Desjardins Comments on CGI’s FY2025 Earnings (NYSE:GIB)

CGI Inc. (NYSE:GIBFree Report) (TSE:GIB.A) – Equities researchers at Desjardins decreased their FY2025 EPS estimates for shares of CGI in a research report issued to clients and investors on Thursday, January 30th. Desjardins analyst J. Dubreuil now anticipates that the technology company will post earnings of $5.89 per share for the year, down from their previous estimate of $6.00. The consensus estimate for CGI’s current full-year earnings is $5.79 per share. Desjardins also issued estimates for CGI’s Q4 2026 earnings at $1.61 EPS.

CGI (NYSE:GIBGet Free Report) (TSE:GIB.A) last released its quarterly earnings results on Wednesday, January 29th. The technology company reported $1.41 earnings per share for the quarter, meeting analysts’ consensus estimates of $1.41. CGI had a net margin of 11.72% and a return on equity of 19.32%.

Other research analysts have also issued reports about the company. StockNews.com raised CGI from a “sell” rating to a “hold” rating in a report on Friday, November 15th. CIBC raised shares of CGI from a “neutral” rating to an “outperformer” rating and increased their price target for the stock from $155.00 to $178.00 in a report on Tuesday, October 15th. Cibc World Mkts upgraded shares of CGI from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, October 15th. UBS Group raised their target price on CGI from $118.00 to $122.00 and gave the company a “neutral” rating in a research report on Monday. Finally, Royal Bank of Canada restated an “outperform” rating and issued a $178.00 price objective on shares of CGI in a research report on Monday, January 6th. Two equities research analysts have rated the stock with a hold rating, three have assigned a buy rating and two have assigned a strong buy rating to the company. Based on data from MarketBeat, CGI currently has a consensus rating of “Buy” and a consensus target price of $153.25.

Check Out Our Latest Research Report on GIB

CGI Price Performance

Shares of GIB stock opened at $118.17 on Monday. CGI has a fifty-two week low of $96.92 and a fifty-two week high of $121.55. The company has a debt-to-equity ratio of 0.28, a quick ratio of 1.04 and a current ratio of 1.31. The firm has a market capitalization of $26.79 billion, a price-to-earnings ratio of 21.37, a PEG ratio of 2.59 and a beta of 0.94. The stock’s 50-day simple moving average is $111.19 and its 200-day simple moving average is $111.55.

CGI Announces Dividend

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

Institutional Investors Weigh In On CGI

Large investors have recently modified their holdings of the business. Canoe Financial LP purchased a new stake in CGI during the 4th quarter valued at about $94,390,000. National Bank of Canada FI lifted its position in CGI by 23.6% during 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 buying an additional 861,771 shares in the last quarter. Connor Clark & Lunn Investment Management Ltd. boosted its stake in CGI by 68.2% during the third quarter. Connor Clark & Lunn Investment Management Ltd. now owns 1,368,822 shares of the technology company’s stock worth $157,485,000 after buying an additional 555,017 shares during the last quarter. Barclays PLC boosted its stake in CGI by 182.6% during the third quarter. Barclays PLC now owns 476,758 shares of the technology company’s stock worth $54,808,000 after buying an additional 308,040 shares during the last quarter. Finally, Caisse DE Depot ET Placement DU Quebec raised its holdings in shares of CGI by 1.4% during the 3rd quarter. Caisse DE Depot ET Placement DU Quebec now owns 16,290,487 shares of the technology company’s stock worth $1,876,550,000 after acquiring an additional 230,000 shares during the period. Hedge funds and other institutional investors own 66.68% of the company’s stock.

About CGI

(Get Free Report)

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.

Read More

Earnings History and Estimates for CGI (NYSE:GIB)

Receive News & Ratings for CGI Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for CGI and related companies with MarketBeat.com's FREE daily email newsletter.