Should I buy or sell Alithya Group stock right now?

1 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Alithya Group in the last twelve months. There are currently 1 buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" ALYA shares. View ALYA analyst ratings or view top-rated stocks .

What is Alithya Group's stock price target for 2024?

1 equities research analysts have issued 1-year target prices for Alithya Group's stock. Their ALYA share price targets range from $3.25 to $3.50. On average, they predict the company's share price to reach $3.38 in the next twelve months. This suggests a possible upside of 230.9% from the stock's current price. View analysts price targets for ALYA or view top-rated stocks among Wall Street analysts .

How have ALYA shares performed in 2023?

Alithya Group's stock was trading at $1.50 at the start of the year. Since then, ALYA stock has decreased by 32.0% and is now trading at $1.02. View the best growth stocks for 2023 here .

Are investors shorting Alithya Group?

Alithya Group saw a increase in short interest in November. As of November 15th, there was short interest totaling 97,300 shares, an increase of 147.6% from the October 31st total of 39,300 shares. Based on an average trading volume of 17,400 shares, the short-interest ratio is currently 5.6 days. Approximately 0.2% of the company's stock are short sold. View Alithya Group's Short Interest .

When is Alithya Group's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Tuesday, February 13th 2024. View our ALYA earnings forecast .

How were Alithya Group's earnings last quarter?

Alithya Group Inc. (NASDAQ:ALYA) posted its earnings results on Thursday, November, 12th. The company reported ($0.07) EPS for the quarter, missing analysts' consensus estimates of ($0.05) by $0.02. The firm had revenue of $51.30 million for the quarter, compared to the consensus estimate of $49 million. Alithya Group had a negative net margin of 8.11% and a positive trailing twelve-month return on equity of 0.02%. Read the conference call transcript .

Who are Alithya Group's major shareholders?

Alithya Group's stock is owned by many different retail and institutional investors. Top institutional investors include Claret Asset Management Corp (6.17%), National Bank of Canada FI (2.24%), Ancora Advisors LLC (0.93%) and Teton Advisors Inc. (0.75%).

How do I buy shares of Alithya Group?

Shares of ALYA stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull , Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. Compare Top Brokerages Here .

Alithya Group (ALYA) Stock Price, News & Analysis

$1.02

-0.01 (-0.97%)

(As of 03:44 PM ET)

Compare

Today's Range: $0.98
▼
$1.03
50-Day Range: $1.03
▼
$1.70
52-Week Range: $0.98
▼
$2.25

Volume: 27,348 shs
Average Volume: 40,125 shs
Market Capitalization: $90.14 million

P/E Ratio: N/A
Dividend Yield: N/A
Price Target: $3.38

Alithya Group MarketRank™ Stock Analysis

Analyst Rating: Buy
3.00 Rating Score
Upside/Downside: 230.9% Upside
$3.38 Price Target
Short Interest: Bearish
0.20% of Float Sold Short
Dividend Strength: N/A
Sustainability: N/A
News Sentiment: N/A
Insider Trading: N/A
Proj. Earnings Growth: Growing
From ($0.14) to $0.01 Per Share

Overall MarketRank^™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

1.79 out of 5 stars

Business Services Sector

223rd out of 292 stocks

Computer Programming, Data Processing, & Other Computer Related Industry

39th out of 55 stocks

3.5

Analyst's Opinion

Consensus Rating
Alithya Group has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 1 buy rating, no hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $3.38, Alithya Group has a forecasted upside of 230.9% from its current price of $1.02.
Amount of Analyst Coverage
Alithya Group has received no research coverage in the past 90 days.

2.0

Short Interest

Percentage of Shares Shorted
0.20% of the float of Alithya Group has been sold short.
Short Interest Ratio / Days to Cover
Alithya Group has a short interest ratio ("days to cover") of 5.6.
Change versus previous month
Short interest in Alithya Group has recently increased by 147.58%, indicating that investor sentiment is decreasing significantly.

0.0

Dividend Strength

Dividend Yield
Alithya Group does not currently pay a dividend.
Dividend Growth
Alithya Group does not have a long track record of dividend growth.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for ALYA.

1.1

News and Social Media Coverage

Search Interest
2 people have searched for ALYA on MarketBeat in the last 30 days.
MarketBeat Follows
2 people have added Alithya Group to their MarketBeat watchlist in the last 30 days.

0.0

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Alithya Group insiders have not sold or bought any company stock.
Percentage Held by Insiders
Only 7.60% of the stock of Alithya Group is held by insiders.
Percentage Held by Institutions
Only 29.87% of the stock of Alithya Group is held by institutions.

