Shares of Computer Modelling Group Ltd. (TSE:CMG – Get Free Report) have received an average rating of “Moderate Buy” from the ten research firms that are presently covering the company, Marketbeat Ratings reports. One investment analyst has rated the stock with a sell rating, one has assigned a hold rating, seven have issued a buy rating and one has assigned a strong buy rating to the company. The average twelve-month price target among brokers that have updated their coverage on the stock in the last year is C$13.89.
CMG has been the topic of several analyst reports. Acumen Capital raised their price target on shares of Computer Modelling Group from C$13.00 to C$15.00 in a research report on Friday, August 9th. Ventum Financial raised their price target on shares of Computer Modelling Group from C$13.00 to C$15.00 and gave the company a “buy” rating in a research report on Wednesday, July 31st. CIBC raised their price target on shares of Computer Modelling Group from C$13.50 to C$15.00 in a research report on Thursday, August 8th. National Bankshares set a C$14.00 price target on shares of Computer Modelling Group and gave the company an “outperform” rating in a research report on Wednesday, September 11th. Finally, Canaccord Genuity Group raised their price target on shares of Computer Modelling Group from C$12.00 to C$15.00 in a research report on Friday, July 26th.
Read Our Latest Stock Report on CMG
Insider Activity
Computer Modelling Group Stock Down 0.7 %
TSE:CMG opened at C$11.90 on Thursday. The firm has a market capitalization of C$974.02 million, a P/E ratio of 42.54, a PEG ratio of 1.97 and a beta of 1.21. Computer Modelling Group has a 1-year low of C$8.43 and a 1-year high of C$14.73. The company’s fifty day moving average price is C$12.29 and its 200-day moving average price is C$12.11. The company has a debt-to-equity ratio of 52.77, a current ratio of 1.81 and a quick ratio of 2.25.
Computer Modelling Group (TSE:CMG – Get Free Report) last released its quarterly earnings data on Wednesday, August 7th. The company reported C$0.05 earnings per share for the quarter, missing analysts’ consensus estimates of C$0.06 by C($0.01). The business had revenue of C$30.52 million during the quarter, compared to analyst estimates of C$31.14 million. Computer Modelling Group had a return on equity of 36.56% and a net margin of 19.69%. As a group, equities research analysts anticipate that Computer Modelling Group will post 0.3055122 EPS for the current year.
Computer Modelling Group Dividend Announcement
The business also recently announced a quarterly dividend, which was paid on Friday, September 13th. Stockholders of record on Friday, September 13th were given a $0.05 dividend. The ex-dividend date was Thursday, September 5th. This represents a $0.20 annualized dividend and a dividend yield of 1.68%. Computer Modelling Group’s dividend payout ratio (DPR) is 71.43%.
Computer Modelling Group Company Profile
Computer Modelling Group Ltd., a software and consulting technology company, engages in the development and licensing of reservoir simulation and seismic interpretation software and related services. The company offers CMOST-AI, an optimization and analysis tool that offers solution for reservoir by combining advanced statistical analysis, machine learning, and impartial data interpretation; IMEX, a black oil simulator that is used to model primary, secondary, and tertiary oil recovery processes in conventional and unconventional reservoirs; and GEM, an equation-of-state reservoir simulator for compositional, chemical, and unconventional reservoir modelling.
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