Raymond James Forecasts CGI’s Q1 Earnings (NYSE:GIB)

CGI Inc. (NYSE:GIB) (TSE:GIB.A) – Equities researchers at Raymond James issued their Q1 2025 earnings per share estimates for CGI in a report released on Wednesday, November 6th. Raymond James analyst S. Li anticipates that the technology company will earn $1.41 per share for the quarter. The consensus estimate for CGI’s current full-year earnings is $6.05 per share. Raymond James also issued estimates for CGI’s Q2 2025 earnings at $1.53 EPS, Q3 2025 earnings at $1.51 EPS, Q4 2025 earnings at $1.51 EPS, FY2025 earnings at $5.98 EPS and FY2026 earnings at $6.51 EPS.

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

CGI Price Performance

NYSE GIB opened at $111.15 on Friday. CGI has a 1 year low of $96.92 and a 1 year high of $118.89. The company has a fifty day simple moving average of $113.97 and a 200 day simple moving average of $107.65. The company has a current ratio of 1.16, a quick ratio of 0.86 and a debt-to-equity ratio of 0.22. The company has a market cap of $25.33 billion, a P/E ratio of 20.66, a P/E/G ratio of 2.39 and a beta of 0.96.

CGI Announces Dividend

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 $0.111 dividend. The ex-dividend date of this dividend is Wednesday, November 20th. This represents a dividend yield of 0.4%.

Institutional Investors Weigh In On CGI

A number of institutional investors have recently bought and sold shares of the business. Crestwood Advisors Group LLC lifted its holdings in shares of CGI by 2.4% during the 3rd quarter. Crestwood Advisors Group LLC now owns 4,222 shares of the technology company’s stock worth $485,000 after acquiring an additional 97 shares during the period. First Affirmative Financial Network raised its position in CGI by 4.0% in the second quarter. First Affirmative Financial Network now owns 2,841 shares of the technology company’s stock worth $284,000 after purchasing an additional 109 shares in the last quarter. West Family Investments Inc. lifted its stake in CGI by 5.5% during the third quarter. West Family Investments Inc. now owns 2,323 shares of the technology company’s stock worth $267,000 after purchasing an additional 121 shares during the period. Cigna Investments Inc. New boosted its holdings in CGI by 3.8% during the second quarter. Cigna Investments Inc. New now owns 3,948 shares of the technology company’s stock valued at $394,000 after purchasing an additional 146 shares in the last quarter. Finally, EverSource Wealth Advisors LLC grew its stake in shares of CGI by 9.2% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 2,055 shares of the technology company’s stock valued at $205,000 after purchasing an additional 173 shares during the period. Institutional investors and hedge funds own 66.68% of the company’s stock.

CGI Company Profile

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.