Should I buy or sell Computer Modelling Group stock right now?

6 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Computer Modelling Group in the last year. There are currently 1 sell rating, 2 hold ratings and 3 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "hold" CMG shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in CMG, but not buy additional shares or sell existing shares. View CMG analyst ratings or view top-rated stocks .

What is Computer Modelling Group's stock price target for 2024?

6 brokers have issued 12-month price targets for Computer Modelling Group's shares. Their CMG share price targets range from C$7.50 to C$11.50. On average, they expect the company's share price to reach C$9.75 in the next twelve months. This suggests that the stock has a possible downside of 4.3%. View analysts price targets for CMG or view top-rated stocks among Wall Street analysts .

How have CMG shares performed in 2023?

Computer Modelling Group's stock was trading at C$5.83 at the beginning of 2023. Since then, CMG shares have increased by 74.8% and is now trading at C$10.19. View the best growth stocks for 2023 here .

When is Computer Modelling Group's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, February 14th 2024. View our CMG earnings forecast .

How often does Computer Modelling Group pay dividends? What is the dividend yield for Computer Modelling Group?

Computer Modelling Group declared a quarterly dividend on Wednesday, December 6th. Investors of record on Friday, December 15th will be paid a dividend of 0.05 per share on Friday, December 15th. This represents a $0.20 annualized dividend and a yield of 1.96%. The ex-dividend date is Wednesday, December 6th. Read our dividend analysis for CMG .

Is Computer Modelling Group a good dividend stock?

Computer Modelling Group (TSE:CMG) pays an annual dividend of C$0.20 per share and currently has a dividend yield of 1.96%. The dividend payout ratio is 66.67%. This payout ratio is at a healthy, sustainable level, below 75%. Read our dividend analysis for CMG .

What other stocks do shareholders of Computer Modelling Group own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Computer Modelling Group investors own include TELUS (T) , BCE (BCE) , Bank of Nova Scotia (BNS) , Canadian Western Bank (CWB) , NovelStem International (HOLL) , (KOG) (KOG) , Netflix (NFLX) , Royal Bank of Canada (RY) , Vaccinex (VCNX) and Whiting USA Trust II (WHZT) .

How do I buy shares of Computer Modelling Group?

Shares of CMG stock and other Canadian stocks can be purchased through an online brokerage account. Popular online brokerages with access to the Canadian stock market include BMO InvestorLine, CIBC Investor's Edge, Desjardins Online Brokerage, HSBC InvestDirect, Laurentian Bank Discount Brokerage, National Bank Direct Brokerage, Qtrade Investor , Questrade, RBC Direct Investing, Scotia iTrade, TD Direct Investing, and Virtual Brokers. Compare Top Brokerages Here .

Computer Modelling Group Stock Price, News & Analysis (TSE:CMG)

C$10.19

+0.11 (+1.09%)

(As of 12/1/2023 08:56 PM ET)

Compare

Today's Range: C$10.10
▼
C$10.32
50-Day Range: C$8.20
▼
C$10.41
52-Week Range: C$5.51
▼
C$10.76

Volume: 70,440 shs
Average Volume: 92,585 shs
Market Capitalization: C$824.68 million

P/E Ratio: 33.97
Dividend Yield: 1.96%
Price Target: C$9.75

Stock Analysis Analyst Forecasts Chart Competitors Dividend Earnings Headlines Insider Trades

Computer Modelling Group MarketRank™ Stock Analysis

Analyst Rating: Hold
2.33 Rating Score
Upside/Downside: 4.3% Downside
C$9.75 Price Target
Short Interest: N/A
Dividend Strength: Weak
Based on Four Factors
Sustainability: N/A
News Sentiment: 0.11
Based on 5 Articles This Week
Insider Trading: Selling Shares
C$798,596 Sold Last Quarter
Proj. Earnings Growth: N/A

Overall MarketRank^™

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

1.93 out of 5 stars

2.2

Analyst's Opinion

Consensus Rating
Computer Modelling Group has received a consensus rating of Hold. The company's average rating score is 2.33, and is based on 3 buy ratings, 2 hold ratings, and 1 sell rating.
Price Target Upside/Downside
According to analysts' consensus price target of C$9.75, Computer Modelling Group has a forecasted downside of 4.3% from its current price of C$10.19.
Amount of Analyst Coverage
Computer Modelling Group has been the subject of 5 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

N/A

Short Interest

Short Interest
There is no current short interest data available for CMG.

