Temenos Group AG

Temenos is engaged in the development, marketing and sale of banking software systems. Co. is also involved in supporting the implementation of the systems at various client locations around the world as well as in offering help desk support services to existing users of TEMENOS software systems. Co.'s client base consists of banking and other financial services institutions. Co.'s segments include: Product, which is engaged in marketing, licensing and maintaining Co.'s software solutions, including software development fees for requested functionality, as well as providing hosting arrangements; and Services, which represents various implementation services such as consulting and training.
  • TickerTEMN
  • ISINCH0012453913
  • ExchangeSix Swiss Exchange
  • SectorSoftware & Computer Services
  • CountrySwitzerland

Temenos Group Ag: 1 director sold

A director at Temenos Group Ag sold 4,500 shares at 131.500CHF and the significance rating of the trade was 94/100. Is that information sufficient for you to make an investment decision? This report gives details of those trades and adds context and analysis to them such that you can judge whether these trading decisions are ones worth following. Included in the report is a detailed share price chart which plots discretionary trades by all the company's directors over the last two years clearly showing Close periods where trading activity is restricted under listing rules. The names of boa...

Gregory Ramirez

TEMENOS: Q1 2020 call feedback: an impressive margin jump to expect | NEUTRAL | CHF119 vs. CHF113 (-1%)

TEMENOS - NEUTRAL | CHF119 vs. CHF113 (-1%) Q1 2020 call feedback: an impressive margin jump to expect Banks have switched priorities to short-term issues Gradual improvement is expected from Q3 2020 We raise our FY20 operating margin forecast to 35% from 33% We raise our Fair Value to CHF119 from CHF113

Gregory Ramirez

TEMENOS: We adopt more caution on FY20 revenues | NEUTRAL vs. BUY | CHF113 vs. CHF142 (+3%)

TEMENOS - NEUTRAL vs. BUY | CHF113 vs. CHF142 (+3%) We adopt more caution on FY20 revenues SaaS and maintenance may offset a possible licence fall in Q1 Catalysts are still there, but we prefer to be cautious for 2020 We now anticipate a 1.3ppt operating margin decline We adopt a Neutral rating, Fair Value of CHF113 vs. CHF142

TEMENOS AG suffers a double requalification, which weighs heavily on its rating, now at Slightly Negative.

The independent financial analyst theScreener just downgraded the general evaluation of TEMENOS AG (CH), active in the Software industry. As regards its fundamental valuation, the title loses a star(s) and now shows 1 out of 4 stars. Its market behaviour is also negatively reassessed and may be considered as risky. theScreener believes that this double requalification keeps the title under pressure and justifies an overall rating downgrade to Slightly Negative. As of the analysis date April 3, 2020, the closing price was CHF 108.60 and its target price was estimated at CHF 102.50.

Gregory Ramirez

TEMENOS: CMD feedback: the Grail of tier-1 banks through microservices | BUY - TOP PICKS | CHF195

TEMENOS - BUY - TOP PICKS | CHF195 CMD feedback: the Grail of tier-1 banks through microservices Many growth and profitability drivers ahead Temenos is clearly moving to Cloud and microservices Momentum is building up in the US

Dave Nicoski ...
  • Ross LaDuke

Int'l Macro Vision: Global Equity Strategy

Int'l Equity Strategy Global equities staged an impressive rally over the first four months of 2019. The nearly unabated advance allowed the broad major indexes (MSCI ACWI, ACWI ex-US, and EAFE) to break topside critical 14-month downtrends which began in January 2018. Heading into May, YTD uptrends were ubiquitous and market participants were generally of the belief that a US-China trade deal was a foregone conclusion. Then came Trump's May 5th tweets claiming China was attempting to renegotiate, and that tariffs would increase from 10% to 25%. The tariff escalation contributed to uptrend br...

Dave Nicoski ...
  • Ross LaDuke

Vermilion Int'l Compass: Global Equity Strategy

YTD sideways congestion for the MSCI ACWI ex-US and an intact downtrend for the MSCI EM index continue to point to a risk-off environment for international equity markets, and supports our neutral outlook (at best)... see page 2. We continue to recommend avoiding broad indexed exposure in favor of selectivity. In today's report we highlight actionable country- and Sector-specific themes: • Norway and India are leadership. Norway's Oslo OBX and India's SENSEX remain global leaders. Overweight these markets... see below and page 3 for overviews and actionable country-specific stocks. • Austral...

