CGI secures $162M five-year contract as strategic delivery partner to UK cabinet office
Seeking Alpha News (Wed, 27-Mar 7:17 AM ET)
CGI appointed as Strategic Delivery Partner to UK Cabinet Office for digital transformation
PRNewswire (Wed, 27-Mar 6:30 AM ET)
TipRanks (Mon, 25-Mar 6:40 AM ET)
PRNewswire (Tue, 19-Mar 6:30 AM ET)
PRNewswire (Fri, 1-Mar 6:30 AM ET)
Massachusetts selects CGI for transformation of Commonwealth's enterprise financial system
PRNewswire (Tue, 27-Feb 6:30 AM ET)
CGI announces intent to repurchase 1.67 million of its shares
PRNewswire (Fri, 23-Feb 6:30 AM ET)
PRNewswire (Wed, 21-Feb 6:30 AM ET)
PRNewswire (Wed, 14-Feb 5:00 AM ET)
CGI's 2023 ESG Report highlights progress through responsible innovation
PRNewswire (Tue, 13-Feb 6:30 AM ET)
CGI Inc. 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, or BPS. The company's largest vertical market is government, which contributes more than a third of group revenue.
Cgi trades on the NYSE stock market under the symbol GIB.
As of March 28, 2024, GIB stock price climbed to $110.47 with 39,984 million shares trading.
GIB has a beta of 1.04, meaning it tends to be more sensitive to market movements. GIB has a correlation of 0.38 to the broad based SPY ETF.
GIB has a market cap of $25.69 billion. This is considered a Large Cap stock.
Last quarter Cgi reported $3 billion in Revenue and $1.34 earnings per share. This fell short of revenue expectation by $-13 million and missed earnings estimates by -$.01.
In the last 3 years, GIB stock traded as high as $118.89 and as low as $72.23.
The top ETF exchange traded funds that GIB belongs to (by Net Assets): GSIE, IGM, DFAI, DFIC, DIHP.
GIB has underperformed the market in the last year with a price return of +17.9% while the SPY ETF gained +33.7%. GIB has also underperformed the stock market ETF in the last 3 month and 2 week periods returning +2.9% and -6.7%, respectively, while the SPY returned +10.1% and +1.7%, respectively.
GIB support price is $108.62 and resistance is $111.26 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that GIB stock will trade within this expected range on the day.