CGI
GIB

$108.85

0.9%

Market Cap: 24.8B

About: CGI is a Canada-based IT-services provider with an embedded position in North America and Europe. The company generates more than CAD 14 billion in annual revenue, employs over 90,000 personnel, and operates across 400 offices in 40 countries. CGI offers a broad portfolio of services such as consulting, systems integration, application maintenance, and business process services. Its largest vertical market is government, which contributes more than a third of group revenue.

Employees: 91,500

0

Funds holding %

of 6,702 funds

–

Analysts bullish %

0

News positive %

of 21 articles

Fund manager confidence

Based on 2024 Q1 SEC filings by fund managers ($100M+ AUM)

147% more call options, than puts

Call options by funds: $29.7M | Put options by funds: $12M

16% more first-time investments, than exits

New positions opened: 36 | Existing positions closed: 31

2% more funds holding

Funds holding: 314 [Q4 2023] → 319 (+5) [Q1 2024]

3% more capital invested

Capital invested by funds: $12.8B [Q4 2023] → $13.1B (+$366M) [Q1 2024]

0.2% less ownership

Funds ownership: 57.55% [Q4 2023] → 57.34% (-0.2%) [Q1 2024]

2% less repeat investments, than reductions

Existing positions increased: 113 | Existing positions reduced: 115

8% less funds holding in top 10

Funds holding in top 10: 12 [Q4 2023] → 11 (-1) [Q1 2024]

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Research analyst outlook

1 Wall Street Analyst provided 1 year price forecasts over the past 6 months

Low target

$112

3%

upside

Avg. target

$112

3%

upside

High target

$112

3%

upside

1 analyst rating

0 positive

0%

1 neutral

100%

0 negative

0%

UBS

Kevin Mcveigh

3%upside

$112

Neutral

Initiated

19 Jul 2024

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Financial journalist opinion

Based on 21 articles about GIB published over the past 30 days

CGI continues technology modernization initiatives for the Environmental Protection Agency

Stock Market Symbols GIB.A (TSX) GIB (NYSE) cgi.com/newsroom FAIRFAX, Va. , July 25, 2024 /PRNewswire/ - CGI Federal Inc. (CGI), the wholly-owned U.S. operating subsidiary of CGI Inc. (TSX: GIB.A) (NYSE: GIB), has been selected to provide modern technology solutions to the Environmental Protection Agency's (EPA) Office of Research and Development (ORD).

CGI continues technology modernization initiatives for the Environmental Protection Agency

Zacks Investment Research

CGI Group (GIB) Earnings Expected to Grow: Should You Buy?

CGI (GIB) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

CGI Group (GIB) Earnings Expected to Grow: Should You Buy?

CGI to release third quarter fiscal 2024 results on July 31

Stock Market Symbols GIB.A (TSX) GIB (NYSE) cgi.com/newsroom MONTRÉAL, July 24, 2024 /PRNewswire/ - CGI (TSX: GIB.A) (NYSE: GIB) will release results for its third quarter fiscal year 2024, ended June 30, 2024, on Wednesday, July 31, 2024 before the markets open. Management will host a conference call to discuss results and answer questions at 9:00 a.m.

CGI to release third quarter fiscal 2024 results on July 31

CGI positioned as a Major Player for Worldwide Business Consulting Services in IDC MarketScape Report

Stock Market Symbols GIB.A (TSX) GIB (NYSE) cgi.com/newsroom MONTRÉAL, July 23, 2024 /PRNewswire/ - CGI (TSX: GIB.A) (NYSE: GIB), one of the world's largest business and IT consulting firms, has been positioned as a Major Player by the IDC MarketScape: Worldwide Business Consulting Services 2024 Vendor Assessment*. CGI's business consulting experience is based on its ability to deliver the insights, capabilities, and advisory services clients require to balance short-term and long-term imperatives to drive outcomes aligned to their business strategies.

