NYSE:GIB CGI (GIB) Stock Forecast, Price & News $103.88 +0.41 (+0.40%) (As of 04:33 PM ET) Add Compare Share Share Today's Range$103.40▼$104.3250-Day Range$96.27▼$105.4752-Week Range$72.23▼$105.96Volume108,427 shsAverage Volume149,990 shsMarket Capitalization$24.46 billionP/E Ratio21.55Dividend YieldN/APrice Target$139.11 ProfileProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial Media CGI MarketRank™ ForecastAnalyst RatingModerate Buy2.50 Rating ScoreUpside/Downside33.7% Upside$139.11 Price TargetShort InterestBearish0.46% of Float Sold ShortDividend StrengthN/ASustainabilityN/ANews Sentiment1.02Based on 5 Articles This WeekInsider TradingN/AProj. Earnings Growth10.15%From $5.22 to $5.75 Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.2.33 out of 5 starsComputer And Technology Sector178th out of 599 stocksManagement Consulting Services Industry8th out of 15 stocks 3.3 Analyst's Opinion Consensus RatingCGI has received a consensus rating of Buy. The company's average rating score is 2.50, and is based on 1 buy rating, 1 hold rating, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $139.11, CGI has a forecasted upside of 33.7% from its current price of $104.07.Amount of Analyst CoverageCGI has received no research coverage in the past 90 days. Previous Next 2.0 Short Interest Percentage of Shares Shorted0.46% of the float of CGI has been sold short.Short Interest Ratio / Days to CoverCGI has a short interest ratio ("days to cover") of 6.1.Change versus previous monthShort interest in CGI has recently increased by 19.05%, indicating that investor sentiment is decreasing significantly. Previous Next 0.0 Dividend Strength Dividend YieldCGI does not currently pay a dividend.Dividend GrowthCGI does not have a long track record of dividend growth. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for GIB. Previous Next 3.3 News and Social Media Coverage News SentimentCGI has a news sentiment score of 1.02. 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 0.51 average news sentiment score of Computer and Technology companies.News Coverage This WeekMarketBeat has tracked 5 news articles for CGI this week, compared to 3 articles on an average week.Search Interest7 people have searched for GIB on MarketBeat in the last 30 days. This is an increase of 133% compared to the previous 30 days.MarketBeat FollowsOnly 1 people have added CGI to their MarketBeat watchlist in the last 30 days. This is a decrease of -80% compared to the previous 30 days. Previous Next 0.8 Company Ownership Insider Buying vs. Insider SellingIn the past three months, CGI insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 9.90% of the stock of CGI is held by insiders.Percentage Held by Institutions48.54% of the stock of CGI is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 2.5 Earnings and Valuation Earnings GrowthEarnings for CGI are expected to grow by 10.15% in the coming year, from $5.22 to $5.75 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of CGI is 21.59, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 136.49.Price to Earnings Ratio vs. SectorThe P/E ratio of CGI is 21.59, 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 321.28.Price to Earnings Growth RatioCGI has a PEG Ratio of 2.12. PEG Ratios above 1 indicate that a company could be overvalued.Price to Book Value per Share RatioCGI has a P/B Ratio of 4.36. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About CGI (NYSE:GIB) StockCGI, Inc. engages in the provision of information technology and consulting services. It operates through the following segments: Western and Southern Europe, U.S. Commercial and State Government, Canada, U.S. Federal, Scandinavia and Central Europe, UK and Australia; Finland, Poland, and Baltics, Northwest and Central-East Europe, and Asia Pacific. The company was founded by Serge Godin and Andre Imbeau in June 1976 and is headquartered in Montreal, Canada.Read More Receive GIB Stock News and Ratings via Email Sign-up to receive the latest news and ratings for CGI and its competitors with MarketBeat's FREE daily newsletter. Email Address GIB Stock News HeadlinesJune 6, 2023 | finance.yahoo.comNacha Announces CGI as a Preferred Partner for Data InnovationJune 5, 2023 | tmcnet.comColumbus Metropolitan Housing Authority and CGI Federal partnerJune 9, 2023 | Vantage Point (Ad)Unlock Profit Potential: Find Hidden Trade Opportunities Using A.I.There’s a tool that scans and picks