Calian Group Ltd. (CGY.TO) – What Are Researchers Saying About This Stock?

Calian Group Ltd. (TSE:CGY) has earned an average rating of “Buy” from the eleven analysts that are presently covering the company, Marketbeat Ratings reports. Eleven analysts have rated the stock with a buy rating. The average twelve-month price objective among analysts that have covered the stock in the last year is C$101.95.

A number of analysts have commented on the stock. Royal Bank Of Canada lifted their target price on shares of Calian Group from C$90.00 to C$105.00 and gave the stock an “outperform” rating in a report on Friday, August 14th. National Bank Financial set a C$100.00 price target on Calian Group and gave the company an “outperform” rating in a research note on Tuesday, September 15th. Ventum Financial set a C$106.00 price target on Calian Group and gave the company a “buy” rating in a research note on Thursday, August 27th. Ventum Capital set a C$106.00 price target on Calian Group and gave the stock a “buy” rating in a research report on Thursday, September 17th. Finally, Desjardins lifted their price objective on Calian Group from C$104.00 to C$109.00 and gave the stock a “buy” rating in a research note on Friday, August 14th.

Calian Group Stock Up 0.3%

Shares of TSE:CGY opened at C$83.25 on Wednesday. Calian Group has a one year low of C$44.89 and a one year high of C$95.50. The company has a 50 day moving average of C$80.76 and a 200-day moving average of C$79.68. The company has a debt-to-equity ratio of 54.28, a current ratio of 1.61 and a quick ratio of 1.20. The stock has a market cap of C$959.29 million, a price-to-earnings ratio of 25.23, a P/E/G ratio of 2.50 and a beta of 0.66.

Calian Group (TSE:CGY) last announced its quarterly earnings data on Thursday, August 13th. The company reported C$1.10 earnings per share for the quarter. Calian Group had a net margin of 4.41% and a return on equity of 11.67%. The business had revenue of C$230.40 million for the quarter. On average, sell-side analysts forecast that Calian Group will post 4.95 earnings per share for the current year.

Calian Group Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Wednesday, September 9th. Shareholders of record on Wednesday, September 9th were paid a $0.28 dividend. The ex-dividend date of this dividend was Wednesday, August 26th. This represents a $1.12 annualized dividend and a yield of 1.3%. Calian Group’s dividend payout ratio is presently 33.94%.

Insider Transactions at Calian Group

In related news, insider Patrick Belanger Houston bought 699 shares of Calian Group stock in a transaction on Friday, August 28th. The shares were purchased at an average price of C$73.18 per share, for a total transaction of C$51,152.82. Following the completion of the acquisition, the insider owned 22,965 shares in the company, valued at approximately C$1,680,578.70. This represents a 3.14% increase in their ownership of the stock. Company insiders own 0.63% of the company’s stock.

Calian Group Company Profile

Calian Group Ltd operates through four segments namely Advanced Technologies, Health, Learning, and Information Technology. It generates maximum revenue from the Health segment. The company serves health, defence, security, aerospace, engineering, AgTech, and IT industries. Its Health segment includes Clinical Services; Nursing Services; Psychological Services and Medical Property Management. The Advanced Technologies segment includes Engineering Solutions and Services; Nuclear and Environmental Services; Satcom; DOCSIS; Electronics Design and Manufacturing and Agricultural Technology.