- Computer Modelling Group reported third-quarter EPS of C$0.12, beating both the previous year’s C$0.070 and the estimate of C$0.10.
- The company’s revenue increased by 8.4% year-over-year, reaching C$35.8 million, though it fell short of the C$36.5 million estimate.
- Adjusted EBITDA rose by 9.4% year-over-year to C$13.8 million, exceeding the estimate of C$13.1 million.
- Revenue from annuity license fees is more heavily recognized in the latter half of the fiscal year, which can lead to lower Adjusted EBITDA in the first two quarters.
- Analysts’ recommendations for Computer Modelling Group stand at 5 buys, 2 holds, and no sells.
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A look at Computer Modelling Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 2 | |
| Dividend | 3 | |
| Growth | 3 | |
| Resilience | 4 | |
| Momentum | 3 | |
| OVERALL SMART SCORE | 3.0 |
Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma
According to the Smartkarma Smart Scores assessment, Computer Modelling Group Ltd. shows a promising long-term outlook. With a solid Resilience score of 4, the company demonstrates robustness in withstanding market fluctuations and challenges. This denotes a level of stability and ability to navigate uncertainties for Computer Modelling.
Although the Value score is moderate at 2, the company showcases strength in Dividend and Growth with scores of 3 each. Additionally, having a Momentum score of 3 implies a certain level of positive market sentiment towards the company’s future prospects. Overall, based on the Smartkarma Smart Scores, Computer Modelling appears well-positioned for sustained growth and stability in the competitive computer software technology and consulting sector.
Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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