National Bank Financial Predicts CGI Q1 Earnings

CGI Inc. (NYSE:GIB) (TSE:GIB.A) – National Bank Financial issued their Q1 2025 EPS estimates for shares of CGI in a note issued to investors on Wednesday, November 6th. National Bank Financial analyst R. Tse expects that the technology company will earn $1.43 per share for the quarter. The consensus estimate for CGI’s current full-year earnings is $5.54 per share. National Bank Financial also issued estimates for CGI’s FY2025 earnings at $6.05 EPS.

Several other research analysts have also issued reports on GIB. Sanford C. Bernstein upgraded shares of CGI to a “strong-buy” rating in a report on Thursday, August 1st. StockNews.com lowered shares of CGI from a “hold” rating to a “sell” rating in a research note on Thursday. CIBC raised CGI from a “neutral” rating to an “outperformer” rating and increased their price target for the company from $155.00 to $178.00 in a research report on Tuesday, October 15th. Cibc World Mkts raised CGI from a “hold” rating to a “strong-buy” rating in a report on Tuesday, October 15th. Finally, UBS Group assumed coverage on shares of CGI in a research note on Friday, July 19th. They set a “neutral” rating and a $112.00 price target 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 issued a strong buy rating to the stock. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average price target of $137.00.

CGI Stock Performance

CGI stock opened at $112.52 on Friday. The business’s 50-day moving average price is $113.97 and its two-hundred day moving average price is $107.58. CGI has a 12-month low of $96.92 and a 12-month high of $118.89. 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 stock has a market cap of $25.64 billion, a PE ratio of 21.27, a P/E/G ratio of 2.38 and a beta of 0.96.

CGI (NYSE:GIB) (TSE:GIB.A) last released its earnings results on Wednesday, November 6th. The technology company reported $1.41 earnings per share for the quarter, beating analysts’ consensus estimates 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 during the quarter, compared to the consensus estimate of $2.62 billion.

Institutional Investors Weigh In On CGI

Hedge funds have recently bought and sold shares of the stock. Blue Trust Inc. lifted its holdings in shares of CGI by 288.2% in the 3rd quarter. Blue Trust Inc. now owns 788 shares of the technology company’s stock worth $91,000 after acquiring an additional 585 shares during the last quarter. CWM LLC lifted its stake in CGI by 14.8% in the third quarter. CWM LLC now owns 1,365 shares of the technology company’s stock worth $157,000 after purchasing an additional 176 shares during the last quarter. Werba Rubin Papier Wealth Management purchased a new stake in CGI during the third quarter valued at about $208,000. Thrivent Financial for Lutherans bought a new position in shares of CGI during the third quarter valued at about $209,000. Finally, Atria Investments Inc purchased a new position in shares of CGI in the third quarter worth about $218,000. 66.68% of the stock is currently owned by institutional investors.

CGI Announces Dividend

The firm also recently announced a — dividend, which will be paid on Friday, December 20th. Investors 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.