Calian Group Ltd. (TSE:CGY) Given Consensus Rating of "Buy" by Analysts

Shares of Calian Group Ltd. (TSE:CGY - Get Free Report) have received an average rating of "Buy" from the seven ratings firms that are currently covering the firm, Marketbeat reports. Six equities research analysts have rated the stock with a buy rating and one has assigned a strong buy rating to the company. The average 1 year price target among brokers that have issued a report on the stock in the last year is C$72.29.

CGY has been the subject of a number of research reports. Ventum Financial decreased their target price on shares of Calian Group from C$70.00 to C$68.00 in a research report on Wednesday, November 27th. Acumen Capital reduced their price target on shares of Calian Group from C$75.00 to C$70.00 in a research report on Wednesday, November 27th.

Insider Activity

In related news, Director Raymond Gregory Basler sold 849 shares of the firm's stock in a transaction dated Monday, December 2nd. The stock was sold at an average price of C$49.59, for a total transaction of C$42,101.91. Also, Senior Officer Patrick Belanger Houston sold 1,469 shares of the company's stock in a transaction dated Thursday, December 12th. The shares were sold at an average price of C$47.69, for a total transaction of C$70,056.61. In the last quarter, insiders have bought 915 shares of company stock valued at $43,075 and have sold 11,266 shares valued at $546,673. Corporate insiders own 0.63% of the company's stock.

Calian Group Stock Performance

Shares of TSE:CGY traded down C$0.32 on Friday, hitting C$47.89. 17,105 shares of the company were exchanged, compared to its average volume of 15,319. The firm has a market capitalization of C$567.50 million, a P/E ratio of 33.73, a price-to-earnings-growth ratio of 2.50 and a beta of 0.88. The company has a current ratio of 1.38, a quick ratio of 1.20 and a debt-to-equity ratio of 39.88. Calian Group has a 1-year low of C$42.88 and a 1-year high of C$61.24. The stock's 50 day moving average price is C$48.61 and its 200 day moving average price is C$49.82.

Calian Group Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Monday, December 23rd. Investors of record on Monday, December 23rd were issued a $0.28 dividend. The ex-dividend date of this dividend was Monday, December 9th. This represents a $1.12 annualized dividend and a dividend yield of 2.34%. Calian Group's dividend payout ratio is presently 78.87%.

About Calian Group

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.