FY2025 Earnings Forecast for Calian Group Issued By Cormark

Calian Group Ltd. (TSE:CGY - Free Report) - Equities research analysts at Cormark boosted their FY2025 EPS estimates for Calian Group in a report released on Wednesday, November 27th. Cormark analyst J. Pytlak now anticipates that the company will earn $5.40 per share for the year, up from their previous forecast of $5.15. The consensus estimate for Calian Group's current full-year earnings is $4.95 per share.

A number of other research firms have also recently commented on CGY. Ventum Financial dropped their price objective on Calian Group from C$70.00 to C$68.00 in a research report on Wednesday, November 27th. Acumen Capital reduced their price objective on Calian Group from C$75.00 to C$70.00 in a research note on Wednesday, November 27th. CIBC reduced their price target on Calian Group from C$76.00 to C$63.00 in a research report on Friday, August 9th. Finally, Royal Bank of Canada reduced their price target on Calian Group from C$75.00 to C$65.00 in a research report on Friday, August 9th. Six research analysts have rated the stock with a buy rating and one has issued a strong buy rating to the stock. According to MarketBeat, Calian Group presently has a consensus rating of "Buy" and an average price target of C$72.29.

Calian Group Price Performance

Calian Group stock traded up C$1.99 during midday trading on Monday, reaching C$50.49. The company's stock had a trading volume of 74,759 shares, compared to its average volume of 14,615. Calian Group has a fifty-two week low of C$42.88 and a fifty-two week high of C$61.24. The company has a debt-to-equity ratio of 39.88, a quick ratio of 1.20 and a current ratio of 1.38. The stock's 50 day simple moving average is C$48.57 and its 200 day simple moving average is C$50.86. The firm has a market capitalization of C$598.31 million, a PE ratio of 34.15, a P/E/G ratio of 2.50 and a beta of 0.88.

Calian Group Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Monday, December 23rd. Stockholders of record on Monday, December 23rd will be issued a dividend of $0.28 per share. This represents a $1.12 annualized dividend and a dividend yield of 2.22%. The ex-dividend date of this dividend is Monday, December 9th. Calian Group's payout ratio is presently 78.87%.

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.