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MU   76.89 (+1.01%)
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GE   119.07 (+0.19%)
DIS   92.91 (+0.44%)
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CGI Stock Price, News & Analysis (NYSE:GIB)

$100.34
-0.52 (-0.52%)
(As of 01:20 PM ET)
Compare
Today's Range
$99.86
$101.35
50-Day Range
$93.51
$102.52
52-Week Range
$83.35
$107.66
Volume
49,292 shs
Average Volume
139,513 shs
Market Capitalization
$23.62 billion
P/E Ratio
19.71
Dividend Yield
N/A
Price Target
$117.25

CGI MarketRank™ Stock Analysis

Analyst Rating
0.00 Rating Score
Upside/​Downside
16.6% Upside
$117.25 Price Target
Short Interest
Bearish
0.99% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
1.40mentions of CGI in the last 14 days
Based on 6 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
9.91%
From $5.55 to $6.10 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

1.55 out of 5 stars

Computer And Technology Sector

522nd out of 598 stocks

Management Consulting Services Industry

15th out of 16 stocks


GIB stock logo

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

GIB Stock News Headlines

[Investor Alert] Potential Breakthrough Medical Tech Investment Opportunity
Autonomix has patented technology that can detect and target nerve signals at an accuracy never seen before, a $100B opportunity. Now the team with almost $600M in exits is planning to list Autonomix on the Nasdaq. And you can invest in Autonomix ahead of their intended Nasdaq listing.* *Disclosure: This is a paid advertisement for Autonomix’s Regulation A+ Offering. Please read the offering circular at invest.autonomix.com
CGI reports strong fourth quarter and Fiscal 2023 results
CGI Inc. 2023 Q4 - Results - Earnings Call Presentation
CGI: Top 10 Undervalued Growth Stocks on TSX (GIB-A)
[Investor Alert] Potential Breakthrough Medical Tech Investment Opportunity
Autonomix has patented technology that can detect and target nerve signals at an accuracy never seen before, a $100B opportunity. Now the team with almost $600M in exits is planning to list Autonomix on the Nasdaq. And you can invest in Autonomix ahead of their intended Nasdaq listing.* *Disclosure: This is a paid advertisement for Autonomix’s Regulation A+ Offering. Please read the offering circular at invest.autonomix.com
CGI Inc.: I Like The Business But Not The Valuation
State of Wyoming launches CGI Advantage®
CGI 3Q Earnings, Revenue Rise
See More Headlines
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Company Calendar

Last Earnings
11/08/2023
Today
11/29/2023
Next Earnings (Estimated)
2/07/2024
Fiscal Year End
9/30/2024

Industry, Sector and Symbol

Industry
Management consulting services
Sub-Industry
N/A
Employees
90,000
Year Founded
1976

Price Target and Rating

Average Stock Price Target
$117.25
High Stock Price Target
$125.00
Low Stock Price Target
$100.00
Potential Upside/Downside
+16.6%
Consensus Rating
Rating Score (0-4)
0.00
Research Coverage
0 Analysts

Profitability

Net Income
$1.21 billion
Pretax Margin
15.37%

Debt

Sales & Book Value

Annual Sales
$10.60 billion
Cash Flow
$6.88 per share
Book Value
$26.18 per share

Miscellaneous

Free Float
212,070,000
Market Cap
$23.66 billion
Optionable
Optionable
Beta
0.91

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Key Executives

  • Mr. Serge Godin (Age 74)
    Founder & Executive Chairman of the Board
    Comp: $3.5M
  • Ms. Julie Godin (Age 48)
    Co-Chair of the Board and Executive VP of Strategic Planning & Corporate Development
    Comp: $1.19M
  • Mr. George D. Schindler (Age 60)
    President, CEO & Director
    Comp: $4.38M
  • Mr. Francois Boulanger
    President & COO
  • Mr. Jean-Michel Baticle
    President, COO and President of Western & Southern Europe Operations
  • Mr. Andre Imbeau (Age 73)
    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

Should I Buy CGI Stock? GIB Pros and Cons Explained

These insights were generated using artificial intelligence. They are based on proprietary MarketBeat data, news articles, and custom LLM A.I. algorithms. This analysis of CGI was last updated on Tuesday, November 28, 2023 at 9:35 PM.

