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.
Investment analysts gave a few price targets for GIB. The highest price target was 62.08, implying potential capital gains of 17.6 percent. The most pessimistic price target was 29.91, implying potential capital losses of -43.34 percent. It is crucial to not blindly accept any price targets or stock ratings, because many analysts have it in their best interest to give positive coverage of certain stocks.
Over the past month, analysts have revised their estimates for this quarter's earnings, with a net average change of 0.72 percent. The average change in earnings estimates over the last 90 days is -2.09 percent. 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. Also over the last month, 3 analysts increased their estimates for the FY earnings, compared to 0 analysts that revised their FY estimates downwards.
GIB has an estimated earnings growth rate of -24.05 percent as forecasted by analysts. Another measure frequently examined by investors is the PEG ratio. Smaller PEG ratios are desirable, because people typically see that as an indicator of higher growth relative to stock price. People often look for the PEG ratio to be under 1, but many choose to perform ratio comparisons with other companies in the industry. GIB has a PEG ratio of -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 will post this quarters earnings in days, on 0000-00-00.