Application Software New Highs: TeleCommunication Systems (NASDAQ:TSYS), Msci Inc (NYSE:MSCI), Synaptics, Incorporated (NASDAQ:SYNA), Intuit (NASDAQ:INTU)

Posted by on Jul 07, 2014

On 2 JULY TeleCommunication Systems, Inc. (NASDAQ:TSYS) reported $0.04 EPS for the quarter, beating the Thomson Reuters consensus estimate of $0.02 by $0.02. The company had revenue of $85.09 million for the quarter, compared to the consensus estimate of $76.78 million. During the same quarter in the prior year, the company posted $0.04 earnings per share. The company’s quarterly revenue was down 10.2% on a year-over-year basis. On average, analysts predict that TeleCommunication Systems will post $0.19 earnings per share for the current fiscal year. TeleCommunication Systems, Inc. (NASDAQ:TSYS) net profit margin is -16.50% and weekly performance is 11.32%. On last trading day company shares ended up $3.54. Analysts mean target price for the company is $4.00. TeleCommunication Systems, Inc. (NASDAQ:TSYS) distance from 50-day simple moving average (SMA50) is 13.95%.

On 27 JUNE Msci Inc (NYSE:MSCI) announced that it has agreed to acquire GMI Ratings, a provider of ESG (environmental, social and governance) ratings and research to institutional investors, through its subsidiary MSCI ESG Research Inc. The transaction is expected to close in the third quarter, subject to customary closing conditions. Msci Inc (NYSE:MSCI) shares advanced 1.76% in last trading session and ended the day on $47.34. MSCI Gross Margin is 68.00% and its return on assets is 9.70%. Msci Inc (NYSE:MSCI) quarterly performance is 8.18%.

On 10 JUNE Synaptics, Incorporated (NASDAQ:SYNA) updated its revenue outlook for the fourth quarter ending June 30, 2014. The Company also issued a separate press release announcing that it has signed a definitive agreement to acquire all of the outstanding equity of Renesas SP Drivers, Inc., the industry leader in small and medium-size display driver ICs (DDICs) for smartphones and tablets. Synaptics, Incorporated (NASDAQ:SYNA) shares moved up 1.08% in last trading session and was closed at $92.68, while trading in range of $91.79 – $93.27. Synaptics, Incorporated (NASDAQ:SYNA) year to date (YTD) performance is 78.88%.

On 17 JUNE Intuit Inc. (NASDAQ:INTU) reported $3.53 EPS for the quarter, beating the Thomson Reuters consensus estimate of $3.50 by $0.03. The company had revenue of $2.39 billion for the quarter, compared to the consensus estimate of $2.38 billion. During the same quarter in the prior year, the company posted $2.97 earnings per share. The company’s quarterly revenue was up 14.2% on a year-over-year basis. Analysts expect that Intuit will post $3.58 EPS for the current fiscal year. Intuit Inc. (NASDAQ:INTU) ended the last trading day at $82.23. Company weekly volatility is calculated as 1.16% and price to cash ratio as 8.87. Intuit Inc. (NASDAQ:INTU) showed a positive weekly performance of 1.57%.

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