Celadon Group Stock Rating Reaffirmed by Aegis (CGI)
Celadon Group (NYSE:CGI)‘s stock had its “buy” rating reiterated by investment analysts at Aegis in a note issued to investors on Monday, Analyst Ratings News reports.
CGI has been the subject of a number of other recent research reports. Analysts at Sidoti downgraded shares of Celadon Group from a “buy” rating to a “neutral” rating in a research note to investors on Friday, January 24th. Separately, analysts at Zacks downgraded shares of Celadon Group from a “neutral” rating to an “underperform” rating in a research note to investors on Tuesday, January 21st. They now have a $19.10 price target on the stock. Finally, analysts at Stifel Nicolaus downgraded shares of Celadon Group from a “buy” rating to a “hold” rating in a research note to investors on Tuesday, January 14th. They now have a $19.00 price target on the stock, down previously from $22.00. Two analysts have rated the stock with a sell rating, four have assigned a hold rating and four have assigned a buy rating to the company. The stock has a consensus rating of “Hold” and a consensus price target of $20.87.
Celadon Group (NYSE:CGI) traded down 2.08% during mid-day trading on Monday, hitting $20.74. 15,242 shares of the company’s stock traded hands. Celadon Group has a 52 week low of $16.29 and a 52 week high of $22.04. The stock’s 50-day moving average is $20.01 and its 200-day moving average is $19.18. The company has a market cap of $476.9 million and a price-to-earnings ratio of 21.37.
Celadon Group (NYSE:CGI) last released its earnings data on Friday, January 31st. The company reported $0.22 earnings per share for the quarter, missing the analysts’ consensus estimate of $0.25 by $0.03. The company had revenue of $193.60 million for the quarter, compared to the consensus estimate of $182.17 million. On average, analysts predict that Celadon Group will post $1.08 earnings per share for the current fiscal year.
The company also recently declared a quarterly dividend, which is scheduled for Friday, April 18th. Investors of record on Friday, April 4th will be given a dividend of $0.02 per share. This represents a $0.08 dividend on an annualized basis and a yield of 0.38%. The ex-dividend date of this dividend is Wednesday, April 2nd.
Celadon Group, Inc (NYSE:CGI) is engaged in the business of truckload carriers.
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