Calian Group Ltd. (TSE:CGY) Receives C$74.83 Consensus PT from Brokerages

Calian Group Ltd. (TSE:CGY) has earned an average rating of “Buy” from the six brokerages that are presently covering the firm, MarketBeat reports. Six equities research analysts have rated the stock with a buy rating. The average twelve-month price target among brokers that have issued ratings on the stock in the last year is C$76.83.

Several equities research analysts have weighed in on CGY shares. Canadian Imperial Bank of Commerce increased their price target on Calian Group from C$65.00 to C$76.00 in a research report on Friday, February 13th. Ventum Financial lifted their price target on Calian Group from C$84.00 to C$94.00 and gave the company a “buy” rating in a research report on Tuesday. Desjardins boosted their price target on Calian Group from C$59.00 to C$66.00 and gave the company a “buy” rating in a report on Thursday, November 27th. Acumen Capital upped their price objective on Calian Group from C$70.00 to C$85.00 and gave the stock a “buy” rating in a research report on Friday, February 13th. Finally, Royal Bank Of Canada raised their price objective on shares of Calian Group from C$58.00 to C$60.00 and gave the stock an “outperform” rating in a research note on Friday, February 13th.

Calian Group Price Performance

Shares of TSE CGY opened at C$78.70 on Tuesday. The business’s 50 day moving average price is C$68.69 and its 200 day moving average price is C$58.04. The firm has a market cap of C$898.28 million, a P/E ratio of 34.52, a P/E/G ratio of 2.50 and a beta of 0.78. Calian Group has a 52 week low of C$37.70 and a 52 week high of C$85.16. The company has a quick ratio of 1.20, a current ratio of 1.65 and a debt-to-equity ratio of 64.10.

Calian Group (TSE:CGY) last posted its quarterly earnings results on Thursday, February 12th. The company reported C$1.03 earnings per share (EPS) for the quarter. Calian Group had a net margin of 3.34% and a return on equity of 8.41%. The company had revenue of C$208.00 million during the quarter. On average, sell-side analysts expect that Calian Group will post 4.9475219 earnings per share for the current year.

Calian Group Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, March 11th. Shareholders of record on Wednesday, March 11th were given a $0.28 dividend. The ex-dividend date was Wednesday, February 25th. This represents a $1.12 dividend on an annualized basis and a dividend yield of 1.4%. Calian Group’s dividend payout ratio is 49.12%.

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.