the best stocks…how you approach the trades is up to you. But when you’re forecasting 1 – 3 days in advance, it’s not really a guessing game. Stop guessing and start predicting to add consistency to your trades… no matter what happens in the market. June 5, 2023 | finance.yahoo.comColumbus Metropolitan Housing Authority and CGI Federal partner with Central State University to create a new affordable housing internship program, "The Collaborative"May 31, 2023 | finance.yahoo.comCGI Federal successfully demonstrates Microsoft Azure Orbital Cloud Access and Nokia Private 5G communications to support U.S. Marine Corps logisticsMay 25, 2023 | ca.finance.yahoo.comStocks in play: CGI Inc.May 24, 2023 | finance.yahoo.comCGI and Connect for Health Colorado mark 10 years of partnershipMay 23, 2023 | finance.yahoo.comCGI to welcome Sophie Brochu to its Board of DirectorsJune 9, 2023 | Vantage Point (Ad)Unlock Profit Potential: Find Hidden Trade Opportunities Using A.I.There’s a tool that scans and picks the best stocks…how you approach the trades is up to you. But when you’re forecasting 1 – 3 days in advance, it’s not really a guessing game. Stop guessing and start predicting to add consistency to your trades… no matter what happens in the market. May 18, 2023 | americanbankingnews.comCGI (NYSE:GIB) Coverage Initiated by Analysts at StockNews.comMay 18, 2023 | americanbankingnews.comLichen China (NASDAQ:LICN) and CGI (NYSE:GIB) Head-To-Head ContrastMay 11, 2023 | finance.yahoo.comCity of Mesa digitally transforms its business-critical systems with CGI Advantage®May 10, 2023 | marketwatch.comCGI Inc. Cl A stock rises Wednesday, outperforms marketMay 6, 2023 | americanbankingnews.comComparing CGI (NYSE:GIB) & Monarch America (OTCMKTS:BTFL)May 2, 2023 | finance.yahoo.comState of Iowa announces partnership with CGI for migrating financial management system to the cloudApril 30, 2023 | americanbankingnews.comDesjardins Weighs in on CGI Inc.'s FY2023 Earnings (NYSE:GIB)April 29, 2023 | nasdaq.comCGI Inc - Class A Shares Close in on 52-Week High - Market MoverApril 29, 2023 | marketwatch.comCGI Inc. Cl A stock falls Friday, underperforms marketApril 29, 2023 | americanbankingnews.comCGI Inc. (NYSE:GIB) Expected to Earn Q3 2023 Earnings of $1.29 Per ShareApril 28, 2023 | americanbankingnews.comNational Bank Financial Comments on CGI Inc.'s Q3 2023 Earnings (NYSE:GIB)April 27, 2023 | finance.yahoo.comCGI Group (GIB) Q2 Earnings Beat Estimates, Revenues Up Y/YApril 26, 2023 | seekingalpha.comCGI Inc. 2023 Q2 - Results - Earnings Call PresentationApril 26, 2023 | finance.yahoo.comCGI reports strong second quarter Fiscal 2023 resultsApril 26, 2023 | finance.yahoo.comCGI Group (GIB) Surpasses Q2 Earnings and Revenue EstimatesApril 25, 2023 | finance.yahoo.comCGI and Fraport AG partner to accelerate the digitization of operations at Frankfurt AirportApril 25, 2023 | americanbankingnews.comCGI (GIB) to Release Quarterly Earnings on WednesdayApril 24, 2023 | finance.yahoo.comCGI Group (GIB) to Report Q2 Earnings: What's in Store?See More Headlines GIB Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart GIB Company Calendar Last Earnings11/10/2021Today6/09/2023Next Earnings (Estimated)7/26/2023Fiscal Year End9/30/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE Industry Management consulting services Sub-IndustryN/A SectorComputer and Technology Current SymbolNYSE:GIB CUSIPN/A CIK1061574 Webwww.cgi.com Phone(514) 841-3200Fax703-267-8679Employees90,000Year Founded1976Price Target and Rating Average Stock Price Forecast$139.11 High Stock Price Forecast$146.00 Low Stock Price Forecast$125.00 Forecasted Upside/Downside+34.4%Consensus RatingModerate Buy Rating Score (0-4)2.50 Research Coverage2 Analysts Profitability EPS (Most Recent Fiscal Year)$4.82 Trailing P/E Ratio21.47 Forward P/E Ratio19.82 P/E Growth2.12Net Income$1.15 billion Net Margins11.18% Pretax Margin15.03% Return on Equity20.81% Return on Assets10.10% Debt Debt-to-Equity Ratio0.30 Current Ratio1.08 Quick Ratio0.81 Sales & Book Value Annual Sales$10.08 billion Price / Sales2.42 Cash Flow$6.41 per share Price / Cash Flow16.15 Book Value$23.86 per share Price / Book4.34Miscellaneous Outstanding Shares235,480,000Free Float212,170,000Market Cap$24.37 billion OptionableOptionable Beta0.92 Social Links Key ExecutivesJulie GodinCo-Chairman & EVP-Strategic PlanningGeorge D. SchindlerCo-President, Chief Executive Officer & DirectorJean-Michel