Cgi Inc Stock Today
| GIB Stock | USD 105.29 0.60 0.57% |
Performance0 of 100
| Odds Of DistressLess than 9
|
CGI is trading at 105.29 as of the 24th of April 2024, a -0.57 percent decrease since the beginning of the trading day. The stock's open price was 105.89. CGI has less than a 9 % chance of experiencing financial distress in the next few years, but has generated negative returns over the last 90 days. Equity ratings for CGI Inc are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 24th of February 2024 and ending today, the 24th of April 2024. Click here to learn more.
Business Domain Software & Services | IPO Date 7th of October 1998 | Category Technology | Classification Information Technology |
CGI Inc., together with its subsidiaries, provides information technology and business process services in Canada Western, Southern, Central, and Eastern Europe Australia Scandinavia Finland, Poland, and Baltics the United States the United Kingdom and the Asia Pacific. The company has 206.35 M outstanding shares of which 825.14 K shares are currently shorted by investors with about 5.79 days to cover. More on CGI Inc
Moving together with CGI Stock
| 0.62 | KD | Kyndryl Holdings Earnings Call This Week | PairCorr |
Moving against CGI Stock
| 0.55 | AUR | Aurora Innovation | PairCorr |
CGI Stock Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. CGI's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding CGI or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
ESG Sustainability
Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary, CGI's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to CGI's managers, analysts, and investors.
Environment Score | Governance Score | Social Score |
| CEO | George Schindler | ||||
| Thematic Idea | Technology (View all Themes) | ||||
| Old Names | [GSW Immobilien AG, GSW Immobilien AG, GSW Immobilien AG, GSW Immobilien AG, GSW Immobilien AG, GSW Immobilien AG] | ||||
| Business Concentration | IT Consulting & Other Services, Information Technology Services, Information Technology, NYSE Composite, Technology, Information Technology, IT Services, Information Technology Services, Technology (View all Sectors) | ||||
| Average Analyst Recommendation Analysts covering CGI report their recommendations after researching CGI's financial statements, talking to executives and customers, or listening in on CGI's conference calls. The current trade recommendation is based on an ongoing consensus estimate among financial analysts covering CGI Inc. The CGI consensus assessment is calculated by taking the average forecast from all of the analysts covering CGI. | |||||
CGI's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to CGI's success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit. | |||||
Financial leverage usually refers to the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand CGI's financial leverage. It provides some insight into what part of CGI's total assets is financed by creditors.
| |||||
CGI Inc (GIB) is traded on New York Stock Exchange in USA. It is located in 1350 René-Lévesque Blvd West, Montreal, QC, Canada, H3G 1T4 and employs 90,500 people. CGI is listed under IT Consulting & Other Services category by Fama And French industry classification. The company currently falls under 'Large-Cap' category with a total capitalization of 24.44 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate CGI's market, we take the total number of its shares issued and multiply it by CGI's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. CGI Inc runs under IT Services sector within Information Technology industry. The entity has 206.35 M outstanding shares of which 825.14 K shares are currently shorted by investors with about 5.79 days to cover.
CGI Inc has about 966.46 M in cash with 2.11 B of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 4.21.
Check CGI Probability Of Bankruptcy
Ownership AllocationCGI Inc retains a total of 206.35 Million outstanding shares. Over half of CGI's outstanding shares are owned by other corporate entities. These other corporate entities are typically referred to as corporate investors that acquire positions in a given instrument to benefit from reduced trade commissions. Thereupon, these institutions are subject to different rules and regulations than regular investors in CGI. Please watch out for any change in the institutional holdings of CGI Inc as this could mean something significant has changed or is about to change at the company. Note that regardless of who owns the company, if the true value of the entity is less than the market is willing to pay for it, you may not be able to generate positive returns over time.
Check CGI Ownership Details
CGI Stock Price Odds Analysis
What are CGI's target price odds to finish over the current price? Depending on a normal probability distribution, the odds of CGI jumping above the current price in 90 days from now is about 92.38%. The CGI Inc probability density function shows the probability of CGI stock to fall within a particular range of prices over 90 days. Considering the 90-day investment horizon the stock has a beta coefficient of 1.2552. This usually indicates as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, CGI will likely underperform. Additionally, cGI Inc has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the NYSE Composite.
Based on a normal probability distribution, the odds of CGI to move above the current price in 90 days from now is about 92.38 (This CGI Inc probability density function shows the probability of CGI Stock to fall within a particular range of prices over 90 days) .
