FY2025 Earnings Estimate for TSE:CMG Issued By Raymond James

Computer Modelling Group Ltd. (TSE:CMG - Free Report) - Raymond James boosted their FY2025 earnings per share estimates for Computer Modelling Group in a report released on Wednesday, February 12th. Raymond James analyst S. Li now forecasts that the company will post earnings per share of $0.28 for the year, up from their previous estimate of $0.27. Raymond James has a "Outperform" rating and a $13.00 price objective on the stock. The consensus estimate for Computer Modelling Group's current full-year earnings is $0.31 per share.

Several other equities analysts also recently commented on the company. BMO Capital Markets dropped their target price on Computer Modelling Group from C$14.00 to C$13.00 in a research report on Friday, December 13th. Canaccord Genuity Group downgraded Computer Modelling Group from a "buy" rating to a "hold" rating and lowered their price objective for the stock from C$15.00 to C$12.00 in a research report on Wednesday, November 13th. CIBC lowered their price objective on Computer Modelling Group from C$14.50 to C$11.00 and set a "neutral" rating for the company in a research report on Wednesday, February 12th. Cibc World Mkts downgraded Computer Modelling Group from a "strong-buy" rating to a "hold" rating in a research report on Wednesday, February 12th. Finally, Ventum Financial lowered their price objective on Computer Modelling Group from C$15.00 to C$14.00 and set a "buy" rating for the company in a research report on Wednesday, February 12th. One analyst has rated the stock with a sell rating, three have assigned a hold rating and five have given a buy rating to the company's stock. Based on data from MarketBeat, the stock presently has a consensus rating of "Hold" and an average price target of C$12.67.

Computer Modelling Group Trading Down 1.5 %

Computer Modelling Group stock traded down C$0.13 during trading hours on Friday, hitting C$8.42. The stock had a trading volume of 318,572 shares, compared to its average volume of 212,974. The company has a quick ratio of 2.25, a current ratio of 1.27 and a debt-to-equity ratio of 47.62. The stock has a market cap of C$679.36 million, a price-to-earnings ratio of 27.77, a P/E/G ratio of 1.97 and a beta of 1.21. Computer Modelling Group has a one year low of C$8.25 and a one year high of C$14.73. The business's 50 day simple moving average is C$10.38 and its 200-day simple moving average is C$11.41.

Insider Buying and Selling

In other Computer Modelling Group news, Senior Officer Long X. Nghiem sold 3,600 shares of the firm's stock in a transaction that occurred on Thursday, November 21st. The stock was sold at an average price of C$10.20, for a total value of C$36,720.00. Also, Director Kenneth Michael Dedeluk sold 10,000 shares of the firm's stock in a transaction that occurred on Monday, January 20th. The shares were sold at an average price of C$10.50, for a total value of C$105,000.00. Insiders sold 310,210 shares of company stock valued at $3,380,366 over the last 90 days. Company insiders own 1.03% of the company's stock.

Computer Modelling Group Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, December 13th. Investors of record on Friday, December 13th were paid a dividend of $0.05 per share. The ex-dividend date of this dividend was Thursday, December 5th. This represents a $0.20 annualized dividend and a yield of 2.38%. Computer Modelling Group's dividend payout ratio is currently 65.95%.

Computer Modelling Group Company Profile

Computer Modelling Group Ltd., a software and consulting technology company, engages in the development and licensing of reservoir simulation and seismic interpretation software and related services. The company offers CMOST-AI, an optimization and analysis tool that offers solution for reservoir by combining advanced statistical analysis, machine learning, and impartial data interpretation; IMEX, a black oil simulator that is used to model primary, secondary, and tertiary oil recovery processes in conventional and unconventional reservoirs; and GEM, an equation-of-state reservoir simulator for compositional, chemical, and unconventional reservoir modelling.