FY2025 Earnings Estimate for CGI Group Issued By Desjardins

Key Points

• Desjardins has raised its FY2025 earnings estimate for CGI Group to $6.10 per share, higher than the earlier forecast of $5.92 and the consensus estimate of $5.79.
• CGI Group recently declared a quarterly dividend of $0.1086 per share, reflecting a positive increase from the previous dividend of $0.11, with an annual yield of 0.5%.
• Despite beating earnings expectations with $1.52 per share in the recent quarter, CGI Group reported revenue of $3 billion, falling short of the expected $4.01 billion.

CGI Group, Inc. (NYSE:GIB - Free Report) TSE: GIB.A - Stock analysts at Desjardins increased their FY2025 EPS estimates for CGI Group in a research note issued to investors on Wednesday, July 30th. Desjardins analyst J. Dubreuil now forecasts that the technology company will post earnings of $6.10 per share for the year, up from their prior forecast of $5.92. The consensus estimate for CGI Group's current full-year earnings is $5.79 per share. Desjardins also issued estimates for CGI Group's Q4 2025 earnings at $1.49 EPS and Q1 2026 earnings at $1.58 EPS.

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

Other equities research analysts also recently issued reports about the stock. UBS Group cut their target price on shares of CGI Group from $112.00 to $105.00 and set a "neutral" rating on the stock in a research note on Thursday, July 31st. Royal Bank Of Canada cut their target price on shares of CGI Group from $185.00 to $175.00 and set an "outperform" rating on the stock in a research note on Thursday, July 31st. Two equities research analysts have rated the stock with a hold rating, two have given a buy rating and one has given a strong buy rating to the stock. According to MarketBeat, CGI Group currently has an average rating of "Moderate Buy" and a consensus price target of $148.25.

CGI Group Trading Up 1.0%

Shares of CGI Group stock traded up $0.97 on Friday, reaching $97.94. The company had a trading volume of 281,278 shares, compared to its average volume of 276,722. The firm's 50 day moving average price is $104.10 and its two-hundred day moving average price is $106.29. The firm has a market cap of $21.83 billion, a PE ratio of 18.10, a PEG ratio of 1.76 and a beta of 0.72. CGI Group has a 52-week low of $92.85 and a 52-week high of $122.79. The company has a debt-to-equity ratio of 0.35, a quick ratio of 0.94 and a current ratio of 1.27.

CGI Group Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, September 19th. Shareholders of record on Friday, August 15th will be given a $0.1086 dividend. The ex-dividend date of this dividend is Friday, August 15th. This represents a $0.43 dividend on an annualized basis and a dividend yield of 0.4%. This is a boost from CGI Group's previous quarterly dividend of $0.11. CGI Group's payout ratio is currently 8.13%.

Institutional Investors Weigh In On CGI Group

A number of large investors have recently modified their holdings of GIB. Federation des caisses Desjardins du Quebec increased its position in shares of CGI Group by 22.5% in the 1st quarter. Federation des caisses Desjardins du Quebec now owns 4,933,984 shares of the technology company's stock valued at $491,725,000 after purchasing an additional 907,876 shares during the last quarter. BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp boosted its holdings in shares of CGI Group by 1,190.6% in the 4th quarter. BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp now owns 845,916 shares of the technology company's stock valued at $92,438,000 after buying an additional 780,370 shares in the last quarter. Royal Bank of Canada boosted its holdings in shares of CGI Group by 10.1% in the 1st quarter. Royal Bank of Canada now owns 8,151,753 shares of the technology company's stock valued at $813,792,000 after buying an additional 747,918 shares in the last quarter. Goldman Sachs Group Inc. boosted its holdings in shares of CGI Group by 275.3% in the 1st quarter. Goldman Sachs Group Inc. now owns 898,276 shares of the technology company's stock valued at $89,675,000 after buying an additional 658,925 shares in the last quarter. Finally, Bank of Montreal Can boosted its holdings in shares of CGI Group by 17.3% in the 4th quarter. Bank of Montreal Can now owns 3,843,289 shares of the technology company's stock valued at $419,976,000 after buying an additional 567,868 shares in the last quarter. 66.68% of the stock is owned by hedge funds and other institutional investors.

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.