Equities Analysts Issue Forecasts for CGI Q1 Earnings

CGI Inc. (NYSE:GIB) (TSE:GIB.A) – Stock analysts at Desjardins issued their Q1 2025 earnings per share (EPS) estimates for shares of CGI in a research note issued on Wednesday, November 6th. Desjardins analyst J. Dubreuil expects that the technology company will post earnings per share of $1.41 for the quarter. The consensus estimate for CGI’s current full-year earnings is $5.54 per share. Desjardins also issued estimates for CGI’s Q2 2025 earnings at $1.56 EPS, Q3 2025 earnings at $1.50 EPS, Q4 2025 earnings at $1.50 EPS, FY2025 earnings at $6.00 EPS and FY2026 earnings at $6.65 EPS.

A number of other equities analysts also recently weighed in on the stock. StockNews.com downgraded shares of CGI from a “hold” rating to a “sell” rating in a report on Thursday. Sanford C. Bernstein upgraded shares of CGI to a “strong-buy” rating in a research note on Thursday, August 1st. Jefferies Financial Group boosted their price target on CGI from $120.00 to $121.00 and gave the stock a “buy” rating in a research report on Tuesday, July 16th. Cibc World Mkts upgraded CGI from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, October 15th. Finally, UBS Group assumed coverage on CGI in a research note on Friday, July 19th. They set a “neutral” rating and a $112.00 target price for the company. One equities research analyst has rated the stock with a sell rating, one has given a hold rating, two have issued a buy rating and two have assigned a strong buy rating to the company. According to data from MarketBeat, CGI has an average rating of “Moderate Buy” and a consensus price target of $137.00.

CGI Stock Up 0.0 %

GIB stock opened at $112.52 on Friday. CGI has a twelve month low of $96.92 and a twelve month high of $118.89. The company has a market cap of $25.64 billion, a price-to-earnings ratio of 21.27, a P/E/G ratio of 2.38 and a beta of 0.96. The company has a quick ratio of 0.86, a current ratio of 1.16 and a debt-to-equity ratio of 0.22. The business has a 50 day moving average price of $113.97 and a two-hundred day moving average price of $107.58.

CGI (NYSE:GIB) (TSE:GIB.A) last released its earnings results on Wednesday, November 6th. The technology company reported $1.41 EPS for the quarter, beating the consensus estimate of $1.38 by $0.03. CGI had a return on equity of 20.21% and a net margin of 11.51%. The firm had revenue of $2.68 billion for the quarter, compared to analysts’ expectations of $2.62 billion.

Hedge Funds Weigh In On CGI

Several institutional investors and hedge funds have recently modified their holdings of the business. Blue Trust Inc. grew its position in shares of CGI by 288.2% during the 3rd quarter. Blue Trust Inc. now owns 788 shares of the technology company’s stock worth $91,000 after purchasing an additional 585 shares in the last quarter. CWM LLC grew its holdings in shares of CGI by 14.8% during the 3rd quarter. CWM LLC now owns 1,365 shares of the technology company’s stock worth $157,000 after purchasing an additional 176 shares in the last quarter. EverSource Wealth Advisors LLC increased its position in shares of CGI by 9.2% in the second quarter. EverSource Wealth Advisors LLC now owns 2,055 shares of the technology company’s stock worth $205,000 after purchasing an additional 173 shares during the period. Werba Rubin Papier Wealth Management acquired a new position in CGI in the third quarter valued at about $208,000. Finally, Thrivent Financial for Lutherans acquired a new stake in CGI during the third quarter worth about $209,000. 66.68% of the stock is currently owned by institutional investors and hedge funds.

CGI Dividend Announcement

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

About CGI

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.