Stifel Canada Forecasts CGI’s Q1 Earnings (NYSE:GIB)

CGI Inc. (NYSE:GIBFree Report) (TSE:GIB.A) – Equities research analysts at Stifel Canada issued their Q1 2025 earnings estimates for CGI in a report issued on Monday, January 27th. Stifel Canada analyst S. Sukumar expects that the technology company will post earnings per share of $1.37 for the quarter. The consensus estimate for CGI’s current full-year earnings is $5.90 per share. Stifel Canada also issued estimates for CGI’s Q2 2025 earnings at $1.44 EPS, Q3 2025 earnings at $1.45 EPS, Q4 2025 earnings at $1.48 EPS, FY2025 earnings at $5.74 EPS and FY2026 earnings at $6.18 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 return on equity of 19.74% and a net margin of 11.53%.

Other equities analysts also recently issued reports about the stock. StockNews.com raised shares of CGI from a “sell” rating to a “hold” rating in a research note on Friday, November 15th. Royal Bank of Canada reiterated an “outperform” rating and issued a $178.00 price objective on shares of CGI in a research report on Monday, January 6th. Cibc World Mkts upgraded shares of CGI from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, October 15th. CIBC raised shares of CGI from a “neutral” rating to an “outperformer” rating and raised their target price for the company from $155.00 to $178.00 in a research note on Tuesday, October 15th. Finally, Jefferies Financial Group dropped their price target on shares of CGI from $140.00 to $135.00 and set a “buy” rating for the company in a research note on Tuesday, January 21st. Two 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’s stock. According to MarketBeat, the company currently has an average rating of “Buy” and a consensus target price of $150.75.

Check Out Our Latest Research Report on CGI

CGI Stock Performance

Shares of NYSE:GIB opened at $114.72 on Wednesday. The business has a fifty day moving average of $110.71 and a 200-day moving average of $111.24. The company has a debt-to-equity ratio of 0.29, a quick ratio of 1.02 and a current ratio of 1.36. CGI has a twelve month low of $96.92 and a twelve month high of $118.89. The firm has a market cap of $26.14 billion, a PE ratio of 21.32, a price-to-earnings-growth ratio of 2.40 and a beta of 0.95.

Institutional Trading of CGI

A number of hedge funds have recently modified their holdings of the company. Allspring Global Investments Holdings LLC grew its holdings in CGI by 66.1% during the fourth quarter. Allspring Global Investments Holdings LLC now owns 65,445 shares of the technology company’s stock valued at $7,152,000 after purchasing an additional 26,038 shares during the period. Lester Murray Antman dba SimplyRich boosted its position in shares of CGI by 1.2% during the fourth quarter. Lester Murray Antman dba SimplyRich now owns 30,397 shares of the technology company’s stock worth $3,323,000 after purchasing an additional 350 shares in the last quarter. WCM Investment Management LLC grew its holdings in shares of CGI by 88.3% in the 4th quarter. WCM Investment Management LLC now owns 23,634 shares of the technology company’s stock valued at $2,583,000 after buying an additional 11,082 shares during the period. GHP Investment Advisors Inc. increased its position in shares of CGI by 3.7% in the 4th quarter. GHP Investment Advisors Inc. now owns 44,656 shares of the technology company’s stock valued at $4,882,000 after buying an additional 1,591 shares in the last quarter. Finally, Haven Global Partners LLC acquired a new stake in CGI during the 4th quarter worth $10,711,000. 66.68% of the stock is currently owned by institutional investors and hedge funds.

CGI Dividend Announcement

The business also recently announced a — dividend, which was paid on Friday, December 20th. Stockholders of record on Wednesday, November 20th were given a dividend of $0.111 per share. The ex-dividend date was Wednesday, November 20th. This represents a dividend yield of 0.4%. CGI’s payout ratio is currently 8.55%.

About CGI

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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.

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Earnings History and Estimates for CGI (NYSE:GIB)

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