Celadon Group Inc. (NYSE:CGI) shares rose 1.5% during trading on Friday . The company traded as high as $8.83 and last traded at $8.78, with a volume of 154,675 shares trading hands. The stock had previously closed at $8.65.

CGI has been the subject of a number of research analyst reports. Stifel Nicolaus lowered shares of Celadon Group from a “buy” rating to a “hold” rating in a research report on Friday, June 24th. Cowen and Company upped their price objective on shares of Celadon Group from $15.00 to $17.00 and gave the company an “outperform” rating in a research report on Friday, April 29th. Royal Bank Of Canada reaffirmed an “outperform” rating on shares of Celadon Group in a research report on Wednesday, June 22nd. Scotiabank reaffirmed an “outperform” rating and set a $64.00 price objective on shares of Celadon Group in a research report on Thursday, March 31st. Finally, Desjardins reaffirmed a “hold” rating on shares of Celadon Group in a research report on Friday, April 15th. Two investment analysts have rated the stock with a sell rating, three have given a hold rating, ten have issued a buy rating and one has issued a strong buy rating to the company. The company currently has an average rating of “Buy” and an average price target of $31.86.

The stock has a market cap of $242.16 million and a PE ratio of 6.84. The firm has a 50 day moving average of $9.32 and a 200 day moving average of $9.32.

Celadon Group (NYSE:CGI) last issued its quarterly earnings data on Wednesday, April 27th. The company reported $0.19 earnings per share for the quarter, hitting the consensus estimate of $0.19. The business earned $259.60 million during the quarter, compared to analyst estimates of $262.10 million. During the same quarter last year, the firm earned $0.36 EPS. Celadon Group’s revenue for the quarter was up 12.0% compared to the same quarter last year. Equities analysts predict that Celadon Group Inc. will post $1.04 EPS for the current fiscal year.

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, July 22nd. Shareholders of record on Friday, July 8th will be paid a $0.02 dividend. This represents a $0.08 annualized dividend and a yield of 0.91%. The ex-dividend date of this dividend is Wednesday, July 6th.

Other institutional investors have recently modified their holdings of the company. Buckhead Capital Management LLC boosted its position in shares of Celadon Group by 79.5% in the fourth quarter. Buckhead Capital Management LLC now owns 134,631 shares of the company’s stock valued at $1,332,000 after buying an additional 59,624 shares during the last quarter. First Trust Advisors LP boosted its position in shares of Celadon Group by 1.8% in the fourth quarter. First Trust Advisors LP now owns 171,927 shares of the company’s stock valued at $1,700,000 after buying an additional 3,003 shares during the last quarter. Bank of Montreal Can boosted its position in shares of Celadon Group by 164,905.0% in the fourth quarter. Bank of Montreal Can now owns 495,015 shares of the company’s stock valued at $4,896,000 after buying an additional 494,715 shares during the last quarter. Finally, Victory Capital Management Inc. boosted its position in shares of Celadon Group by 18.6% in the fourth quarter. Victory Capital Management Inc. now owns 1,649,832 shares of the company’s stock valued at $16,317,000 after buying an additional 258,505 shares during the last quarter.

Celadon Group, Inc (Celadon) provides truckload freight transportation. The Company operates through two segments: asset based and asset light. The asset based segment offers services, such as United States domestic dry van, refrigerated, and flatbed service; cross-border service between the United States and each of Mexico and Canada; intra-Mexico and intra-Canada service; dedicated contract service; regional and specialized short haul service, and rail intermodal service.

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