Idea Engine NYSE:GIB CGI - GIB Stock Forecast, Price & News Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Adding CGI Inc. Please log in to your account or sign up in order to add this asset to your watchlist. $91.23 -0.35 (-0.38%) (As of 02/8/2023 12:50 PM ET) Add Compare Share Share Today's Range$90.62▼$91.8650-Day Range$84.41▼$91.5852-Week Range$72.23▼$91.86Volume39,722 shsAverage Volume137,174 shsMarket Capitalization$21.70 billionP/E Ratio19.29Dividend YieldN/APrice Target$139.11 ProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial Media CGI MarketRank™ ForecastAnalyst RatingModerate Buy2.67 Rating ScoreUpside/Downside52.3% Upside$139.11 Price TargetShort InterestHealthy0.49% of Float Sold ShortDividend StrengthN/ASustainabilityN/ANews Sentiment0.59Based on 36 Articles This WeekInsider TradingN/AProj. Earnings Growth3.34%From $5.39 to $5.57 Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.2.41 out of 5 starsComputer And Technology Sector157th out of 610 stocksManagement Consulting Services Industry7th out of 16 stocks 3.3 Analyst's Opinion Consensus RatingCGI has received a consensus rating of Buy. The company's average rating score is 2.67, and is based on 2 buy ratings, 1 hold rating, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $139.11, CGI has a forecasted upside of 52.3% from its current price of $91.37.Amount of Analyst CoverageCGI has only been the subject of 1 research reports in the past 90 days. Previous Next 4.0 Short Interest Percentage of Shares Shorted0.49% of the float of CGI has been sold short.Short Interest Ratio / Days to CoverCGI has a short interest ratio ("days to cover") of 8.1.Change versus previous monthShort interest in CGI has recently decreased by 8.11%, indicating that investor sentiment is improving significantly. Previous Next 0.0 Dividend Strength Dividend YieldCGI does not currently pay a dividend.Dividend GrowthCGI does not have a long track record of dividend growth. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for GIB. Previous Next 3.1 News and Social Media Coverage News SentimentCGI has a news sentiment score of 0.59. 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 is a higher news sentiment than the 0.45 average news sentiment score of Computer and Technology companies.News Coverage This WeekMarketBeat has tracked 36 news articles for CGI this week, compared to 2 articles on an average week.Search Interest3 people have searched for GIB on MarketBeat in the last 30 days. This is an increase of 200% compared to the previous 30 days.MarketBeat FollowsOnly 6 people have added CGI to their MarketBeat watchlist in the last 30 days. This is a decrease of -14% compared to the previous 30 days. Previous Next 0.8 Company Ownership Insider Buying vs. Insider SellingIn the past three months, CGI insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 9.90% of the stock of CGI is held by insiders.Percentage Held by Institutions48.54% of the stock of CGI is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 1.9 Earnings and Valuation Earnings GrowthEarnings for CGI are expected to grow by 3.34% in the coming year, from $5.39 to $5.57 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of CGI is 19.32, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 138.14.Price to Earnings Ratio vs. SectorThe P/E ratio of CGI is 19.32, 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 351.02.Price to Earnings Growth RatioCGI has a PEG Ratio of 1.74. PEG Ratios above 1 indicate that a company could be overvalued.Price to Book Value per Share RatioCGI has a P/B Ratio of 3.74. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About CGI (NYSE:GIB) StockCGI, Inc. engages in the provision of information technology and consulting services. It operates through the following segments: Western and Southern Europe, U.S. Commercial and State Government, Canada, U.S. Federal, Scandinavia and Central Europe, UK and Australia; Finland, Poland, and Baltics, Northwest and Central-East Europe, and Asia Pacific. The company was founded by Serge Godin and Andre Imbeau in June 1976 and is headquartered in Montreal, Canada.Read More 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. Email Address GIB Stock News HeadlinesFebruary 7, 2023 | americanbankingnews.comCGI Inc. (NYSE:GIB) Forecasted to Post FY2023 Earnings of $5.13 Per ShareFebruary 6, 2023 | finance.yahoo.comCGI to partner with Poland on its energy sector transformation through delivery of a new Central Energy Market Information SystemFebruary 8, 2023 | Investing