How have GIB shares performed in 2024?

CGI's stock was trading at $107.21 at the beginning of the year. Since then, GIB stock has decreased by 2.5% and is now trading at $104.54. View the best growth stocks for 2024 here .

Are investors shorting CGI?

CGI saw a increase in short interest in the month of March. As of March 31st, there was short interest totaling 825,100 shares, an increase of 15.9% from the March 15th total of 711,700 shares. Based on an average daily trading volume, of 134,200 shares, the short-interest ratio is currently 6.1 days. Currently, 0.4% of the shares of the company are short sold. View CGI's Short Interest .

When is CGI's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, May 1st 2024. View our GIB earnings forecast .

How were CGI's earnings last quarter?

CGI Inc. (NYSE:GIB) announced its quarterly earnings results on Wednesday, January, 31st. The technology company reported $1.34 earnings per share for the quarter, topping the consensus estimate of $1.31 by $0.03. The technology company earned $2.65 billion during the quarter, compared to analysts' expectations of $2.59 billion. CGI had a net margin of 11.34% and a trailing twelve-month return on equity of 20.65%.

What ETF holds CGI's stock?

iShares International Equity Factor ETF holds 65,176 shares of GIB stock, representing 0.65% of its portfolio.

What other stocks do shareholders of CGI own?

Based on aggregate information from My MarketBeat watchlists, some companies that other CGI investors own include CGI (GIB.A) , International Business Machines (IBM) , NVIDIA (NVDA) , Home Depot (HD) , McDonald's (MCD) , Cisco Systems (CSCO) , Enbridge (ENB) , Intel (INTC) and AT&T (T) .

Who are CGI's major shareholders?

CGI's stock is owned by a number of retail and institutional investors. Top institutional shareholders include Addenda Capital Inc. (0.18%), Galibier Capital Management Ltd. (0.10%), DGS Capital Management LLC (0.01%), Kathmere Capital Management LLC (0.00%), Park Avenue Securities LLC (0.00%) and Janiczek Wealth Management LLC (0.00%).

How do I buy shares of CGI?

Shares of GIB stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here .

Does CGI have any subsidiaries?

The following companies are subsidiares of CGI: CGI Federal Inc., CGI France SAS, CGI IT UK Limited, CGI Information Systems and Management Consultants Inc., CGI Nederland B.V., CGI Suomi Oy, CGI Sverige AB, CGI Technologies and Solutions Inc., CTS Inc., Collaborative Consulting, Conseillers en gestion et informatique CGI inc., Facilité Informatique, Logica, Stanley, Summa Technologies, and ckc group. Read More

NYSE:GIB

CGI (GIB) Stock Price, News & Analysis

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$104.54

+0.88 (+0.85%)

(As of 04/17/2024 ET)

Compare

Today's Range: $103.43
▼
$105.00
50-Day Range: $102.89
▼
$118.47
52-Week Range: $93.07
▼
$118.89

Volume: 267,399 shs
Average Volume: 138,319 shs
Market Capitalization: $24.29 billion

P/E Ratio: 20.38
Dividend Yield: N/A
Price Target: N/A

Get CGI alerts:

CGI MarketRank™ Stock Analysis

Analyst Rating: N/A
Upside/Downside: N/A
Short Interest: Bearish
0.41% of Float Sold Short
Dividend Strength: N/A
Sustainability: N/A
News Sentiment: 0.96
Based on 5 Articles This Week
Insider Trading: N/A
Proj. Earnings Growth: 9.81%
From $5.71 to $6.27 Per Share

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.

1.62 out of 5 stars

Computer And Technology Sector

454th out of 592 stocks

Management Consulting Services Industry

12th out of 17 stocks

N/A

Analyst's Opinion

Consensus Rating
There is not enough analysis data for CGI.

2.0

Short Interest

Percentage of Shares Shorted
0.41% of the float of CGI has been sold short.
Short Interest Ratio / Days to Cover
CGI has a short interest ratio ("days to cover") of 6.1.
Change versus previous month
Short interest in CGI has recently increased by 15.93%, indicating that investor sentiment is decreasing significantly.

