CGI (GIB.A) Stock Price, News & Analysis

Company Overview

CGI Inc., together with its subsidiaries, provides information technology (IT) and business process services in Canada, Northern Europe, France, the United States, the United Kingdom, Europe, and the Asia Pacific. Its services include the management of IT and business outsourcing, systems integration and consulting, and software solutions selling activities. The company also offers application development, management, testing, portfolio management, and modernization services; business consulting, including agile, business transformation, change management, CIO advisory, cybersecurity, data analytics, digital enterprise, project management, and industry-specific services; and a suite of business process services designed to address the needs of specific industries, as well as IT infrastructure consulting, solutions, and services. It serves clients operating in government, financial services, health, utility, communication, oil and gas, manufacturing, retail and consumer service, transportation, and post and logistics sectors. 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: C$156.40 to C$158.76
• 50-Day Range: C$150.50 to C$162.33
• 52-Week Range: C$132.06 to C$162.63
• Volume: 325,838 shs
• Average Volume: 333,248 shs
• Market Capitalization: C$32.01 billion
• P/E Ratio: 21.97
• Dividend Yield: 5.35%
• Price Target: C$169.83
• Consensus Rating: Buy

CGI Stock Analysis - MarketRank™

CGI scored higher than 25% of companies evaluated by MarketBeat. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 1.5 / 5
• Analyst Rating: Buy

Consensus Rating

CGI has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 11 buy ratings, no hold ratings, and no sell ratings.

Amount of Analyst Coverage

CGI has only been the subject of 1 research reports in the past 90 days.

Earnings and Valuation

• Score: 1.3 / 5
• Proj. Earnings Growth: N/A

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 135.49.

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 276.07.

Price to Earnings Growth Ratio

CGI has a PEG Ratio of 2.24. 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 3.98. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

Short Interest

• Score: N/A
• Short Interest Level: N/A

Short Interest

There is no current short interest data available for GIB.A.

Dividend

• Score: 1.7 / 5
• Dividend Strength: Weak

Dividend Leadership

CGI is a leading dividend payer. It pays a dividend yield of 5.35%, putting its dividend yield in the top 25% of dividend-paying stocks.

Dividend Growth

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

Sustainability and ESG

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

Short Interest

There is no current short interest data available for GIB.A.

News and Social Media

• Score: 2.0 / 5
• News Sentiment: 0.54

News Sentiment

CGI has a news sentiment score of 0.54. 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 lower news sentiment than the 0.67 average news sentiment score of Computer and Technology companies.

News Coverage This Week

MarketBeat has tracked 8 news articles for CGI this week, compared to 2 articles on an average week.

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 0.79% of the stock of CGI is held by insiders.

Percentage Held by Institutions

70.55% of the stock of CGI is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

GIB.A Stock Analysis - Frequently Asked Questions

How have GIB.A shares performed this year?

CGI's stock was trading at C$141.95 on January 1st, 2024. Since then, GIB.A stock has increased by 10.7% and is now trading at C$157.09.
View the best growth stocks for 2024 here.

How do I buy shares of CGI?

Shares of GIB.A stock and other Canadian stocks can be purchased through an online brokerage account. Popular online brokerages with access to the Canadian stock market include BMO InvestorLine, CIBC Investor's Edge, Desjardins Online Brokerage, HSBC InvestDirect, Laurentian Bank Discount Brokerage, National Bank Direct Brokerage, Qtrade Investor, Questrade, RBC Direct Investing, Scotia iTrade, TD Direct Investing, and Virtual Brokers.
Compare Top Brokerages Here.

Company Calendar

• Ex-Dividend for 12/20 Dividend: 11/20/2024
• Today: 12/17/2024
• Dividend Payable: 12/20/2024

Industry, Sector and Symbol

• Stock Exchange: TSE
• Sector: Computer and Technology
• Industry: Information Technology Services
• Sub-Industry: Business Services
• Current Symbol: TSE:GIB.A
• CUSIP: N/A
• CIK: N/A
• Web: www.cgi.com
• Phone: +1-514-8413200
• Fax: N/A
• Employees: 90,000
• Year Founded: N/A

Price Target and Rating

• Average Stock Price Target: C$169.83
• High Stock Price Target: C$185.00
• Low Stock Price Target: C$132.00
• Potential Upside/Downside: +8.1%
• Consensus Rating: Buy
• Rating Score (0-4): 3.00
• Research Coverage: 11 Analysts

Profitability

• EPS (Most Recent Fiscal Year): C$7.15
• Trailing P/E Ratio: 21.97
• Forward P/E Ratio: 18.77
• P/E Growth: 2.24
• Net Income: C$1.67 billion
• Net Margins: 11.51%
• Pretax Margin: N/A
• Return on Equity: 19.51%
• Return on Assets: 9.35%

Debt

• Debt-to-Equity Ratio: 34.24
• Current Ratio: 1.16
• Quick Ratio: 0.97

Sales & Book Value

• Annual Sales: C$14.52 billion
• Price / Sales: 2.20
• Cash Flow: C$5.66 per share
• Price / Cash Flow: 27.77
• Book Value: C$39.49 per share
• Price / Book: 3.98

Miscellaneous

• Outstanding Shares: 203,790,000
• Free Float: N/A
• Market Cap: C$32.01 billion
• Optionable: Not Optionable
• Beta: 0.86