Top Image Systems Ltd. (NASDAQ:TISA) Receives Average Recommendation of “Buy” from Analysts

Shares of Top Image Systems Ltd. (NASDAQ:TISA) have received a consensus rating of “Buy” from the six brokerages that are currently covering the firm. Three analysts have rated the stock with a hold rating and three have given a buy rating to the company. The average 1-year target price among brokers that have updated their coverage on the stock in the last year is $3.50.

A number of equities research analysts have commented on TISA shares. Canaccord Genuity restated a “buy” rating and issued a $3.50 target price on shares of Top Image Systems in a research report on Wednesday, August 31st. Zacks Investment Research downgraded Top Image Systems from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, July 20th. Finally, TheStreet upgraded Top Image Systems from a “sell” rating to a “hold” rating in a research report on Thursday, August 11th.

Shares of Top Image Systems (NASDAQ:TISA) opened at 2.22 on Tuesday. The company’s market cap is $39.78 million. Top Image Systems has a 12 month low of $1.39 and a 12 month high of $3.85. The company’s 50-day moving average price is $2.02 and its 200-day moving average price is $1.81.

Top Image Systems (NASDAQ:TISA) last posted its earnings results on Thursday, August 4th. The company reported $0.02 EPS for the quarter, beating the Zacks’ consensus estimate of ($0.01) by $0.03. Top Image Systems had a negative return on equity of 16.74% and a negative net margin of 30.61%. The company had revenue of $8.50 million for the quarter, compared to the consensus estimate of $8.50 million. Equities analysts forecast that Top Image Systems will post $0.03 EPS for the current fiscal year.

An institutional investor recently bought a new position in Top Image Systems stock. WealthTrust Axiom LLC acquired a new stake in shares of Top Image Systems Ltd. (NASDAQ:TISA) during the second quarter, according to its most recent Form 13F filing with the SEC. The fund acquired 53,000 shares of the company’s stock, valued at approximately $101,000. WealthTrust Axiom LLC owned about 0.30% of Top Image Systems at the end of the most recent quarter. Institutional investors and hedge funds own 8.48% of the company’s stock.

Top Image Systems Company Profile

Top Image Systems Ltd. (TIS) is a developer and marketer of intelligent content capture and workflow automation solutions for managing and validating incoming content in any format from any source. The Company’s solutions deliver digital content to the people and applications that drive an enterprise by using advanced network, mobile and cloud technologies.

5 Day Chart for NASDAQ:TISA

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