1.3

Earnings and Valuation

Earnings Growth
Earnings for Alithya Group are expected to grow in the coming year, from ($0.14) to $0.01 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Alithya Group is -3.09, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Earnings Ratio vs. Sector
The P/E ratio of Alithya Group is -3.09, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Book Value per Share Ratio
Alithya Group has a P/B Ratio of 0.63. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

About Alithya Group Stock (NASDAQ:ALYA)

Alithya Group Inc. provides strategy and digital technology services in Canada, the United States, and Europe. The company's business strategy services include strategic consulting, digital transformation, organizational performance, and enterprise architecture services. It also provides application services, such as digital applications DevOps, legacy systems modernization, control and software engineering, cloud infrastructure, quality assurance, and automated testing; enterprise solutions comprising enterprise resource planning, corporate performance management, customer relationship management, and human capital management; and data and analytics solutions, including business intelligence, data management, artificial intelligence (AI), and machine learning, as well as internet of things. In addition, the company provides AI-FI, an integrated artificial intelligence and fidelity solution; Alithya GoTest, solution allows clients to test the functionality of applications on various platforms; CASSI analytics for online weekly maintenance, outage management, petrochemical turnarounds, and maintenance and reliability; and SIDER, a secure solution that facilitates distribution of medical results to healthcare sectors and to centralized electronic medical records. It serves financial services, energy, manufacturing, telecommunications, transportation and logistics, professional services, healthcare, and government sectors. The company was founded in 1992 and is headquartered in Montreal, Canada.

ALYA Stock Price History

30 days | 90 days | 365 days | Advanced Chart

ALYA Stock News Headlines

December 1, 2023 | americanbankingnews.com

Head-To-Head Contrast: Alithya Group (NASDAQ:ALYA) vs. Viant Technology (NASDAQ:DSP)

November 14, 2023 | finance.yahoo.com

Alithya Group (ALYA) Reports Break-Even Earnings for Q2

December 11, 2023 | Edge On The Street (Ad)

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November 14, 2023 | msn.com

Alithya Group Non-GAAP EPS of C$0.00, revenue of C$118.5M

November 9, 2023 | msn.com

Why Alithya Group (ALYA) Might Surprise This Earnings Season

November 8, 2023 | morningstar.com

Alithya Group Inc ALYA

October 31, 2023 | finance.yahoo.com

Alithya to release second quarter fiscal 2024 financial results on November 14

October 19, 2023 | finance.yahoo.com

Owning 38% shares,institutional owners seem interested in Alithya Group Inc. (TSE:ALYA),

December 11, 2023 | Edge On The Street (Ad)

U.S. Military Defense Fails Without Vanadium?

September 14, 2023 | finance.yahoo.com

Alithya to co-present with Hanger at Oracle CloudWorld 2023

September 14, 2023 | finance.yahoo.com

Alithya opens new office in Austin, Texas

September 13, 2023 | marketwatch.com

Alithya Group Normal Course Issuer Bid Accepted by Toronto Stock Exchange

September 13, 2023 | finance.yahoo.com

Alithya discloses global carbon footprint in ESG Report

August 29, 2023 | theglobeandmail.com

Closing Bell: Alithya Group flat on Monday (ALYA)

August 10, 2023 | finance.yahoo.com

Alithya Group (ALYA) Beats Q1 Earnings Estimates

July 27, 2023 | finance.yahoo.com

Alithya to release first quarter fiscal 2024 financial results on August 10

July 24, 2023 | finance.yahoo.com

There's No Escaping Alithya Group Inc.'s (TSE:ALYA) Muted Revenues

July 13, 2023 | finance.yahoo.com

Alithya recognized in eight categories of the combined 2023 Microsoft Partner of the Year and Impact Awards

July 7, 2023 | finance.yahoo.com

Amar Bukkasagaram Spends CA$1.8m Buying Alithya Group Shares

June 22, 2023 | finance.yahoo.com

Alithya to co-present with SM Energy, Enbridge, and Pacific Life at Oracle's ODTUG Kscope23

June 10, 2023 | finance.yahoo.com

Alithya Group Inc. (NASDAQ:ALYA) Q4 2023 Earnings Call Transcript

June 8, 2023 | msn.com

BARRINGTON RESEARCH ASSOCIATES Maintains Alithya Group inc - (TSE:ALYA) Outperform Recommendation

June 8, 2023 | msn.com

Alithya Group Jumps on Solid Earnings

June 8, 2023 | msn.com

Alithya Group (ALYA) Surpasses Q4 Earnings Estimates

June 8, 2023 | finance.yahoo.com

Alithya Reports Strong Revenue Growth and Financial Performance for Fourth Quarter and Fiscal 2023

June 1, 2023 | finance.yahoo.com

Shareholders in Alithya Group (TSE:ALYA) are in the red if they invested a year ago

May 31, 2023 | finance.yahoo.com

Alithya launches new brand platform and website

See More Headlines

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Company Calendar

Last Earnings: 11/12/2020
Today: 12/11/2023
Next Earnings (Estimated): 2/13/2024
Fiscal Year End: 3/31/2024

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: NASDAQ
Industry: Computer programming, data processing, & other computer related
Sub-Industry: N/A
Sector: Business Services
Current Symbol: NASDAQ:ALYA
CUSIP: N/A
CIK: 1734520
Web: www.alithya.com
Phone: 514-285-5552
Fax: 781-246-5903
Employees: 3,600
Year Founded: N/A

Price Target and Rating

Average Stock Price Target: $3.38
High Stock Price Target: $3.50
Low Stock Price Target: $3.25
Potential Upside/Downside: +227.7%
Consensus Rating: Buy
Rating Score (0-4): 3.00
Research Coverage: 1 Analysts

