Cormark Has Negative Forecast for Sylogist FY2025 Earnings

Sylogist Ltd. (TSE:SYZ) – Research analysts at Cormark lowered their FY2025 earnings per share estimates for shares of Sylogist in a note issued to investors on Friday, May 16th. Cormark analyst G. Fairweather now expects that the company will earn $0.03 per share for the year, down from their previous estimate of $0.09. The consensus estimate for Sylogist’s current full-year earnings is $0.24 per share.

Sylogist Stock Performance

Shares of Sylogist stock opened at C$9.53 on Monday. The firm has a market cap of C$225.34 million, a P/E ratio of 211.49 and a beta of 0.82. The company has a current ratio of 0.54, a quick ratio of 0.51 and a debt-to-equity ratio of 47.19. Sylogist has a 12 month low of C$6.33 and a 12 month high of C$11.60. The stock’s fifty day moving average price is C$8.43 and its 200-day moving average price is C$9.30.

Sylogist Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Wednesday, March 12th. Shareholders of record on Wednesday, March 12th were issued a dividend of $0.01 per share. This represents a $0.04 annualized dividend and a yield of 0.42%. The ex-dividend date of this dividend was Friday, February 28th. Sylogist’s payout ratio is 88.77%.

Sylogist Company Profile

Sylogist Ltd., a software company, provides mission-critical software-as-a-service solutions in Canada, the United States, and the United Kingdom. The company offers SylogistMission constituent relationship management system, which includes donor management, fundraising, volunteer management, and program delivery; and enterprise resource management, such as accounting and financial management, grant and award management, budget management, payroll and human resources, analytics and reporting, and support and training.