Calian Group Ltd. (TSE:CGY) Director Jo-Anne Cecile Poirier Acquires 450 Shares

Calian Group Ltd. (TSE:CGY) Director Jo-Anne Cecile Poirier purchased 450 shares of the stock in a transaction on Thursday, September 12th. The shares were bought at an average price of C$44.46 per share, for a total transaction of C$20,007.00.

Calian Group Stock Performance

CGY stock traded up C$1.03 during midday trading on Monday, hitting C$45.23. The stock had a trading volume of 32,291 shares, compared to its average volume of 9,861. The firm has a market capitalization of C$535.98 million, a price-to-earnings ratio of 31.13, a P/E/G ratio of 2.50 and a beta of 0.89. Calian Group Ltd. has a 52 week low of C$42.88 and a 52 week high of C$61.24. The stock has a 50-day simple moving average of C$49.76 and a 200 day simple moving average of C$54.00. 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 (TSE:CGY) last issued its 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 firm had revenue of C$185.00 million during the quarter, compared to the consensus estimate 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, equities research analysts anticipate that Calian Group Ltd. will post 4.9457901 earnings per share for the current year.

Calian Group Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, September 4th. Shareholders of record on Wednesday, August 21st were paid a dividend of $0.28 per share. The ex-dividend date of this dividend was Wednesday, August 21st. This represents a $1.12 annualized dividend and a yield of 2.48%. Calian Group’s dividend payout ratio is currently 78.87%.

Wall Street Analysts Forecast Growth

Several equities analysts have commented on the company. Ventum Financial lowered their price target on Calian Group from C$74.00 to C$70.00 in a report on Friday, August 9th. Cormark reduced their price objective on Calian Group from C$74.00 to C$73.00 in a research report on Friday, August 9th. Royal Bank of Canada reduced their price objective on Calian Group from C$75.00 to C$65.00 in a research report on Friday, August 9th. Ventum Cap Mkts raised Calian Group to a “strong-buy” rating in a research report on Tuesday, July 16th. Finally, CIBC reduced their price objective on Calian Group from C$76.00 to C$63.00 in a research report on Friday, August 9th. Six investment analysts have rated the stock with a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat, the stock currently has a consensus rating of “Buy” and a consensus target price of C$74.00.

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.