Top Image Systems (TISA) Raised to Hold at Zacks Investment Research

Top Image Systems (NASDAQ:TISA) was upgraded by Zacks Investment Research from a “sell” rating to a “hold” rating in a research note issued to investors on Tuesday.

According to Zacks, “Top Image Systems, Ltd., develops and markets form processing, information recognition and data entry software, systems and technologies. The company’s software minimizes the need for manual data-entry by automatically reading and processing the information contained in forms, increasing data capture accuracy and the rate of information processing. TiS’ award-winning AFPSPro software provides a complete, cost-effective, reliable solution for mid to high-volume production form processing. (PRESS RELEASE) “

A number of other brokerages also recently commented on TISA. ValuEngine raised shares of Top Image Systems from a “strong sell” rating to a “sell” rating in a research report on Thursday, December 21st. HC Wainwright set a $3.00 price objective on shares of Top Image Systems and gave the company a “buy” rating in a research report on Friday, November 17th. One investment analyst has rated the stock with a sell rating, two have given a hold rating and two have given a buy rating to the stock. The stock has an average rating of “Hold” and a consensus price target of $2.50.

Top Image Systems (TISA) traded up $0.02 during trading on Tuesday, reaching $1.02. 30,276 shares of the company’s stock were exchanged, compared to its average volume of 78,538. The firm has a market cap of $18.47, a price-to-earnings ratio of -2.08 and a beta of 1.14. Top Image Systems has a 12 month low of $0.96 and a 12 month high of $1.75.

Top Image Systems (NASDAQ:TISA) last released its earnings results on Wednesday, November 15th. The software maker reported ($0.08) earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of ($0.05) by ($0.03). The business had revenue of $7.06 million for the quarter, compared to analyst estimates of $7.90 million. Top Image Systems had a negative return on equity of 50.20% and a negative net margin of 30.77%. analysts anticipate that Top Image Systems will post -0.32 EPS for the current fiscal year.

ILLEGAL ACTIVITY WARNING: This piece of content was posted by American Banking News and is the sole property of of American Banking News. If you are viewing this piece of content on another publication, it was stolen and republished in violation of US & international copyright & trademark law. The original version of this piece of content can be viewed at https://www.americanbankingnews.com/2018/02/06/top-image-systems-tisa-raised-to-hold-at-zacks-investment-research.html.

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.

Get a free copy of the Zacks research report on Top Image Systems (TISA)

For more information about research offerings from Zacks Investment Research, visit Zacks.com

Receive News & Ratings for Top Image Systems Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Top Image Systems and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply