NYSE:GIB - CGI Stock Price, News, & Analysis

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$66.38 +0.24 (+0.36 %)
(As of 02/15/2019 04:00 PM ET)
Previous Close$66.38
Today's Range$65.99 - $66.46
52-Week Range$56.26 - $68.17
Volume154,194 shs
Average Volume207,703 shs
Market Capitalization$18.48 billion
P/E Ratio20.68
Dividend YieldN/A
Beta0.57
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.

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Industry, Sector and Symbol

Industry Management consulting services
Sub-IndustryN/A
SectorComputer and Technology
CUSIPN/A
Phone514-841-3200

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$8.80 billion
Cash Flow$4.4283 per share
Book Value$18.83 per share

Profitability

Net Income$889.38 million

Miscellaneous

Employees74,000
Market Cap$18.48 billion
OptionableOptionable

CGI (NYSE:GIB) Frequently Asked Questions

What is CGI's stock symbol?

CGI trades on the New York Stock Exchange (NYSE) under the ticker symbol "GIB."

How will CGI's stock buyback program work?

CGI declared that its Board of Directors has initiated a share buyback plan on Thursday, February 1st 2018, which authorizes the company to buyback 20,590,000 outstanding shares, according to EventVestor. This buyback authorization authorizes the company to buy shares of its stock through open market purchases. Stock buyback plans are generally a sign that the company's management believes its stock is undervalued.

How were CGI's earnings last quarter?

CGI Inc (NYSE:GIB) posted its quarterly earnings data on Wednesday, January, 30th. The technology company reported $0.85 earnings per share for the quarter, beating analysts' consensus estimates of $0.84 by $0.01. The technology company had revenue of $2.96 billion for the quarter, compared to the consensus estimate of $2.95 billion. CGI had a return on equity of 18.11% and a net margin of 10.01%. The firm's revenue for the quarter was up 5.2% compared to the same quarter last year. During the same period last year, the business posted $0.99 EPS. View CGI's Earnings History.

When is CGI's next earnings date?

CGI is scheduled to release their next quarterly earnings announcement on Wednesday, May 1st 2019. View Earnings Estimates for CGI.

What price target have analysts set for GIB?

6 brokers have issued 12 month price objectives for CGI's shares. Their forecasts range from $68.00 to $95.00. On average, they anticipate CGI's stock price to reach $81.50 in the next twelve months. This suggests a possible upside of 22.8% from the stock's current price. View Analyst Price Targets for CGI.

What is the consensus analysts' recommendation for CGI?

6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for CGI in the last year. There are currently 1 hold rating and 5 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for CGI.

Has CGI been receiving favorable news coverage?

Media coverage about GIB stock has been trending positive this week, InfoTrie reports. InfoTrie identifies positive and negative media coverage by analyzing more than six thousand blog and news sources in real-time. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. CGI earned a daily sentiment score of 2.7 on InfoTrie's scale. They also assigned headlines about the technology company a news buzz of 10.0 out of 10, indicating that recent media coverage is extremely likely to have an effect on the company's share price in the next several days.

Are investors shorting CGI?

CGI saw a decline in short interest during the month of January. As of January 31st, there was short interest totalling 1,186,675 shares, a decline of 36.1% from the January 15th total of 1,857,474 shares. Based on an average daily volume of 188,441 shares, the days-to-cover ratio is currently 6.3 days. View CGI's Current Options Chain.

Who are some of CGI's key competitors?

Who are CGI's key executives?

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

Who are CGI's major shareholders?

CGI's stock is owned by a variety of of institutional and retail investors. Top institutional shareholders include Jarislowsky Fraser Ltd (2.82%), Bank of Montreal Can (2.03%), Connor Clark & Lunn Investment Management Ltd. (1.44%), Great West Life Assurance Co. Can (1.06%), TD Asset Management Inc. (0.98%) and Fiera Capital Corp (0.76%).

Which major investors are selling CGI stock?

GIB stock was sold by a variety of institutional investors in the last quarter, including 1832 Asset Management L.P., Bank of Montreal Can, Toronto Dominion Bank, Fort L.P., Northern Trust Corp, Cidel Asset Management Inc., Ontario Teachers Pension Plan Board and Gotham Asset Management LLC.

Which major investors are buying CGI stock?

GIB stock was acquired by a variety of institutional investors in the last quarter, including CIBC Asset Management Inc, Her Majesty the Queen in Right of the Province of Alberta as represented by Alberta Investment Management Corp, PCJ Investment Counsel Ltd., Renaissance Group LLC, Mn Services Vermogensbeheer B.V., Bank of Nova Scotia, Barclays PLC and Great West Life Assurance Co. Can.

How do I buy shares of CGI?

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

What is CGI's stock price today?

One share of GIB stock can currently be purchased for approximately $66.38.

How big of a company is CGI?

CGI has a market capitalization of $18.48 billion and generates $8.80 billion in revenue each year. The technology company earns $889.38 million in net income (profit) each year or $3.21 on an earnings per share basis. CGI employs 74,000 workers across the globe.

What is CGI's official website?

The official website for CGI is http://www.cgi.com.

How can I contact CGI?

CGI's mailing address is 1350 RENE LEVESQUE BOULEVARD WEST 15TH FLOOR, MONTREAL A8, H3G 1T4. The technology company can be reached via phone at 514-841-3200 or via email at [email protected]


MarketBeat Community Rating for CGI (NYSE GIB)

Community Ranking:  2.5 out of 5 (star star half star)
Outperform Votes:  459 (Vote Outperform)
Underperform Votes:  466 (Vote Underperform)
Total Votes:  925
MarketBeat's community ratings are surveys of what our community members think about CGI and other stocks. Vote "Outperform" if you believe GIB will outperform the S&P 500 over the long term. Vote "Underperform" if you believe GIB will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 2/16/2019 by MarketBeat.com Staff

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