Cormark Has Negative Estimate for Sylogist FY2025 Earnings

Sylogist Ltd. (TSE:SYZ - Free Report) - Cormark decreased their FY2025 earnings estimates for Sylogist in a report issued on Friday, May 16th. Cormark analyst G. Fairweather now anticipates that the company will post earnings per share of $0.03 for the year, down from their prior forecast of $0.09. The consensus estimate for Sylogist's current full-year earnings is $0.24 per share.

Sylogist Stock Performance

SYZ traded down C$0.32 during midday trading on Monday, reaching C$8.97. The company had a trading volume of 5,727 shares, compared to its average volume of 48,117. The company has a debt-to-equity ratio of 47.19, a quick ratio of 0.51 and a current ratio of 0.54. The stock has a market cap of C$212.10 million, a PE ratio of 199.06 and a beta of 0.82. Sylogist has a 12-month low of C$6.33 and a 12-month high of C$11.60. The business has a 50-day moving average price of C$8.51 and a two-hundred day moving average price of C$9.27.

Sylogist Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Wednesday, March 12th. Shareholders of record on Wednesday, March 12th were paid a $0.01 dividend. This represents a $0.04 dividend on an annualized basis and a yield of 0.45%. The ex-dividend date of this dividend was Friday, February 28th. Sylogist's payout ratio is 88.77%.

Sylogist Company Profile

Sylogist Ltd., a software company, provides mission-critical software-as-a-service solutions in Canada, the United States, and the United Kingdom. The company offers SylogistMission constituent relationship management system, which includes donor management, fundraising, volunteer management, and program delivery; and enterprise resource management, such as accounting and financial management, grant and award management, budget management, payroll and human resources, analytics and reporting, and support and training.