Desjardins Forecasts CGI Group’s FY2025 Earnings (NYSE:GIB)

CGI Group, Inc. (NYSE:GIB) (TSE:GIB.A) – Investment analysts at Desjardins upped their FY2025 earnings estimates for CGI Group in a research report issued on Wednesday, July 30th. Desjardins analyst J. Dubreuil now expects that the technology company will post earnings per share of $6.10 for the year, up from their previous forecast of $5.92. The consensus estimate for CGI Group’s current full-year earnings is $5.79 per share. Desjardins also issued estimates for CGI Group’s Q4 2025 earnings at $1.49 EPS and Q1 2026 earnings at $1.58 EPS.

CGI Group (NYSE:GIB) (TSE:GIB.A) last issued its quarterly earnings results on Wednesday, July 30th. The technology company reported $1.52 earnings per share for the quarter, beating analysts’ consensus estimates of $1.51 by $0.01. CGI Group had a net margin of 11.01% and a return on equity of 18.53%. The firm had revenue of $3 billion for the quarter, compared to analyst estimates of $4.01 billion. During the same period last year, the company posted $1.91 EPS. CGI Group’s quarterly revenue was up 11.4% compared to the same quarter last year.

A number of other analysts have also issued reports on the company. Royal Bank Of Canada lowered their price target on CGI Group from $185.00 to $175.00 and set an “outperform” rating on the stock in a research note on Thursday. UBS Group decreased their price objective on CGI Group from $112.00 to $105.00 and set a “neutral” rating on the stock in a report on Thursday. Two analysts have rated the stock with a hold rating, two have issued a buy rating and one has given a strong buy rating to the company’s stock. According to MarketBeat.com, CGI Group presently has an average rating of “Moderate Buy” and an average target price of $148.25.

CGI Group Price Performance

NYSE:GIB opened at $95.37 on Friday. The stock has a 50 day moving average of $104.29 and a two-hundred day moving average of $106.40. CGI Group has a 12 month low of $92.85 and a 12 month high of $122.79. The firm has a market cap of $21.26 billion, a P/E ratio of 17.63, a price-to-earnings-growth ratio of 1.77 and a beta of 0.72. The company has a current ratio of 1.27, a quick ratio of 0.92 and a debt-to-equity ratio of 0.35.

Institutional Investors Weigh In On CGI Group

A number of large investors have recently made changes to their positions in GIB. SVB Wealth LLC purchased a new position in CGI Group during the first quarter worth approximately $25,000. Fifth Third Bancorp grew its holdings in CGI Group by 239.5% in the 1st quarter. Fifth Third Bancorp now owns 258 shares of the technology company’s stock valued at $26,000 after buying an additional 182 shares in the last quarter. Caitong International Asset Management Co. Ltd grew its holdings in CGI Group by 292.6% in the 1st quarter. Caitong International Asset Management Co. Ltd now owns 1,005 shares of the technology company’s stock valued at $100,000 after buying an additional 749 shares in the last quarter. Versant Capital Management Inc increased its stake in shares of CGI Group by 371.7% in the 1st quarter. Versant Capital Management Inc now owns 1,052 shares of the technology company’s stock worth $105,000 after acquiring an additional 829 shares during the last quarter. Finally, GeoWealth Management LLC raised its holdings in shares of CGI Group by 80.4% during the 4th quarter. GeoWealth Management LLC now owns 1,299 shares of the technology company’s stock worth $142,000 after acquiring an additional 579 shares during the period. 66.68% of the stock is currently owned by hedge funds and other institutional investors.

CGI Group Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, September 19th. Stockholders of record on Friday, August 15th will be issued a dividend of $0.1086 per share. The ex-dividend date is Friday, August 15th. This represents a $0.43 annualized dividend and a dividend yield of 0.5%. This is an increase from CGI Group’s previous quarterly dividend of $0.11. CGI Group’s payout ratio is presently 7.83%.

About CGI Group

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.