1.7

Dividend Strength

Dividend Yield
Computer Modelling Group pays a meaningful dividend of 1.96%, higher than the bottom 25% of all stocks that pay dividends.
Dividend Growth
Computer Modelling Group does not have a long track record of dividend growth.
Dividend Coverage
The dividend payout ratio of Computer Modelling Group is 66.67%. This payout ratio is at a healthy, sustainable level, below 75%.

N/A

Sustainability and ESG

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

2.3

News and Social Media Coverage

News Sentiment
Computer Modelling Group has a news sentiment score of 0.11. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.59 average news sentiment score of Computer and Technology companies.
News Coverage This Week
MarketBeat has tracked 5 news articles for Computer Modelling Group this week, compared to 0 articles on an average week.
Search Interest
Only 24 people have searched for CMG on MarketBeat in the last 30 days. This is a decrease of 0% compared to the previous 30 days.
MarketBeat Follows
1 people have added Computer Modelling Group to their MarketBeat watchlist in the last 30 days.

2.5

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Computer Modelling Group insiders have sold 3,529.98% more of their company's stock than they have bought. Specifically, they have bought C$22,000.00 in company stock and sold C$798,596.00 in company stock.
Percentage Held by Insiders
Only 1.64% of the stock of Computer Modelling Group is held by insiders.
Percentage Held by Institutions
57.96% of the stock of Computer Modelling Group is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

1.3

Earnings and Valuation

Price to Earnings Ratio vs. the Market
The P/E ratio of Computer Modelling Group is 33.97, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 115.42.
Price to Earnings Ratio vs. Sector
The P/E ratio of Computer Modelling Group is 33.97, which means that it is trading at a less expensive P/E ratio than the Computer and Technology sector average P/E ratio of about 235.59.
Price to Earnings Growth Ratio
Computer Modelling Group has a PEG Ratio of 1.97. PEG Ratios above 1 indicate that a company could be overvalued.
Price to Book Value per Share Ratio
Computer Modelling Group has a P/B Ratio of 13.96. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

About Computer Modelling Group Stock (TSE:CMG)

Computer Modelling Group Ltd., a computer software technology company, engages in the development and licensing of reservoir simulation software and related services in Canada and internationally. The company offers CMOST-AI, an intelligent optimization and analysis tool that offers solution for reservoir by combining advanced statistical analysis, machine learning, and non-biased data interpretation; IMEX, a black oil simulator that is used to model primary and secondary oil recovery processes in conventional and unconventional reservoirs; and GEM, an equation-of-state reservoir simulator for compositional, chemical, and unconventional reservoir modelling. It also provides STARS, a thermal and processes reservoir simulator for the modelling of steam, solvents, air, and chemical recovery processes; CoFlow, a reservoir and production system modelling software that allows reservoir and production engineers to make informed decisions on large integrated oil and gas projects; and Builder, a pre-processor that simplifies the creation of simulation models by providing a framework for data integration and workflow management between various data sources. In addition, the company offers Results, a post-processor that helps in enhancing understanding and insight into recovery processes and reservoir performance with state-of-the-art visualization and analysis; and WinProp, a fluid property characterization tool. Further, it provides professional services comprising specialized support, consulting, training, and contract research services. The company was founded in 1978 and is headquartered in Calgary, Canada.

CMG Stock Price History

30 days | 90 days | 365 days | Advanced Chart

CMG Stock News Headlines

November 29, 2023 | americanbankingnews.com

Sandra Balic Sells 33,300 Shares of Computer Modelling Group Ltd. (TSE:CMG) Stock

November 28, 2023 | americanbankingnews.com

Computer Modelling Group Ltd. (TSE:CMG) Director Acquires C$22,000.00 in Stock

December 4, 2023 | DTI Trader (Ad)

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November 26, 2023 | americanbankingnews.com

Insider Selling: Computer Modelling Group Ltd. (TSE:CMG) Senior Officer Sells C$201,000.00 in Stock

November 17, 2023 | finance.yahoo.com

Here's Why Computer Modelling Group (TSE:CMG) Has Caught The Eye Of Investors

November 3, 2023 | finance.yahoo.com

Is Computer Modelling Group Ltd.'s (TSE:CMG) Recent Stock Performance Influenced By Its Fundamentals In Any Way?

