Calian Group (CGY) Set to Announce Quarterly Earnings on Wednesday

Calian Group (TSE:CGYGet Free Report) is set to issue its quarterly earnings data after the market closes on Wednesday, February 14th. Analysts expect the company to announce earnings of C$1.07 per share for the quarter.

Calian Group (TSE:CGYGet Free Report) last posted its quarterly earnings data on Monday, November 27th. The company reported C$1.07 earnings per share (EPS) for the quarter, topping the consensus estimate of C$0.98 by C$0.09. Calian Group had a net margin of 2.87% and a return on equity of 5.96%. The company had revenue of C$175.95 million for the quarter, compared to the consensus estimate of C$172.30 million.

Calian Group Stock Performance

TSE:CGY opened at C$58.47 on Tuesday. The firm’s 50-day moving average is C$56.56 and its 200-day moving average is C$54.10. Calian Group has a 52-week low of C$46.27 and a 52-week high of C$66.13. The company has a debt-to-equity ratio of 22.77, a quick ratio of 1.20 and a current ratio of 1.36. The company has a market cap of C$690.53 million, a price-to-earnings ratio of 36.32, a PEG ratio of 2.50 and a beta of 0.94.

Calian Group Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, December 27th. Stockholders of record on Monday, December 11th were issued a dividend of $0.28 per share. The ex-dividend date of this dividend was Friday, December 8th. This represents a $1.12 annualized dividend and a dividend yield of 1.92%. Calian Group’s payout ratio is 69.57%.

Insider Buying and Selling at Calian Group

In other Calian Group news, Director Young Park sold 3,148 shares of the business’s stock in a transaction dated Wednesday, December 6th. The shares were sold at an average price of C$56.46, for a total value of C$177,736.08. Company insiders own 0.61% of the company’s stock.

Wall Street Analyst Weigh In

Several brokerages have recently weighed in on CGY. CIBC lifted their target price on shares of Calian Group from C$65.00 to C$67.00 in a research report on Wednesday, November 29th. Royal Bank of Canada decreased their target price on shares of Calian Group from C$70.00 to C$65.00 and set an “outperform” rating on the stock in a research report on Wednesday, November 29th.

Check Out Our Latest Report on Calian Group

Calian Group Company Profile

(Get Free Report)

Calian Group Ltd. provides business services and solutions in Canada and internationally. It operates through four segment: Advanced Technologies, Health, Learning, and IT and Cyber Solutions (ITCS). The company offers systems engineering, software development, integration design, embedded design, operational management and lifecycle support, modelling and simulation-enabled design, and research & development solutions and services; environmental and radiation protection, decommissioning and waste management, regulatory affairs and licensing, and emergency preparedness and training services; and sophisticated communication systems for the satellite industry, such as antennas, RF systems, decimator RF spectrum analyzers, in-orbit test systems, software defined solutions, operations and teleport services, transmitters, receivers, and modems.

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Earnings History for Calian Group (TSE:CGY)

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