How have GIB shares performed this year?

CGI's stock was trading at $107.21 at the beginning of the year. Since then, GIB shares have increased by 1.5% and is now trading at $108.81. View the best growth stocks for 2024 here .

How were CGI's earnings last quarter?

CGI Inc. (NYSE:GIB) released its quarterly earnings results on Wednesday, May, 1st. The technology company reported $1.46 earnings per share for the quarter, beating analysts' consensus estimates of $1.44 by $0.02. The technology company earned $2.77 billion during the quarter, compared to analysts' expectations of $2.79 billion. CGI had a net margin of 11.38% and a trailing twelve-month return on equity of 20.43%.

Does CGI have any subsidiaries?

CGI subsidiaries include these companies: ckc group, Facilité Informatique, Summa Technologies, CTS Inc., Collaborative Consulting, Logica, Stanley, and more.

Who are CGI's major shareholders?

CGI's top institutional shareholders include QV Investors Inc. (0.27%), Addenda Capital Inc. (0.18%), Cidel Asset Management Inc. (0.11%) and Bank of New York Mellon Corp (0.10%).

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 .

What other stocks do shareholders of CGI own?

Based on aggregate information from My MarketBeat watchlists, some other companies that CGI investors own include CGI (GIB.A) , International Business Machines (IBM) , NVIDIA (NVDA) , Home Depot (HD) , McDonald's (MCD) and Cisco Systems (CSCO) .

NYSE:GIB

CGI (GIB) Stock Price, News & Analysis

$108.81

+0.93 (+0.86%)

(As of 07/26/2024 ET)

Compare

Today's Range: $108.30
▼
$109.72
50-Day Range: $98.02
▼
$108.81
52-Week Range: $93.07
▼
$118.89

Volume: 172,945 shs
Average Volume: 140,745 shs
Market Capitalization: $25.11 billion

P/E Ratio: 20.97
Dividend Yield: N/A
Price Target: $132.67

Get CGI alerts:

CGI MarketRank™ Stock Analysis

Analyst Rating: Moderate Buy
2.50 Rating Score
Upside/Downside: 21.9% Upside
$132.67 Price Target
Short Interest: Bearish
0.60% of Float Sold Short
Dividend Strength: N/A
Sustainability: N/A
News Sentiment: 0.52
Based on 15 Articles This Week
Insider Trading: N/A
Proj. Earnings Growth: 8.42%
From $5.58 to $6.05 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.

1.91 out of 5 stars

Computer And Technology Sector

462nd out of 612 stocks

Management Consulting Services Industry

13th out of 19 stocks

2.3

Analyst's Opinion

Consensus Rating
CGI has received a consensus rating of Moderate Buy. The company's average rating score is 2.50, and is based on 2 buy ratings, 2 hold ratings, and no sell ratings.
Amount of Analyst Coverage
CGI has only been the subject of 4 research reports in the past 90 days.
Read more about CGI's stock forecast and price target.

2.0

Short Interest

Percentage of Shares Shorted
0.60% 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 7.
Change versus previous month
Short interest in CGI has recently increased by 2.52%, indicating that investor sentiment is decreasing.

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.

2.0

News and Social Media Coverage

News Sentiment
CGI has a news sentiment score of 0.52. 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 news sentiment score is similar to the average news sentiment of Computer and Technology companies.
News Coverage This Week
MarketBeat has tracked 15 news articles for CGI this week, compared to 4 articles on an average week.
Search Interest
Only 1 people have searched for GIB on MarketBeat in the last 30 days. This is a decrease of -67% 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.
Read more about CGI's insider trading history.

2.5

Earnings and Valuation

Earnings Growth
Earnings for CGI are expected to grow by 8.42% in the coming year, from $5.58 to $6.05 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of CGI is 20.97, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 131.17.
Price to Earnings Ratio vs. Sector
The P/E ratio of CGI is 20.97, 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 222.75.
Price to Earnings Growth Ratio
CGI has a PEG Ratio of 2.50. 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 4.12. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.
Read more about CGI's valuation and earnings.

See Top Rated MarketRank™ Stocks Here

Ad True Market Insiders

The #1 Crypto for 2024 (3 Cent Coin)

Chris Rowe – the man who recommended Amazon in 1998… Bitcoin and Ethereum in 2017… And has spotted 44 different coins that have returned over 100%... Today, he is now making the biggest crypto call of his ENTIRE career…

Click For My #1 FREE Crypto for 2024

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

July 25 at 6:30 AM | prnewswire.com

CGI continues technology modernization initiatives for the Environmental Protection Agency

July 24 at 6:30 AM | prnewswire.com

CGI to release third quarter fiscal 2024 results on July 31

July 27, 2024 | True Market Insiders (Ad)

The #1 Crypto for 2024 (3 Cent Coin)

July 24 at 4:15 AM | americanbankingnews.com

CGI (GIB) Scheduled to Post Earnings on Wednesday

July 23, 2024 | prnewswire.com

CGI positioned as a Major Player for Worldwide Business Consulting Services in IDC MarketScape Report