CGI Stock Institutional Holders
Institutional Holdings refers to the ownership stake in CGI that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of CGI's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing CGI's value.| Instituion | Recorded On | Shares | |
| Arrowstreet Capital Limited Partnership | 2023-12-31 | 3.1 M | |
| Beutel, Goodman & Company Ltd. | 2023-12-31 | 2.6 M | |
| Norges Bank | 2023-12-31 | 2.6 M | |
| Amvescap Plc. | 2023-12-31 | 2.5 M | |
| Td Asset Management Inc | 2023-12-31 | 2.2 M | |
| Fmr Inc | 2023-12-31 | 1.9 M | |
| Legal & General Group Plc | 2023-12-31 | 1.8 M | |
| Cibc World Markets Inc. | 2023-12-31 | 1.7 M | |
| Goldman Sachs Group Inc | 2023-12-31 | 1.5 M | |
| Caisse De Depot Et Placement Du Quebec | 2023-12-31 | 18.9 M | |
| Vanguard Group Inc | 2023-12-31 | 7.5 M |
CGI Historical Income Statement
CGI Inc Income Statement is one of the three primary financial statements used for reporting CGI's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of CGI Inc revenue and expense. CGI Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At present, CGI's Depreciation And Amortization is projected to increase significantly based on the last few years of reporting. The current year's Interest Expense is expected to grow to about 106 M, whereas Research Development is forecasted to decline to about 7.4 M. View More FundamentalsCGI Stock Against Markets
Picking the right benchmark for CGI stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in CGI stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for CGI is critical whether you are bullish or bearish towards CGI Inc at a given time. Please also check how CGI's historical prices are related to one of the top price index indicators.
Be your own money manager
Our tools can tell you how much better you can do entering a position in CGI without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
Run Headlines Timeline Now
Headlines TimelineStay connected to all market stories and filter out noise. Drill down to analyze hype elasticity |
| All Next | Launch Module |
CGI Corporate Directors
CGI corporate directors refer to members of a CGI board of directors. The board of directors generally takes responsibility for the CGI's affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of CGI's board members must vote for the resolution. The CGI board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.| Timothy Hearn | Lead Independent Director | Profile | |
| Jean Brassard | Independent Director | Profile | |
| Joakim Westh | Independent Director | Profile | |
| Heather MunroeBlum | Independent Director | Profile |
How to buy CGI Stock?
Before investing in CGI, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in CGI. To buy CGI stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of CGI. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase CGI stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located CGI Inc stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased CGI Inc stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as CGI Inc, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. For more information on how to buy CGI Stock please use our How to Invest in CGI guide.
Already Invested in CGI Inc?
The danger of trading CGI Inc is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of CGI is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than CGI. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile CGI Inc is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether CGI Inc offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of CGI's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Cgi Inc Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Cgi Inc Stock: Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in CGI Inc. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in gross domestic product. You can also try the ETFs module to find actively traded Exchange Traded Funds (ETF) from around the world.
Complementary Tools for CGI Stock analysis
When running CGI's price analysis, check to measure CGI's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy CGI is operating at the current time. Most of CGI's value examination focuses on studying past and present price action to predict the probability of CGI's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move CGI's price. Additionally, you may evaluate how the addition of CGI to your portfolios can decrease your overall portfolio volatility.
| Price Transformation Use Price Transformation models to analyze the depth of different equity instruments across global markets | |
| Alpha Finder Use alpha and beta coefficients to find investment opportunities after accounting for the risk | |
| Sectors List of equity sectors categorizing publicly traded companies based on their primary business activities | |
| Portfolio Rebalancing Analyze risk-adjusted returns against different time horizons to find asset-allocation targets | |
| Top Crypto Exchanges Search and analyze digital assets across top global cryptocurrency exchanges | |
| Financial Widgets Easily integrated Macroaxis content with over 30 different plug-and-play financial widgets |
Is CGI's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of CGI. If investors know CGI will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about CGI listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.044 | Earnings Share 5.04 | Revenue Per Share 62.124 | Return On Assets 0.0932 | Return On Equity 0.1988 |
The market value of CGI Inc is measured differently than its book value, which is the value of CGI that is recorded on the company's balance sheet. Investors also form their own opinion of CGI's value that differs from its market value or its book value, called intrinsic value, which is CGI's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because CGI's market value can be influenced by many factors that don't directly affect CGI's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between CGI's value and its price as these two are different measures arrived at by different means. Investors typically determine if CGI is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, CGI's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.