Calian Group Ltd. (CGY) To Go Ex-Dividend on August 26th

Calian Group Ltd. (TSE:CGY) announced a quarterly dividend on Wednesday, August 26th, TickerTech Dividends reports. Shareholders of record on Wednesday, September 9th will be given a dividend of 0.28 per share on Wednesday, September 9th. This represents a c) annualized dividend and a yield of 1.5%. The ex-dividend date is Wednesday, August 26th.

Calian Group Price Performance

Shares of TSE:CGY opened at C$76.56 on Monday. Calian Group has a 52-week low of C$44.89 and a 52-week high of C$95.50. The firm has a market capitalization of C$881.36 million, a P/E ratio of 23.20, a P/E/G ratio of 2.50 and a beta of 0.96. The stock has a 50 day moving average price of C$81.07 and a 200-day moving average price of C$78.01. The company has a debt-to-equity ratio of 54.28, a quick ratio of 1.20 and a current ratio of 1.61.

Calian Group (TSE:CGY) last released its quarterly earnings results on Thursday, August 13th. The company reported C$1.10 earnings per share for the quarter. The company had revenue of C$230.40 million for the quarter. Calian Group had a return on equity of 11.67% and a net margin of 4.41%. As a group, equities research analysts anticipate that Calian Group will post 4.9475219 EPS for the current fiscal year.

Wall Street Analyst Weigh In

A number of research firms have recently weighed in on CGY. Desjardins upped their target price on shares of Calian Group from C$104.00 to C$109.00 and gave the stock a “buy” rating in a research report on Friday, August 14th. Canadian Imperial Bank of Commerce boosted their price objective on shares of Calian Group from C$93.00 to C$107.00 in a research note on Friday, August 14th. Ventum lifted their target price on shares of Calian Group from C$94.00 to C$100.00 and gave the company a “buy” rating in a report on Monday, June 15th. Stifel Nicolaus set a C$100.00 price target on Calian Group and gave the stock a “buy” rating in a research report on Wednesday, May 20th. Finally, ATB Cormark Capital Markets upped their price target on Calian Group from C$92.50 to C$98.50 and gave the stock an “outperform” rating in a research note on Tuesday, May 19th. Nine research analysts have rated the stock with a Buy rating, Based on data from MarketBeat.com, the company currently has an average rating of “Buy” and a consensus target price of C$101.72.

About Calian Group

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.