Alithya Group (TSE:ALYA) PT Set at C$40.00 by Scotiabank

Alithya Group (TSE:ALYA) has been assigned a C$40.00 price target by research analysts at Scotiabank in a report issued on Tuesday,BayStreet.CA reports. The brokerage currently has an “outperform” rating on the stock.

Separately, Ventum Financial lifted their price target on Alithya Group from C$2.85 to C$3.00 and gave the stock a “buy” rating in a research note on Tuesday. Two investment analysts have rated the stock with a Buy rating, According to data from MarketBeat, the company currently has a consensus rating of “Buy” and a consensus target price of C$12.25.

Alithya Group Stock Performance

ALYA traded up C$0.02 during trading on Tuesday, hitting C$1.69. 93,416 shares of the stock were exchanged, compared to its average volume of 53,945. The company has a quick ratio of 1.32, a current ratio of 1.39 and a debt-to-equity ratio of 68.27. The firm has a market capitalization of C$168.48 million, a P/E ratio of -6.26, a PEG ratio of 2.38 and a beta of 0.06. The stock has a fifty day moving average price of C$1.70 and a two-hundred day moving average price of C$1.86. Alithya Group has a 1-year low of C$1.40 and a 1-year high of C$2.62.

Alithya Group (TSE:ALYA) last issued its quarterly earnings results on Friday, November 14th. The company reported C$0.10 earnings per share for the quarter. Alithya Group had a negative net margin of 0.69% and a negative return on equity of 1.88%. The firm had revenue of C$124.29 million during the quarter. As a group, sell-side analysts predict that Alithya Group will post 0.0400733 earnings per share for the current year.

Alithya Group Company Profile

Alithya Group Inc is a leader in Strategy and digital transformation, with professionals in Canada, the us, and Europe. Its integrated offering is laid out as follows: Strategy, custom solutions, Microsoft solutions, and Oracle solutions. Clients entrust the company with their strategic projects across Banking, Investment and Insurance, Energy, Manufacturing, Retail and Distribution, Telecommunications, Transportation, Professional Services, Healthcare, and Government sectors. Geographically, it derives a majority of revenue from Canada.