BaticleCo-President & Co-Chief Operating OfficerFrancois BoulangerCo-President & Chief Operating OfficerSteve PerronChief Financial Officer & Executive Vice PresidentKey CompetitorsFortiveNYSE:FTVMonolithic Power SystemsNASDAQ:MPWRVeriSignNASDAQ:VRSNVodafone Group PublicNASDAQ:VODHubSpotNYSE:HUBSView All CompetitorsInstitutional OwnershipEmpower Advisory Group LLCBought 11,597 shares on 5/25/2023Ownership: 0.005%Toroso Investments LLCBought 2,950 shares on 5/23/2023Ownership: 0.001%Ameriprise Financial Inc.Bought 368 shares on 5/22/2023Ownership: 0.004%Power Corp of CanadaSold 8,100 shares on 5/19/2023Ownership: 0.013%Harvest Portfolios Group Inc.Bought 3,500 shares on 5/18/2023Ownership: 0.001%View All Institutional Transactions GIB Stock - Frequently Asked Questions Should I buy or sell CGI stock right now? 2 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for CGI in the last twelve months. There are currently 1 hold rating and 1 buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" GIB shares. View GIB analyst ratings or view top-rated stocks. What is CGI's stock price forecast for 2023? 2 equities research analysts have issued twelve-month target prices for CGI's stock. Their GIB share price forecasts range from $125.00 to $146.00. On average, they expect the company's stock price to reach $139.11 in the next twelve months. This suggests a possible upside of 34.4% 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 2023. Since then, GIB stock has increased by 20.1% and is now trading at $103.47. View the best growth stocks for 2023 here. Are investors shorting CGI? CGI saw a increase in short interest during the month of May. As of May 15th, there was short interest totaling 958,200 shares, an increase of 19.0% from the April 30th total of 804,900 shares. Based on an average trading volume of 157,000 shares, the days-to-cover ratio is presently 6.1 days. Currently, 0.5% of the company's shares 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, July 26th 2023. View our GIB earnings forecast. How were CGI's earnings last quarter? CGI Inc. (NYSE:GIB) announced its quarterly earnings results on Wednesday, November, 10th. The technology company reported $1.13 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.09 by $0.04. The technology company earned $2.39 billion during the quarter, compared to analyst estimates of $2.38 billion. CGI had a trailing twelve-month return on equity of 20.81% and a net margin of 11.18%. During the same period in the previous year, the company earned $0.92 EPS. What ETFs hold CGI's stock? ETFs with the largest weight of CGI (NYSE:GIB) stock in their portfolio include iShares International Equity Factor ETF (INTF), iShares MSCI Intl Value Factor ETF (IVLU), BlackRock World ex U.S. Carbon Transition Readiness ETF (LCTD) and iShares MSCI Intl Quality Factor ETF (IQLT).iShares Expanded Tech Sector ETF (IGM). 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). What is CGI's stock symbol? CGI trades on the New York Stock Exchange (NYSE) under the ticker symbol "GIB." Who are CGI's major shareholders? CGI's stock is owned by a variety of retail and institutional investors. Top institutional investors include Caisse DE Depot ET Placement DU Quebec (7.95%), FIL Ltd (3.90%), Jarislowsky Fraser Ltd (2.81%), Mackenzie Financial Corp (2.06%), National Bank of Canada FI (1.66%) and Fiera Capital Corp (1.54%). 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. What is CGI's stock price today? One share of GIB stock can currently be purchased for approximately $103.47. How much money does CGI make? CGI (NYSE:GIB) has a market capitalization of $24.37 billion and generates $10.08 billion in revenue each year. The technology company earns $1.15 billion in net income (profit) each year or $4.82 on an earnings per share basis. How many employees does CGI have? The company employs 90,000 workers across the globe. 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 How can I contact CGI? CGI's mailing address is 1350 RENE LEVESQUE BOULEVARD WEST 25TH FLOOR, MONTREAL A8, H3G 1T4. The official website for the company is www.cgi.com. The technology company can be reached via phone at (514) 841-3200, via email at lorne.gorber@cgi.com, or via fax at 703-267-8679. This page (NYSE:GIB) was last updated on 6/9/2023 by MarketBeat.com Staff Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. 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