Calian Group Ltd. (TSE:CGY) Receives Average Rating of "Buy" from Analysts

Shares of Calian Group Ltd. (TSE:CGY - Get Free Report) have received a consensus rating of "Buy" from the seven research firms that are presently covering the firm, MarketBeat Ratings reports. Six research analysts have rated the stock with a buy recommendation and one has assigned a strong buy recommendation to the company. The average 1-year price objective among analysts that have issued ratings on the stock in the last year is C$74.00.

Several equities analysts have commented on CGY shares. CIBC dropped their price target on shares of Calian Group from C$76.00 to C$63.00 in a research note on Friday, August 9th. Ventum Financial dropped their price target on shares of Calian Group from C$74.00 to C$70.00 in a research note on Friday, August 9th. Cormark dropped their price target on shares of Calian Group from C$74.00 to C$73.00 in a research note on Friday, August 9th. Ventum Cap Mkts upgraded shares of Calian Group to a "strong-buy" rating in a research note on Tuesday, July 16th. Finally, Royal Bank of Canada lowered their target price on shares of Calian Group from C$75.00 to C$65.00 in a research note on Friday, August 9th.

Insider Buying and Selling

In related news, insider Calian Technologies Ltd acquired 1,600 shares of the firm's stock in a transaction on Tuesday, August 20th. The stock was bought at an average price of C$46.55 per share, for a total transaction of C$74,480.00. Over the last quarter, insiders bought 3,115 shares of company stock worth $143,777. Corporate insiders own 0.63% of the company's stock.

Calian Group Trading Up 0.1 %

TSE CGY traded up C$0.03 on Thursday, reaching C$49.82. The stock had a trading volume of 20,702 shares, compared to its average volume of 11,438. The stock has a fifty day moving average price of C$47.37 and a two-hundred day moving average price of C$51.66. The firm has a market capitalization of C$590.37 million, a price-to-earnings ratio of 35.06, a P/E/G ratio of 2.50 and a beta of 0.88. The company has a quick ratio of 1.20, a current ratio of 1.38 and a debt-to-equity ratio of 39.88. Calian Group has a 12-month low of C$42.88 and a 12-month high of C$61.24.

Calian Group (TSE:CGY - Get Free Report) last posted its quarterly earnings results on Wednesday, August 7th. The company reported C$0.89 EPS for the quarter, missing the consensus estimate of C$0.93 by C($0.04). The business had revenue of C$185.00 million during the quarter, compared to analyst estimates of C$196.67 million. Calian Group had a return on equity of 5.17% and a net margin of 2.28%. As a group, sell-side analysts forecast that Calian Group will post 4.9475219 EPS for the current fiscal year.

Calian Group Company Profile

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.