Cormark Research Analysts Cut Earnings Estimates for TECSYS Inc. (TCS)
TECSYS Inc. (TSE:TCS) – Cormark cut their Q2 2018 earnings per share estimates for TECSYS in a research note issued to investors on Monday. Cormark analyst H. Mak now anticipates that the company will post earnings per share of $0.07 for the quarter, down from their prior forecast of $0.10. Cormark also issued estimates for TECSYS’s Q4 2018 earnings at $0.13 EPS, Q1 2019 earnings at $0.09 EPS, Q2 2019 earnings at $0.09 EPS, Q3 2019 earnings at $0.10 EPS and Q4 2019 earnings at $0.16 EPS.
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TECSYS (TSE TCS) traded down 1.07% during mid-day trading on Tuesday, reaching $14.79. 3,723 shares of the company traded hands. The firm has a market capitalization of $193.48 million and a P/E ratio of 30.37. The company’s 50 day moving average price is $14.97 and its 200 day moving average price is $11.67. TECSYS has a 12-month low of $8.27 and a 12-month high of $17.00.
The firm also recently announced a quarterly dividend, which will be paid on Friday, August 4th. Shareholders of record on Friday, August 4th will be paid a $0.045 dividend. The ex-dividend date of this dividend is Wednesday, July 19th. This represents a $0.18 dividend on an annualized basis and a yield of 1.20%.
TECSYS Company Profile
Tecsys Inc is a Canada-based company engaged in the development, marketing and sale of enterprise-wide supply chain management software for distribution, warehousing, transportation logistics and point-of-use. The Company also provides related consulting, education and support services. Its Supply Chain Platform with Visual Content is a technology for optimizing warehouse management operations.
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