FY2025 Earnings Estimate for Computer Modelling Group Ltd. (TSE:CMG) Issued By National Bank Financial

Computer Modelling Group Ltd. (TSE:CMG) – Stock analysts at National Bank Financial decreased their FY2025 earnings per share estimates for shares of Computer Modelling Group in a note issued to investors on Wednesday, August 7th. National Bank Financial analyst J. Shao now expects that the company will post earnings per share of $0.33 for the year, down from their prior estimate of $0.35. The consensus estimate for Computer Modelling Group’s current full-year earnings is $0.35 per share.

Computer Modelling Group (TSE:CMG) last announced its quarterly earnings data on Wednesday, May 22nd. The company reported C$0.09 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of C$0.07 by C$0.02. Computer Modelling Group had a net margin of 25.10% and a return on equity of 42.70%. The company had revenue of C$32.29 million during the quarter, compared to analysts’ expectations of C$31.30 million.

Several other research analysts also recently commented on the company. Acumen Capital lifted their price objective on Computer Modelling Group from C$12.00 to C$13.00 and gave the stock a “buy” rating in a report on Friday, May 24th. Cibc World Mkts raised Computer Modelling Group to a “strong-buy” rating in a research note on Friday, May 24th. CIBC lifted their target price on shares of Computer Modelling Group from C$13.50 to C$15.00 in a research note on Thursday. National Bankshares increased their price target on shares of Computer Modelling Group from C$12.50 to C$14.00 and gave the company an “outperform” rating in a research report on Friday, May 31st. Finally, Echelon Wealth Partners boosted their price objective on shares of Computer Modelling Group from C$11.50 to C$13.00 and gave the company a “buy” rating in a research report on Friday, May 24th. One investment analyst has rated the stock with a sell rating, one has issued a hold rating, eight have issued a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average price target of C$13.25.

Computer Modelling Group Trading Down 2.2 %

Computer Modelling Group stock traded down C$0.27 during mid-day trading on Friday, hitting C$12.27. The company’s stock had a trading volume of 11,674 shares, compared to its average volume of 114,613. The business has a 50 day moving average price of C$13.46 and a 200-day moving average price of C$11.43. The company has a debt-to-equity ratio of 59.81, a current ratio of 1.76 and a quick ratio of 2.25. Computer Modelling Group has a 12 month low of C$6.85 and a 12 month high of C$14.73. The stock has a market cap of C$996.69 million, a price-to-earnings ratio of 43.24, a price-to-earnings-growth ratio of 1.97 and a beta of 1.14.

Insiders Place Their Bets

In other news, Senior Officer Long X. Nghiem sold 10,000 shares of the firm’s stock in a transaction that occurred on Thursday, June 6th. The stock was sold at an average price of C$13.50, for a total value of C$135,000.00. In other Computer Modelling Group news, Senior Officer Long X. Nghiem sold 40,000 shares of the firm’s stock in a transaction that occurred on Friday, May 31st. The shares were sold at an average price of C$13.10, for a total transaction of C$524,000.00. Also, Senior Officer Long X. Nghiem sold 10,000 shares of the business’s stock in a transaction that occurred on Thursday, June 6th. The stock was sold at an average price of C$13.50, for a total value of C$135,000.00. In the last quarter, insiders have sold 143,400 shares of company stock worth $1,865,633. Company insiders own 1.37% of the company’s stock.

Computer Modelling Group Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Friday, September 13th. Shareholders of record on Thursday, September 5th will be given a dividend of $0.05 per share. The ex-dividend date is Thursday, September 5th. This represents a $0.20 annualized dividend and a yield of 1.63%. Computer Modelling Group’s payout ratio is 68.97%.

Computer Modelling Group Company Profile

Computer Modelling Group Ltd., a software and consulting technology company, engages in the development and licensing of reservoir simulation and seismic interpretation software and related services. The company offers CMOST-AI, an optimization and analysis tool that offers solution for reservoir by combining advanced statistical analysis, machine learning, and impartial data interpretation; IMEX, a black oil simulator that is used to model primary, secondary, and tertiary oil recovery processes in conventional and unconventional reservoirs; and GEM, an equation-of-state reservoir simulator for compositional, chemical, and unconventional reservoir modelling.