Shares of Calian Group Ltd. (TSE:CGY – Get Free Report) have earned an average rating of “Buy” from the eight brokerages that are presently covering the firm, MarketBeat.com reports. Eight equities research analysts have rated the stock with a buy rating. The average 1 year target price among brokerages that have covered the stock in the last year is C$87.94.
CGY has been the topic of several research analyst reports. Ventum Financial lifted their price target on Calian Group from C$84.00 to C$94.00 and gave the stock a “buy” rating in a research report on Tuesday, March 10th. Royal Bank Of Canada upped their price objective on Calian Group from C$78.00 to C$90.00 and gave the company an “outperform” rating in a research note on Friday, May 15th. Stifel Nicolaus set a C$100.00 price objective on Calian Group and gave the company a “buy” rating in a research note on Wednesday, May 20th. Canaccord Genuity Group upped their price objective on Calian Group from C$63.00 to C$80.00 in a research note on Friday, February 13th. Finally, Canadian Imperial Bank of Commerce upped their price objective on Calian Group from C$76.00 to C$90.00 in a research note on Friday, May 15th.
Read Our Latest Report on Calian Group
Calian Group Trading Up 4.8%
Calian Group (TSE:CGY – Get Free Report) last released its quarterly earnings results on Thursday, May 14th. The company reported C$1.30 EPS for the quarter. The company had revenue of C$228.70 million for the quarter. Calian Group had a return on equity of 10.35% and a net margin of 3.97%. On average, research analysts predict that Calian Group will post 4.9475219 EPS for the current year.
Calian Group Dividend Announcement
The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, June 10th. Shareholders of record on Wednesday, June 10th will be paid a dividend of $0.28 per share. The ex-dividend date of this dividend is Wednesday, May 27th. This represents a $1.12 annualized dividend and a yield of 1.2%. Calian Group’s dividend payout ratio is currently 39.30%.
Insider Buying and Selling
In other Calian Group news, insider Patrick Belanger Houston sold 6,432 shares of the company’s stock in a transaction that occurred on Wednesday, May 20th. The stock was sold at an average price of C$80.91, for a total transaction of C$520,413.12. Following the completion of the sale, the insider directly owned 22,266 shares of the company’s stock, valued at C$1,801,542.06. This represents a 22.41% decrease in their position. 0.63% of the stock is currently owned by corporate insiders.
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.
Featured Stories
- Five stocks we like better than Calian Group
- Costco’s Strong Quarter Still Leaves Investors With a Valuation Problem
- These 3 Software Stocks Are Buying Back Shares Hand Over Fist
- Gap Inc. Cuts Sales Outlook After Q1 Miss, Shares Drop 17%
- MongoDB’s AI Advantage Is Starting to Show Up in Results
Receive News & Ratings for Calian Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Calian Group and related companies with MarketBeat.com's FREE daily email newsletter.
