Sylogist (SYZ) Scheduled to Post Earnings on Thursday

Sylogist (TSE:SYZ) will be announcing its earnings results before the market opens on Thursday, November 7th. Analysts expect the company to announce earnings of C$0.05 per share for the quarter.

Sylogist (TSE:SYZ) last announced its quarterly earnings data on Thursday, August 8th. The company reported C($0.01) EPS for the quarter, missing the consensus estimate of C$0.05 by C($0.06). Sylogist had a return on equity of 0.61% and a net margin of 0.34%. The company had revenue of C$17.40 million for the quarter, compared to analyst estimates of C$17.33 million.

Sylogist Stock Up 3.0 %

Sylogist stock opened at C$11.33 on Wednesday. The company has a market capitalization of C$264.56 million, a PE ratio of 1,133.00 and a beta of 0.82. Sylogist has a 12-month low of C$6.51 and a 12-month high of C$11.60. The firm’s fifty day moving average is C$11.04 and its 200 day moving average is C$10.32. The company has a quick ratio of 0.51, a current ratio of 0.45 and a debt-to-equity ratio of 53.47.

Sylogist Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, September 11th. Stockholders of record on Wednesday, September 11th were given a dividend of $0.01 per share. The ex-dividend date of this dividend was Friday, August 30th. This represents a $0.04 dividend on an annualized basis and a dividend yield of 0.35%. Sylogist’s dividend payout ratio (DPR) is presently 400.00%.

Insiders Place Their Bets

In other news, Director Taylor Gray sold 10,000 shares of the company’s stock in a transaction that occurred on Tuesday, October 15th. The stock was sold at an average price of C$10.81, for a total value of C$108,100.00. Corporate insiders own 3.34% of the company’s stock.

Analyst Ratings Changes

A number of research analysts recently weighed in on SYZ shares. Acumen Capital set a C$13.25 price target on Sylogist in a research note on Friday, August 9th. Cormark upped their target price on Sylogist from C$12.25 to C$14.00 in a research report on Friday, August 9th. Finally, Ventum Cap Mkts upgraded Sylogist to a “strong-buy” rating in a report on Tuesday, July 16th. Four analysts have rated the stock with a buy rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Buy” and an average price target of C$12.96.

About Sylogist

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.