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IDOX's (IDOX) "Buy" Rating Reiterated at Canaccord Genuity Group

IDOX logo with Computer and Technology background

IDOX (LON:IDOX - Get Free Report)'s stock had its "buy" rating restated by investment analysts at Canaccord Genuity Group in a report released on Tuesday, Marketbeat Ratings reports. They currently have a GBX 90 ($1.21) target price on the stock. Canaccord Genuity Group's price target suggests a potential upside of 36.66% from the company's current price.

IDOX Stock Down 0.8%

IDOX traded down GBX 0.54 ($0.01) during trading on Tuesday, reaching GBX 65.86 ($0.89). 4,618,039 shares of the stock were exchanged, compared to its average volume of 663,042. The stock has a market cap of £301.16 million, a P/E ratio of 54.35, a price-to-earnings-growth ratio of 3.15 and a beta of 0.38. IDOX has a twelve month low of GBX 52 ($0.70) and a twelve month high of GBX 67 ($0.90). The stock's 50 day moving average price is GBX 60.28 and its two-hundred day moving average price is GBX 59.28. The company has a debt-to-equity ratio of 30.03, a quick ratio of 1.00 and a current ratio of 0.70.

IDOX (LON:IDOX - Get Free Report) last issued its earnings results on Thursday, June 12th. The company reported GBX 1.49 ($0.02) earnings per share for the quarter. IDOX had a net margin of 6.82% and a return on equity of 7.18%. Equities analysts expect that IDOX will post 2.7173913 EPS for the current year.

IDOX Company Profile

(Get Free Report)

IDOX plc, through its subsidiaries, provides software and services for the management of local government and other organizations in the United Kingdom, the United States, rest of Europe, and internationally. The company operates through three segments: Land, Property & Public Protection; Communities; and Assets.

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