National Bank Financial Forecasts CGI Group FY2025 Earnings

Key Points

• National Bank Financial has raised its FY2025 earnings per share (EPS) estimate for CGI Group from $6.00 to $6.04, surpassing the consensus estimate of $5.79 per share.
• CGI Group's quarterly earnings results revealed an EPS of $1.52, exceeding analysts' expectations and marking an 11.4% increase in revenue compared to the same quarter last year.
• The company recently increased its quarterly dividend to $0.1086 per share, reflecting a 0.5% annualized yield and a consistent dividend payout ratio of 7.83%.

CGI Group, Inc. (NYSE:GIB - Free Report) TSE: GIB.A - Stock analysts at National Bank Financial upped their FY2025 earnings per share estimates for CGI Group in a research note issued to investors on Wednesday, July 30th. National Bank Financial analyst R. Tse now forecasts that the technology company will post earnings of $6.04 per share for the year, up from their previous forecast of $6.00. The consensus estimate for CGI Group's current full-year earnings is $5.79 per share. National Bank Financial also issued estimates for CGI Group's Q4 2025 earnings at $1.54 EPS.

Several other research firms have also recently weighed in on GIB. Royal Bank Of Canada decreased their price target on CGI Group from $185.00 to $175.00 and set an "outperform" rating for the company in a research note on Thursday. UBS Group dropped their price target on shares of CGI Group from $112.00 to $105.00 and set a "neutral" rating on the stock in a report on Thursday. Two research analysts have rated the stock with a hold rating, two have issued a buy rating and one has issued a strong buy rating to the company. According to MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and a consensus target price of $148.25.

CGI Group Stock Down 1.1%

Shares of GIB traded down $1.06 on Friday, hitting $95.37. 324,095 shares of the stock traded hands, compared to its average volume of 296,347. The company has a market capitalization of $21.26 billion, a PE ratio of 17.63, a P/E/G ratio of 1.76 and a beta of 0.72. CGI Group has a one year low of $92.85 and a one year high of $122.79. The company has a debt-to-equity ratio of 0.35, a quick ratio of 0.92 and a current ratio of 1.27. The business has a 50 day simple moving average of $104.29 and a 200 day simple moving average of $106.39.

CGI Group (NYSE:GIB - Get Free Report) TSE: GIB.A last issued its quarterly earnings results on Wednesday, July 30th. The technology company reported $1.52 EPS for the quarter, topping analysts' consensus estimates of $1.51 by $0.01. CGI Group had a return on equity of 18.53% and a net margin of 11.01%. The firm had revenue of $3 billion for the quarter, compared to analysts' expectations of $4.01 billion. During the same period in the previous year, the firm posted $1.91 EPS. The business's revenue for the quarter was up 11.4% compared to the same quarter last year.

Institutional Investors Weigh In On CGI Group

Hedge funds and other institutional investors have recently modified their holdings of the stock. SVB Wealth LLC purchased a new stake in CGI Group in the 1st quarter worth $25,000. Fifth Third Bancorp raised its stake in CGI Group by 239.5% during the 1st quarter. Fifth Third Bancorp now owns 258 shares of the technology company's stock valued at $26,000 after purchasing an additional 182 shares during the period. Caitong International Asset Management Co. Ltd lifted its holdings in CGI Group by 292.6% in the 1st quarter. Caitong International Asset Management Co. Ltd now owns 1,005 shares of the technology company's stock worth $100,000 after purchasing an additional 749 shares in the last quarter. Versant Capital Management Inc lifted its holdings in CGI Group by 371.7% in the 1st quarter. Versant Capital Management Inc now owns 1,052 shares of the technology company's stock worth $105,000 after purchasing an additional 829 shares in the last quarter. Finally, GeoWealth Management LLC lifted its holdings in CGI Group by 80.4% in the 4th quarter. GeoWealth Management LLC now owns 1,299 shares of the technology company's stock worth $142,000 after purchasing an additional 579 shares in the last quarter. 66.68% of the stock is currently owned by hedge funds and other institutional investors.

CGI Group Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, September 19th. Stockholders of record on Friday, August 15th will be paid a $0.1086 dividend. This is a positive change from CGI Group's previous quarterly dividend of $0.11. The ex-dividend date is Friday, August 15th. This represents a $0.43 annualized dividend and a dividend yield of 0.5%. CGI Group's dividend payout ratio (DPR) is currently 7.95%.

CGI Group Company Profile

CGI Inc, together with its subsidiaries, provides information technology (IT) and business process services. Its services include the business and strategic IT consulting, systems integration, and software solutions. The company also provides application development, modernization and maintenance, holistic enterprise digitization, automation, hybrid and cloud management, and business process services; intellectual property-based solutions; business consulting; managed IT services; and IT infrastructure services.