FY2026 EPS Estimates for CGI Group Decreased by Analyst

CGI Group, Inc. (NYSE:GIB) (TSE:GIB.A) – Investment analysts at National Bank Financial lowered their FY2026 earnings per share estimates for shares of CGI Group in a research report issued to clients and investors on Wednesday, July 30th. National Bank Financial analyst R. Tse now forecasts that the technology company will post earnings per share of $6.41 for the year, down from their prior forecast of $6.49. The consensus estimate for CGI Group’s current full-year earnings is $5.79 per share.

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

Other analysts also recently issued reports about the company. Royal Bank Of Canada decreased 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 target on CGI Group from $112.00 to $105.00 and set a “neutral” rating on the stock in a research note on Thursday. Two equities research 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. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of $148.25.

CGI Group Trading Down 1.1%

Shares of GIB stock opened at $95.37 on Monday. The business’s 50 day moving average is $104.29 and its two-hundred day moving average is $106.37. CGI Group has a twelve month low of $92.85 and a twelve month high of $122.79. The company has a market capitalization of $21.26 billion, a P/E ratio of 17.63, a price-to-earnings-growth ratio of 1.76 and a beta of 0.72. The company has a current ratio of 1.27, a quick ratio of 0.94 and a debt-to-equity ratio of 0.35.

Hedge Funds Weigh In On CGI Group

Hedge funds and other institutional investors have recently bought and sold shares of the company. SVB Wealth LLC acquired a new position in CGI Group during the first quarter worth $25,000. Fifth Third Bancorp raised its holdings in CGI Group by 239.5% during the first quarter. Fifth Third Bancorp now owns 258 shares of the technology company’s stock worth $26,000 after purchasing an additional 182 shares during the last quarter. Caitong International Asset Management Co. Ltd raised its holdings in CGI Group by 292.6% during the first quarter. Caitong International Asset Management Co. Ltd now owns 1,005 shares of the technology company’s stock worth $100,000 after purchasing an additional 749 shares during the last quarter. Versant Capital Management Inc raised its holdings in CGI Group by 371.7% during the first quarter. Versant Capital Management Inc now owns 1,052 shares of the technology company’s stock worth $105,000 after purchasing an additional 829 shares during the last quarter. Finally, GeoWealth Management LLC raised its holdings in CGI Group by 80.4% during the fourth quarter. GeoWealth Management LLC now owns 1,299 shares of the technology company’s stock worth $142,000 after purchasing an additional 579 shares during the last quarter. 66.68% of the stock is owned by institutional investors and hedge funds.

CGI Group Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, September 19th. Investors of record on Friday, August 15th will be issued a dividend of $0.1086 per share. This is a boost from CGI Group’s previous quarterly dividend of $0.11. This represents a $0.43 annualized dividend and a yield of 0.5%. The ex-dividend date of this dividend is Friday, August 15th. CGI Group’s payout ratio is presently 7.95%.

CGI Group 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.