Alithya Group Inc. (NYSE:ALYA) – Equities research analysts at Cormark cut their FY2022 earnings per share (EPS) estimates for shares of Alithya Group in a report released on Monday, March 23rd. Cormark analyst G. Fairweather now expects that the company will post earnings of $0.02 per share for the year, down from their previous forecast of $0.08. Cormark currently has a “Market Perform” rating and a $3.00 target price on the stock.

Separately, Zacks Investment Research raised Alithya Group from a “hold” rating to a “buy” rating and set a $3.00 target price on the stock in a research note on Wednesday, February 19th.

Shares of ALYA opened at $1.75 on Wednesday. The business’s 50 day moving average is $2.51 and its 200 day moving average is $2.68. Alithya Group has a 12-month low of $0.96 and a 12-month high of $3.89.

Alithya Group (NYSE:ALYA) last issued its earnings results on Thursday, February 13th. The company reported ($0.02) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.02 by ($0.04). The company had revenue of $50.19 million during the quarter, compared to the consensus estimate of $55.51 million.

A number of large investors have recently added to or reduced their stakes in ALYA. Bank of Montreal Can increased its stake in Alithya Group by 30.0% in the 4th quarter. Bank of Montreal Can now owns 62,450 shares of the company’s stock worth $174,000 after acquiring an additional 14,400 shares during the last quarter. 1832 Asset Management L.P. bought a new stake in Alithya Group in the 4th quarter worth approximately $408,000. Millennium Management LLC increased its stake in Alithya Group by 1,468.3% in the 3rd quarter. Millennium Management LLC now owns 191,560 shares of the company’s stock worth $574,000 after acquiring an additional 205,560 shares during the last quarter. Fiera Capital Corp increased its stake in Alithya Group by 2.4% in the 4th quarter. Fiera Capital Corp now owns 1,576,615 shares of the company’s stock worth $4,398,000 after acquiring an additional 36,659 shares during the last quarter. Finally, Ancora Advisors LLC increased its stake in Alithya Group by 5.2% in the 4th quarter. Ancora Advisors LLC now owns 1,888,340 shares of the company’s stock worth $5,250,000 after acquiring an additional 93,426 shares during the last quarter.

Alithya Group Company Profile

Alithya Group Inc provides strategy and digital technology services in Canada, the United States, and Europe. The company's digital strategy and transformation services include strategic consulting and organizational change, governance and strategic alignment, investment management, collaborative management and co-management, business and enterprise architecture, managing the people side of change, and project management.

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Earnings History and Estimates for Alithya Group (NYSE:ALYA)

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