TECSYS (TSE:TCS) Price Target Raised to C$22.00 at Cormark

TECSYS (TSE:TCS) had its target price upped by analysts at Cormark from C$19.00 to C$22.00 in a research report issued to clients and investors on Friday, BayStreet.CA reports. Cormark’s target price points to a potential upside of 15.36% from the company’s current price.

TCS has been the subject of a number of other reports. Laurentian lifted their target price on shares of TECSYS from C$19.00 to C$23.00 in a research note on Friday. Haywood Securities boosted their target price on shares of TECSYS from C$18.00 to C$22.25 in a research report on Friday.

Shares of TCS stock traded up C$0.41 during trading hours on Friday, reaching C$19.07. 9,900 shares of the company’s stock were exchanged, compared to its average volume of 6,313. TECSYS has a 1 year low of C$10.30 and a 1 year high of C$19.17. The stock has a market cap of $222.39 million and a PE ratio of -244.49. The company has a current ratio of 1.18, a quick ratio of 1.04 and a debt-to-equity ratio of 57.73. The stock’s fifty day moving average price is C$15.97 and its two-hundred day moving average price is C$14.49.

TECSYS (TSE:TCS) last posted its quarterly earnings data on Thursday, September 5th. The company reported C$0.01 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of C($0.02) by C$0.03. The company had revenue of C$24.25 million for the quarter, compared to analyst estimates of C$23.74 million. On average, equities analysts expect that TECSYS will post 0.3196559 EPS for the current fiscal year.

About TECSYS

TECSYS Inc engages in the development, marketing, and sale of supply chain management software for distribution, warehousing, transportation logistics, and point-of-use in Canada, the United States, and internationally. The company offers warehouse management, distribution management, transportation management, and supply management at point-of-use, as well as financial management and analytics solutions; ITopia, a Healthcare Logistics Platform.

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