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 increased by 5.6% and is now trading at $69.89.
View which stocks have been most impacted by COVID-19.

10 Wall Street analysts have issued "buy," "hold," and "sell" ratings for CGI in the last year. There are currently 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, November 4th 2020.
View our earnings forecast for CGI.

CGI Inc (NYSE:GIB) issued its quarterly earnings data on Wednesday, July, 29th. The technology company reported $1.18 earnings per share (EPS) for the quarter, topping the Thomson Reuters' consensus estimate of $0.84 by $0.34. The technology company had revenue of $3.05 billion for the quarter, compared to analysts' expectations of $3 billion. CGI had a return on equity of 18.99% and a net margin of 9.77%. The company's revenue was down 2.2% on a year-over-year basis. During the same period last year, the business earned $1.22 EPS.
View CGI's earnings history.

10 brokers have issued 1-year target prices for CGI's shares. Their forecasts range from $79.75 to $114.00. On average, they expect CGI's stock price to reach $99.83 in the next twelve months. This suggests a possible upside of 42.8% from the stock's current price.
View analysts' price targets for CGI.

Press coverage about GIB stock has trended positive this week, according to InfoTrie Sentiment Analysis. The research group ranks the sentiment of media coverage by analyzing more than six thousand news and blog sources. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores nearest to five being the most favorable. CGI earned a news impact score of 2.7 on InfoTrie's scale. They also assigned media coverage about the technology company a news buzz of 10.0 out of 10, meaning that recent media coverage is extremely likely to have an effect on the stock's share price in the immediate future.
View the latest news about CGI.

CGI saw a decline in short interest in May. As of May 15th, there was short interest totaling 1,960,000 shares, a decline of 10.5% from the April 30th total of 2,190,000 shares. Based on an average daily trading volume, of 388,700 shares, the short-interest ratio is currently 5.0 days. Currently, 0.9% of the shares of the company are short sold.
View CGI's Short Interest.

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

Based on aggregate information from My MarketBeat watchlists, some companies that other CGI investors own include CGI (GIB.A), NVIDIA (NVDA), HEXO (HEXO), IBM (IBM), Mcdonald's (MCD), Broadcom (AVGO), Home Depot (HD), AbbVie (ABBV), Applied Materials (AMAT) and Cisco Systems (CSCO).

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

CGI's stock is owned by a variety of retail and institutional investors. Top institutional investors include Jarislowsky Fraser Ltd (3.28%), FIL Ltd (2.25%), Bank of Montreal Can (2.17%), TD Asset Management Inc. (1.46%), FMR LLC (1.19%) and Guardian Capital LP (0.63%).

GIB stock was sold by a variety of institutional investors in the last quarter, including Goldman Sachs Group Inc., Toronto Dominion Bank, Sumitomo Mitsui Trust Holdings Inc., TD Asset Management Inc., Alberta Investment Management Corp, M&G Investment Management Ltd., Bank of Montreal Can, and Aigen Investment Management LP.

GIB stock was bought by a variety of institutional investors in the last quarter, including FMR LLC, QV Investors Inc., Jarislowsky Fraser Ltd, FIL Ltd, Guardian Capital LP, BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp, Swiss National Bank, and Skandinaviska Enskilda Banken AB publ .

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 $69.89.

CGI has a market capitalization of $18.11 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]