0.0

Dividend Strength

Dividend Yield
CGI does not currently pay a dividend.
Dividend Growth
CGI does not have a long track record of dividend growth.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for GIB.

3.3

News and Social Media Coverage

News Sentiment
CGI has a news sentiment score of 0.96. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.45 average news sentiment score of Computer and Technology companies.
News Coverage This Week
MarketBeat has tracked 5 news articles for CGI this week, compared to 3 articles on an average week.
Search Interest
7 people have searched for GIB on MarketBeat in the last 30 days. This is an increase of 600% compared to the previous 30 days.
MarketBeat Follows
Only 5 people have added CGI to their MarketBeat watchlist in the last 30 days. This is a decrease of 0% compared to the previous 30 days.

1.7

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, CGI insiders have not sold or bought any company stock.
Percentage Held by Insiders
Only 9.90% of the stock of CGI is held by insiders.
Percentage Held by Institutions
66.68% of the stock of CGI is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

2.5

Earnings and Valuation

Earnings Growth
Earnings for CGI are expected to grow by 9.81% in the coming year, from $5.71 to $6.27 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of CGI is 20.38, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 139.07.
Price to Earnings Ratio vs. Sector
The P/E ratio of CGI is 20.38, which means that it is trading at a less expensive P/E ratio than the Computer and Technology sector average P/E ratio of about 265.68.
Price to Earnings Growth Ratio
CGI has a PEG Ratio of 1.90. PEG Ratios above 1 indicate that a company could be overvalued.
Price to Book Value per Share Ratio
CGI has a P/B Ratio of 3.96. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

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About CGI Stock (NYSE:GIB)

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. It serves clients operating in government, banking and capital market, health, utility, communication and media, oil and gas, space, manufacturing, insurance, life sciences, retail and consumer service, and transportation and logistics sectors. The company operates in Canada, France, Spain, Portugal, the United States, Germany, Sweden, Norway, the United Kingdom, Australia, Finland, Poland, Baltics, the Netherlands, Denmark, Czech Republic, India, the Philippines, Asia Pacific, and internationally. Western and Southern Europe; Australia; Scandinavia; Finland, Poland, and Baltics; the United States; the United Kingdom; and the Asia Pacific. 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 Stock Price History

30 days | 90 days | 365 days | Advanced Chart

GIB Stock News Headlines

April 16, 2024 | prnewswire.com

CGI's Hotscan360 solution named a market leader for helping enterprises address financial crime compliance

April 10, 2024 | prnewswire.com

CGI named lead partner by Minnesota for multi-state initiative to analyze diversity, equity, inclusion data in child support programs

April 18, 2024 | Insiders Exposed (Ad)

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April 4, 2024 | prnewswire.com

Nevada to transform state ERP systems with cloud-based CGI Advantage® solution

April 3, 2024 | prnewswire.com

CGI partners with MOSL to enable continued innovation for the retail water market in England

March 27, 2024 | prnewswire.com

CGI appointed as Strategic Delivery Partner to UK Cabinet Office for digital transformation

March 25, 2024 | markets.businessinsider.com

Analysts Offer Insights on Technology Companies: Affirm Holdings (AFRM), Altair Engineering (ALTR) and CGI Group (GIB)

March 20, 2024 | theglobeandmail.com

Bullish on CGI Inc.

April 18, 2024 | Insiders Exposed (Ad)

The Hard Truth About Investing For Retirement

March 19, 2024 | marketwatch.com

CGI Secures $72M Contract with U.S. Department of Health and Human Services

March 16, 2024 | sg.finance.yahoo.com

GIB Apr 2024 130.000 call

March 1, 2024 | prnewswire.com

CGI U.S. earns perfect score for the third year in a row in Human Rights Campaign Foundation's Corporate Equality Index

February 27, 2024 | prnewswire.com

Massachusetts selects CGI for transformation of Commonwealth's enterprise financial system

