FY2025 Earnings Forecast for Computer Modelling Group Ltd. Issued By National Bank Financial (TSE:CMG)

Computer Modelling Group Ltd. (TSE:CMG) – National Bank Financial cut their FY2025 earnings per share (EPS) estimates for Computer Modelling Group in a report issued on Wednesday, August 7th. National Bank Financial analyst J. Shao now forecasts that the company will post earnings of $0.33 per share for the year, down from their prior estimate of $0.35. The consensus estimate for Computer Modelling Group’s current full-year earnings is $0.35 per share.

CMG has been the topic of several other research reports. Raymond James set a C$15.00 price objective on shares of Computer Modelling Group and gave the stock an “outperform” rating in a report on Monday, June 17th. National Bankshares upped their price target on Computer Modelling Group from C$12.50 to C$14.00 and gave the company an “outperform” rating in a report on Friday, May 31st. CIBC boosted their price objective on Computer Modelling Group from C$13.50 to C$15.00 in a research report on Thursday. BMO Capital Markets raised their target price on Computer Modelling Group from C$13.00 to C$14.00 in a research report on Tuesday, July 16th. Finally, Ventum Financial increased their target price on Computer Modelling Group from C$13.00 to C$15.00 and gave the stock a “buy” rating in a report on Wednesday, July 31st. One research analyst has rated the stock with a sell rating, one has given a hold rating, eight have given a buy rating and one has given a strong buy rating to the company. According to MarketBeat, Computer Modelling Group presently has an average rating of “Moderate Buy” and a consensus price target of C$13.25.

Computer Modelling Group Stock Performance

CMG stock traded down C$0.27 on Friday, reaching C$12.27. 11,674 shares of the company were exchanged, compared to its average volume of 114,613. The firm has a market capitalization of C$996.69 million, a PE ratio of 43.24, a PEG ratio of 1.97 and a beta of 1.14. Computer Modelling Group has a 12 month low of C$6.85 and a 12 month high of C$14.73. The stock’s fifty day moving average price is C$13.46 and its 200 day moving average price is C$11.43. The company has a debt-to-equity ratio of 59.81, a current ratio of 1.76 and a quick ratio of 2.25.

Computer Modelling Group (TSE:CMG) last issued its quarterly earnings results on Wednesday, May 22nd. The company reported C$0.09 EPS for the quarter, topping analysts’ consensus estimates of C$0.07 by C$0.02. Computer Modelling Group had a return on equity of 42.70% and a net margin of 25.10%. The company had revenue of C$32.29 million during the quarter, compared to analyst estimates of C$31.30 million.

Insider Activity at Computer Modelling Group

In related news, Senior Officer Anjani Kumar sold 10,000 shares of the business’s stock in a transaction that occurred on Wednesday, June 26th. The shares were sold at an average price of C$12.73, for a total transaction of C$127,300.00. In other Computer Modelling Group news, Senior Officer Long X. Nghiem sold 40,000 shares of the company’s stock in a transaction that occurred on Friday, May 31st. The stock was sold at an average price of C$13.10, for a total transaction of C$524,000.00. Also, Senior Officer Anjani Kumar sold 10,000 shares of the firm’s stock in a transaction that occurred on Wednesday, June 26th. The stock was sold at an average price of C$12.73, for a total transaction of C$127,300.00. Insiders have sold 143,400 shares of company stock worth $1,865,633 in the last ninety days. Company insiders own 1.37% of the company’s stock.

Computer Modelling Group Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Friday, September 13th. Stockholders of record on Thursday, September 5th will be paid a $0.05 dividend. The ex-dividend date of this dividend is Thursday, September 5th. This represents a $0.20 dividend on an annualized basis and a dividend yield of 1.63%. Computer Modelling Group’s dividend payout ratio (DPR) is presently 68.97%.

About Computer Modelling Group

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.