National Bank Financial Predicts CGI Q1 Earnings

CGI Inc. (NYSE:GIB) (TSE:GIB.A) – National Bank Financial issued their Q1 2025 earnings per share (EPS) estimates for CGI in a research report issued on Wednesday, November 6th. National Bank Financial analyst R. Tse expects that the technology company will post earnings per share of $1.43 for the quarter. The consensus estimate for CGI’s current full-year earnings is $6.05 per share. National Bank Financial also issued estimates for CGI’s FY2025 earnings at $6.05 EPS.

Several other equities analysts also recently commented on the stock. Cibc World Mkts upgraded shares of CGI from a “hold” rating to a “strong-buy” rating in a report on Tuesday, October 15th. CIBC upgraded shares of CGI from a “neutral” rating to an “outperformer” rating and upped their price target for the company from $155.00 to $178.00 in a research note on Tuesday, October 15th. UBS Group assumed coverage on shares of CGI in a report on Friday, July 19th. They issued a “neutral” rating and a $112.00 price target on the stock. Sanford C. Bernstein upgraded CGI to a “strong-buy” rating in a report on Thursday, August 1st. Finally, StockNews.com lowered CGI from a “hold” rating to a “sell” rating in a research note on Thursday. One equities research analyst has rated the stock with a sell rating, one has issued a hold rating, two have issued a buy rating and two have given a strong buy rating to the company’s stock. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average target price of $137.00.

CGI Stock Down 1.2 %

GIB stock opened at $111.15 on Friday. The business’s 50 day simple moving average is $113.97 and its 200 day simple moving average is $107.65. CGI has a 1-year low of $96.92 and a 1-year high of $118.89. The firm has a market capitalization of $25.33 billion, a PE ratio of 20.66, a PEG ratio of 2.39 and a beta of 0.96. The company has a current ratio of 1.16, a quick ratio of 0.86 and a debt-to-equity ratio of 0.22.

CGI Dividend Announcement

The firm also recently disclosed a — dividend, which will be paid on Friday, December 20th. Shareholders of record on Wednesday, November 20th will be paid a $0.111 dividend. This represents a yield of 0.4%. The ex-dividend date is Wednesday, November 20th.

Institutional Trading of CGI

Institutional investors have recently bought and sold shares of the business. Intech Investment Management LLC bought a new stake in shares of CGI during the 1st quarter valued at $5,529,000. Henry James International Management Inc. grew its stake in CGI by 7.2% during the first quarter. Henry James International Management Inc. now owns 82,029 shares of the technology company’s stock worth $9,063,000 after buying an additional 5,517 shares in the last quarter. Fiera Capital Corp increased its holdings in CGI by 1.9% in the 2nd quarter. Fiera Capital Corp now owns 4,269,775 shares of the technology company’s stock valued at $426,353,000 after buying an additional 79,303 shares during the period. Canada Pension Plan Investment Board raised its position in shares of CGI by 8.7% in the 1st quarter. Canada Pension Plan Investment Board now owns 692,449 shares of the technology company’s stock valued at $76,467,000 after buying an additional 55,499 shares in the last quarter. Finally, GHP Investment Advisors Inc. lifted its holdings in shares of CGI by 14.4% during the 2nd quarter. GHP Investment Advisors Inc. now owns 41,348 shares of the technology company’s stock worth $4,127,000 after acquiring an additional 5,213 shares during the period. Institutional investors own 66.68% of the company’s stock.

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.