Dave Nicoski ...
  • Ross LaDuke

Vermilion Int'l Compass: Global Equity Strategy

Global Energy shares breaking out; Technology remains attractive The MSCI ACWI and S&P 500 have both achieved a higher high relative to mid-April prices, which we see as a potential early indication of a bullish trend change. Combine this with improving market internals and we are becoming incrementally more bullish. For the MSCI ACWI, one of the more concerning breadth indicators has been the percentage of stocks above their 200-day moving average. This indicator recently hit a higher high (see below, left), a positive development that confirms the market's recent advance. • Major themes: O...

Dave Nicoski ...
  • John Betz

Int'l Insights: Bullish Stocks

Developed international equities (MSCI EAFE) have been underperforming relative to global equities (MSCI ACWI). So, within EAFE, where would we want to be invested? Our answer: outperforming SMID-caps, as displayed via the 10-year chart (attached). We expect this outperformance to continue; stick with this trend. In today's report we use a bottom-up approach to highlight actionable charts, sorted by market cap (all buys at current levels). Charts highlighted: NMC-GB, ASC-GB, TEMN-CH, EVR-GB, DIM-FR, WCH-DE, KRX-IE, POM-FR, BCVN-CH, WLN-FR, JE-GB, RUI-FR, LOGI-US, 4004-JP, HLMA-GB, ASRNL-NL,...

Temenos Group Ag: 1 director sold

A director at Temenos Group Ag sold 4,500 shares at 131.500CHF and the significance rating of the trade was 94/100. Is that information sufficient for you to make an investment decision? This report gives details of those trades and adds context and analysis to them such that you can judge whether these trading decisions are ones worth following. Included in the report is a detailed share price chart which plots discretionary trades by all the company's directors over the last two years clearly showing Close periods where trading activity is restricted under listing rules. The names of boa...

Gregory Ramirez

TEMENOS: Q1 2020 call feedback: an impressive margin jump to expect | NEUTRAL | CHF119 vs. CHF113 (-1%)

TEMENOS - NEUTRAL | CHF119 vs. CHF113 (-1%) Q1 2020 call feedback: an impressive margin jump to expect Banks have switched priorities to short-term issues Gradual improvement is expected from Q3 2020 We raise our FY20 operating margin forecast to 35% from 33% We raise our Fair Value to CHF119 from CHF113

Gregory Ramirez

TEMENOS: We adopt more caution on FY20 revenues | NEUTRAL vs. BUY | CHF113 vs. CHF142 (+3%)

TEMENOS - NEUTRAL vs. BUY | CHF113 vs. CHF142 (+3%) We adopt more caution on FY20 revenues SaaS and maintenance may offset a possible licence fall in Q1 Catalysts are still there, but we prefer to be cautious for 2020 We now anticipate a 1.3ppt operating margin decline We adopt a Neutral rating, Fair Value of CHF113 vs. CHF142

TEMENOS AG suffers a double requalification, which weighs heavily on its rating, now at Slightly Negative.

The independent financial analyst theScreener just downgraded the general evaluation of TEMENOS AG (CH), active in the Software industry. As regards its fundamental valuation, the title loses a star(s) and now shows 1 out of 4 stars. Its market behaviour is also negatively reassessed and may be considered as risky. theScreener believes that this double requalification keeps the title under pressure and justifies an overall rating downgrade to Slightly Negative. As of the analysis date April 3, 2020, the closing price was CHF 108.60 and its target price was estimated at CHF 102.50.

Gregory Ramirez

TEMENOS: CMD feedback: the Grail of tier-1 banks through microservices | BUY - TOP PICKS | CHF195

TEMENOS - BUY - TOP PICKS | CHF195 CMD feedback: the Grail of tier-1 banks through microservices Many growth and profitability drivers ahead Temenos is clearly moving to Cloud and microservices Momentum is building up in the US

Gregory Ramirez

TEMENOS: FY19 results and FY20 guidance slightly ahead of expectations | BUY - TOP PICKS | CHF195

TEMENOS - BUY - TOP PICKS | CHF195 FY19 results and FY20 guidance slightly ahead of expectations FY19 results were slightly ahead of expectations Lower-than-usual operating cash conversion is not a concern Middle-East & Africa is back on track FY20 operating profit guidance is slightly ahead our forecasts

Ford Equity International Rating and Forecast Report

Ford Equity International Research Reports cover 60 countries with over 30,000 stocks traded on international exchanges. A proprietary quantitative system compares each company to its peers on proven measures of business value, growth characteristics, and investor behavior. Ford's three recommendation ratings buy, hold and sell, represent each stock’s return potential relative to its own country market.. The rating reports which are generated each week, include the fundamental details behind each recommendation and reflect the fundamental and price data as of the last trading day of the week...

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