Top Image Systems, Ltd. (NASDAQ:TISA) has been given a $3.00 target price by equities research analysts at HC Wainwright in a report issued on Thursday. The brokerage currently has a “buy” rating on the software maker’s stock. HC Wainwright’s target price indicates a potential upside of 143.90% from the company’s current price.

A number of other brokerages have also weighed in on TISA. ValuEngine upgraded Top Image Systems from a “strong sell” rating to a “sell” rating in a research note on Friday, June 2nd. Zacks Investment Research upgraded Top Image Systems from a “sell” rating to a “hold” rating in a research note on Wednesday, July 19th. Two analysts have rated the stock with a sell rating, two have issued a hold rating and two have given a buy rating to the company. Top Image Systems currently has a consensus rating of “Hold” and an average price target of $2.50.

Top Image Systems (TISA) opened at 1.23 on Thursday. Top Image Systems has a 52 week low of $1.11 and a 52 week high of $2.45. The company’s market cap is $22.06 million. The company has a 50-day moving average of $1.32 and a 200-day moving average of $1.32.

Top Image Systems (NASDAQ:TISA) last issued its quarterly earnings results on Wednesday, August 16th. The software maker reported ($0.10) earnings per share for the quarter, missing the Zacks’ consensus estimate of ($0.08) by $0.02. Top Image Systems had a negative return on equity of 26.38% and a negative net margin of 19.75%. The business had revenue of $7.41 million for the quarter, compared to analysts’ expectations of $7.36 million. On average, equities analysts expect that Top Image Systems will post ($0.13) EPS for the current year.

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An institutional investor recently raised its position in Top Image Systems stock. Renaissance Technologies LLC boosted its position in Top Image Systems, Ltd. (NASDAQ:TISA) by 0.7% during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 164,600 shares of the software maker’s stock after buying an additional 1,200 shares during the period. Renaissance Technologies LLC owned about 0.92% of Top Image Systems worth $219,000 at the end of the most recent reporting period. Institutional investors own 5.75% of the company’s stock.

Top Image Systems Company Profile

Top Image Systems Ltd. (TIS) is a developer and marketer of intelligent content capture and workflow automation solutions for managing and validating incoming content in any format from any source. The Company’s solutions deliver digital content to the people and applications that drive an enterprise by using advanced network, mobile and cloud technologies.

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