CGI Inc. (NYSE:GIB - Free Report) TSE: GIB.A - Equities researchers at Desjardins cut their FY2025 earnings per share estimates for shares of CGI in a research note issued to investors on Thursday, January 30th. Desjardins analyst J. Dubreuil now expects that the technology company will post earnings of $5.89 per share for the year, down from their previous estimate of $6.00. The consensus estimate for CGI's current full-year earnings is $5.79 per share. Desjardins also issued estimates for CGI's Q4 2026 earnings at $1.61 EPS.
CGI (NYSE:GIB - Get Free Report) TSE: GIB.A last announced its earnings results on Wednesday, January 29th. The technology company reported $1.41 EPS for the quarter, hitting the consensus estimate of $1.41. CGI had a net margin of 11.72% and a return on equity of 19.32%.
Other equities research analysts have also recently issued reports about the stock. Jefferies Financial Group dropped their target price on shares of CGI from $140.00 to $135.00 and set a "buy" rating on the stock in a report on Tuesday, January 21st. Cibc World Mkts upgraded CGI from a "hold" rating to a "strong-buy" rating in a research note on Tuesday, October 15th. Royal Bank of Canada reiterated an "outperform" rating and set a $178.00 target price on shares of CGI in a research note on Monday, January 6th. UBS Group boosted their target price on CGI from $118.00 to $122.00 and gave the stock a "neutral" rating in a report on Monday. Finally, StockNews.com raised CGI from a "sell" rating to a "hold" rating in a report on Friday, November 15th. Two research analysts have rated the stock with a hold rating, three have assigned a buy rating and two have given a strong buy rating to the company. According to MarketBeat, the company currently has an average rating of "Buy" and a consensus price target of $153.25.
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CGI Stock Down 0.8 %
GIB traded down $1.01 on Monday, hitting $119.16. 191,564 shares of the company were exchanged, compared to its average volume of 198,661. The company has a debt-to-equity ratio of 0.28, a quick ratio of 1.04 and a current ratio of 1.31. The stock's fifty day moving average is $111.47 and its 200-day moving average is $111.70. The company has a market cap of $27.02 billion, a PE ratio of 21.55, a PEG ratio of 2.59 and a beta of 0.94. CGI has a 12 month low of $96.92 and a 12 month high of $121.55.
Hedge Funds Weigh In On CGI
A number of institutional investors have recently modified their holdings of the business. Raymond James Financial Inc. acquired a new position in shares of CGI during the fourth quarter worth $925,000. Jones Financial Companies Lllp lifted its stake in shares of CGI by 46.7% in the fourth quarter. Jones Financial Companies Lllp now owns 7,238 shares of the technology company's stock worth $791,000 after acquiring an additional 2,304 shares during the period. Metis Global Partners LLC increased its position in shares of CGI by 1.0% during the fourth quarter. Metis Global Partners LLC now owns 10,534 shares of the technology company's stock worth $1,153,000 after buying an additional 108 shares during the period. Versor Investments LP raised its position in shares of CGI by 96.7% in the 4th quarter. Versor Investments LP now owns 9,045 shares of the technology company's stock worth $989,000 after acquiring an additional 4,446 shares in the last quarter. Finally, Mn Services Vermogensbeheer B.V. increased its holdings in CGI by 1.8% in the fourth quarter. Mn Services Vermogensbeheer B.V. now owns 80,433 shares of the technology company's stock worth $8,796,000 after purchasing an additional 1,400 shares in the last quarter. Institutional investors and hedge funds own 66.68% of the company's stock.
CGI Dividend Announcement
The company also recently announced a quarterly dividend, which will be paid on Friday, March 21st. Shareholders of record on Friday, February 14th will be issued a $0.1039 dividend. This represents a $0.42 annualized dividend and a yield of 0.35%. The ex-dividend date of this dividend is Friday, February 14th. CGI's dividend payout ratio is currently 8.32%.
About CGI
(
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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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