CGI (GIB) Stock Price, News & Analysis

$105.18
+0.76 (+0.73%)
(As of 05/17/2024 ET)
Today's Range
$104.00
$105.24
50-Day Range
$99.36
$118.47
52-Week Range
$93.07
$118.89
Volume
186,983 shs
Average Volume
153,000 shs
Market Capitalization
$24.44 billion
P/E Ratio
20.27
Dividend Yield
N/A
Price Target
$165.00

CGI MarketRank™ Stock Analysis

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
56.9% Upside
$165.00 Price Target
Short Interest
Bearish
0.37% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
1.66mentions of CGI in the last 14 days
Based on 3 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
8.63%
From $5.56 to $6.04 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.

3.28 out of 5 stars

Computer And Technology Sector

271st out of 597 stocks

Management Consulting Services Industry

9th out of 15 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

Q2 2024 CGI Inc Earnings Call Transcript
Bullish on CGI Inc.
GIB Apr 2024 130.000 call
GIB Mar 2024 135.000 call
See More Headlines
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Company Calendar

Last Earnings
11/10/2021
Today
5/17/2024
Next Earnings (Estimated)
7/24/2024
Fiscal Year End
9/30/2024

Industry, Sector and Symbol

Industry
Management consulting services
Sub-Industry
N/A
Employees
91,500
Year Founded
1976

Price Target and Rating

Average Stock Price Target
$165.00
High Stock Price Target
$165.00
Low Stock Price Target
$165.00
Potential Upside/Downside
+56.9%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
1 Analysts

Profitability

Net Income
$1.21 billion
Pretax Margin
15.34%

Debt

Sales & Book Value

Annual Sales
$10.60 billion
Cash Flow
$7.06 per share
Book Value
$28.24 per share

Miscellaneous

Free Float
209,319,000
Market Cap
$24.44 billion
Optionable
Optionable
Beta
0.93

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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

GIB Stock Analysis - Frequently Asked Questions

Should I buy or sell CGI stock right now?

1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for CGI in the last year. There are currently 1 buy rating for the stock. The consensus among Wall Street analysts is that investors should "buy" GIB shares.
View GIB analyst ratings
or view top-rated stocks.

What is CGI's stock price target for 2024?

1 brokerages have issued twelve-month price objectives for CGI's shares. Their GIB share price targets range from $165.00 to $165.00. On average, they predict the company's stock price to reach $165.00 in the next year. This suggests a possible upside of 56.9% 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 2024?

CGI's stock was trading at $107.21 at the beginning of the year. Since then, GIB shares have decreased by 1.9% and is now trading at $105.18.
View the best growth stocks for 2024 here
.

Are investors shorting CGI?

CGI saw a decline in short interest during the month of April. As of April 15th, there was short interest totaling 712,000 shares, a decline of 13.7% from the March 31st total of 825,100 shares. Based on an average daily volume of 148,700 shares, the days-to-cover ratio is currently 4.8 days. Currently, 0.4% of the company's stock 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, July 24th 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, 10th. The technology company reported $1.13 earnings per share for the quarter, beating the consensus estimate of $1.09 by $0.04. The technology company had revenue of $2.39 billion for the quarter, compared to analysts' expectations of $2.38 billion. CGI had a trailing twelve-month return on equity of 20.43% and a net margin of 11.38%. During the same period in the previous year, the company earned $0.92 EPS.

What ETF holds CGI's stock?

iShares International Equity Factor ETF holds 65,176 shares of GIB stock, representing 0.62% 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 variety of retail and institutional investors. Top institutional investors include Vanguard Group Inc. (3.27%), National Bank of Canada FI (1.59%), TD Asset Management Inc (0.93%), 1832 Asset Management L.P. (0.59%), Guardian Capital LP (0.32%) and Janus Henderson Group PLC (0.30%).

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.
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This page (NYSE:GIB) was last updated on 5/17/2024 by MarketBeat.com Staff

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