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CGI Group (GIB)
NYSE:GIB
CGI Group (GIB) Stock Price & Analysis
326 Followers
GIB Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$93.07 - $118.89
Previous Close$104.42
Volume186.98K
Average Volume (3M)164.67K
Market Cap
$23.88B
Enterprise Value$25.17B
Total Cash (Recent Filing)C$1.27B
Total Debt (Recent Filing)C$3.03B
Price to Earnings (P/E)19.8
Beta0.80
Next Earnings
Jul 31, 2024EPS Estimate
$1.4Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)5.28
Shares Outstanding232,796,953
10 Day Avg. Volume191,194
30 Day Avg. Volume164,671
Standard Deviation0.07
R-Squared0.52
Alpha-0.00156
Financial Highlights & Ratios
Price to Book (P/B)-30.58
Price to Sales (P/S)1.52
Price to Cash Flow (P/CF)9.60
P/FCF Ratio11.00
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
$103.28Price Target Upside-1.77% Downside
Rating ConsensusStrong Buy
Number of Analyst Covering7
CGI Group News
PremiumCompany Announcements
CGI Group Reports Stable Growth in Q2-F2024Bulls Say, Bears Say
Bulls Say
Earnings GrowthThe company's robust pipeline indicates clients are actively pursuing transformative initiatives, suggesting potential for revenue growth.
Financial PerformanceCost control and a growing intellectual property mix are contributing to strong profit margins.
Strategic AcquisitionsStrong balance sheet and successful history as a consolidator point to potential upside from future mergers and acquisitions.
Bears Say
Growth ForecastContinued macro weakness will impact CGI's growth, and organic revenue growth was roughly -0.3%, indicating a slowdown in growth.
Market SentimentMacro uncertainty is driving delayed decision-making, impacting bookings despite a good pipeline growth.
Stock ValuationCGI's strong performance has driven the shares to trade at a high end of its historical range, indicating a full valuation.
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Ownership Overview
59.43% Insiders
4.81% Mutual Funds
30.69% Other Institutional Investors
5.08% Public Companies and
Individual Investors
GIB FAQ
What was CGI Group’s price range in the past 12 months?
CGI Group lowest stock price was $93.07 and its highest was $118.89 in the past 12 months.
What is CGI Group’s market cap?
Currently, no data Available
When is CGI Group’s upcoming earnings report date?
CGI Group’s upcoming earnings report date is Jul 31, 2024 which is in 74 days.
How were CGI Group’s earnings last quarter?
CGI Group released its earnings results on May 01, 2024. The company reported $1.444 earnings per share for the quarter, beating the consensus estimate of $1.426 by $0.018.
Is CGI Group overvalued?
According to Wall Street analysts CGI Group’s price is currently Overvalued.
Does CGI Group pay dividends?
CGI Group does not currently pay dividends.
What is CGI Group’s EPS estimate?
CGI Group’s EPS estimate is $1.4.
How many shares outstanding does CGI Group have?
CGI Group has 206,351,240 shares outstanding.
What happened to CGI Group’s price movement after its last earnings report?
CGI Group reported an EPS of $1.444 in its last earnings report, beating expectations of $1.426. Following the earnings report the stock price went down -1.838%.
Which hedge fund is a major shareholder of CGI Group?
Among the largest hedge funds holding CGI Group’s share is Fisher Asset Management LLC. It holds CGI Group’s shares valued at 444K.
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CGI Group Stock Smart Score
Outperform
1
2
3
4
5
6
7
8
9
10
Analyst Consensus
Strong Buy
Average Price Target:
$103.28 (-1.77% Downside)
$103.28 (-1.77% Downside)
Blogger Sentiment
Bullish
GIB Sentiment 100%
Sector Average 68%
Sector Average 68%
Hedge Fund Trend
Decreased
By 406.0 Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $183.5M over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Very Negative
Last 7 Days ▼ 1.4%
Last 30 Days ▼ 4.0%
Last 30 Days ▼ 4.0%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Negative
20 days / 200 days
Momentum
0.40%
12-Months-Change
Fundamentals
Return on Equity
19.58%
Trailing 12-Months
Asset Growth
-2.26%
Trailing 12-Months
Company Description
CGI Group
CGI, Inc. engages in the provision of information technology (IT) and consulting services. It operates through the following segments: Northern Europe, Canada, France, U.S. Commercial and State Government, U.S. Federal, U.K., Eastern, Central and Southern Europe (ECS), and Asia Pacific Global Delivery Centers of Excellence (APC). The Northern Europe segment includes Nordics, Baltics, and Poland operations. The France segment comprises of the Luxembourg and Morocco operations. The ECS segment covers Netherlands and Germany. The APC segment covers India and Philippines. The company was founded by Serge Godin and André Imbeau in June 1976 and is headquartered in Montreal, Canada.
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GIB Company Deck
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GIB Earnings Call
Q2 2024
0:00 / 0:00
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GIB Stock 12 Month Forecast
Average Price Target
$103.28
▼(-1.77% Downside)
Technical Analysis
Best Analysts Covering GIB
1 Year
1 Year Success Rate
29/34 ratings generated profit
1 Year Average Return
+12.17%
reiterated a buy rating 16 days ago
Copying Robert Young's trades and holding each position for 1 Year would result in 85.29% of your transactions generating a profit, with an average return of +12.17% per trade.
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