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TSE:GIB.A

CGI (GIB.A) Stock Price, News & Analysis

C$139.38
+0.31 (+0.22%)
(As of 06/7/2024 ET)
Today's Range
C$138.36
C$140.05
50-Day Range
C$134.09
C$149.18
52-Week Range
C$127.73
C$160.40
Volume
371,775 shs
Average Volume
327,442 shs
Market Capitalization
C$28.68 billion
P/E Ratio
19.88
Dividend Yield
5.35%
Price Target
C$161.27

CGI MarketRank™ Stock Analysis

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
15.7% Upside
C$161.27 Price Target
Short Interest
N/A
Dividend Strength
Weak
Based on Four Factors
Sustainability
N/A
News Sentiment
N/A
Insider Trading
N/A
Proj. Earnings Growth
N/A

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

2.11 out of 5 stars

GIB.A stock logo

About CGI Stock (TSE:GIB.A)

CGI Inc., together with its subsidiaries, provides information technology (IT) and business process services in Canada, Northern Europe, France, the United States, the United Kingdom, Europe, and the Asia Pacific. Its services include the management of IT and business outsourcing, systems integration and consulting, and software solutions selling activities. The company also offers application development, management, testing, portfolio management, and modernization services; business consulting, including agile, business transformation, change management, CIO advisory, cybersecurity, data analytics, digital enterprise, project management, and industry-specific services; and a suite of business process services designed to address the needs of specific industries, as well as IT infrastructure consulting, solutions, and services. It serves clients operating in government, financial services, health, utility, communication, oil and gas, manufacturing, retail and consumer service, transportation, and post and logistics sectors. The company was formerly known as CGI Group Inc. and changed its name to CGI Inc. in January 2019. CGI Inc. was founded in 1976 and is headquartered in Montreal, Canada.

GIB.A Stock Price History

GIB.A Stock News Headlines

GIB.A:CA CGI Inc.
Bay Street Likely To Open On Mixed Note; Fed Policy Eyed
CGI: Fiscal Q2 Earnings Snapshot
Do CGI's (TSE:GIB.A) Earnings Warrant Your Attention?
CGI in India named as a Top Employer 2024
Better Buy: CGI Stock or OpenText?
See More Headlines
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Industry, Sector and Symbol

Industry
Information Technology Services
Sub-Industry
N/A
CIK
N/A
Fax
N/A
Employees
74,000
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
C$161.27
High Stock Price Target
C$175.00
Low Stock Price Target
C$127.00
Potential Upside/Downside
+15.7%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
10 Analysts

Profitability

Net Income
C$1.65 billion
Pretax Margin
N/A

Debt

Sales & Book Value

Annual Sales
C$14.47 billion
Cash Flow
C$5.02 per share
Book Value
C$38.68 per share

Miscellaneous

Free Float
N/A
Market Cap
C$28.68 billion
Optionable
Not Optionable
Beta
0.81
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Key Executives

  • Mr. Serge Godin (Age 70)
    Founder & Exec. Chairman
  • Mr. George D. Schindler (Age 56)
    Pres, CEO & Director
  • Ms. Julie Godin (Age 44)
    Vice-Chair of the Board, Exec. VP and Chief Planning & Admin. Officer
  • Mr. André Imbeau (Age 69)
    Co-Founder & Director
  • Mr. François Boulanger
    Exec. VP & CFO

Should I Buy CGI Stock? GIB.A Pros and Cons Explained

Pros

Here are some ways that investors could benefit from investing in CGI Inc:

  • CGI Inc has shown consistent revenue growth over the past few quarters, indicating a strong financial performance.
  • The company has a diversified client base, reducing dependency risks on a single sector or client.
  • CGI Inc's innovative solutions in the IT services sector have positioned it well for potential growth opportunities.
  • Recent insider trading activities show positive sentiment towards the company, with notable purchases made by key executives.
  • CGI Inc's stock price has been steadily increasing, reflecting positive market sentiment and potential for further growth.

Cons

Investors should be bearish about investing in CGI Inc for these reasons:

  • CGI Inc operates in a highly competitive industry, which may lead to pricing pressures and reduced margins.
  • The company's heavy reliance on acquisitions for growth could pose integration risks and impact financial performance.
  • CGI Inc's exposure to macroeconomic factors such as currency fluctuations and geopolitical uncertainties may affect its operations.
  • Analysts have mixed ratings on CGI Inc, with some suggesting caution due to valuation concerns and market volatility.
  • The company's debt levels have been increasing, which could raise concerns about its financial leverage and future obligations.
These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Monday, June 3, 2024. Please send any questions or comments about these CGI pros and cons to contact@marketbeat.com.

GIB.A Stock Analysis - Frequently Asked Questions

Should I buy or sell CGI stock right now?

10 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for CGI in the last twelve months. There are currently 10 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" GIB.A shares.
View GIB.A analyst ratings
or view top-rated stocks.

What is CGI's stock price target for 2024?

10 analysts have issued 1 year price objectives for CGI's stock. Their GIB.A share price targets range from C$127.00 to C$175.00. On average, they predict the company's stock price to reach C$161.27 in the next year. This suggests a possible upside of 15.7% from the stock's current price.
View analysts price targets for GIB.A
or view top-rated stocks among Wall Street analysts.

How have GIB.A shares performed in 2024?

CGI's stock was trading at C$141.95 at the beginning of the year. Since then, GIB.A shares have decreased by 1.8% and is now trading at C$139.38.
View the best growth stocks for 2024 here
.

How do I buy shares of CGI?

Shares of GIB.A stock and other Canadian stocks can be purchased through an online brokerage account. Popular online brokerages with access to the Canadian stock market include BMO InvestorLine, CIBC Investor's Edge, Desjardins Online Brokerage, HSBC InvestDirect, Laurentian Bank Discount Brokerage, National Bank Direct Brokerage, Qtrade Investor, Questrade, RBC Direct Investing, Scotia iTrade, TD Direct Investing, and Virtual Brokers.
Compare Top Brokerages Here.

This page (TSE:GIB.A) was last updated on 6/9/2024 by MarketBeat.com Staff

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