National Bankshares Analysts Give Tecsys (TSE:TCS) a C$38.00 Price Target

National Bankshares set a C$38.00 price objective on Tecsys (TSE:TCS) in a research report sent to investors on Thursday morning,BayStreet.CA reports. The brokerage currently has a sector perform rating on the stock.

Tecsys Trading Down 0.2%

TSE:TCS opened at C$32.05 on Thursday. The stock has a market cap of C$474.82 million, a price-to-earnings ratio of 89.03 and a beta of 1.00. The company has a quick ratio of 1.40, a current ratio of 1.31 and a debt-to-equity ratio of 2.64. The company’s 50 day moving average price is C$34.18 and its 200-day moving average price is C$36.20. Tecsys has a 52 week low of C$31.49 and a 52 week high of C$47.48.

Tecsys (TSE:TCS) last announced its quarterly earnings data on Wednesday, December 3rd. The company reported C$0.12 earnings per share for the quarter. The company had revenue of C$48.64 million during the quarter. Tecsys had a net margin of 1.49% and a return on equity of 3.78%. On average, equities research analysts forecast that Tecsys will post 0.4600739 earnings per share for the current fiscal year.

Insiders Place Their Bets

In related news, Director David Brereton sold 800 shares of the stock in a transaction on Friday, December 12th. The stock was sold at an average price of C$32.73, for a total transaction of C$26,184.00. Following the sale, the director directly owned 737,772 shares of the company’s stock, valued at C$24,147,277.56. This trade represents a 0.11% decrease in their ownership of the stock. Also, insider Briarwood Capital Partners Lp acquired 39,400 shares of Tecsys stock in a transaction that occurred on Thursday, November 13th. The stock was acquired at an average price of C$34.25 per share, with a total value of C$1,349,450.00. Following the completion of the acquisition, the insider directly owned 1,702,565 shares in the company, valued at C$58,312,851.25. This represents a 2.37% increase in their position. Over the last ninety days, insiders have sold 2,200 shares of company stock worth $73,550. Corporate insiders own 17.05% of the company’s stock.

Tecsys Company Profile

Tecsys Inc is engaged in the development and sale of enterprise supply chain management software for distribution, warehousing, transportation logistics, point-of-use and order management. It also provides related consulting, education and support services. The company serves healthcare systems, services parts, third-party logistics, retail and general wholesale distribution industries. Geographically, it derives a majority of revenue from the United States and also has a presence in Canada and Other Countries.