How have GIB shares performed this year?

CGI's stock was trading at $107.21 at the start of the year. Since then, GIB shares have increased by 6.4% and is now trading at $114.02. View the best growth stocks for 2024 here .

How were CGI's earnings last quarter?

CGI Inc. (NYSE:GIB) issued its quarterly earnings data on Wednesday, July, 31st. The technology company reported $1.40 EPS for the quarter, meeting analysts' consensus estimates of $1.40. The technology company had revenue of $2.68 billion for the quarter, compared to analyst estimates of $2.67 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?

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

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

$114.41

-0.72 (-0.63%)

(As of 02:57 PM ET)

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About CGI Stock (NYSE:GIB)

Advanced Chart

Key Stats

Today's Range: $113.76
▼
$114.95
50-Day Range: $105.07
▼
$116.40
52-Week Range: $93.07
▼
$118.89
Volume: 49,396 shs
Average Volume: 151,665 shs
Market Capitalization: $26.40 billion
P/E Ratio: 22.04
Dividend Yield: N/A
Price Target: $132.67
Consensus Rating: Moderate Buy

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.

CGI Stock Analysis - MarketRank™

See Top Rated MarketRank™ Stocks

54th Percentile Overall Score

GIB MarketRank™:

CGI scored higher than 54% of companies evaluated by MarketBeat, and ranked 413th out of 668 stocks in the computer and technology sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

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 3 research reports in the past 90 days.
Read more about CGI's stock forecast and price target.

Earnings Growth
Earnings for CGI are expected to grow by 9.37% in the coming year, from $5.55 to $6.07 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of CGI is 21.97, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 135.55.
Price to Earnings Ratio vs. Sector
The P/E ratio of CGI is 21.97, 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 259.74.
Price to Earnings Growth Ratio
CGI has a PEG Ratio of 2.63. 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 4.31. 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.

Percentage of Shares Shorted
0.83% 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 10.8, which indicates bearish sentiment.
Change versus previous month
Short interest in CGI has recently increased by 17.27%, indicating that investor sentiment is decreasing significantly.

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

Percentage of Shares Shorted
0.83% 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 10.8, which indicates bearish sentiment.
Change versus previous month
Short interest in CGI has recently increased by 17.27%, indicating that investor sentiment is decreasing significantly.

News Sentiment
CGI has a news sentiment score of 1.25. 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 0.52 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
Only 1 people have searched for GIB on MarketBeat in the last 30 days. This is a decrease of -50% compared to the previous 30 days.
MarketBeat Follows
3 people have added CGI to their MarketBeat watchlist in the last 30 days.

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.

GIB Stock News Headlines

CGI selected for the U.S. Department of the Interior's cloud integration services under $2B Indefinite-Delivery, Indefinite-Quantity (IDIQ) contract

October 2 at 7:00 AM | prnewswire.com

Maryland's Anne Arundel County public school system advances data-driven tools and insights with CGI Advantage® upgrade

October 1 at 6:30 AM | prnewswire.com

The #1 day to buy Walmart stock

These sheets tell you the exact day you should consider buying a stock… And the exact day you should consider selling it… All based on TEN YEARS of historic data and trends. For example, like January 6th through the 12th with Apple… It’s gone up every single year for the last decade. Or like May 26th through June 11th with LULU… Again - it’s gone up every single year for the last decade. Then there’s July 1st through the 21st with Walmart… What happened to WMT?

October 3, 2024 | DTI (Ad)

CGI signs the European Commission's Artificial Intelligence Act Pledge

September 25, 2024 | prnewswire.com

CGI Inc. (NYSE:GIB) Receives $132.67 Average PT from Brokerages

September 25, 2024 | americanbankingnews.com

C-suite agenda seeks growth and innovation in balance with cost control and efficiency

September 24, 2024 | prnewswire.com

CGI selected as delivery partner for pioneering business transformation program by the Northern Ireland Courts and Tribunals Service

September 23, 2024 | prnewswire.com

CGI selected by Harley-Davidson Financial Services to streamline loan origination system

September 23, 2024 | prnewswire.com

See More Headlines

GIB Stock Analysis - Frequently Asked Questions

: CGI's stock was trading at $107.21 at the start of the year. Since then, GIB shares have increased by 6.4% and is now trading at $114.02.
View the best growth stocks for 2024 here.
: CGI Inc. (NYSE:GIB) issued its quarterly earnings data on Wednesday, July, 31st. The technology company reported $1.40 EPS for the quarter, meeting analysts' consensus estimates of $1.40. The technology company had revenue of $2.68 billion for the quarter, compared to analyst estimates of $2.67 billion. CGI had a trailing twelve-month return on equity of 20.21% and a net margin of 11.51%.
: The following companies are subsidiaries of CGI: ckc group, Facilité Informatique, Summa Technologies, CTS Inc., Collaborative Consulting, Logica, Stanley, and more.
: 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.
: 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).