Profitability

EPS (Most Recent Fiscal Year): ($0.33)
Trailing P/E Ratio: N/A
Forward P/E Ratio: N/A
P/E Growth: N/A
Net Income: $-22,770,000.00
Net Margins: -8.11%
Pretax Margin: -8.07%
Return on Equity: 0.02%
Return on Assets: 0.01%

Debt

Debt-to-Equity Ratio: 0.25
Current Ratio: 0.69
Quick Ratio: 0.69

Sales & Book Value

Annual Sales: $395.41 million
Price / Sales: 0.23
Cash Flow: $0.42 per share
Price / Cash Flow: 2.45
Book Value: $1.61 per share
Price / Book: 0.64

Miscellaneous

Outstanding Shares: 88,370,000
Free Float: 81,650,000
Market Cap: $91.02 million
Optionable: Not Optionable
Beta: 0.75

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Key Executives

Mr. Paul Raymond (Age 59)
President, CEO & Director
Comp: $798.13k
Mr. Claude Thibault CA (Age 58)
CBV, MBA, Chief Financial Officer
Comp: $398.76k
Mr. Robert Lamarre (Age 58)
Chief Information Officer
Comp: $381.94k
Mr. Russell Lewell Smith (Age 56)
President of Alithya USA
Comp: $593.86k
Mr. Bernard Dockrill
Chief Operating Officer
Ms. Nathalie Forcier (Age 47)
Chief Legal Officer & Corporate Secretary
Comp: $383.69k
Ms. Giulia Cirillo (Age 60)
Chief Human Capital Officer
Ms. Dany Paradis ASA
C.M.A., C.P.A., ICD.D, Senior Vice President of Quebec
Mr. Nigel Fonseca
Senior Vice President of Ontario & Western Canada
Mr. John Scandar (Age 55)
Senior Vice President of Microsoft Practice in Canada & the US

Key Competitors

View All Competitors

Institutional Ownership

View All Institutional Transactions

ALYA Stock Analysis - Frequently Asked Questions

Should I buy or sell Alithya Group stock right now?: 1 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Alithya Group in the last twelve months. There are currently 1 buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" ALYA shares.
View ALYA analyst ratings or view top-rated stocks.
What is Alithya Group's stock price target for 2024?: 1 equities research analysts have issued 1-year target prices for Alithya Group's stock. Their ALYA share price targets range from $3.25 to $3.50. On average, they predict the company's share price to reach $3.38 in the next twelve months. This suggests a possible upside of 230.9% from the stock's current price.
View analysts price targets for ALYA or view top-rated stocks among Wall Street analysts.
How have ALYA shares performed in 2023?: Alithya Group's stock was trading at $1.50 at the start of the year. Since then, ALYA stock has decreased by 32.0% and is now trading at $1.02.
View the best growth stocks for 2023 here.
Are investors shorting Alithya Group?: Alithya Group saw a increase in short interest in November. As of November 15th, there was short interest totaling 97,300 shares, an increase of 147.6% from the October 31st total of 39,300 shares. Based on an average trading volume of 17,400 shares, the short-interest ratio is currently 5.6 days. Approximately 0.2% of the company's stock are short sold.
View Alithya Group's Short Interest.

When is Alithya Group's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Tuesday, February 13th 2024.
View our ALYA earnings forecast.
How were Alithya Group's earnings last quarter?: Alithya Group Inc. (NASDAQ:ALYA) posted its earnings results on Thursday, November, 12th. The company reported ($0.07) EPS for the quarter, missing analysts' consensus estimates of ($0.05) by $0.02. The firm had revenue of $51.30 million for the quarter, compared to the consensus estimate of $49 million. Alithya Group had a negative net margin of 8.11% and a positive trailing twelve-month return on equity of 0.02%.
Read the conference call transcript.
Who are Alithya Group's major shareholders?: Alithya Group's stock is owned by many different retail and institutional investors. Top institutional investors include Claret Asset Management Corp (6.17%), National Bank of Canada FI (2.24%), Ancora Advisors LLC (0.93%) and Teton Advisors Inc. (0.75%).
How do I buy shares of Alithya Group?: Shares of ALYA stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

This page (NASDAQ:ALYA) was last updated on 12/11/2023 by MarketBeat.com Staff

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Alithya Group (ALYA) Stock Price, News & Analysis

Alithya Group MarketRank™ Stock Analysis

Overall MarketRank™

Analyst's Opinion

Short Interest

Percentage of Shares Shorted

Short Interest Ratio / Days to Cover

Change versus previous month

Dividend Strength

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score

News and Social Media Coverage

Search Interest

MarketBeat Follows

Company Ownership

Earnings and Valuation

About Alithya Group Stock (NASDAQ:ALYA)

ALYA Stock Price History

ALYA Stock News Headlines

Company Calendar

Industry, Sector and Symbol

Price Target and Rating

Profitability

Debt

Sales & Book Value

Miscellaneous

Key Executives

Key Competitors

Institutional Ownership

ALYA Stock Analysis - Frequently Asked Questions

Overall MarketRank^™