Companies

National Bank Financial Lowers Tecsys FY2026 EPS Forecast

Published December 10, 2024

Tecsys Inc. (TSE:TCS - Free Report) has experienced a revision in its earnings expectations for the fiscal year 2026. On Sunday, December 8th, analysts at National Bank Financial published a report indicating a decrease in their earnings per share (EPS) forecast. Analyst J. Shao is now predicting that Tecsys will earn $0.86 per share, a reduction from their earlier estimate of $0.99 per share. Notably, the current consensus for Tecsys' full-year earnings stands at $0.46 per share.

In addition to National Bank Financial's update, other financial experts have recently shared their assessments regarding Tecsys stock. Ventum Financial increased its price target for Tecsys from C$45.00 to C$52.00 in a report released on Friday. Conversely, Cormark downgraded Tecsys from a "moderate buy" rating to a "hold" rating in a publication dated September 9th.

Tecsys Stock Overview

The stock of Tecsys opened at C$44.33 as of Tuesday. The company has a fifty-day moving average of C$42.21 and a two-hundred-day moving average of C$39.89. Tecsys holds a market capitalization of C$655.64 million and has a price-to-earnings ratio of 443.30, with a beta of 0.65. Furthermore, the company's debt-to-equity ratio is reported at 2.87, and both its quick ratio and current ratio are at 1.40 and 1.38, respectively. Over the past year, Tecsys has seen a low of C$29.20 and a high of C$45.35 in its stock price.

Insider Activity

In other developments, Tecsys Director David Brereton sold 1,500 shares of the company’s stock on Friday, December 6th. This transaction was executed at an average price of C$43.96 per share, totaling C$65,940.00. It is noteworthy that company insiders currently own approximately 17.05% of Tecsys' stock.

About Tecsys

Tecsys Inc. focuses on the development, marketing, and sale of supply chain management software and related services across Canada, the United States, Europe, and other international markets. The company specializes in warehouse management, distribution and transportation management, supply management at point-of-use, order management and fulfillment, and financial management and analytics solutions.

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