per share (EPS) estimates for Tecsys in a note issued to investors on Wednesday, July 2nd. Cormark analyst G. Fairweather now forecasts that the company will earn $0.58 per share for the year, down from their prior estimate of $0.76. Cormark has a "Moderate Buy" rating on the stock. The consensus estimate for Tecsys' current full-year earnings is $0.46 per share. Cormark also issued estimates for Tecsys' FY2027 earnings at $1.05 EPS.

Several other research firms also recently weighed in on TCS. Ventum Financial dropped their target price on shares of Tecsys from C$52.00 to C$47.00 and set a "buy" rating for the company in a report on Monday. Raymond James Financial raised their price target on Tecsys from C$45.00 to C$50.00 and gave the stock an "outperform" rating in a research report on Thursday, March 6th.

Tecsys Trading Up 4.6%

TSE TCS opened at C$40.05 on Friday. The company has a debt-to-equity ratio of 2.64, a current ratio of 1.31 and a quick ratio of 1.40. The stock has a market capitalization of C$590.50 million, a P/E ratio of 230.05 and a beta of 0.65. The firm's 50-day moving average is C$41.55 and its two-hundred day moving average is C$42.59. Tecsys has a 12 month low of C$34.16 and a 12 month high of C$47.51.

About Tecsys

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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