Calian Group Ltd. (TSE:CGY – Get Free Report) has received an average rating of “Buy” from the eleven brokerages that are covering the stock, MarketBeat.com reports. Eleven equities research analysts have rated the stock with a buy recommendation. The average twelve-month price objective among analysts that have issued a report on the stock in the last year is C$101.95.
A number of research analysts have recently issued reports on the company. Ventum Capital set a C$106.00 target price on Calian Group and gave the company a “buy” rating in a report on Thursday, September 17th. Royal Bank Of Canada increased their price target on Calian Group from C$90.00 to C$105.00 and gave the stock an “outperform” rating in a report on Friday, August 14th. Canaccord Genuity Group lifted their price objective on shares of Calian Group from C$103.00 to C$105.00 and gave the company a “buy” rating in a research report on Monday, June 29th. National Bank Financial set a C$100.00 price objective on shares of Calian Group and gave the company an “outperform” rating in a research note on Tuesday, September 15th. Finally, Canadian Imperial Bank of Commerce upped their price objective on shares of Calian Group from C$93.00 to C$107.00 in a research report on Friday, August 14th.
Read Our Latest Stock Analysis on CGY
Calian Group Stock Performance
Calian Group (TSE:CGY – Get Free Report) last posted its quarterly earnings data on Thursday, August 13th. The company reported C$1.10 EPS for the quarter. Calian Group had a return on equity of 11.67% and a net margin of 4.41%.The firm had revenue of C$230.40 million during the quarter. As a group, equities research analysts forecast that Calian Group will post 4.9475219 EPS for the current year.
Calian Group Dividend Announcement
The company also recently declared a quarterly dividend, which was paid on Wednesday, September 9th. Stockholders of record on Wednesday, September 9th were paid a dividend of $0.28 per share. This represents a $1.12 dividend on an annualized basis and a dividend yield of 1.4%. The ex-dividend date was Wednesday, August 26th. Calian Group’s payout ratio is 33.94%.
Insider Transactions at Calian Group
In other news, insider Patrick Belanger Houston purchased 699 shares of the business’s stock in a transaction that occurred on Friday, August 28th. The stock was purchased at an average cost of C$73.18 per share, with a total value of C$51,152.82. Following the completion of the acquisition, the insider directly owned 22,965 shares of the company’s stock, valued at approximately C$1,680,578.70. This trade represents a 3.14% increase in their position. 0.63% of the stock is owned by corporate insiders.
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.
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