Temenos Group (OTCMKTS:TMSNY) Shares Gap Up – Still a Buy?

Temenos Group (OTCMKTS:TMSNY)’s stock price gapped up prior to trading on Monday . The stock had previously closed at $83.3855, but opened at $90.98. Temenos Group shares last traded at $90.33, with a volume of 6 shares.

Wall Street Analyst Weigh In

A number of equities research analysts have commented on TMSNY shares. Berenberg Bank raised Temenos Group to a “hold” rating in a research note on Friday, March 20th. Citigroup upgraded Temenos Group from a “hold” rating to a “strong-buy” rating in a report on Tuesday, April 14th. Finally, Barclays upgraded shares of Temenos Group from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, March 4th. Two research analysts have rated the stock with a Strong Buy rating and two have assigned a Hold rating to the stock. According to MarketBeat.com, Temenos Group presently has a consensus rating of “Buy”.

Temenos Group Price Performance

The company has a debt-to-equity ratio of 1.66, a quick ratio of 0.58 and a current ratio of 0.58. The business has a 50 day simple moving average of $91.52 and a 200-day simple moving average of $92.81. The firm has a market cap of $6.49 billion, a price-to-earnings ratio of 145.46, a P/E/G ratio of 1.74 and a beta of 0.74.

Temenos Group (OTCMKTS:TMSNY) last posted its earnings results on Thursday, February 26th. The company reported $0.62 earnings per share for the quarter. The company had revenue of $314.64 million for the quarter. Temenos Group had a return on equity of 64.88% and a net margin of 26.21%. Equities research analysts expect that Temenos Group will post 4.82 earnings per share for the current year.

Temenos Group Company Profile

Temenos Group is a leading provider of banking software systems, specializing in core banking platforms and digital front?end solutions for financial institutions worldwide. The company’s flagship product, Temenos Transact, delivers end?to?end core banking functionality, enabling banks to manage accounts, deposits, loans and payments on a unified platform. Complementing this offering, Temenos Infinity provides digital banking capabilities, including online and mobile channels, customer onboarding, relationship management and analytics tools designed to enhance customer engagement and operational efficiency.

Founded in Geneva in 1993, Temenos serves more than 3,000 financial institutions across over 150 countries, ranging from community banks and credit unions to global systemically important banks.