July 22, 2024 | stockhouse.com

CGI announces Agile Catalyst(TM) framework for U.S. federal agencies

July 22, 2024 | prnewswire.com

CGI announces Agile Catalyst™ framework for U.S. federal agencies

July 20, 2024 | americanbankingnews.com

CGI (NYSE:GIB) Coverage Initiated by Analysts at UBS Group

July 27, 2024 | True Market Insiders (Ad)

The #1 Crypto for 2024 (3 Cent Coin)

July 19, 2024 | americanbankingnews.com

Q3 2024 EPS Estimates for CGI Inc. (NYSE:GIB) Decreased by National Bank Financial

July 18, 2024 | prnewswire.com

Bladex selects CGI as partner for trade finance business evolution, enabled by the CGI Trade360® global technology platform

July 18, 2024 | prnewswire.com

Bladex Selects CGI as Partner for Trade Finance Business Evolution, Enabled by the CGI Trade360® Global Technology Platform

July 18, 2024 | americanbankingnews.com

Jefferies Financial Group Increases CGI (NYSE:GIB) Price Target to $121.00

July 17, 2024 | prnewswire.com

CGI wins Business Value Award by the DevOps Agile Skills Association (DASA)

July 16, 2024 | prnewswire.com

City of Austin Selects CGI to upgrade business management systems to CGI Advantage®

July 12, 2024 | prnewswire.com

CGI modernizes financial management and procurement operations for City of Los Angeles

July 9, 2024 | prnewswire.com

State of Colorado selects CGI for payroll system modernization, empowering 33,000 state employees with enhanced efficiency

July 4, 2024 | prnewswire.com

CGI acquires Celero's business serving credit union clients across Canada

See More Headlines

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.

Company Calendar

Last Earnings: 5/01/2024
Today: 7/26/2024
Next Earnings (Confirmed): 7/31/2024
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: Business Services
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

Price Target and Rating

Average Stock Price Target: $132.67
High Stock Price Target: $165.00
Low Stock Price Target: $112.00
Potential Upside/Downside: +21.9%
Consensus Rating: Moderate Buy
Rating Score (0-4): 2.50
Research Coverage: 4 Analysts

Profitability

EPS (Most Recent Fiscal Year): $5.19
Trailing P/E Ratio: 20.97
Forward P/E Ratio: 19.50
P/E Growth: 2.48
Net Income: $1.21 billion
Net Margins: 11.38%
Pretax Margin: 15.34%
Return on Equity: 20.43%
Return on Assets: 11.00%

Debt

Debt-to-Equity Ratio: 0.22
Current Ratio: 1.17
Quick Ratio: 0.86

Sales & Book Value

Annual Sales: $10.60 billion
Price / Sales: 2.37
Cash Flow: $7.11 per share
Price / Cash Flow: 15.31
Book Value: $26.43 per share
Price / Book: 4.12

Miscellaneous

Outstanding Shares: 230,770,000
Free Float: 207,920,000
Market Cap: $25.11 billion
Optionable: Optionable
Beta: 0.95

Social Links

7 Stocks to Own Before the 2024 Election

Looking to avoid the hassle of mudslinging, volatility, and uncertainty? You'd need to be out of the market, which isn’t viable. So where should investors put their money? Find out with this report.

Get This Free Report

Key Executives

Mr. Serge Godin (Age 75)
Founder & Executive Chairman of the Board
Comp: $1.88M
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: $3.74M
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

GIB Stock Analysis - Frequently Asked Questions

How have GIB shares performed this year?: CGI's stock was trading at $107.21 at the beginning of the year. Since then, GIB shares have increased by 1.5% and is now trading at $108.81.
View the best growth stocks for 2024 here.
How were CGI's earnings last quarter?: CGI Inc. (NYSE:GIB) released its quarterly earnings results on Wednesday, May, 1st. The technology company reported $1.46 earnings per share for the quarter, beating analysts' consensus estimates of $1.44 by $0.02. The technology company earned $2.77 billion during the quarter, compared to analysts' expectations of $2.79 billion. CGI had a net margin of 11.38% and a trailing twelve-month return on equity of 20.43%.
Does CGI have any subsidiaries?: CGI subsidiaries include these companies: ckc group, Facilité Informatique, Summa Technologies, CTS Inc., Collaborative Consulting, Logica, Stanley, and more.
Who are CGI's major shareholders?: CGI's top institutional shareholders include QV Investors Inc. (0.27%), Addenda Capital Inc. (0.18%), Cidel Asset Management Inc. (0.11%) and Bank of New York Mellon Corp (0.10%).
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.
What other stocks do shareholders of CGI own?: Based on aggregate information from My MarketBeat watchlists, some other companies that CGI investors own include CGI (GIB.A), International Business Machines (IBM), NVIDIA (NVDA), Home Depot (HD), McDonald's (MCD) and Cisco Systems (CSCO).