Pros

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

  • Strong presence in various sectors: CGI Inc. 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. This diversification provides the company with multiple revenue streams and reduces its dependence on any single industry.
  • Global operations: CGI Inc. 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. This global presence allows the company to tap into various markets and capitalize on growth opportunities worldwide.
  • Comprehensive IT and business process services: CGI Inc. offers a wide range of services including business and strategic IT consulting, systems integration, software solutions, application development, modernization and maintenance, enterprise digitization, automation, hybrid and cloud management, and business process services. This comprehensive suite of services positions the company as a one-stop solution provider for its clients.
  • Managed IT services and IT infrastructure services: CGI Inc. provides managed IT services and IT infrastructure services, which can help clients optimize their IT operations, reduce costs, and improve efficiency. These services are in high demand as organizations increasingly rely on technology to drive their business processes.
  • Recent name change and rebranding: CGI Inc. changed its name from CGI Group Inc. in January 2019. This rebranding effort reflects the company's evolution and commitment to delivering innovative IT and business process services. The name change can help enhance CGI Inc.'s brand recognition and attract new clients and investors.

Cons

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

  • Market volatility: The stock market can be volatile, and the price of CGI Inc. shares may fluctuate significantly. Investors should be prepared for potential price volatility and carefully consider their risk tolerance before investing.
  • Competition in the IT services industry: CGI Inc. operates in a highly competitive industry, with many other companies offering similar IT and business process services. Increased competition could potentially impact CGI Inc.'s market share and profitability.
  • Dependency on client industries: CGI Inc.'s revenue is dependent on the industries it serves, such as government, banking, healthcare, and manufacturing. Any downturn or disruption in these industries could negatively impact the company's financial performance.
  • Currency exchange rate risk: CGI Inc. operates in multiple countries, which exposes it to currency exchange rate fluctuations. Changes in exchange rates can impact the company's financial results, especially when a significant portion of its revenue is generated in foreign currencies.
  • Regulatory and legal risks: As a global company, CGI Inc. is subject to various regulatory and legal requirements in the countries where it operates. Non-compliance with these regulations or legal issues could result in financial penalties, reputational damage, and legal liabilities.














GIB Stock Analysis - Frequently Asked Questions

What is CGI's stock price target for 2024?

0 analysts have issued 1-year price targets for CGI's shares. Their GIB share price targets range from $100.00 to $125.00. On average, they expect the company's stock price to reach $117.25 in the next twelve months. This suggests a possible upside of 17.2% from the stock's current price.
View analysts price targets for GIB
or view top-rated stocks among Wall Street analysts.

How have GIB shares performed in 2023?

CGI's stock was trading at $86.13 at the beginning of the year. Since then, GIB shares have increased by 16.2% and is now trading at $100.07.
View the best growth stocks for 2023 here
.

Are investors shorting CGI?

CGI saw a increase in short interest in the month of November. As of November 15th, there was short interest totaling 2,000,000 shares, an increase of 5.8% from the October 31st total of 1,890,000 shares. Based on an average daily trading volume, of 127,900 shares, the days-to-cover ratio is presently 15.6 days. Currently, 1.0% of the company's stock are sold short.
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, February 7th 2024.
View our GIB earnings forecast
.

How were CGI's earnings last quarter?

CGI Inc. (NYSE:GIB) released its quarterly earnings data on Wednesday, November, 8th. The technology company reported $1.33 earnings per share for the quarter, hitting the consensus estimate of $1.33. The technology company earned $2.61 billion during the quarter, compared to analyst estimates of $2.62 billion. CGI had a trailing twelve-month return on equity of 20.74% and a net margin of 11.41%.

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 many different institutional and retail investors. Top institutional investors include Royal Bank of Canada (3.16%), Mackenzie Financial Corp (2.63%), Fiera Capital Corp (1.62%), National Bank of Canada FI (1.52%), The Manufacturers Life Insurance Company (1.49%) and Massachusetts Financial Services Co. MA (1.32%).

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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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 11/29/2023 by MarketBeat.com Staff

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