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

Alithya Group (TSE:ALYA) received a C$40.00 target price from analysts at Scotiabank in a research note issued to investors on Tuesday,BayStreet.CA reports. The firm presently has an “outperform” rating on the stock.

Separately, Ventum Financial upped their price target on shares of Alithya Group from C$2.85 to C$3.00 and gave the company 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, Alithya Group presently has a consensus rating of “Buy” and a consensus price target of C$12.25.

Alithya Group Stock Up 2.4%

ALYA stock opened at C$1.71 on Tuesday. The stock has a fifty day moving average of C$1.70 and a 200-day moving average of C$1.86. Alithya Group has a fifty-two week low of C$1.40 and a fifty-two week high of C$2.62. The company has a market capitalization of C$170.47 million, a price-to-earnings ratio of -6.33, a PEG ratio of 2.38 and a beta of 0.06. The company has a debt-to-equity ratio of 68.27, a quick ratio of 1.32 and a current ratio of 1.39.

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

About Alithya Group

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.