What is Raymond James’ Estimate for TSE:CMG FY2025 Earnings?

Computer Modelling Group Ltd. (TSE:CMG) – Equities research analysts at Raymond James upped their FY2025 earnings per share (EPS) estimates for Computer Modelling Group in a note issued to investors on Wednesday, February 12th. Raymond James analyst S. Li now anticipates that the company will earn $0.28 per share for the year, up from their previous estimate of $0.27. Raymond James currently has a “Outperform” rating and a $13.00 price objective on the stock. The consensus estimate for Computer Modelling Group’s current full-year earnings is $0.31 per share.

Several other research analysts have also weighed in on the company. BMO Capital Markets dropped their price target on Computer Modelling Group from C$14.00 to C$13.00 in a research report on Friday, December 13th. Cibc World Mkts cut shares of Computer Modelling Group from a “strong-buy” rating to a “hold” rating in a report on Wednesday. CIBC lowered their price objective on shares of Computer Modelling Group from C$14.50 to C$11.00 and set a “neutral” rating on the stock in a research report on Wednesday. Ventum Financial cut their target price on shares of Computer Modelling Group from C$15.00 to C$14.00 and set a “buy” rating for the company in a research report on Wednesday. Finally, Canaccord Genuity Group cut shares of Computer Modelling Group from a “buy” rating to a “hold” rating and lowered their price target for the company from C$15.00 to C$12.00 in a report on Wednesday, November 13th. One analyst has rated the stock with a sell rating, three have assigned a hold rating and five have given a buy rating to the stock. According to MarketBeat.com, Computer Modelling Group has an average rating of “Hold” and a consensus target price of C$12.67.

Computer Modelling Group Price Performance

CMG opened at C$8.55 on Friday. The firm has a market capitalization of C$689.85 million, a P/E ratio of 28.19, a PEG ratio of 1.97 and a beta of 1.21. The stock has a fifty day moving average of C$10.43 and a 200-day moving average of C$11.45. The company has a quick ratio of 2.25, a current ratio of 1.27 and a debt-to-equity ratio of 47.62. Computer Modelling Group has a 12-month low of C$8.54 and a 12-month high of C$14.73.

Computer Modelling Group Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, December 13th. Investors of record on Friday, December 13th were given a dividend of $0.05 per share. This represents a $0.20 dividend on an annualized basis and a yield of 2.34%. The ex-dividend date of this dividend was Thursday, December 5th. Computer Modelling Group’s dividend payout ratio (DPR) is presently 65.95%.

Insider Activity at Computer Modelling Group

In other news, Senior Officer Long X. Nghiem sold 15,000 shares of the firm’s stock in a transaction dated Monday, November 18th. The shares were sold at an average price of C$10.20, for a total transaction of C$153,000.00. Also, Senior Officer Sandra Balic sold 148,110 shares of the company’s stock in a transaction dated Monday, December 2nd. The shares were sold at an average price of C$11.11, for a total transaction of C$1,645,724.27. Insiders have sold 325,210 shares of company stock worth $3,533,366 over the last three months. Company insiders own 1.03% of the company’s stock.

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.