Trends (Ad)The Biggest "Missing Ingredient" in the $7 Trillion EV MarketChina has owned the graphite market for decades. But the U.S. just added graphite to a list of super-critical minerals... "essential for America's National Defense." Perfect timing for a "made in America" graphite company looking to mine, manufacture, and recycle graphite for the booming electric car market.February 5, 2023 | americanbankingnews.comRoyal Bank of Canada Boosts CGI (NYSE:GIB) Price Target to C$145.00February 5, 2023 | americanbankingnews.comStifel Nicolaus Raises CGI (NYSE:GIB) Price Target to C$140.00February 5, 2023 | americanbankingnews.comCGI (NYSE:GIB) Price Target Raised to C$140.00February 5, 2023 | americanbankingnews.comDesjardins Equities Analysts Increase Earnings Estimates for CGI Inc. (NYSE:GIB)February 3, 2023 | americanbankingnews.comDesjardins Boosts CGI (NYSE:GIB) Price Target to C$140.00February 8, 2023 | Investing Trends (Ad)The Biggest "Missing Ingredient" in the $7 Trillion EV MarketChina has owned the graphite market for decades. But the U.S. just added graphite to a list of super-critical minerals... "essential for America's National Defense." Perfect timing for a "made in America" graphite company looking to mine, manufacture, and recycle graphite for the booming electric car market.February 3, 2023 | americanbankingnews.comCGI (NYSE:GIB) Price Target Increased to C$146.00 by Analysts at CIBCFebruary 3, 2023 | americanbankingnews.comResearch Analysts Issue Forecasts for CGI Inc.'s Q2 2023 Earnings (NYSE:GIB)February 3, 2023 | americanbankingnews.comCGI Inc. (NYSE:GIB) to Post Q2 2023 Earnings of $1.26 Per Share, Raymond James ForecastsFebruary 3, 2023 | americanbankingnews.comCGI (NYSE:GIB) Given New C$133.00 Price Target at BMO Capital MarketsFebruary 3, 2023 | americanbankingnews.comCGI (NYSE:GIB) PT Raised to C$138.00 at Raymond JamesFebruary 3, 2023 | americanbankingnews.comCGI (NYSE:GIB) Sets New 52-Week High at $90.17February 1, 2023 | finance.yahoo.comCGI reports strong first quarter Fiscal 2023 resultsFebruary 1, 2023 | americanbankingnews.comCGI (NYSE:GIB) Sees Unusually-High Trading VolumeJanuary 31, 2023 | americanbankingnews.comCGI (GIB) to Release Earnings on WednesdayJanuary 25, 2023 | finance.yahoo.comCGI announces details for its Annual General Meeting of Shareholders and release of fiscal 2023 first quarter resultsJanuary 18, 2023 | finance.yahoo.comCGI strengthens its partnership with SAP, adding "RISE with SAP" to its end-to-end services portfolioJanuary 4, 2023 | finance.yahoo.comIf EPS Growth Is Important To You, CGI (TSE:GIB.A) Presents An OpportunityDecember 16, 2022 | finance.yahoo.comCGI files 2022 Annual Disclosure DocumentsDecember 7, 2022 | finance.yahoo.comCGI opens new center of excellence to enable business and societal transformation through space and geospatial data solutionsNovember 30, 2022 | finance.yahoo.comVIA Rail Canada engages CGI for long-term partnership on its new reservation system to be launched in 2023November 17, 2022 | finance.yahoo.comIDC MarketScape names CGI as a leader in Canadian artificial intelligence (AI) servicesNovember 11, 2022 | finance.yahoo.comCGI Full Year 2022 Earnings: In Line With ExpectationsNovember 9, 2022 | finance.yahoo.comCGI reports strong fourth quarter and Fiscal 2022 resultsSee More Headlines View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart 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. Email Address GIB Company Calendar Last Earnings11/10/2021Today2/08/2023Next Earnings (Estimated)4/26/2023Fiscal Year End9/30/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE Industry Management consulting services Sub-IndustryN/A SectorComputer and Technology Current SymbolNYSE:GIB CUSIPN/A CIK1061574 Webwww.cgi.com Phone(514) 841-3200Fax703-267-8679Employees90,000Year Founded1976Price Target and Rating Average Stock Price Forecast$139.11 High Stock Price Forecast$146.00 Low Stock Price Forecast$125.00 Forecasted Upside/Downside+52.5%Consensus RatingModerate Buy Rating Score (0-4)2.67 Research Coverage3 Analysts Profitability EPS (Most Recent Fiscal Year)$4.73 Trailing P/E Ratio19.29 Forward P/E Ratio16.93 P/E Growth1.74Net Income$1.15 billion Net Margins11.20% Pretax Margin15.05% Return on Equity20.87% Return on Assets9.98% Debt Debt-to-Equity Ratio0.31 Current Ratio1.08 Quick Ratio0.84 Sales & Book Value Annual Sales$10.08 billion Price / Sales2.15 Cash Flow$6.46 per share Price / Cash Flow14.12 Book Value$24.45 per share Price / Book3.73Miscellaneous Outstanding Shares237,830,000Free