NYSE:GIBCGI Stock Price, Forecast & News

CGI's stock was trading at $66.21 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization (WHO). Since then, GIB shares have 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) released its quarterly earnings results on Wednesday, April, 29th. The technology company reported $1.26 earnings per share (EPS) 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 analysts' expectations of $3.13 billion. CGI had a net margin of 10.10% and a return on equity of 19.58%. CGI's quarterly revenue was up 2.0% compared to the same quarter last year. During the same quarter last year, the firm posted $1.17 EPS. View CGI's earnings history.

11 brokers have issued 1-year price targets for CGI's stock. Their forecasts range from $90.00 to $117.00. On average, they expect CGI's stock price to reach $102.55 in the next twelve months. This suggests a possible upside of 60.4% from the stock's current price. View analysts' price targets for CGI.

Media coverage about GIB stock has trended negative this week, according to InfoTrie Sentiment Analysis. The research group ranks the sentiment of news coverage by analyzing more than six thousand blog and news sources in real time. The firm ranks coverage of companies on a scale of -5 to 5, with scores nearest to five being the most favorable. CGI earned a media sentiment score of -2.4 on InfoTrie's scale. They also assigned news articles about the technology company a news buzz of 10.0 out of 10, indicating that recent news coverage is extremely likely 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 trading volume of 325,800 shares, the days-to-cover ratio is presently 6.4 days. Approximately 0.9% of the company's shares are sold short. 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 a number of retail and institutional investors. Top institutional investors 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]