Earnings

Tecsys Earnings Forecast Revised by National Bank Financial

Published December 10, 2024

Tecsys Inc. (TSE:TCS) has received a downward revision to its FY2026 earnings per share (EPS) forecast from National Bank Financial. In a report published on Sunday, December 8th, analyst J. Shao indicated that Tecsys is now expected to generate earnings of $0.86 per share for the fiscal year, a decrease from the previous estimate of $0.99. The general expectation for Tecsys’ current full-year earnings is $0.46 per share.

Other analysts have also expressed their views on Tecsys. For example, Ventum Financial recently raised their price target for Tecsys from C$45.00 to C$52.00, as detailed in a research report on Friday. Conversely, Cormark downgraded Tecsys shares from a "moderate buy" rating to a "hold" rating in one of their reports dated Monday, September 9th.

Tecsys Stock Overview

As of Tuesday, Tecsys stock opened at C$44.33. The fifty-day moving average stands at C$42.21, while the 200-day moving average is C$39.89. Tecsys holds a market capitalization of C$655.64 million and has a price-to-earnings ratio of 443.30 alongside a beta of 0.65. The company exhibits a debt-to-equity ratio of 2.87 and maintains a quick ratio of 1.40, with a current ratio of 1.38. The stock has experienced a 52-week low of C$29.20 and a high of C$45.35.

Insider Transactions

In addition to earnings forecasts, recent insider trading activity has been noted. Director David Brereton sold 1,500 shares of Tecsys on Friday, December 6th, at an average price of C$43.96, which resulted in a total transaction value of C$65,940.00. Company insiders currently own approximately 17.05% of Tecsys' stock.

About Tecsys

Tecsys Inc. specializes in the development, marketing, and sale of supply chain management software and related services across Canada, the United States, Europe, and other international markets. Their solutions encompass areas such as warehouse management, distribution and transportation management, point-of-use supply management, order management and fulfillment, financial management, and data analytics.

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This news update is generated using advanced narrative science technology along with financial data to provide accurate and prompt reporting. The information was verified by an editorial team before publication.

Is Tecsys a Worthwhile Investment?

Before pursuing an investment in Tecsys, it’s important to conduct thorough research. Industry analysts monitor top-rated stocks and share recommendations daily. Recently, Tecsys was not included on a list of five stocks recommended by analysts for investors to consider buying ahead of market trends.

Despite receiving a "Buy" rating currently, leading analysts believe that alternative stocks may represent superior investment opportunities.

Tecsys, Forecast, Earnings