How have GIB shares performed this year?

CGI's stock was trading at $107.21 at the beginning of 2024. Since then, GIB stock has increased by 4.4% and is now trading at $111.95. View the best growth stocks for 2024 here .

How were CGI's earnings last quarter?

CGI Inc. (NYSE:GIB) issued its earnings results on Wednesday, November, 10th. The technology company reported $1.13 EPS for the quarter, topping the consensus estimate of $1.09 by $0.04. The technology company had revenue of $2.39 billion for the quarter, compared to the consensus estimate of $2.38 billion. CGI had a trailing twelve-month return on equity of 20.21% and a net margin of 11.51%.

Does CGI have any subsidiaries?

CGI subsidiaries include ckc group, Facilité Informatique, Summa Technologies, CTS Inc., Collaborative Consulting, Logica, Stanley, and more.

Who are CGI's major shareholders?

CGI's top institutional investors include The Manufacturers Life Insurance Company (2.41%), Mackenzie Financial Corp (2.24%), JARISLOWSKY FRASER Ltd (2.00%) and Fiera Capital Corp (1.85%).

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 Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here .

What other stocks do shareholders of CGI own?

Based on aggregate information from My MarketBeat watchlists, some other companies that CGI investors own include CGI (GIB.A) , International Business Machines (IBM) , NVIDIA (NVDA) , Home Depot (HD) , McDonald's (MCD) and Cisco Systems (CSCO) .

NYSE:GIB

CGI (GIB) Stock Price, News & Analysis

$111.95

-0.68 (-0.60%)

(As of 10:28 AM ET)

Compare

Today's Range: $111.52
▼
$112.89
50-Day Range: $99.09
▼
$113.97
52-Week Range: $93.07
▼
$118.89

Volume: 38,136 shs
Average Volume: 155,330 shs
Market Capitalization: $25.83 billion

P/E Ratio: 21.57
Dividend Yield: N/A
Price Target: $132.67

Get CGI alerts:

CGI MarketRank™ Stock Analysis

Analyst Rating: Moderate Buy
2.80 Rating Score
Upside/Downside: 18.5% Upside
$132.67 Price Target
Short Interest: Healthy
0.75% of Float Sold Short
Dividend Strength: N/A
Sustainability: N/A
News Sentiment: 1.12
Based on 7 Articles This Week
Insider Trading: N/A
Proj. Earnings Growth: 9.42%
From $5.52 to $6.04 Per Share

Overall MarketRank^™

New Rank-Based ScoringMarketRank^™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

2.90 out of 5 stars

Computer And Technology Sector

335th out of 607 stocks

Management Consulting Services Industry

9th out of 15 stocks

2.4

Analyst's Opinion

Consensus Rating
CGI has received a consensus rating of Moderate Buy. The company's average rating score is 2.80, and is based on 2 buy ratings, 2 hold ratings, and no sell ratings.
Amount of Analyst Coverage
CGI has only been the subject of 4 research reports in the past 90 days.
Read more about CGI's stock forecast and price target.

3.0

Short Interest

Percentage of Shares Shorted
0.75% of the float of CGI has been sold short.
Short Interest Ratio / Days to Cover
CGI has a short interest ratio ("days to cover") of 9.3.
Change versus previous month
Short interest in CGI has recently decreased by 3.90%, indicating that investor sentiment is improving.

0.0

Dividend Strength

Dividend Yield
CGI does not currently pay a dividend.
Dividend Growth
CGI does not have a long track record of dividend growth.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for GIB.

3.4

News and Social Media Coverage

News Sentiment
CGI has a news sentiment score of 1.12. 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 0.61 average news sentiment score of Computer and Technology companies.
News Coverage This Week
MarketBeat has tracked 7 news articles for CGI this week, compared to 4 articles on an average week.
Search Interest
2 people have searched for GIB on MarketBeat in the last 30 days.

1.7

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, CGI insiders have not sold or bought any company stock.
Percentage Held by Insiders
Only 9.90% of the stock of CGI is held by insiders.
Percentage Held by Institutions
66.68% of the stock of CGI is held by institutions. High institutional ownership can be a signal of strong market trust in this company.
Read more about CGI's insider trading history.

2.5

Earnings and Valuation

Earnings Growth
Earnings for CGI are expected to grow by 9.42% in the coming year, from $5.52 to $6.04 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of CGI is 21.57, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 138.22.
Price to Earnings Ratio vs. Sector
The P/E ratio of CGI is 21.57, 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 284.85.
Price to Earnings Growth Ratio
CGI has a PEG Ratio of 2.62. PEG Ratios above 1 indicate that a company could be overvalued.
Price to Book Value per Share Ratio
CGI has a P/B Ratio of 3.97. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.
Read more about CGI's valuation and earnings.

