Calian Group Ltd. (TSE:CGY) Senior Officer Purchases C$19,646.10 in Stock

Calian Group Ltd. (TSE:CGY) Senior Officer Kevin Lee Ford bought 415 shares of the firm’s stock in a transaction that occurred on Tuesday, September 17th. The stock was bought at an average cost of C$47.34 per share, for a total transaction of C$19,646.10.

Calian Group Trading Down 0.5 %

CGY stock opened at C$47.50 on Friday. The company has a debt-to-equity ratio of 39.88, a current ratio of 1.38 and a quick ratio of 1.20. Calian Group Ltd. has a 1-year low of C$42.88 and a 1-year high of C$61.24. The business has a 50 day simple moving average of C$49.20 and a two-hundred day simple moving average of C$53.74. The company has a market capitalization of C$562.88 million, a price-to-earnings ratio of 33.45, a PEG ratio of 2.50 and a beta of 0.89.

Calian Group (TSE:CGY) last issued its earnings results on Wednesday, August 7th. The company reported C$0.89 earnings per share for the quarter, missing analysts’ consensus estimates of C$0.93 by C($0.04). The company had revenue of C$185.00 million for 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%. Research analysts anticipate that Calian Group Ltd. will post 4.9325726 EPS for the current fiscal year.

Calian Group Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, September 4th. Stockholders of record on Wednesday, August 21st were given a dividend of $0.28 per share. The ex-dividend date of this dividend was Wednesday, August 21st. This represents a $1.12 dividend on an annualized basis and a dividend yield of 2.36%. Calian Group’s payout ratio is 78.87%.

Wall Street Analysts Forecast Growth

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