CGI (TSE:GIB.A) Hits New 52-Week Low – Here’s What Happened

Shares of CGI Inc (TSE:GIB.A) (NYSE:GIB) hit a new 52-week low during mid-day trading on Wednesday . The stock traded as low as C$114.47 and last traded at C$114.93, with a volume of 391253 shares changing hands. The stock had previously closed at C$119.95.

Trending Headlines about CGI

Here are the key news stories impacting CGI this week:

• Positive Sentiment: TD Securities raised its price target to C$153 and kept a “buy” rating, increasing visible upside and likely supporting buying interest. Read More. Read More.
• Positive Sentiment: Desjardins initiated/issued a new C$157 price target with a “buy” rating, representing a material premium to the current price and bolstering bullish analyst coverage. Read More.
• Positive Sentiment: Canaccord Genuity moved its target to C$150 and retained a “buy” rating, signaling continued confidence from a major shop despite a modest cut. Read More.
• Positive Sentiment: Scotiabank set a C$140 target, adding another analyst reference point above the current price that can support demand from value-oriented investors. Read More.
• Negative Sentiment: BMO Capital Markets lowered its target from C$145 to C$137, a cut that tempers upside expectations and may reduce conviction among more cautious holders. Read More.
• Negative Sentiment: CIBC trimmed its price target from C$139 to C$132, another downward revision that offsets some of the positive analyst noise. Read More.
• Negative Sentiment: A recent Yahoo Finance piece highlights a ~29% one‑year share decline and frames CGI as a potential “value” opportunity — a signal that sentiment has been weak and some investors may remain cautious despite analyst buy calls. Read More.

Wall Street Analyst Weigh In

Several research firms have issued reports on GIB.A. TD Securities boosted their target price on CGI from C$145.00 to C$153.00 and gave the stock a “buy” rating in a research report on Thursday. BMO Capital Markets dropped their price objective on CGI from C$145.00 to C$137.00 in a report on Thursday. Royal Bank Of Canada reduced their target price on CGI from C$165.00 to C$150.00 and set an “outperform” rating for the company in a report on Monday. Canaccord Genuity Group lowered their price target on shares of CGI from C$155.00 to C$150.00 and set a “buy” rating on the stock in a research note on Thursday. Finally, CIBC reduced their price objective on shares of CGI from C$139.00 to C$132.00 in a research note on Thursday. Five investment analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company’s stock. According to data from MarketBeat, CGI has a consensus rating of “Moderate Buy” and a consensus price target of C$147.67.

CGI Stock Performance

The business has a 50 day moving average of C$125.78 and a 200-day moving average of C$127.55. The company has a debt-to-equity ratio of 34.24, a quick ratio of 0.97 and a current ratio of 1.16. The company has a market capitalization of C$25.24 billion, a P/E ratio of 15.88, a price-to-earnings-growth ratio of 2.24 and a beta of 0.23.

CGI (TSE:GIB.A) (NYSE:GIB) last issued its quarterly earnings data on Wednesday, January 28th. The company reported C$2.12 EPS for the quarter. CGI had a return on equity of 19.51% and a net margin of 11.51%.The company had revenue of C$4.08 billion during the quarter. On average, sell-side analysts predict that CGI Inc will post 8.3679245 EPS for the current fiscal year.

CGI Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, December 19th. Investors of record on Friday, December 19th were issued a dividend of $0.17 per share. The ex-dividend date was Friday, November 21st. This represents a $0.68 dividend on an annualized basis and a yield of 0.6%. This is a boost from CGI’s previous quarterly dividend of $0.15. CGI’s dividend payout ratio (DPR) is presently 8.16%.

CGI Company Profile

Founded in 1976, CGI is among the largest independent IT and business consulting services firms in the world. With 91,000 consultants and professionals across the globe, CGI delivers an end-to-end portfolio of capabilities, from strategic IT and business consulting to systems integration, managed IT and business process services and intellectual property solutions. CGI works with clients through a local relationship model complemented by a global delivery network that helps clients digitally transform their organizations and accelerate results.