Calian Group Ltd. (TSE:CGY) Receives C$73.43 Consensus PT from Analysts

Shares of Calian Group Ltd. (TSE:CGY) have been assigned an average rating of “Buy” from the six analysts that are currently covering the company, MarketBeat.com reports. Six investment analysts have rated the stock with a buy rating. The average twelve-month price target among brokerages that have issued a report on the stock in the last year is C$74.83.

A number of research analysts have recently issued reports on the company. Ventum Financial boosted their target price on Calian Group from C$72.00 to C$82.00 and gave the company a “buy” rating in a report on Friday, February 13th. Acumen Capital boosted their price objective on shares of Calian Group from C$70.00 to C$85.00 and gave the company a “buy” rating in a research note on Friday, February 13th. Desjardins upped their price objective on shares of Calian Group from C$59.00 to C$66.00 and gave the stock a “buy” rating in a research report on Thursday, November 27th. Canaccord Genuity Group lifted their target price on shares of Calian Group from C$63.00 to C$80.00 in a report on Friday, February 13th. Finally, Royal Bank Of Canada increased their price target on shares of Calian Group from C$58.00 to C$60.00 and gave the stock an “outperform” rating in a report on Friday, February 13th.

Calian Group Trading Up 0.9%

TSE CGY opened at C$76.98 on Friday. The firm’s fifty day moving average is C$61.55 and its two-hundred day moving average is C$54.77. Calian Group has a one year low of C$37.70 and a one year high of C$79.50. The company has a debt-to-equity ratio of 39.54, a quick ratio of 1.20 and a current ratio of 1.29. The firm has a market cap of C$878.42 million, a PE ratio of 33.76, a P/E/G ratio of 2.50 and a beta of 0.70.

Calian Group (TSE:CGY) last released its quarterly earnings results on Thursday, February 12th. The company reported C$1.03 earnings per share (EPS) for the quarter. The firm had revenue of C$208.00 million for the quarter. Calian Group had a return on equity of 3.37% and a net margin of 1.50%. Analysts expect that Calian Group will post 4.9475219 earnings per share for the current year.

Calian Group Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, March 11th. Stockholders of record on Wednesday, March 11th will be paid a dividend of $0.28 per share. This represents a $1.12 dividend on an annualized basis and a dividend yield of 1.5%. The ex-dividend date of this dividend is Wednesday, February 25th. Calian Group’s dividend payout ratio is 49.12%.

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.