CGI positioned as a Major Player for Worldwide Business Consulting Services in IDC MarketScape Report

CGI announces Agile Catalyst™ framework for U.S. federal agencies

Unique Agile tools and capabilities designed to drive transformation, transparency and team alignment in government organizations FAIRFAX, Va. , July 22, 2024 /PRNewswire/ -- CGI Federal Inc. (CGI), the wholly-owned U.S. operating subsidiary of CGI Inc. (NYSE: GIB) (TSX: GIB.A), today introduced CGI Agile Catalyst™, a framework comprised of tools and consulting services to help U.S. federal agencies determine the right agile implementation and delivery approach based on their unique challenges, ecosystems and level of agile maturity.

CGI announces Agile Catalyst™ framework for U.S. federal agencies

Bladex Selects CGI as Partner for Trade Finance Business Evolution, Enabled by the CGI Trade360® Global Technology Platform

PANAMA CITY , July 18, 2024 /PRNewswire/ -- Bladex - Banco Latinoamericano de Comercio Exterior (NYSE: BLX) and CGI (TSX: GIB.A) (NYSE: GIB), one of the world's largest independent business and IT consulting firms, announced an agreement for the implementation of the CGI Trade360 trade technology platform. Bladex will become the first bank headquartered in Latin America to implement the CGI Trade360 platform, an award-winning software-as-a-service (SaaS) platform utilized by global banks to support trade finance in over 85 countries across Asia, Europe, North America, and Oceanias.

Bladex Selects CGI as Partner for Trade Finance Business Evolution, Enabled by the CGI Trade360® Global Technology Platform

Bladex selects CGI as partner for trade finance business evolution, enabled by the CGI Trade360® global technology platform

Stock Market Symbols GIB.A (TSX) GIB (NYSE) www.cgi.com/newsroom MONTRÉAL, July 18, 2024 /PRNewswire/ - CGI (TSX: GIB.A) (NYSE: GIB), one of the largest independent IT and business consulting services firms in the world, and Bladex (NYSE: BLX), Banco Latinoamericano de Comercio Exterior, announced an agreement for the implementation of the CGI Trade360® trade technology platform. Bladex will become the first bank headquartered in Latin America to implement the CGI Trade360® platform, an award-winning software-as-a-service (SaaS) platform utilized by global banks to support trade finance in over 85 countries across Asia, Europe, North America and Oceania.

Bladex selects CGI as partner for trade finance business evolution, enabled by the CGI Trade360® global technology platform

CGI wins Business Value Award by the DevOps Agile Skills Association (DASA)

Stock Market Symbols GIB.A (TSX) GIB (NYSE) cgi.com/newsroom BENGALURU, India, July 17, 2024 /PRNewswire/ - CGI, (TSX: GIB.A) (NYSE: GIB), one of the largest independent IT and business consulting services firms in the world, has received the DASA DevOps Business Value award for its exceptional ability to translate DevOps principles and practices into tangible business value for clients across industry sectors. DASA is the world's largest DevOps and Agile industry body worldwide.

CGI wins Business Value Award by the DevOps Agile Skills Association (DASA)

City of Austin Selects CGI to upgrade business management systems to CGI Advantage®

Stock Market Symbols GIB.A (TSX) GIB (NYSE) cgi.com/newsroom Latest modernization initiative will enhance security, improve transparencyand prepare city for future tech advancements AUSTIN, Texas , July 16, 2024 /PRNewswire/ - CGI (TSX: GIB.A) (NYSE: GIB), one of the largest independent IT and business consulting services firms in the world, today announced the award of a contract with the City of Austin, Texas, for an upgrade of the city's enterprise resource planning (ERP) systems to the latest version of CGI Advantage®, a cloud-based, built-for-government solution that integrates financial, vendor self-service, and procurement in a modern, unified platform. Continuing a long-term partnership with the city, CGI will introduce new features, including grants lifecycle management and other business processes that enable greater efficiency and cost savings for Austin's municipal government.

City of Austin Selects CGI to upgrade business management systems to CGI Advantage®

Zacks Investment Research

CGI Group's (GIB) Expanding Clientele Boosts Growth Prospects

CGI Group (GIB) boosts Los Angeles operations with a streamlined, cloud-based CGI Advantage solution, transforming financial management and procurement efficiency.

CGI Group's (GIB) Expanding Clientele Boosts Growth Prospects

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