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NYSE:GIB - CGI Stock Price, Forecast & News

$50.21
-1.99 (-3.81 %)
(As of 03/29/2020 07:21 AM ET)
Today's Range
$49.05
Now: $50.21
$51.07
50-Day Range
$46.85
MA: $67.46
$78.19
52-Week Range
$46.32
Now: $50.21
$87.13
Volume605,216 shs
Average Volume485,767 shs
Market Capitalization$13.52 billion
P/E Ratio14.72
Dividend YieldN/A
Beta0.61
CGI Inc., together with its subsidiaries, provides information technology (IT) and business process services in Canada, Northern Europe, France, the United States, the United Kingdom, Europe, and the Asia Pacific. Its services include the management of IT and business outsourcing, systems integration and consulting, and software solutions selling activities. The company also offers application development, management, testing, portfolio management, and modernization services; business consulting, including agile, business transformation, change management, CIO advisory, cybersecurity, data analytics, digital enterprise, project management, and industry-specific services; and a suite of business process services designed to address the needs of specific industries, as well as IT infrastructure consulting, solutions, and services. It serves clients operating in government, financial services, health, utility, communication, oil and gas, manufacturing, retail and consumer service, transportation, and post and logistics sectors. The company was formerly known as CGI Group Inc. and changed its name to CGI Inc. in January 2019. CGI Inc. was founded in 1976 and is headquartered in Montreal, Canada.
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Industry, Sector and Symbol

Industry Management consulting services
Sub-IndustryN/A
SectorComputer and Technology
CUSIPN/A
Phone514-841-3200

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$9.12 billion
Cash Flow$4.57 per share
Book Value$19.25 per share

Profitability

Net Income$951.45 million

Miscellaneous

Employees77,500
Market Cap$13.52 billion
Next Earnings Date5/6/2020 (Estimated)
OptionableOptionable

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CGI (NYSE:GIB) Frequently Asked Questions

How has CGI's stock been impacted by COVID-19 (Coronavirus)?

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. Since then, GIB stock has decreased by 24.2% and is now trading at $50.21. View which stocks have been mosted impacted by Coronavirus.

Do Wall Street analysts recommend investors buy shares of CGI?

9 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 6 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for CGI.

When is CGI's next earnings date?

CGI is scheduled to release its next quarterly earnings announcement on Wednesday, May 6th 2020. View our earnings forecast for CGI.

How were CGI's earnings last quarter?

CGI Inc (NYSE:GIB) posted its quarterly earnings results on Wednesday, January, 29th. The technology company reported $1.23 earnings per share for the quarter, beating analysts' consensus estimates of $0.94 by $0.29. The technology company had revenue of $3.05 billion for the quarter, compared to the consensus estimate of $3.14 billion. CGI had a net margin of 10.18% and a return on equity of 19.23%. The company's revenue was up 3.1% on a year-over-year basis. During the same period in the previous year, the firm earned $1.12 EPS. View CGI's earnings history.

What price target have analysts set for GIB?

9 brokerages have issued 1-year price objectives for CGI's stock. Their forecasts range from $83.00 to $117.00. On average, they anticipate CGI's stock price to reach $104.33 in the next twelve months. This suggests a possible upside of 107.8% from the stock's current price. View analysts' price targets for CGI.

Has CGI been receiving favorable news coverage?

Media coverage about GIB stock has trended somewhat positive on Sunday, according to InfoTrie. The research group rates the sentiment of press coverage by reviewing more than six thousand news and blog sources in real time. The firm ranks coverage of public companies on a scale of -5 to 5, with scores nearest to five being the most favorable. CGI earned a news sentiment score of 0.8 on InfoTrie's scale. They also assigned news headlines about the technology company a news buzz of 2.0 out of 10, meaning that recent press coverage is very unlikely to have an impact on the stock's share price in the near term. View the latest news aboutCGI.

Are investors shorting CGI?

CGI saw a increase in short interest in the month of March. As of March 13th, there was short interest totaling 1,418,600 shares, an increase of 22.3% from the February 27th total of 1,160,000 shares. Based on an average trading volume of 219,200 shares, the days-to-cover ratio is currently 6.5 days. Approximately 0.7% of the company's stock are sold short. View CGI's Current Options Chain.

Who are some of CGI's key competitors?

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), HEXO (HEXO), IBM (IBM), Mcdonald's (MCD), NVIDIA (NVDA), Cognizant Technology Solutions (CTSH), Energy Transfer LP Unit (ET), Home Depot (HD), BCE (BCE) and Enbridge (ENB).

Who are CGI's key executives?

CGI's management team includes the following people:
  • Mr. Serge Godin, Founder & Exec. Chairman (Age 70)
  • Mr. George D. Schindler, Pres, CEO & Director (Age 56)
  • Ms. Julie Godin, Vice-Chair of the Board, Exec. VP and Chief Planning & Admin. Officer (Age 44)
  • Mr. André Imbeau, Co-Founder & Director (Age 69)
  • Mr. François Boulanger, Exec. VP & CFO

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 a variety of institutional and retail investors. Top institutional investors include FIL Ltd (3.22%), Jarislowsky Fraser Ltd (3.04%), Bank of Montreal Can (2.62%), TD Asset Management Inc. (1.28%), Norges Bank (0.98%) and Great West Life Assurance Co. Can (0.97%).

Which institutional investors are selling CGI stock?

GIB stock was sold by a variety of institutional investors in the last quarter, including FIL Ltd, Connor Clark & Lunn Investment Management Ltd., Alberta Investment Management Corp, Russell Investments Group Ltd., QV Investors Inc., Clark Capital Management Group Inc., Janus Henderson Group PLC, and Guardian Capital LP.

Which institutional investors are buying CGI stock?

GIB stock was purchased by a variety of institutional investors in the last quarter, including Norges Bank, Goldman Sachs Group Inc., Great West Life Assurance Co. Can, Acadian Asset Management LLC, M&G Investment Management Ltd., BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp, DekaBank Deutsche Girozentrale, and TD Asset Management Inc..

How do I buy shares of CGI?

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.

What is CGI's stock price today?

One share of GIB stock can currently be purchased for approximately $50.21.

How big of a company is CGI?

CGI has a market capitalization of $13.52 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. View additional information about CGI.

What is CGI's official website?

The official website for CGI is http://www.cgi.com/.

How can I contact CGI?

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]


MarketBeat Community Rating for CGI (NYSE GIB)

Community Ranking:  2.4 out of 5 (star star)
Outperform Votes:  521 (Vote Outperform)
Underperform Votes:  563 (Vote Underperform)
Total Votes:  1,084
MarketBeat's community ratings are surveys of what our community members think about CGI and other stocks. Vote "Outperform" if you believe GIB will outperform the S&P 500 over the long term. Vote "Underperform" if you believe GIB will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 3/29/2020 by MarketBeat.com Staff

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