Float214,284,000Market Cap$21.70 billion OptionableOptionable Beta0.92 Social Links Key ExecutivesJulie GodinCo-Chairman & EVP-Strategic PlanningGeorge D. SchindlerCo-President, Chief Executive Officer & DirectorJean-Michel BaticleCo-President & Co-Chief Operating OfficerFrancois BoulangerCo-President & Chief Operating OfficerSteve PerronChief Financial Officer & Executive Vice PresidentKey CompetitorsMonolithic Power SystemsNASDAQ:MPWRHewlett Packard EnterpriseNYSE:HPEPaycom SoftwareNYSE:PAYCUnited MicroelectronicsNYSE:UMCEPAM SystemsNYSE:EPAMView All CompetitorsInsiders & InstitutionsSwiss National BankSold 80,100 shares on 2/8/2023Ownership: 0.376%Russell Investments Group Ltd.Bought 10,577 shares on 2/8/2023Ownership: 0.074%Gulf International Bank UK LtdSold 225 shares on 2/8/2023Ownership: 0.001%LPL Financial LLCSold 232 shares on 2/7/2023Ownership: 0.002%Shell Asset Management Co.Sold 117 shares on 2/7/2023Ownership: 0.001%View All Institutional Transactions GIB Stock - Frequently Asked Questions Should I buy or sell CGI stock right now? 3 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for CGI in the last year. There are currently 1 hold rating and 2 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" GIB shares. View GIB analyst ratings or view top-rated stocks. What is CGI's stock price forecast for 2023? 3 Wall Street research analysts have issued twelve-month price objectives for CGI's shares. Their GIB share price forecasts range from $125.00 to $146.00. On average, they anticipate the company's stock price to reach $139.11 in the next year. This suggests a possible upside of 51.9% 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 2023? CGI's stock was trading at $86.13 at the start of the year. Since then, GIB shares have increased by 6.3% and is now trading at $91.58. View the best growth stocks for 2023 here. Are investors shorting CGI? CGI saw a decrease in short interest in December. As of December 30th, there was short interest totaling 1,110,000 shares, a decrease of 17.2% from the December 15th total of 1,340,000 shares. Based on an average trading volume of 130,800 shares, the days-to-cover ratio is presently 8.5 days. Approximately 0.5% of the company's stock are sold short. 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, April 26th 2023. View our GIB earnings forecast. How were CGI's earnings last quarter? CGI Inc. (NYSE:GIB) announced its quarterly earnings results on Wednesday, November, 10th. The technology company reported $1.13 EPS for the quarter, topping analysts' consensus estimates 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 20.87% and a net margin of 11.20%. During the same quarter in the prior year, the company earned $0.92 earnings per share. 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). What is CGI's stock symbol? CGI trades on the New York Stock Exchange (NYSE) under the ticker symbol "GIB." Who are CGI's major shareholders? CGI's stock is owned by many different institutional and retail investors. Top institutional shareholders include National Bank of Canada FI (1.66%), Bank of Montreal Can (1.37%), TD Asset Management Inc (0.54%), Toronto Dominion Bank (0.39%), DekaBank Deutsche Girozentrale (0.38%) and QV Investors Inc. (0.34%). 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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. Compare Top Brokerages Here. What is CGI's stock price today? One share of GIB stock can currently be purchased for approximately $91.58. How much money does CGI make? CGI (NYSE:GIB) has a market capitalization of $21.78 billion and generates $10.08 billion in revenue each year. The technology company earns $1.15 billion in net income (profit) each year or $4.73 on an earnings per share basis. How many employees does CGI have? The company employs 90,000 workers across the globe. 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.Read More How can I contact CGI? CGI's mailing address is 1350 RENE LEVESQUE BOULEVARD WEST 25TH FLOOR, MONTREAL A8, H3G 1T4. The official website for the company is www.cgi.com. The technology company can be reached via phone at (514) 841-3200, via email at lorne.gorber@cgi.com, or via fax at 703-267-8679. This page (NYSE:GIB) was last updated on 2/8/2023 by MarketBeat.com Staff Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report. Advanced Stock Screeners and Research Tools Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. Export data to Excel for your own analysis. 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