Temenos Group (OTCMKTS:TMSNY) Shares Gap Down – Should You Sell?

Temenos Group (OTCMKTS:TMSNY)’s share price gapped down before the market opened on Thursday . The stock had previously closed at $86.30, but opened at $82.63. Temenos Group shares last traded at $81.93, with a volume of 150 shares traded.

Analysts Set New Price Targets

TMSNY has been the topic of a number of recent analyst reports. Barclays raised shares of Temenos Group from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, March 4th. Citigroup upgraded Temenos Group from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, April 14th. Finally, Berenberg Bank raised Temenos Group to a “hold” rating in a report on Friday, March 20th. Two investment analysts have rated the stock with a Strong Buy rating and two have given a Hold rating to the company’s stock. According to data from MarketBeat, the company has a consensus rating of “Buy”.

Temenos Group Price Performance

The business’s fifty day moving average price is $91.52 and its 200 day moving average price is $92.81. The company has a debt-to-equity ratio of 1.66, a current ratio of 0.58 and a quick ratio of 0.58. The stock has a market cap of $6.24 billion, a P/E ratio of 139.95, a PEG ratio of 1.67 and a beta of 0.77.

Temenos Group (OTCMKTS:TMSNY) last announced its quarterly earnings results on Thursday, February 26th. The company reported $0.62 earnings per share (EPS) for the quarter. The company had revenue of $314.64 million for the quarter. Temenos Group had a net margin of 26.21% and a return on equity of 64.88%. Sell-side analysts forecast that Temenos Group will post 4.82 EPS for the current fiscal year.

Temenos Group Company Profile

Temenos Group is a leading provider of banking software systems, specializing in core banking platforms and digital front‐end solutions for financial institutions worldwide. The company’s flagship product, Temenos Transact, delivers end‐to‐end core banking functionality, enabling banks to manage accounts, deposits, loans and payments on a unified platform. Complementing this offering, Temenos Infinity provides digital banking capabilities, including online and mobile channels, customer onboarding, relationship management and analytics tools designed to enhance customer engagement and operational efficiency.

Founded in Geneva in 1993, Temenos serves more than 3,000 financial institutions across over 150 countries, ranging from community banks and credit unions to global systemically important banks.