February 23, 2024 | prnewswire.com

CGI announces intent to repurchase 1.67 million of its shares

February 23, 2024 | finance.yahoo.com

GIB Mar 2024 135.000 call

February 21, 2024 | finance.yahoo.com

CGI selected by State of Utah for modernization of human capital management solution across 30 agencies

February 21, 2024 | prnewswire.com

CGI selected by State of Utah for modernization of human capital management solution across 30 agencies

February 20, 2024 | ca.finance.yahoo.com

GIB Aug 2024 110.000 call

February 19, 2024 | msn.com

CGI helps empower the livelihoods of 300 transgender individuals

February 17, 2024 | finance.yahoo.com

GIB Mar 2024 145.000 call

February 14, 2024 | prnewswire.com

CGI and LocalTapiola extend long-term partnership to further advance enterprise-wide digital transformation program

February 11, 2024 | ca.finance.yahoo.com

GIB Feb 2024 80.000 put

February 3, 2024 | finance.yahoo.com

CGI Inc. (TSE:GIB.A) Just Reported And Analysts Have Been Lifting Their Price Targets

February 1, 2024 | seekingalpha.com

CGI: Good Q1 Results, But The Valuation Keeps Me Away

January 31, 2024 | finanznachrichten.de

CGI Inc.: CGI reports first quarter Fiscal 2024 results

January 31, 2024 | msn.com

CGI renews NCIB to buy back stock via TSX and NYSE

January 31, 2024 | finance.yahoo.com

CGI reports first quarter Fiscal 2024 results

See More Headlines

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Company Calendar

Last Earnings: 1/31/2024
Today: 4/17/2024
Next Earnings (Confirmed): 5/01/2024
Fiscal Year End: 9/30/2024

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: NYSE
Sector: Computer and Technology
Industry: Management consulting services
Sub-Industry: N/A
Current Symbol: NYSE:GIB
CUSIP: N/A
CIK: 1061574
Web: www.cgi.com
Phone: (514) 841-3200
Fax: 703-267-8679
Employees: 91,500
Year Founded: 1976

Profitability

EPS (Most Recent Fiscal Year): $5.13
Trailing P/E Ratio: 20.38
Forward P/E Ratio: 18.31
P/E Growth: 1.9
Net Income: $1.21 billion
Net Margins: 11.34%
Pretax Margin: 15.28%
Return on Equity: 20.65%
Return on Assets: 10.78%

Debt

Debt-to-Equity Ratio: 0.22
Current Ratio: 1.11
Quick Ratio: 0.86

Sales & Book Value

Annual Sales: $10.60 billion
Price / Sales: 2.29
Cash Flow: $7.10 per share
Price / Cash Flow: 14.72
Book Value: $26.43 per share
Price / Book: 3.96

Miscellaneous

Outstanding Shares: 232,320,000
Free Float: 209,319,000
Market Cap: $24.29 billion
Optionable: Optionable
Beta: 0.92

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Key Executives

Mr. Serge Godin (Age 75)
Founder & Executive Chairman of the Board
Comp: $1.86M
Ms. Julie Godin (Age 49)
Co-Chair of the Board and Executive VP of Strategic Planning & Corporate Development
Mr. George D. Schindler (Age 61)
President, CEO & Director
Comp: $3.69M
Mr. Francois Boulanger
President & COO
Mr. Jean-Michel Baticle
President, COO and President of Western & Southern Europe Operations
Mr. Andre Imbeau (Age 74)
Co-Founder, Advisor to the Executive Chairman & Director
Mr. Steve Perron
Executive VP & CFO
Ms. Leslie McKay
Senior VP & Chief Information Officer
Mr. Kevin Morris Linder CA
CPA, Senior Vice President of Investor Relations
Mr. Benoit Dubé
Executive VP of Legal & Economic Affairs and Corporate Secretary

Key Competitors

View All Competitors

Institutional Ownership

View All Institutional Transactions

Should I Buy CGI Stock? GIB Pros and Cons Explained

Pros

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

CGI Inc. reported earnings per share of $1.34 for the last quarter, beating the consensus estimate by $0.03. This indicates strong financial performance.
CGI Inc. has a return on equity of 20.65%, showcasing efficient utilization of shareholder equity to generate profits.
The company operates in various sectors such as government, banking, healthcare, and more, providing diversified revenue streams.
CGI Inc. has a market cap of $24.81 billion, indicating a sizable presence in the market.
With a PE ratio of 20.78, CGI Inc. may be considered undervalued compared to industry peers, presenting a potential investment opportunity.

