Raymond James Has Pessimistic View of CGI Q2 Earnings

CGI Inc. (NYSE:GIB) (TSE:GIB.A) – Stock analysts at Raymond James cut their Q2 2025 earnings estimates for CGI in a research note issued to investors on Thursday, January 30th. Raymond James analyst S. Li now forecasts that the technology company will post earnings of $1.50 per share for the quarter, down from their prior forecast of $1.53. The consensus estimate for CGI’s current full-year earnings is $5.85 per share. Raymond James also issued estimates for CGI’s Q3 2025 earnings at $1.47 EPS, Q4 2025 earnings at $1.46 EPS and FY2026 earnings at $6.33 EPS.

CGI (NYSE:GIB) (TSE:GIB.A) last issued its quarterly earnings results on Wednesday, January 29th. The technology company reported $1.41 EPS for the quarter, meeting the consensus estimate of $1.41. CGI had a return on equity of 19.59% and a net margin of 11.72%.

Several other research analysts have also weighed in on the stock. Royal Bank of Canada restated an “outperform” rating and set a $178.00 price objective on shares of CGI in a research note on Monday, January 6th. StockNews.com upgraded CGI from a “sell” rating to a “hold” rating in a research note on Friday, November 15th. CIBC raised shares of CGI from a “neutral” rating to an “outperformer” rating and lifted their price objective for the stock from $155.00 to $178.00 in a research report on Tuesday, October 15th. Cibc World Mkts upgraded shares of CGI from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, October 15th. Finally, Jefferies Financial Group decreased their price target on shares of CGI from $140.00 to $135.00 and set a “buy” rating on the stock in a research note on Tuesday, January 21st. Two equities research analysts have rated the stock with a hold rating, three have issued a buy rating and two have issued a strong buy rating to the company’s stock. Based on data from MarketBeat.com, CGI currently has an average rating of “Buy” and an average price target of $150.75.

CGI Price Performance

Shares of GIB opened at $119.13 on Friday. The company has a market cap of $27.15 billion, a price-to-earnings ratio of 21.54, a PEG ratio of 2.49 and a beta of 0.95. The company has a current ratio of 1.36, a quick ratio of 1.02 and a debt-to-equity ratio of 0.29. The company’s fifty day simple moving average is $110.81 and its 200 day simple moving average is $111.27. CGI has a 1-year low of $96.92 and a 1-year high of $121.55.

Institutional Investors Weigh In On CGI

Several institutional investors and hedge funds have recently bought and sold shares of the company. Caisse DE Depot ET Placement DU Quebec boosted its stake in CGI by 1.4% in the third quarter. Caisse DE Depot ET Placement DU Quebec now owns 16,290,487 shares of the technology company’s stock valued at $1,876,550,000 after buying an additional 230,000 shares in the last quarter. National Bank of Canada FI lifted its holdings in shares of CGI by 23.6% in the third quarter. National Bank of Canada FI now owns 4,513,733 shares of the technology company’s stock worth $519,072,000 after acquiring an additional 861,771 shares during the last quarter. Fiera Capital Corp boosted its stake in shares of CGI by 2.7% in the 3rd quarter. Fiera Capital Corp now owns 4,384,639 shares of the technology company’s stock valued at $505,173,000 after purchasing an additional 114,864 shares in the last quarter. Bank of Montreal Can grew its holdings in shares of CGI by 3.3% during the 3rd quarter. Bank of Montreal Can now owns 3,275,421 shares of the technology company’s stock valued at $373,887,000 after purchasing an additional 104,300 shares during the last quarter. Finally, Cibc World Market Inc. increased its position in CGI by 2.1% during the 4th quarter. Cibc World Market Inc. now owns 1,978,249 shares of the technology company’s stock worth $216,369,000 after purchasing an additional 40,492 shares in the last quarter. Institutional investors own 66.68% of the company’s stock.

CGI Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Friday, March 21st. Investors of record on Friday, February 14th will be given a $0.1039 dividend. This represents a $0.42 dividend on an annualized basis and a dividend yield of 0.35%. The ex-dividend date of this dividend is Friday, February 14th. CGI’s payout ratio is currently 8.32%.

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.