Key Points
- Tecsys director David Brereton sold 2,400 shares at an average price of C$30.00, generating C$72,000. Following the sale, he still directly owned 706,572 shares valued at approximately C$21.2 million.
- Tecsys reported quarterly EPS of C$0.21 on revenue of C$50.05 million, with a 3.24% net margin and 9.76% return on equity.
- Analyst sentiment remains positive, with a consensus “Buy” rating and an average price target of C$37.90, compared with the reported trading price of C$33.07.
Tecsys Inc. (TSE:TCS - Get Free Report) Director David Brereton sold 2,400 shares of the firm's stock in a transaction that occurred on Friday, September 11th. The shares were sold at an average price of C$30.00, for a total transaction of C$72,000.00. Following the completion of the transaction, the director directly owned 706,572 shares in the company, valued at approximately C$21,197,160. The trade was a 0.34% decrease in their ownership of the stock.
David Brereton also recently made the following trade(s):
- On Friday, August 28th, David Brereton sold 600 shares of Tecsys stock. The shares were sold at an average price of C$30.57, for a total transaction of C$18,342.00.
- On Friday, August 21st, David Brereton sold 500 shares of Tecsys stock. The shares were sold at an average price of C$30.57, for a total transaction of C$15,285.00.
- On Friday, August 21st, David Brereton sold 400 shares of Tecsys stock. The shares were sold at an average price of C$30.43, for a total value of C$12,172.00.
- On Friday, August 21st, David Brereton sold 300 shares of Tecsys stock. The stock was sold at an average price of C$30.41, for a total value of C$9,123.00.
- On Friday, July 17th, David Brereton sold 1,700 shares of Tecsys stock. The stock was sold at an average price of C$33.00, for a total value of C$56,100.00.
- On Friday, July 10th, David Brereton sold 200 shares of Tecsys stock. The stock was sold at an average price of C$34.00, for a total value of C$6,800.00.
- On Friday, July 3rd, David Brereton sold 500 shares of Tecsys stock. The shares were sold at an average price of C$31.00, for a total value of C$15,500.00.
Tecsys Trading Down 1.3%
TSE:TCS opened at C$33.07 on Wednesday. Tecsys Inc. has a 1-year low of C$22.51 and a 1-year high of C$38.00. The business's 50-day moving average price is C$32.05 and its two-hundred day moving average price is C$32.37. The company has a current ratio of 1.12, a quick ratio of 1.40 and a debt-to-equity ratio of 8.33. The firm has a market capitalization of C$476.77 million, a price-to-earnings ratio of 76.91 and a beta of 0.84.
Tecsys (TSE:TCS - Get Free Report) last issued its earnings results on Thursday, September 10th. The company reported C$0.21 earnings per share (EPS) for the quarter. The firm had revenue of C$50.05 million for the quarter. Tecsys had a return on equity of 9.76% and a net margin of 3.24%. On average, equities analysts expect that Tecsys Inc. will post 0.4600739 earnings per share for the current year.
Wall Street Analysts Forecast Growth
TCS has been the subject of a number of analyst reports. ATB Cormark Capital Markets boosted their price objective on shares of Tecsys from C$40.00 to C$41.00 and gave the company an "outperform" rating in a report on Monday. TD Securities upgraded shares of Tecsys to a "strong-buy" rating in a report on Thursday, July 9th. National Bank Financial lifted their price target on shares of Tecsys from C$40.00 to C$41.00 and gave the stock an "outperform" rating in a research report on Monday. TD set a C$39.00 price target on shares of Tecsys and gave the company a "buy" rating in a report on Wednesday, July 8th. Finally, Canaccord Genuity Group upgraded shares of Tecsys to a "strong-buy" rating in a research report on Thursday, August 6th. Two research analysts have rated the stock with a Strong Buy rating, three have given a Buy rating and one has assigned a Hold rating to the company. Based on data from MarketBeat, Tecsys currently has a consensus rating of "Buy" and a consensus price target of C$37.90.
Get Our Latest Report on TCS
Tecsys Company Profile
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Tecsys is trusted by mission-critical organizations in healthcare and distribution to build resilient, efficient and secure supply chains. A global provider of cloud-based, AI-driven software with deep domain expertise, Tecsys delivers real-time operational visibility and execution across critical workflows when performance and reliability matter most. Tecsys is publicly traded on the Toronto Stock Exchange (TCS). For more information, visit www.tecsys.com.
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