Sylogist (TSE:SYZ - Free Report) had its target price upped by Echelon Wealth Partners from C$11.00 to C$12.50 in a report issued on Monday, BayStreet.CA reports. Echelon Wealth Partners currently has a buy rating on the stock.
SYZ has been the topic of a number of other research reports. Paradigm Capital set a C$12.00 price objective on Sylogist and gave the stock a buy rating in a research report on Wednesday, February 14th. Cormark boosted their price target on shares of Sylogist from C$10.50 to C$11.00 in a research report on Friday, March 15th. Finally, Stifel Nicolaus set a C$14.00 price objective on shares of Sylogist and gave the stock a buy rating in a research report on Thursday, February 1st. Five research analysts have rated the stock with a buy rating, Based on data from MarketBeat, Sylogist currently has a consensus rating of Buy and an average price target of C$11.50.
Get Our Latest Stock Analysis on SYZ
Sylogist Price Performance
TSE:SYZ traded down C$0.08 during trading hours on Monday, reaching C$9.67. 24,130 shares of the company were exchanged, compared to its average volume of 57,013. The stock's 50-day moving average is C$8.83 and its 200-day moving average is C$7.82. Sylogist has a twelve month low of C$5.40 and a twelve month high of C$9.96. The firm has a market cap of C$226.95 million, a PE ratio of 193.80 and a beta of 0.84. The company has a current ratio of 0.54, a quick ratio of 0.51 and a debt-to-equity ratio of 47.19.
Sylogist (TSE:SYZ - Get Free Report) last released its earnings results on Thursday, March 14th. The company reported C$0.01 earnings per share for the quarter, missing the consensus estimate of C$0.05 by C($0.04). The firm had revenue of C$16.17 million during the quarter, compared to analysts' expectations of C$16.43 million. Sylogist had a net margin of 1.68% and a return on equity of 2.84%. On average, sell-side analysts anticipate that Sylogist will post 0.2047516 earnings per share for the current fiscal year.
Sylogist Dividend Announcement
The business also recently declared a quarterly dividend, which was paid on Wednesday, March 13th. Investors of record on Thursday, February 29th were paid a dividend of $0.01 per share. The ex-dividend date was Wednesday, February 28th. This represents a $0.04 annualized dividend and a yield of 0.41%. Sylogist's dividend payout ratio is currently 80.00%.
About Sylogist
(
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Sylogist Ltd., a software company, provides software-as-a-service solutions in Canada, the United States, and the United Kingdom. The company manages IT services, business applications, and Web portals. The company was incorporated in 1993 and is headquartered in Calgary, Canada.
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