See Top Rated MarketRank™ Stocks Here

Ad Porter & Company

Obama’s final twist in Appalachia

Unemployment is sky-high, wages are at record lows. Addiction has overwhelmed these once thriving coal towns. Hopelessness abounds. And looking in, the future here looks bleak for these forgotten souls. But in a strange twist of fate, something miraculous is taking place…

Go here now to watch my new documentary

About CGI Stock (NYSE:GIB)

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. It serves clients operating in government, banking and capital market, health, utility, communication and media, oil and gas, space, manufacturing, insurance, life sciences, retail and consumer service, and transportation and logistics sectors. The company operates in Canada, France, Spain, Portugal, the United States, Germany, Sweden, Norway, the United Kingdom, Australia, Finland, Poland, Baltics, the Netherlands, Denmark, Czech Republic, India, the Philippines, Asia Pacific, and internationally. Western and Southern Europe; Australia; Scandinavia; Finland, Poland, and Baltics; the United States; the United Kingdom; and the Asia Pacific. 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.

GIB Stock Price History

30 days | 90 days | 365 days | Advanced Chart

GIB Stock News Headlines

August 31 at 1:23 AM | americanbankingnews.com

Brokerages Set CGI Inc. (NYSE:GIB) Target Price at $132.67

August 28, 2024 | prnewswire.com

CGI awarded modernization contracts in support of global innovation community at the U.S. Patent and Trademark Office

September 3, 2024 | Monument Traders Alliance (Ad)

FREE Daily Profits Live Open House

Over the past year, members of Millionaire trader Nate Bear's Daily Profits Live chatroom have had 62 opportunities to DOUBLE their money... Now it's YOUR CHANCE to hunt MASSIVE gains like these with a professional trader for an ENTIRE WEEK... 100% FREE!

August 20, 2024 | finance.yahoo.com

Investing in CGI (TSE:GIB.A) five years ago would have delivered you a 46% gain

August 19, 2024 | marketwatch.com

CGI Inc. Cl A stock rises Monday, still underperforms market

August 15, 2024 | marketwatch.com

CGI Inc. Cl A stock rises Wednesday, still underperforms market

August 13, 2024 | prnewswire.com

CGI extends partnership with the City of New York for maintenance of parking system technology

August 9, 2024 | marketwatch.com

CGI Inc. Cl A stock rises Friday, outperforms market

September 3, 2024 | Monument Traders Alliance (Ad)

FREE Daily Profits Live Open House

August 8, 2024 | prnewswire.com

CGI's latest Momentum® release delivers advanced AI capabilities to help federal agencies streamline operations

August 6, 2024 | prnewswire.com

U.S. Department of State extends contract with CGI for application processing services for more than 21 million passports annually

August 5, 2024 | prnewswire.com

CGI recognized as a Major Player for Worldwide Cloud Professional Services in IDC MarketScape Report

July 31, 2024 | seekingalpha.com

CGI Inc. 2024 Q3 - Results - Earnings Call Presentation

July 31, 2024 | investorplace.com

GIB Stock Earnings: CGI Beats EPS, Beats Revenue for Q3 2024

July 31, 2024 | theglobeandmail.com

CGI sees $440.1M in net earnings, will pay quarterly dividend

July 31, 2024 | bizjournals.com

Vienna defense contractor to be acquired by CGI Federal

July 31, 2024 | prnewswire.com

CGI reports third quarter Fiscal 2024 results

July 30, 2024 | prnewswire.com

CGI announces intent to acquire Aeyon for expansion of offerings portfolio and presence across U.S. Government agency missions

See More Headlines

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.

Company Calendar

Last Earnings: 11/10/2021
Today: 9/03/2024
Fiscal Year End: 9/30/2024
Next Earnings (Estimated): 11/13/2024

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: NYSE
Sector: Computer and Technology
Industry: Management consulting services
Sub-Industry: Business Services
Current Symbol: NYSE:GIB
CUSIP: N/A
CIK: 1061574
Web: www.cgi.com
Phone: (514) 841-3200
Fax: 703-267-8679
Employees: 91,500
Year Founded: 1976

Price Target and Rating

Average Stock Price Target: $132.67
High Stock Price Target: $165.00
Low Stock Price Target: $112.00
Potential Upside/Downside: +17.9%
Consensus Rating: Moderate Buy
Rating Score (0-4): 2.80
Research Coverage: 5 Analysts

Profitability

EPS (Most Recent Fiscal Year): $5.19
Trailing P/E Ratio: 21.67
Forward P/E Ratio: 20.38
P/E Growth: 2.62
Net Income: $1.21 billion
Net Margins: 11.51%
Pretax Margin: 15.53%
Return on Equity: 20.21%
Return on Assets: 11.14%