October 31, 2023 | finance.yahoo.com

CMG Announces Partnership with ABB to Deliver Powerful New Technology for Carbon Capture and Storage (CCS)

October 20, 2023 | finance.yahoo.com

Computer Modelling Group Ltd. (TSE:CMG) is a favorite amongst institutional investors who own 58%

December 4, 2023 | DTI Trader (Ad)

New CBOE “special perk” helps traders target income every weekend

You might not immediately realize what you’re reading. Let me help you out a little… What you're looking at is a “special perk” set up by the Chicago Board of Options Exchange.

October 16, 2023 | ca.finance.yahoo.com

3 Stocks Set to Soar in the Coming Years

September 25, 2023 | finanznachrichten.de

Computer Modelling Group Ltd.: CMG Announces the Acquisition of Bluware-Headwave Ventures Inc.

September 25, 2023 | finance.yahoo.com

CMG Announces the Acquisition of Bluware-Headwave Ventures Inc.

August 26, 2023 | theglobeandmail.com

Closing Bell: Computer Modelling Group Ltd flat on Friday (CMG)

August 22, 2023 | theglobeandmail.com

Closing Bell: Computer Modelling Group Ltd down on Tuesday (CMG)

August 17, 2023 | finance.yahoo.com

A Look At The Fair Value Of Computer Modelling Group Ltd. (TSE:CMG)

August 3, 2023 | finance.yahoo.com

Should You Investigate Computer Modelling Group Ltd. (TSE:CMG) At CA$7.22?

June 5, 2023 | markets.businessinsider.com

Barclays Keeps a Sell Rating on Computer Modelling (CMG)

May 24, 2023 | finance.yahoo.com

Declining Stock and Decent Financials: Is The Market Wrong About Computer Modelling Group Ltd. (TSE:CMG)?

May 8, 2023 | finance.yahoo.com

Computer Modelling Group Ltd. (TSE:CMG) is favoured by institutional owners who hold 55% of the company

April 25, 2023 | theglobeandmail.com

Closing Bell: Computer Modelling Group Ltd up on Tuesday (CMG)

April 24, 2023 | theglobeandmail.com

Closing Bell: Computer Modelling Group Ltd flat on Monday (CMG)

April 19, 2023 | theglobeandmail.com

Closing Bell: Computer Modelling Group Ltd flat on Tuesday (CMG)

April 11, 2023 | theglobeandmail.com

Closing Bell: Computer Modelling Group Ltd up on Monday (CMG)

April 7, 2023 | theglobeandmail.com

Closing Bell: Computer Modelling Group Ltd down on Thursday (CMG)

April 6, 2023 | theglobeandmail.com

Closing Bell: Computer Modelling Group Ltd down on Wednesday (CMG)

February 9, 2023 | finanznachrichten.de

Computer Modelling Group Ltd.: Computer Modelling Group Announces Third Quarter Results

February 8, 2023 | msn.com

Computer Modelling Group Ltd. declares $0.05 dividend

See More Headlines

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Company Calendar

Ex-Dividend for 9/15 Dividend: 9/06/2023
Dividend Payable: 9/15/2023
Today: 12/03/2023
Ex-Dividend for 12/15 Dividend: 12/06/2023
Dividend Payable: 12/15/2023
Next Earnings (Estimated): 2/14/2024

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: TSE
Industry: Software - Application
Sub-Industry: N/A
Sector: Computer and Technology
Current Symbol: TSE:CMG
CUSIP: N/A
CIK: N/A
Web: www.cmgl.ca
Phone: +1-403-5311300
Fax: N/A
Employees: 296
Year Founded: N/A

Price Target and Rating

Average Stock Price Target: C$9.75
High Stock Price Target: C$11.50
Low Stock Price Target: C$7.50
Potential Upside/Downside: -4.3%
Consensus Rating: Hold
Rating Score (0-4): 2.33
Research Coverage: 6 Analysts

Profitability

EPS (Most Recent Fiscal Year): C$0.30
Trailing P/E Ratio: 33.97
Forward P/E Ratio: 30.40
P/E Growth: 1.97
Net Income: C$24.99 million
Net Margins: 30.10%
Pretax Margin: N/A
Return on Equity: 46.60%
Return on Assets: 15.33%

Debt

Debt-to-Equity Ratio: 64.85
Current Ratio: 1.51
Quick Ratio: 2.25

Sales & Book Value

Annual Sales: C$83.04 million
Price / Sales: 9.93
Cash Flow: C$1.21 per share
Price / Cash Flow: 8.40
Book Value: C$0.73 per share
Price / Book: 13.96

Miscellaneous

Outstanding Shares: 80,930,000
Free Float: N/A
Market Cap: C$824.68 million
Optionable: Not Optionable
Beta: 1.14

