Calian Group (CGY) Scheduled to Post Quarterly Earnings on Tuesday

Calian Group (TSE:CGY) is set to release its earnings data after the market closes on Tuesday, May 14th. Analysts expect Calian Group to post earnings of C$1.29 per share for the quarter.

Calian Group (TSE:CGY) last released its quarterly earnings results on Wednesday, February 14th. The company reported C$0.46 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of C$1.07 by C($0.61). The firm had revenue of C$179.18 million for the quarter, compared to the consensus estimate of C$167.90 million. Calian Group had a net margin of 2.87% and a return on equity of 6.20%.

Calian Group Stock Performance

TSE:CGY traded up C$0.52 during trading hours on Tuesday, hitting C$54.76. 1,290 shares of the company traded hands, compared to its average volume of 6,683. The firm has a 50-day moving average of C$56.87 and a 200 day moving average of C$55.66. The company has a current ratio of 1.01, a quick ratio of 1.20 and a debt-to-equity ratio of 40.20. The stock has a market capitalization of C$648.91 million, a price-to-earnings ratio of 32.29, a P/E/G ratio of 2.50 and a beta of 0.92. Calian Group has a twelve month low of C$46.27 and a twelve month high of C$64.88.

Calian Group Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Wednesday, March 13th. Stockholders of record on Wednesday, February 28th were paid a $0.28 dividend. The ex-dividend date of this dividend was Tuesday, February 27th. This represents a $1.12 annualized dividend and a dividend yield of 2.05%. Calian Group’s dividend payout ratio is presently 66.67%.

Wall Street Analysts Forecast Growth

CGY has been the subject of a number of recent research reports. Echelon Wealth Partners reissued a “buy” rating on shares of Calian Group in a research note on Thursday, March 21st. Royal Bank of Canada boosted their price target on Calian Group from C$65.00 to C$72.00 and gave the company an “outperform” rating in a report on Friday, February 16th. Cormark increased their price objective on shares of Calian Group from C$66.00 to C$73.00 in a research note on Tuesday, February 20th. CIBC upped their price target on shares of Calian Group from C$67.00 to C$75.00 and gave the stock an “outperform” rating in a research report on Friday, February 16th. Finally, Desjardins upped their price target on shares of Calian Group from C$86.00 to C$87.00 and gave the company a “buy” rating in a research note on Wednesday, March 6th. Five analysts have rated the stock with a buy rating, According to data from MarketBeat.com, the company presently has a consensus rating of “Buy” and an average target price of C$76.17.

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.