Debt

Debt-to-Equity Ratio: 0.22
Current Ratio: 1.16
Quick Ratio: 0.86

Sales & Book Value

Annual Sales: $14.52 billion
Price / Sales: 1.79
Cash Flow: $6.99 per share
Price / Cash Flow: 16.10
Book Value: $28.17 per share
Price / Book: 3.99

Miscellaneous

Outstanding Shares: 230,766,000
Free Float: 207,920,000
Market Cap: $25.96 billion
Optionable: Optionable
Beta: 0.95

Social Links

5G Stocks: The Path Forward is Profitable

Click the link below and we'll send you MarketBeat's guide to investing in 5G and which 5G stocks show the most promise.

Get This Free Report

Key Executives

Mr. Serge Godin (Age 75)
Founder & Executive Chairman of the Board
Comp: $1.88M
Ms. Julie Godin (Age 49)
Co-Chair of the Board and Executive VP of Strategic Planning & Corporate Development
Mr. George D. Schindler (Age 61)
President, CEO & Director
Comp: $3.74M
Mr. Francois Boulanger
President & COO
Mr. Jean-Michel Baticle
President, COO and President of Western & Southern Europe Operations
Mr. Andre Imbeau (Age 74)
Co-Founder, Advisor to the Executive Chairman & Director
Mr. Steve Perron
Executive VP & CFO
Ms. Leslie McKay
Senior VP & Chief Information Officer
Mr. Kevin Morris Linder CA
CPA, Senior Vice President of Investor Relations
Mr. Benoit Dubé
Executive VP of Legal & Economic Affairs and Corporate Secretary

Key Competitors

View All Competitors

Institutional Ownership

View All Institutional Transactions

Should I Buy CGI Stock? GIB Pros and Cons Explained

Pros

Here are some ways that investors could benefit from investing in CGI Inc.:

CGI Inc. reported strong earnings results, beating the consensus estimate by $0.02 per share, indicating financial stability and potential growth.
Recent analyst reports have upgraded CGI's rating to "buy" and "strong-buy," suggesting positive sentiment and potential stock price appreciation.
CGI's return on equity of 20.43% showcases efficient use of shareholder funds to generate profits, a favorable metric for investors.
Institutional investors hold a significant portion of CGI's stock, indicating confidence in the company's future performance and stability.
CGI's stock price has shown a consistent uptrend, with a recent increase of 0.4%, reflecting positive market sentiment and potential for further growth.

Cons

Investors should be bearish about investing in CGI Inc. for these reasons:

CGI Inc. experienced a slight decrease in institutional holdings, which may raise concerns about future investor confidence and market performance.
Some analysts have downgraded CGI's rating to "neutral," indicating potential uncertainties or challenges ahead for the company.
While CGI's revenue was slightly below analyst estimates, it could signal potential challenges in meeting market expectations in the future.
CGI's net margin of 11.38% may be considered relatively low compared to industry peers, potentially impacting profitability and investor returns.
Market volatility and economic uncertainties could affect CGI's stock price, leading to potential fluctuations and risks for investors.

These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Monday, August 26, 2024. Please send any questions or comments about these CGI pros and cons to contact@marketbeat.com.

GIB Stock Analysis - Frequently Asked Questions

How have GIB shares performed this year?: CGI's stock was trading at $107.21 at the beginning of 2024. Since then, GIB stock has increased by 4.4% and is now trading at $111.95.
View the best growth stocks for 2024 here.
How were CGI's earnings last quarter?: CGI Inc. (NYSE:GIB) issued its earnings results on Wednesday, November, 10th. The technology company reported $1.13 EPS for the quarter, topping the consensus estimate of $1.09 by $0.04. The technology company had revenue of $2.39 billion for the quarter, compared to the consensus estimate of $2.38 billion. CGI had a trailing twelve-month return on equity of 20.21% and a net margin of 11.51%.
Does CGI have any subsidiaries?: CGI subsidiaries include ckc group, Facilité Informatique, Summa Technologies, CTS Inc., Collaborative Consulting, Logica, Stanley, and more.
Who are CGI's major shareholders?: CGI's top institutional investors include The Manufacturers Life Insurance Company (2.41%), Mackenzie Financial Corp (2.24%), JARISLOWSKY FRASER Ltd (2.00%) and Fiera Capital Corp (1.85%).
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 Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.
What other stocks do shareholders of CGI own?: Based on aggregate information from My MarketBeat watchlists, some other companies that CGI investors own include CGI (GIB.A), International Business Machines (IBM), NVIDIA (NVDA), Home Depot (HD), McDonald's (MCD) and Cisco Systems (CSCO).