Wall Street analysts expect Top Image Systems, Ltd. (NASDAQ:TISA) to report earnings per share (EPS) of ($0.03) for the current fiscal quarter, according to Zacks Investment Research. Two analysts have issued estimates for Top Image Systems’ earnings, with estimates ranging from ($0.05) to $0.00. Top Image Systems posted earnings per share of ($0.10) in the same quarter last year, which would indicate a positive year over year growth rate of 70%. The company is scheduled to report its next earnings results on Thursday, March 8th.
On average, analysts expect that Top Image Systems will report full-year earnings of ($0.19) per share for the current year, with EPS estimates ranging from ($0.19) to ($0.18). For the next financial year, analysts forecast that the firm will report earnings of $0.01 per share, with EPS estimates ranging from ($0.07) to $0.08. Zacks Investment Research’s EPS calculations are an average based on a survey of sell-side analysts that that provide coverage for Top Image Systems.
A number of brokerages have recently commented on TISA. ValuEngine raised Top Image Systems from a “strong sell” rating to a “sell” rating in a research report on Friday, September 1st. Zacks Investment Research lowered shares of Top Image Systems from a “hold” rating to a “sell” rating in a research note on Wednesday, August 23rd. Finally, HC Wainwright set a $3.00 target price on shares of Top Image Systems and gave the company a “buy” rating in a research note on Thursday, August 17th. One investment analyst has rated the stock with a sell rating, two have assigned a hold rating and two have issued a buy rating to the company. Top Image Systems currently has an average rating of “Hold” and a consensus target price of $2.50.
An institutional investor recently raised its position in Top Image Systems stock. Renaissance Technologies LLC lifted its stake in Top Image Systems, Ltd. (NASDAQ:TISA) by 0.7% in the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 164,600 shares of the software maker’s stock after purchasing an additional 1,200 shares during the period. Renaissance Technologies LLC owned 0.92% of Top Image Systems worth $219,000 at the end of the most recent reporting period. Institutional investors and hedge funds own 5.36% of the company’s stock.
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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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