NYSE:GIBCGI Stock Price, Forecast & News

CGI's stock was trading at $66.21 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization (WHO). Since then, GIB stock has decreased by 3.4% and is now trading at $63.95. View which stocks have been most impacted by Coronavirus.

11 Wall Street analysts have issued "buy," "hold," and "sell" ratings for CGI in the last year. There are currently 1 sell rating, 2 hold ratings and 8 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for CGI.

CGI is scheduled to release its next quarterly earnings announcement on Wednesday, July 29th 2020. View our earnings forecast for CGI.

CGI will be holding an earnings conference call on Wednesday, July 29th at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

CGI Inc (NYSE:GIB) announced its quarterly earnings results on Wednesday, April, 29th. The technology company reported $1.26 earnings per share for the quarter, topping the Zacks' consensus estimate of $0.88 by $0.38. The technology company earned $3.13 billion during the quarter, compared to the consensus estimate of $3.13 billion. CGI had a return on equity of 19.58% and a net margin of 10.10%. CGI's revenue for the quarter was up 2.0% on a year-over-year basis. During the same quarter in the prior year, the firm earned $1.17 earnings per share. View CGI's earnings history.

11 analysts have issued 12 month target prices for CGI's shares. Their forecasts range from $90.00 to $117.00. On average, they anticipate CGI's stock price to reach $102.55 in the next year. This suggests a possible upside of 60.4% from the stock's current price. View analysts' price targets for CGI.

News articles about GIB stock have trended somewhat negative recently, InfoTrie Sentiment reports. The research firm identifies negative and positive news coverage by monitoring more than six thousand news and blog sources. The firm ranks coverage of companies on a scale of -5 to 5, with scores closest to five being the most favorable. CGI earned a news impact score of -1.8 on InfoTrie's scale. They also gave news headlines about the technology company a news buzz of 0.0 out of 10, meaning that recent news coverage is extremely unlikely to have an impact on the stock's share price in the next few days. View the latest news about CGI.

CGI saw a increase in short interest in the month of June. As of June 30th, there was short interest totaling 2,070,000 shares, an increase of 8.9% from the June 15th total of 1,900,000 shares. Based on an average daily trading volume, of 325,800 shares, the days-to-cover ratio is currently 6.4 days. Currently, 0.9% of the shares of the stock are short sold. View CGI's Current Options Chain.

Some companies that are related to CGI include Capgemini (CGEMY), Booz Allen Hamilton (BAH), Genpact (G), FTI Consulting (FCN), Exponent (EXPO), NIC (EGOV), ICF International (ICFI), Huron Consulting Group (HURN), Apollo Medical (AMEH), RMR Group (RMR), The Hackett Group (HCKT), Diamond Eagle Acquisition (ATCX), Blackrock Capital Investment (BKCC), Avalon Globocare (AVCO) and Information Services Group (III). View all competitors.

Based on aggregate information from My MarketBeat watchlists, some companies that other CGI investors own include CGI (GIB.A), HEXO (HEXO), IBM (IBM), Mcdonald's (MCD), NVIDIA (NVDA), Cognizant Technology Solutions (CTSH), Home Depot (HD), Energy Transfer LP Unit (ET), Visa (V) and BCE (BCE).

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

CGI's stock is owned by many different institutional and retail investors. Top institutional shareholders include Addenda Capital Inc. (0.20%), Envestnet Asset Management Inc. (0.06%) and Hexavest Inc. (0.04%).

GIB stock was sold by a variety of institutional investors in the last quarter, including Envestnet Asset Management Inc., and Hexavest Inc..

GIB stock was purchased by a variety of institutional investors in the last quarter, including Addenda Capital Inc..

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, Robinhood, Fidelity, and Charles Schwab.

One share of GIB stock can currently be purchased for approximately $63.95.

CGI has a market capitalization of $16.57 billion and generates $9.12 billion in revenue each year. The technology company earns $951.45 million in net income (profit) each year or $3.54 on an earnings per share basis. CGI employs 77,500 workers across the globe.

The official website for CGI is www.cgi.com.

CGI's mailing address is 1350 RENE LEVESQUE BOULEVARD WEST 25TH FLOOR, MONTREAL A8, H3G 1T4. The technology company can be reached via phone at 514-841-3200 or via email at [email protected]