Analyst Ratings for CGI Group Inc. Cl A (GIB)Updated: 2017-07-27
Analysts covering CGI Group Inc. Cl A (NYSE:GIB) have given it a consensus rating of Overweight. Last month, GIB received an average rating of Overweight.
14 analysts declared GIB a buy, 2 gave an overweight rating, 5 issued a hold rating, 0 issued an underweight rating, and 2 gave a sell rating. Compared to three months ago, there has been an increase of 0 in the number of analysts with a positive outlook on the stock. Meanwhile, the number of analysts pessimistic about the company has increased by 0.
Many analysts weighed in on price targets for GIB. The maximum price target given was 62.08, implying a possible profit of 17.6 percent. The lowest price target was 29.91, implying a possible loss of -43.34 percent. Note that investment analysts can be biased in their reporting on companies's ratings and price targets.
In the last 30 days, analysts have changed their quarterly earnings estimates upwards by an average of 0.72 percent. That number becomes -2.09 percent if we expand the time horizon to include the past 3 months instead of just one. Over the past 30 days, FY earnings estimates have also changed upwards by 1.66 percent. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes -1.6 percent.
Investors like to see analysts making revisions in the same direction, as that raises confidence in the revisions. 3 analysts have revised their quarterly estimates upwards in the past 30 days, which can be compared to the 0 analysts that decreased their estimates. During this time, 3 analysts made positive revisions in their estimates for this fiscal year's earnings, compared to 0 analysts that revised their FY estimates downwards.
The growth rate of GIB's earnings is estimated by analysts to be -24.05 percent. The PEG ratio of a stock is another value frequently studied by investors. A lower PEG ratio is favorable, because people typically see that as an indicator of higher growth relative to stock price. Many investors consider PEG ratios between 0 and 1 as preferrable, even though it may be more relevant to compare the ratio to that of a firm's competitors. The PEG ratio of GIB is -0.61.
In the last 52-weeks, GIB has achieved a high of 53.65 and a low of 45.73. Today's price is 15.44 percent above the 52-week low, and 1.6 percent lower than its 52-week high. GIB has a P/E ratio of 14.75. Investors typically compare the P/E ratio to a company's peers in the industry. The GIB value stock report compares GIB to some of its peers using value stock charts. The stock has a market capitalization of $19.75 billion. GIB's next earnings release will be on 0000-00-00, which is days away.