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 minimum price target given was 29.91, implying potential capital losses of -43.34 percent. Some investors take price targets and stock ratings with a grain of salt, knowing that some analysts can have indirect business with the stocks they cover.
Analysts have revised their earnings estimates upwards for this quarter, by about 0.72 percent on average, compared to last month. The average change in earnings estimates over the last 90 days is -2.09 percent. On the other hand, earnings estimates for the fiscal year have been revised upwards by 1.66 percent, as compared to a month ago. If we look at the last 90 days instead, we find a net average change of -1.6 percent in FY estimates.
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. Over the same time period, 3 analysts revised their FY earnings estimates upwards, while 0 analysts decreased their estimates.
Analysts estimate earnings of GIB to grow at a rate of -24.05 percent. It's possible to gain additional insight about growth valuation of a company by looking at the PEG ratio. A lower PEG ratio is favorable, as that can indicate whether the high price level of a stock is warranted by high growth. PEG ratios below 1 are often considered desirable, but many choose to perform ratio comparisons with other companies in the industry. The PEG ratio of GIB is -0.61.
In the trailing 52-weeks, GIB hit 53.65 at the highest peak, while it's lowest trading point was 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 price/earnings 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 market cap of GIB is $19.75 billion. GIB will post this quarters earnings in days, on 0000-00-00.