Calian Group (TSE:CGY) Announces Quarterly Earnings Results

Calian Group (TSE:CGY) issued its earnings results on Thursday. The company reported C$1.10 EPS for the quarter, FiscalAI reports. Calian Group had a return on equity of 10.35% and a net margin of 3.97%.The firm had revenue of C$230.40 million during the quarter.

Here are the key takeaways from Calian Group’s conference call:

• Record Q3 performance: Revenue rose 20% year over year to CAD 230 million, including 16% organic growth, while adjusted EBITDA increased 35% to CAD 26 million and margins expanded to 11.1%.
• Defense and space remained the primary growth engine, with revenue up 20% and adjusted EBITDA up 25%; Calian also secured a 15-year Raytheon UK agreement worth nearly CAD 300 million in base revenue, with potentially comparable variable revenue.
• Calian’s pro forma backlog is approaching CAD 1.6 billion, including approximately CAD 1.3 billion in defense, supporting management’s expectation for a second consecutive year of bookings above CAD 1 billion and continued long-term demand from defense, nuclear, and health markets.
• Essential Industries gained momentum, with revenue up 20% and adjusted EBITDA up 46%; management highlighted improving U.S. commercial and nuclear demand, as well as potential long-term benefits from Canadian recruitment initiatives and plans for new nuclear reactors.
• Management expects working-capital usage of CAD 15 million–CAD 17 million for fiscal 2026, while investments in Europe, Canada, product platforms, and efficiency initiatives will accelerate in Q4 and fiscal 2027; these investments may temporarily pressure cash flow and margins despite the stronger outlook.

Calian Group Trading Up 11.0%

Shares of TSE:CGY traded up C$9.36 during mid-day trading on Thursday, reaching C$94.69. The stock had a trading volume of 135,616 shares, compared to its average volume of 39,616. The firm has a market cap of C$1.09 billion, a PE ratio of 33.22, a price-to-earnings-growth ratio of 2.50 and a beta of 0.96. The firm has a 50 day simple moving average of C$81.54 and a two-hundred day simple moving average of C$77.19. The company has a current ratio of 1.51, a quick ratio of 1.20 and a debt-to-equity ratio of 63.54. Calian Group has a twelve month low of C$44.89 and a twelve month high of C$95.50.

Calian Group Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Wednesday, June 10th. Stockholders of record on Wednesday, June 10th were paid a $0.28 dividend. The ex-dividend date of this dividend was Wednesday, May 27th. This represents a $1.12 dividend on an annualized basis and a dividend yield of 1.2%. Calian Group’s dividend payout ratio is 39.30%.

Wall Street Analysts Forecast Growth

A number of equities research analysts recently issued reports on the stock. Stifel Nicolaus set a C$100.00 target price on shares of Calian Group and gave the stock a “buy” rating in a research report on Wednesday, May 20th. Canaccord Genuity Group upped their price objective on shares of Calian Group from C$103.00 to C$105.00 and gave the stock a “buy” rating in a research note on Monday, June 29th. Ventum raised their price objective on shares of Calian Group from C$94.00 to C$100.00 and gave the stock a “buy” rating in a report on Monday, June 15th. Royal Bank Of Canada lifted their target price on shares of Calian Group from C$78.00 to C$90.00 and gave the company an “outperform” rating in a research note on Friday, May 15th. Finally, ATB Cormark Capital Markets boosted their target price on Calian Group from C$92.50 to C$98.50 and gave the stock an “outperform” rating in a report on Tuesday, May 19th. Nine research analysts have rated the stock with a Buy rating, According to MarketBeat.com, Calian Group presently has a consensus rating of “Buy” and an average target price of C$92.06.

Insider Transactions at Calian Group

In related news, insider Patrick Belanger Houston sold 6,432 shares of the firm’s stock in a transaction on Wednesday, May 20th. The stock was sold at an average price of C$80.91, for a total transaction of C$520,413.12. Following the sale, the insider owned 22,266 shares of the company’s stock, valued at approximately C$1,801,542.06. This trade represents a 22.41% decrease in their position. Corporate insiders own 0.63% of the company’s stock.

Calian Group Company Profile

Calian Group Ltd operates through four segments namely Advanced Technologies, Health, Learning, and Information Technology. It generates maximum revenue from the Health segment. The company serves health, defence, security, aerospace, engineering, AgTech, and IT industries. Its Health segment includes Clinical Services; Nursing Services; Psychological Services and Medical Property Management. The Advanced Technologies segment includes Engineering Solutions and Services; Nuclear and Environmental Services; Satcom; DOCSIS; Electronics Design and Manufacturing and Agricultural Technology.