CGI (GIB) Stock Price, News & Analysis

Company Overview

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.

Key Stats

• Today's Range: $108.39 to $110.00
• 50-Day Range: $107.06 to $116.40
• 52-Week Range: $96.92 to $118.89
• Volume: 127,930 shs
• Average Volume: 162,124 shs
• Market Capitalization: $25.04 billion
• P/E Ratio: 20.42
• Dividend Yield: N/A
• Price Target: $137.00
• Consensus Rating: Buy

CGI Stock Analysis - MarketRank™

CGI scored higher than 72% of companies evaluated by MarketBeat, and ranked 293rd out of 648 stocks in the computer and technology sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 2.6 / 5
• Analyst Rating: Buy

Consensus Rating

CGI has received a consensus rating of Buy. The company's average rating score is 3.20, and is based on 2 buy ratings, 1 hold rating, and no sell ratings.

Amount of Analyst Coverage

CGI has only been the subject of 2 research reports in the past 90 days.

Earnings and Valuation

• Score: 2.5 / 5
• Proj. Earnings Growth: 7.83%

Earnings Growth

Earnings for CGI are expected to grow by 7.83% in the coming year, from $6.00 to $6.47 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of CGI is 20.42, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 134.38.

Price to Earnings Ratio vs. Sector

The P/E ratio of CGI is 20.42, 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 269.47.

Price to Earnings Growth Ratio

CGI has a PEG Ratio of 2.27. 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 3.61. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

Short Interest

• Score: 3.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

0.57% 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 9.2.

Change versus previous month

Short interest in CGI has recently decreased by 0.88%, indicating that investor sentiment is improving.

Dividend

• Score: 1.7 / 5
• Dividend Strength: Weak

Dividend Yield

CGI does not currently pay a dividend.

Dividend Growth

CGI does not have a long track record of dividend growth.

Dividend Coverage

The dividend payout ratio of CGI is 8.18%. This payout ratio is at a healthy, sustainable level, below 75%.

Dividend Sustainability

Based on earnings estimates, CGI will have a dividend payout ratio of 6.80% next year. This indicates that CGI will be able to sustain or increase its dividend.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

0.57% 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 9.2.

Change versus previous month

Short interest in CGI has recently decreased by 0.88%, indicating that investor sentiment is improving.

News and Social Media

• Score: 2.8 / 5
• News Sentiment: 1.08

News Sentiment

CGI has a news sentiment score of 1.08. 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 0.58 average news sentiment score of Computer and Technology companies.

News Coverage This Week

MarketBeat has tracked 10 news articles for CGI this week, compared to 5 articles on an average week.

Search Interest

Only 1 people have searched for GIB on MarketBeat in the last 30 days. This is a decrease of 0% compared to the previous 30 days.

MarketBeat Follows

Only 1 people have added CGI to their MarketBeat watchlist in the last 30 days. This is a decrease of -50% compared to the previous 30 days.

Company Ownership

• Score: 1.7 / 5
• Insider Trading: N/A

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.

GIB Stock Analysis - Frequently Asked Questions

How have GIB shares performed this year?

CGI's stock was trading at $107.21 at the start of the year. Since then, GIB stock has increased by 2.5% and is now trading at $109.87.
View the best growth stocks for 2024 here.

How were CGI's earnings last quarter?

CGI Inc. (NYSE:GIB) announced its earnings results on Wednesday, November, 10th. The technology company reported $1.13 EPS for the quarter, topping analysts' consensus estimates of $1.09 by $0.04. The technology company had revenue of $2.39 billion for the quarter, compared to analyst estimates of $2.38 billion. CGI had a trailing twelve-month return on equity of 19.74% and a net margin of 11.53%.

Does CGI have any subsidiaries?

The following companies are subsidiaries of CGI: ckc group, Facilité Informatique, Summa Technologies, CTS Inc., Collaborative Consulting, Logica, Stanley, and more.

Who are CGI's major shareholders?

CGI's top institutional shareholders include Caisse DE Depot ET Placement DU Quebec (7.15%), National Bank of Canada FI (1.98%), The Manufacturers Life Insurance Company (1.94%) and Fiera Capital Corp (1.92%).

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), NVIDIA (NVDA), Meta Platforms (META), ServiceNow (NOW), Alibaba Group (BABA), Adobe (ADBE) and Broadcom (AVGO).

Company Calendar

• Last Earnings: 11/10/2021
• Today: 11/20/2024
• Ex-Dividend for 12/20 Dividend: 11/20/2024
• Dividend Payable: 12/20/2024
• Next Earnings (Estimated): 1/29/2025
• Fiscal Year End: 9/30/2025

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: $137.00
• High Stock Price Target: $178.00
• Low Stock Price Target: $112.00
• Potential Upside/Downside: +24.7%
• Consensus Rating: Buy
• Rating Score (0-4): 3.20
• Research Coverage: 5 Analysts

Profitability

• EPS (Most Recent Fiscal Year): $5.38
• Trailing P/E Ratio: 20.42
• Forward P/E Ratio: 18.31
• P/E Growth: 2.27
• Net Income: $1.24 billion
• Net Margins: 11.53%
• Pretax Margin: 15.61%
• Return on Equity: 19.74%
• Return on Assets: 11.08%

Debt

• Debt-to-Equity Ratio: 0.29
• Current Ratio: 1.36
• Quick Ratio: 1.02

Sales & Book Value

• Annual Sales: $10.79 billion
• Price / Sales: 2.32
• Cash Flow: $7.60 per share
• Price / Cash Flow: 14.46
• Book Value: $30.40 per share
• Price / Book: 3.61

Miscellaneous

• Outstanding Shares: 227,910,000
• Free Float: 205,348,000
• Market Cap: $25.04 billion
• Optionable: Optionable
• Beta: 0.96