FY2022 Earnings Forecast for Alithya Group Inc. (NYSE:ALYA) Issued By Cormark

Alithya Group Inc. (NYSE:ALYA) – Cormark dropped their FY2022 earnings estimates for shares of Alithya Group in a report released on Monday, March 23rd. Cormark analyst G. Fairweather now anticipates that the company will post earnings of $0.02 per share for the year, down from their previous estimate of $0.08. Cormark has a “Market Perform” rating and a $3.00 price objective on the stock.

Separately, Zacks Investment Research raised Alithya Group from a “hold” rating to a “buy” rating and set a $3.00 price objective for the company in a research note on Wednesday, February 19th.

NYSE:ALYA opened at $1.74 on Wednesday. Alithya Group has a 1 year low of $0.96 and a 1 year high of $3.89. The business has a 50 day simple moving average of $2.49 and a 200-day simple moving average of $2.67.

Alithya Group (NYSE:ALYA) last posted its quarterly earnings data on Thursday, February 13th. The company reported ($0.02) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.02 by ($0.04). The firm had revenue of $50.19 million during the quarter, compared to analyst estimates of $55.51 million.

Several large investors have recently bought and sold shares of ALYA. Bank of Montreal Can lifted its stake in shares of Alithya Group by 30.0% in the 4th quarter. Bank of Montreal Can now owns 62,450 shares of the company’s stock valued at $174,000 after purchasing an additional 14,400 shares during the last quarter. 1832 Asset Management L.P. bought a new stake in shares of Alithya Group during the 4th quarter worth approximately $408,000. Millennium Management LLC lifted its stake in shares of Alithya Group by 1,468.3% during the 3rd quarter. Millennium Management LLC now owns 191,560 shares of the company’s stock worth $574,000 after acquiring an additional 205,560 shares during the last quarter. Fiera Capital Corp lifted its stake in shares of Alithya Group by 2.4% during the 4th quarter. Fiera Capital Corp now owns 1,576,615 shares of the company’s stock worth $4,398,000 after acquiring an additional 36,659 shares during the last quarter. Finally, Ancora Advisors LLC lifted its stake in shares of Alithya Group by 5.2% during the 4th quarter. Ancora Advisors LLC now owns 1,888,340 shares of the company’s stock worth $5,250,000 after acquiring an additional 93,426 shares during the last quarter.

Alithya Group Company Profile

Alithya Group Inc provides strategy and digital technology services in Canada, the United States, and Europe. The company's digital strategy and transformation services include strategic consulting and organizational change, governance and strategic alignment, investment management, collaborative management and co-management, business and enterprise architecture, managing the people side of change, and project management.

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Earnings History and Estimates for Alithya Group (NYSE:ALYA)

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