Cormark Has Pessimistic View of Calian Group FY2025 Earnings

Calian Group Ltd. (TSE:CGY) – Stock analysts at Cormark dropped their FY2025 earnings per share estimates for Calian Group in a research note issued on Tuesday, February 18th. Cormark analyst J. Pytlak now anticipates that the company will post earnings per share of $5.19 for the year, down from their previous estimate of $5.40. The consensus estimate for Calian Group’s current full-year earnings is $4.95 per share.

CGY has been the topic of several other reports. Acumen Capital lowered their price target on Calian Group from C$75.00 to C$70.00 in a research report on Wednesday, November 27th. CIBC lowered their price target on Calian Group from C$63.00 to C$62.00 in a research report on Friday, February 14th. Finally, Ventum Financial lowered their price target on Calian Group from C$70.00 to C$68.00 in a research report on Wednesday, November 27th. Six investment analysts have rated the stock with a buy rating and one has given a strong buy rating to the company’s stock. According to MarketBeat, the company has a consensus rating of “Buy” and an average target price of C$72.14.

Calian Group Trading Up 1.0 %

Shares of TSE:CGY opened at C$44.24 on Thursday. The company has a market cap of C$525.17 million, a P/E ratio of 47.37, a P/E/G ratio of 2.50 and a beta of 0.88. The stock’s 50-day moving average is C$48.37 and its 200-day moving average is C$48.00. Calian Group has a 52-week low of C$42.88 and a 52-week high of C$60.84. The company has a debt-to-equity ratio of 39.54, a quick ratio of 1.20 and a current ratio of 1.29.

Calian Group Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Wednesday, March 12th. Investors of record on Wednesday, March 12th will be given a dividend of $0.28 per share. This represents a $1.12 dividend on an annualized basis and a yield of 2.53%. The ex-dividend date is Wednesday, February 26th. Calian Group’s dividend payout ratio (DPR) is presently 119.93%.

Insider Buying and Selling

In related news, Director Lori O’neill purchased 600 shares of the stock in a transaction on Tuesday, February 18th. The shares were purchased at an average cost of C$44.75 per share, for a total transaction of C$26,850.00. Following the completion of the transaction, the director now directly owns 600 shares of the company’s stock, valued at approximately C$26,850. The trade was a ∞ increase in their position. Also, Senior Officer Patrick Belanger Houston sold 1,469 shares of the stock in a transaction on Thursday, December 12th. The stock was sold at an average price of C$47.69, for a total value of C$70,056.61. Over the last three months, insiders have bought 2,897 shares of company stock valued at $137,488 and have sold 10,884 shares valued at $528,380. 0.63% of the stock is owned by company insiders.

About Calian Group

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.