CGI Inc. (NYSE:GIB - Get Free Report) TSE: GIB.A announced a -- dividend on Tuesday, November 5th,Zacks Dividends reports. Investors of record on Wednesday, November 20th will be paid a dividend of 0.111 per share by the technology company on Friday, December 20th. This represents a yield of 0.4%. The ex-dividend date is Wednesday, November 20th.
CGI Stock Up 0.0 %
NYSE:GIB traded up $0.03 on Thursday, hitting $112.52. 153,411 shares of the company's stock traded hands, compared to its average volume of 148,250. The company has a market cap of $25.64 billion, a PE ratio of 21.27, a price-to-earnings-growth ratio of 2.38 and a beta of 0.96. CGI has a 1 year low of $96.92 and a 1 year high of $118.89. The company has a current ratio of 1.16, a quick ratio of 0.86 and a debt-to-equity ratio of 0.22. The firm has a 50-day moving average price of $113.97 and a 200-day moving average price of $107.58.
CGI (NYSE:GIB - Get Free Report) TSE: GIB.A last announced its quarterly earnings data on Wednesday, November 6th. The technology company reported $1.41 EPS for the quarter, beating analysts' consensus estimates of $1.38 by $0.03. CGI had a net margin of 11.51% and a return on equity of 20.21%. The firm had revenue of $2.68 billion for the quarter, compared to the consensus estimate of $2.62 billion. Equities analysts anticipate that CGI will post 5.54 EPS for the current fiscal year.
Analyst Ratings Changes
Several analysts recently issued reports on the company. CIBC upgraded CGI from a "neutral" rating to an "outperformer" rating and increased their price objective for the stock from $155.00 to $178.00 in a report on Tuesday, October 15th. UBS Group began coverage on CGI in a report on Friday, July 19th. They set a "neutral" rating and a $112.00 price target for the company. Jefferies Financial Group increased their price objective on CGI from $120.00 to $121.00 and gave the stock a "buy" rating in a report on Tuesday, July 16th. Cibc World Mkts raised shares of CGI from a "hold" rating to a "strong-buy" rating in a research report on Tuesday, October 15th. Finally, Sanford C. Bernstein raised shares of CGI to a "strong-buy" rating in a research report on Thursday, August 1st. Two equities research analysts have rated the stock with a hold rating, two have assigned a buy rating and two have issued a strong buy rating to the company. Based on data from MarketBeat.com, the stock has an average rating of "Buy" and a consensus price target of $137.00.
Get Our Latest Stock Analysis on GIB
CGI Company Profile
(
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CGI Inc, together with its subsidiaries, provides information technology (IT) and business process services. Its services include the business and strategic IT consulting, systems integration, and software solutions. The company also provides application development, modernization and maintenance, holistic enterprise digitization, automation, hybrid and cloud management, and business process services; intellectual property-based solutions; business consulting; managed IT services; and IT infrastructure services.
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