Enghouse Systems Stock Shares Outstanding

ENGH Stock  CAD 29.17  0.02  0.07%   
Enghouse Systems fundamentals help investors to digest information that contributes to Enghouse Systems' financial success or failures. It also enables traders to predict the movement of Enghouse Stock. The fundamental analysis module provides a way to measure Enghouse Systems' intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Enghouse Systems stock.
As of the 2nd of December 2024, Common Stock Shares Outstanding is likely to drop to about 53.3 M.
  
This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools.

Enghouse Systems Company Shares Outstanding Analysis

Enghouse Systems' Outstanding Shares are shares of common stock of a public company that were purchased by investors after they were authorized and issued by the company to the public. Outstanding Shares are typically reported on fully diluted basis, including exotic instruments such as options, or convertibles bonds.

Shares Outstanding

 = 

Public Shares

-

Repurchased

More About Shares Outstanding | All Equity Analysis

Current Enghouse Systems Shares Outstanding

    
  55.37 M  
Most of Enghouse Systems' fundamental indicators, such as Shares Outstanding, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Enghouse Systems is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

Enghouse Shares Outstanding Driver Correlations

Understanding the fundamental principles of building solid financial models for Enghouse Systems is extremely important. It helps to project a fair market value of Enghouse Stock properly, considering its historical fundamentals such as Shares Outstanding. Since Enghouse Systems' main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Enghouse Systems' historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Enghouse Systems' interrelated accounts and indicators.
Outstanding shares that are stated on company Balance Sheet are used when calculating many important valuation and performance indicators including Return on Equity, Market Cap, EPS and many others.
Competition

Enghouse Common Stock Shares Outstanding

Common Stock Shares Outstanding

53.29 Million

At this time, Enghouse Systems' Common Stock Shares Outstanding is very stable compared to the past year.
Based on the latest financial disclosure, Enghouse Systems has 55.37 M of shares currently outstending. This is 70.84% lower than that of the Software sector and significantly higher than that of the Information Technology industry. The shares outstanding for all Canada stocks is 90.32% higher than that of the company.

Enghouse Shares Outstanding Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Enghouse Systems' direct or indirect competition against its Shares Outstanding to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Enghouse Systems could also be used in its relative valuation, which is a method of valuing Enghouse Systems by comparing valuation metrics of similar companies.
Enghouse Systems is currently under evaluation in shares outstanding category among its peers.

Enghouse Fundamentals

About Enghouse Systems Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Enghouse Systems's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Enghouse Systems using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Enghouse Systems based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.

Pair Trading with Enghouse Systems

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Enghouse Systems position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Enghouse Systems will appreciate offsetting losses from the drop in the long position's value.

Moving together with Enghouse Stock

  0.7RCI-A Rogers CommunicationsPairCorr

Moving against Enghouse Stock

  0.47BUI Buhler IndustriesPairCorr
The ability to find closely correlated positions to Enghouse Systems could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Enghouse Systems when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Enghouse Systems - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Enghouse Systems to buy it.
The correlation of Enghouse Systems is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Enghouse Systems moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Enghouse Systems moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Enghouse Systems can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching

Other Information on Investing in Enghouse Stock

Enghouse Systems financial ratios help investors to determine whether Enghouse Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Enghouse with respect to the benefits of owning Enghouse Systems security.