Q1 Earnings Forecast for CGI Issued By Desjardins

CGI Inc. (NYSE:GIB - Free Report) TSE: GIB.A - Equities researchers at Desjardins issued their Q1 2025 earnings per share (EPS) estimates for CGI in a note issued to investors on Wednesday, November 6th. Desjardins analyst J. Dubreuil anticipates that the technology company will earn $1.41 per share for the quarter. The consensus estimate for CGI's current full-year earnings is $5.54 per share. Desjardins also issued estimates for CGI's Q2 2025 earnings at $1.56 EPS, Q3 2025 earnings at $1.50 EPS, Q4 2025 earnings at $1.50 EPS, FY2025 earnings at $6.00 EPS and FY2026 earnings at $6.65 EPS.

Several other equities research analysts also recently commented on the stock. UBS Group initiated coverage on shares of CGI in a research report on Friday, July 19th. They set a "neutral" rating and a $112.00 target price for the company. Sanford C. Bernstein raised CGI to a "strong-buy" rating in a report on Thursday, August 1st. Jefferies Financial Group increased their price objective on CGI from $120.00 to $121.00 and gave the stock a "buy" rating in a research note on Tuesday, July 16th. StockNews.com cut CGI from a "hold" rating to a "sell" rating in a research report on Thursday. Finally, Cibc World Mkts raised CGI from a "hold" rating to a "strong-buy" rating in a research report on Tuesday, October 15th. One investment analyst has rated the stock with a sell rating, one has assigned a hold rating, two have assigned a buy rating and two have given a strong buy rating to the company. Based on data from MarketBeat.com, CGI currently has an average rating of "Moderate Buy" and an average target price of $137.00.

CGI Stock Down 1.2 %

GIB traded down $1.35 during trading on Friday, hitting $111.17. 99,961 shares of the company's stock were exchanged, compared to its average volume of 148,027. CGI has a fifty-two week low of $96.92 and a fifty-two week high of $118.89. The stock has a market cap of $25.34 billion, a P/E ratio of 20.66, a PEG ratio of 2.38 and a beta of 0.96. The business's 50 day moving average is $113.97 and its two-hundred day moving average is $107.65. The company has a quick ratio of 0.86, a current ratio of 1.16 and a debt-to-equity ratio of 0.22.

CGI (NYSE:GIB - Get Free Report) TSE: GIB.A last issued its earnings results on Wednesday, November 6th. The technology company reported $1.41 earnings per share for the quarter, topping analysts' consensus estimates of $1.38 by $0.03. CGI had a return on equity of 20.21% and a net margin of 11.51%. The company had revenue of $2.68 billion for the quarter, compared to analyst estimates of $2.62 billion.

CGI Dividend Announcement

The firm also recently announced a -- dividend, which will be paid on Friday, December 20th. Stockholders of record on Wednesday, November 20th will be paid a $0.111 dividend. The ex-dividend date of this dividend is Wednesday, November 20th. This represents a dividend yield of 0.4%. CGI's payout ratio is presently 2.04%.

Hedge Funds Weigh In On CGI

Institutional investors have recently modified their holdings of the business. Blue Trust Inc. boosted its position in CGI by 288.2% in the third quarter. Blue Trust Inc. now owns 788 shares of the technology company's stock worth $91,000 after purchasing an additional 585 shares during the last quarter. CWM LLC raised its stake in shares of CGI by 14.8% during the 3rd quarter. CWM LLC now owns 1,365 shares of the technology company's stock worth $157,000 after purchasing an additional 176 shares during the period. EverSource Wealth Advisors LLC raised its stake in shares of CGI by 9.2% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 2,055 shares of the technology company's stock worth $205,000 after purchasing an additional 173 shares during the period. Werba Rubin Papier Wealth Management purchased a new position in shares of CGI in the 3rd quarter worth about $208,000. Finally, Thrivent Financial for Lutherans bought a new position in CGI during the third quarter valued at about $209,000. 66.68% of the stock is owned by institutional investors.

CGI Company Profile

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.