Sylogist Ltd Forecasted to Earn FY2020 Earnings of $0.64 Per Share (SYZ)

Sylogist Ltd (CVE:SYZ) – Research analysts at Cormark boosted their FY2020 earnings estimates for Sylogist in a research note issued to investors on Wednesday, May 15th. Cormark analyst G. Fairweather now forecasts that the company will earn $0.64 per share for the year, up from their previous forecast of $0.55.

CVE:SYZ opened at C$12.00 on Friday. Sylogist has a 52 week low of C$10.84 and a 52 week high of C$14.76. The stock has a market cap of $270.25 million and a P/E ratio of 21.05.

In related news, Senior Officer David Elder sold 100,000 shares of the firm’s stock in a transaction dated Thursday, May 16th. The shares were sold at an average price of C$12.00, for a total transaction of C$1,200,000.00. Following the transaction, the insider now directly owns 8,500 shares of the company’s stock, valued at C$102,000.

About Sylogist

Sylogist Ltd. provides enterprise resource planning (ERP) solutions to local governments, non-profit and non-governmental organizations, and K-12 education markets in Canada, the United States, the United Kingdom, and internationally. It offers Serenic Navigator solutions comprises accounting and financial management, award and budget management, payroll and human resources, analytics and decision support, reporting, deposits and loans, and field connect products.

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Earnings History and Estimates for Sylogist (CVE:SYZ)

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