Cons

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

CGI Inc.'s stock price has experienced fluctuations, with a 52-week low of $93.07 and a high of $118.89, indicating potential volatility.
The company's debt-to-equity ratio of 0.22 may raise concerns about its financial leverage and risk exposure.
CGI Inc.'s P/E/G ratio of 1.97 suggests that the stock may be overvalued relative to its earnings growth potential.
While CGI Inc. has a strong presence in multiple regions globally, geopolitical risks and currency fluctuations could impact its operations.
Institutional investors own a significant portion (66.68%) of CGI Inc.'s stock, potentially limiting individual investor influence on company decisions.

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 Friday, April 12, 2024. Please send any questions or comments about these CGI pros and cons to contact@marketbeat.com.

GIB Stock Analysis - Frequently Asked Questions

How have GIB shares performed in 2024?: CGI's stock was trading at $107.21 at the beginning of the year. Since then, GIB stock has decreased by 2.5% and is now trading at $104.54.
View the best growth stocks for 2024 here.
Are investors shorting CGI?: CGI saw a increase in short interest in the month of March. As of March 31st, there was short interest totaling 825,100 shares, an increase of 15.9% from the March 15th total of 711,700 shares. Based on an average daily trading volume, of 134,200 shares, the short-interest ratio is currently 6.1 days. Currently, 0.4% of the shares of the company are short sold.
View CGI's Short Interest.
When is CGI's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Wednesday, May 1st 2024.
View our GIB earnings forecast.
How were CGI's earnings last quarter?: CGI Inc. (NYSE:GIB) announced its quarterly earnings results on Wednesday, January, 31st. The technology company reported $1.34 earnings per share for the quarter, topping the consensus estimate of $1.31 by $0.03. The technology company earned $2.65 billion during the quarter, compared to analysts' expectations of $2.59 billion. CGI had a net margin of 11.34% and a trailing twelve-month return on equity of 20.65%.
What ETF holds CGI's stock?: iShares International Equity Factor ETF holds 65,176 shares of GIB stock, representing 0.65% of its portfolio.

What other stocks do shareholders of CGI own?: Based on aggregate information from My MarketBeat watchlists, some companies that other CGI investors own include CGI (GIB.A), International Business Machines (IBM), NVIDIA (NVDA), Home Depot (HD), McDonald's (MCD), Cisco Systems (CSCO), Enbridge (ENB), Intel (INTC) and AT&T (T).
Who are CGI's major shareholders?: CGI's stock is owned by a number of retail and institutional investors. Top institutional shareholders include Addenda Capital Inc. (0.18%), Galibier Capital Management Ltd. (0.10%), DGS Capital Management LLC (0.01%), Kathmere Capital Management LLC (0.00%), Park Avenue Securities LLC (0.00%) and Janiczek Wealth Management LLC (0.00%).
How do I buy shares of CGI?: Shares of GIB stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.
Does CGI have any subsidiaries?: The following companies are subsidiares of CGI: CGI Federal Inc., CGI France SAS, CGI IT UK Limited, CGI Information Systems and Management Consultants Inc., CGI Nederland B.V., CGI Suomi Oy, CGI Sverige AB, CGI Technologies and Solutions Inc., CTS Inc., Collaborative Consulting, Conseillers en gestion et informatique CGI inc., Facilité Informatique, Logica, Stanley, Summa Technologies, and ckc group.
Read More

This page (NYSE:GIB) was last updated on 4/18/2024 by MarketBeat.com Staff

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