Calian Group Ltd. (TSE:CGY) Receives Average Rating of “Buy” from Brokerages

Shares of Calian Group Ltd. (TSE:CGY) have been given a consensus recommendation of “Buy” by the six analysts that are presently covering the company, MarketBeat.com reports. Six analysts have rated the stock with a buy rating. The average 1-year price objective among analysts that have issued ratings on the stock in the last year is C$74.83.

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

Calian Group Price Performance

Shares of TSE CGY opened at C$81.97 on Tuesday. Calian Group has a 1 year low of C$37.70 and a 1 year high of C$85.16. The stock has a market capitalization of C$935.61 million, a P/E ratio of 35.95, a P/E/G ratio of 2.50 and a beta of 0.78. The company’s 50-day moving average is C$67.18 and its 200 day moving average is C$57.50. The company has a debt-to-equity ratio of 64.10, a current ratio of 1.65 and a quick ratio of 1.20.

Calian Group (TSE:CGY) last issued its quarterly earnings data on Thursday, February 12th. The company reported C$1.03 EPS for the quarter. The business had revenue of C$208.00 million during the quarter. Calian Group had a net margin of 3.34% and a return on equity of 8.41%. On average, sell-side analysts expect that Calian Group will post 4.9475219 earnings per share for the current year.

Calian Group Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, March 11th. Investors of record on Wednesday, March 11th will be given a dividend of $0.28 per share. This represents a $1.12 dividend on an annualized basis and a yield of 1.4%. The ex-dividend date of this dividend is Wednesday, February 25th. Calian Group’s dividend payout ratio (DPR) is 49.12%.

About Calian Group

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.