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 stock has decreased by 3.7% and is now trading at $63.76. 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) issued its quarterly earnings data on Wednesday, April, 29th. The technology company reported $1.26 earnings per share (EPS) for the quarter, beating the 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%. The company's revenue was up 2.0% on a year-over-year basis. During the same period in the previous year, the business earned $1.17 EPS. View CGI's earnings history.

11 brokerages have issued twelve-month price objectives for CGI's shares. 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 60.8% from the stock's current price. View analysts' price targets for CGI.

Media headlines about GIB stock have trended negative recently, InfoTrie reports. The research group ranks the sentiment of media coverage by monitoring more than six thousand news and blog sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores closest to five being the most favorable. CGI earned a news impact score of -2.4 on InfoTrie's scale. They also assigned news headlines 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 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 presently 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 retail and institutional 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 bought 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 $63.76.

CGI has a market capitalization of $16.52 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]