FY2025 Earnings Forecast for Calian Group Issued By Cormark

Key Points

• Cormark's FY2025 earnings forecast for Calian Group has been revised down to $3.98 per share from $4.11, while the consensus estimate remains higher at $4.95 per share.
• Calian Group's stock recently opened at C$50.50 and has seen a decline of 1.5%; its current market cap stands at C$599.49 million.
• The company also announced a quarterly dividend of $0.28, translating to an annualized dividend yield of 2.2%, although its payout ratio is high at 119.93%.

Calian Group Ltd. (TSE:CGY - Free Report) - Equities researchers at Cormark cut their FY2025 EPS estimates for shares of Calian Group in a research note issued to investors on Thursday, July 31st. Cormark analyst J. Pytlak now forecasts that the company will earn $3.98 per share for the year, down from their previous forecast of $4.11. The consensus estimate for Calian Group's current full-year earnings is $4.95 per share. Cormark also issued estimates for Calian Group's FY2026 earnings at $5.30 EPS.

CGY has been the subject of a number of other reports. Ventum Financial set a C$60.00 price objective on shares of Calian Group and gave the company a "buy" rating in a report on Wednesday, June 11th. Desjardins increased their price objective on shares of Calian Group from C$61.00 to C$62.00 and gave the company a "buy" rating in a report on Wednesday, July 9th. Royal Bank Of Canada cut their target price on shares of Calian Group from C$60.00 to C$58.00 and set an "outperform" rating for the company in a report on Thursday, May 22nd. Canaccord Genuity Group cut their target price on shares of Calian Group from C$75.00 to C$60.00 and set a "buy" rating for the company in a report on Thursday, May 22nd. Finally, CIBC raised their target price on shares of Calian Group from C$50.00 to C$59.00 in a report on Monday, July 21st.

Calian Group Stock Performance

Calian Group stock traded up C$1.00 during midday trading on Friday, hitting C$50.45. The stock had a trading volume of 10,848 shares, compared to its average volume of 35,685. The company has a current ratio of 1.29, a quick ratio of 1.20 and a debt-to-equity ratio of 39.54. Calian Group has a 52-week low of C$37.70 and a 52-week high of C$55.84. The firm's fifty day moving average is C$47.34 and its two-hundred day moving average is C$45.87. The company has a market capitalization of C$598.89 million, a PE ratio of 54.02, a P/E/G ratio of 2.50 and a beta of 0.88.

Calian Group Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Tuesday, June 10th. Shareholders of record on Tuesday, June 10th were paid a $0.28 dividend. This represents a $1.12 annualized dividend and a yield of 2.2%. The ex-dividend date was Tuesday, May 27th. Calian Group's payout ratio is 119.93%.

Insider Transactions at Calian Group

In other Calian Group news, Senior Officer Kevin Lee Ford purchased 1,000 shares of the company's stock in a transaction dated Monday, May 26th. The shares were acquired at an average price of C$38.05 per share, for a total transaction of C$38,050.00. Insiders bought a total of 2,934 shares of company stock valued at $116,566 in the last 90 days. 0.63% of the stock is owned by insiders.

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.