EPIQ Systems Inc. Plans Quarterly Dividend of $0.09 (EPIQ)
EPIQ Systems (NASDAQ:EPIQ) announced a quarterly dividend on Wednesday, June 11th, ARN reports. Stockholders of record on Friday, August 1st will be paid a dividend of 0.09 per share on Tuesday, September 9th. This represents a $0.36 annualized dividend and a dividend yield of 2.94%.
Several analysts have recently commented on the stock. Analysts at TheStreet downgraded shares of EPIQ Systems from a “buy” rating to a “hold” rating in a research note on Wednesday, May 14th. On the ratings front, analysts at Zacks downgraded shares of EPIQ Systems to a “neutral” rating in a research note on Wednesday, April 2nd. They now have a $17.20 price target on the stock.
EPIQ Systems (NASDAQ:EPIQ) traded down 2.62% on Wednesday, hitting $12.25. 148,738 shares of the company’s stock traded hands. EPIQ Systems has a 52-week low of $11.68 and a 52-week high of $16.80. The stock’s 50-day moving average is $12.70 and its 200-day moving average is $14.21. The company has a market cap of $437.1 million and a price-to-earnings ratio of 102.28.
EPIQ Systems (NASDAQ:EPIQ) last announced its earnings results on Tuesday, April 29th. The company reported $0.19 earnings per share for the quarter, meeting the analysts’ consensus estimate of $0.19. The company had revenue of $116.22 million for the quarter, compared to the consensus estimate of $119.77 million. During the same quarter last year, the company posted $0.23 earnings per share. EPIQ Systems’s revenue was up 12.9% compared to the same quarter last year. On average, analysts predict that EPIQ Systems will post $0.98 earnings per share for the current fiscal year.
Epiq Systems, Inc, is a provider of integrated technology-enabled solutions for electronic discovery, bankruptcy and class action settlement administration.
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