Saas

Haywood cuts price target on Espial Group

Expect revenue for Espial Group (TSX:ESP) to be underwhelming over 2018, says analyst Pardeep S. Sangha of Haywood Securities, who believes that the cable and telecom software company’s ongoing transition to a SaaS model will eventually result in a more predictable and profitable model over the l ...

Solium Capital gets price target raise at Canaccord Genuity

Better than expected results over Q1 for Solium Capital (TSX:SUM) are cause for an estimates revision and target upgrade, says Robert Young of Canaccord Genuity. On Thursday, the analyst reiterated his “Buy” recommendation with a new C$12.75 price target. Makers of Software as a Service for equ ...

We are more bullish than ever on Shopify, says Mackie Research

Shopify’s “Unite 2018” event in Toronto this week Following his attendance at Shopify’s (TSX, NYSE:SHOP) “Unite 2018 ” event in Toronto, Mackie Research Capital analyst Nikhil Thadani is feeling bullish about the company’s prospects. From May 7-9, Shopify hosted its partner and deve ...

Espial Group is almost a double from here, Haywood Securities says

Espial CEO Jaison Dolvane Ahead of Espial Group’s (TSX:ESP) first quarter earnings next week, Haywood Securities analyst Pardeep S. Sangha believes that the software company’s recent transition to a SaaS platform is helping the company’s profitability. In an earnings preview to clients on Fr ...

Kinaxis is a buy, says Canaccord Genuity

Kinaxis’ (TSX:KXS) first quarter earnings may have come in a little soft, but the company is still seeing healthy subscription growth with an attractive EBITDA margin, says Canaccord Genuity’s Robert Young. On Thursday, the analyst maintained his “Buy” recommendation and price target of C$9 ...

Ignore the noise about Shopify, Mackie Research says

Even with the lukewarm reception investors just paid to Shopify’s (TSX:SHOP, NYSE:SHOP) first quarter 2018 financials, the e-commerce company has plenty of runway for revenue growth going forward, says Nikhil Thadani, analyst for Mackie Research Capital, who on Wednesday maintained his “Buy” ...

Real Matters has a 126 per cent upside, Canaccord Genuity says

Real Matters CEO Jason Smith Real estate software company Real Matters Inc. (TSX:REAL) just announced an agreement with a Tier 1 lender in the United States, a customer pickup that can only boost REAL’s chances of reaching its target penetration into the US, says analyst Robert Young with Canacc ...

Kinaxis is a buy, Laurentian Bank says

Ahead of next week’s first quarter 2018 financials from Kinaxis Inc. (TSX:KXS), Laurentian Bank Securities analyst Nick Agostino is looking for evidence of accelerating subscription growth from the supply chain management company. The analyst is maintaining his rating of “Buy” with a target p ...

Ceridian IPO is a tech record for the Toronto Stock Exchange

Human resources software company Ceridian HCM Holding Inc. (TSX:CDAY, NYSE:CDAY) began trading on both the TSX and NYSE today with an initial public offering (IPO) that raised US$462 million, making it the largest tech company by market capitalization to ever IPO in Canada. Founded in 1992, Ceridia ...

Episode 75: What Happens When Machine Learning and Fashion Converge?

Over the past decade, just about everything seems to have gone digital. Today complex algorithms serve up recommendations tailored to our individual tastes, completely transforming how we consume books, movies, music and more. And yet, we haven’t seen the same digital revolution take hold in the ...