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Key Executives

Mr. Pramod Jain (Age 42)
President, CEO & Director
Comp: $1.45M
Ms. Sandra Balic C.A.
CPA, VP of Finance & CFO
Dr. Long X. Nghiem
Vice President of Science & Innovation and Chief Scientist
Mr. John Mortimer P. Eng
Chief Technology Officer
Kristin Mason
Manager of Administration & Compliance
Daniel Edelshaim
Head of Legal
Mohammad Khalaf
Head of Corporate Development
Ms. Krisztina Howery MBA
Head of Marketing
Kristina Mysev
Head of People & Culture
Rahul Jain
Head of Business Operations

Key Competitors

View All Competitors

Insiders

View All Insider Transactions

CMG Stock Analysis - Frequently Asked Questions

Should I buy or sell Computer Modelling Group stock right now?: 6 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Computer Modelling Group in the last year. There are currently 1 sell rating, 2 hold ratings and 3 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "hold" CMG shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in CMG, but not buy additional shares or sell existing shares.
View CMG analyst ratings or view top-rated stocks.
What is Computer Modelling Group's stock price target for 2024?: 6 brokers have issued 12-month price targets for Computer Modelling Group's shares. Their CMG share price targets range from C$7.50 to C$11.50. On average, they expect the company's share price to reach C$9.75 in the next twelve months. This suggests that the stock has a possible downside of 4.3%.
View analysts price targets for CMG or view top-rated stocks among Wall Street analysts.
How have CMG shares performed in 2023?: Computer Modelling Group's stock was trading at C$5.83 at the beginning of 2023. Since then, CMG shares have increased by 74.8% and is now trading at C$10.19.
View the best growth stocks for 2023 here.
When is Computer Modelling Group's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Wednesday, February 14th 2024.
View our CMG earnings forecast.

How often does Computer Modelling Group pay dividends? What is the dividend yield for Computer Modelling Group?: Computer Modelling Group declared a quarterly dividend on Wednesday, December 6th. Investors of record on Friday, December 15th will be paid a dividend of 0.05 per share on Friday, December 15th. This represents a $0.20 annualized dividend and a yield of 1.96%. The ex-dividend date is Wednesday, December 6th.
Read our dividend analysis for CMG.
Is Computer Modelling Group a good dividend stock?: Computer Modelling Group (TSE:CMG) pays an annual dividend of C$0.20 per share and currently has a dividend yield of 1.96%. The dividend payout ratio is 66.67%. This payout ratio is at a healthy, sustainable level, below 75%.
Read our dividend analysis for CMG.
What other stocks do shareholders of Computer Modelling Group own?: Based on aggregate information from My MarketBeat watchlists, some companies that other Computer Modelling Group investors own include TELUS (T), BCE (BCE), Bank of Nova Scotia (BNS), Canadian Western Bank (CWB), NovelStem International (HOLL), (KOG) (KOG), Netflix (NFLX), Royal Bank of Canada (RY), Vaccinex (VCNX) and Whiting USA Trust II (WHZT).
How do I buy shares of Computer Modelling Group?: Shares of CMG stock and other Canadian stocks can be purchased through an online brokerage account. Popular online brokerages with access to the Canadian stock market include BMO InvestorLine, CIBC Investor's Edge, Desjardins Online Brokerage, HSBC InvestDirect, Laurentian Bank Discount Brokerage, National Bank Direct Brokerage, Qtrade Investor, Questrade, RBC Direct Investing, Scotia iTrade, TD Direct Investing, and Virtual Brokers.
Compare Top Brokerages Here.

This page (TSE:CMG) was last updated on 12/4/2023 by MarketBeat.com Staff

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Computer Modelling Group Stock Price, News & Analysis (TSE:CMG)

Computer Modelling Group MarketRank™ Stock Analysis

Overall MarketRank™

Analyst's Opinion

Short Interest

Short Interest

Dividend Strength

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score

News and Social Media Coverage

News Sentiment

News Coverage This Week

Search Interest

MarketBeat Follows

Company Ownership

Earnings and Valuation

About Computer Modelling Group Stock (TSE:CMG)

CMG Stock Price History

CMG Stock News Headlines

Company Calendar

Industry, Sector and Symbol

Price Target and Rating

Profitability

Debt

Sales & Book Value

Miscellaneous

Key Executives

Key Competitors

Insiders

CMG Stock Analysis - Frequently Asked Questions

Overall MarketRank^™