CGI Group Inc (GIB) Analysts See $0.71 EPS

July 17, 2017 - By Richard Conner

 CGI Group Inc (GIB) Analysts See $0.71 EPS

Analysts await CGI Group Inc (NYSE:GIB) to report earnings on July, 26. They expect $0.71 earnings per share, up 2.90 % or $0.02 from last year’s $0.69 per share. GIB’s profit will be $190.08M for 18.39 P/E if the $0.71 EPS becomes a reality. After $0.68 actual earnings per share reported by CGI Group Inc for the previous quarter, Wall Street now forecasts 4.41 % EPS growth. The stock decreased 1.40% or $0.74 during the last trading session, reaching $52.22. About 152,629 shares traded. CGI Group Inc (NYSE:GIB) has risen 9.32% since July 18, 2016 and is uptrending. It has underperformed by 7.38% the S&P500.

CGI Group Inc (NYSE:GIB) Ratings Coverage

Among 8 analysts covering CGI Group (NYSE:GIB), 5 have Buy rating, 1 Sell and 2 Hold. Therefore 63% are positive. CGI Group had 12 analyst reports since July 29, 2015 according to SRatingsIntel. The company was initiated on Monday, April 4 by TD Securities. The rating was upgraded by Desjardins Securities on Wednesday, November 4 to “Buy”. Societe Generale upgraded the shares of GIB in report on Thursday, November 12 to “Buy” rating. The stock of CGI Group Inc (NYSE:GIB) has “Buy” rating given on Thursday, November 10 by Dundee Securities. RBC Capital Markets maintained the stock with “Outperform” rating in Thursday, November 12 report. The firm earned “Outperform” rating on Thursday, January 28 by RBC Capital Markets. Macquarie Research initiated CGI Group Inc (NYSE:GIB) on Tuesday, September 27 with “Neutral” rating. The firm has “Sell” rating given on Friday, December 16 by Goldman Sachs. The stock of CGI Group Inc (NYSE:GIB) earned “Buy” rating by Desjardins Securities on Friday, May 27. Societe Generale downgraded CGI Group Inc (NYSE:GIB) on Thursday, November 10 to “Hold” rating.

CGI Group Inc. , directly or through its subsidiaries, manages information technology (IT) services, as well as business process services (BPS). The company has market cap of $13.98 billion. The Company’s services include the management of IT and business functions (outsourcing), systems integration and consulting, as well as the sale of software solutions. It has a 18.51 P/E ratio. The Company’s divisions are United States of America (U.S.); Nordics; Canada; France (including Luxembourg and Morocco) (France); United Kingdom (U.K.); Eastern, Central and Southern Europe (primarily the Netherlands and Germany) (ECS); and Asia Pacific (including Australia, India and the Philippines) (Asia Pacific).

Another recent and important CGI Group Inc (NYSE:GIB) news was published by Streetinsider.com which published an article titled: “Celadon Group (CGI) Says Paul C. Svindland to Succeed Paul Will as CEO” on July 13, 2017.

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