Media coverage about CGI (NYSE:GIB) (TSE:GIB.A) has trended somewhat positive recently, Accern Sentiment reports. Accern identifies positive and negative news coverage by reviewing more than 20 million blog and news sources in real time. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. CGI earned a coverage optimism score of 0.15 on Accern’s scale. Accern also gave news stories about the technology company an impact score of 47.083356246391 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the stock’s share price in the near term.
Here are some of the media stories that may have effected Accern Sentiment Analysis’s rankings:
- Marvel Of CGI: Digital Work On Young Nick Fury Looks Incredible In ‘Captain Marvel’ (sciencefiction.com)
- GE (GE), CGI Group (GIB) Announce Alliance Agreement for Electric Grid Software Development & Implementation … (streetinsider.com)
- Balmain’s New Ad Campaign Features Only CGI Models (revelist.com)
- Williams Lea Tag expands capabilities with CGI buy (printweek.com)
- How the biggest movies are replacing actors and sets with CGI (radiotimes.com)
GIB has been the subject of a number of recent analyst reports. Zacks Investment Research downgraded shares of CGI from a “hold” rating to a “sell” rating in a research report on Wednesday, July 4th. Scotiabank downgraded shares of CGI from an “outperform” rating to a “sector perform” rating in a research report on Tuesday, July 17th. Barclays upped their price objective on shares of CGI from $64.00 to $68.00 and gave the stock an “overweight” rating in a research report on Thursday, August 2nd. Finally, Desjardins downgraded shares of CGI from a “buy” rating to a “hold” rating in a research report on Wednesday, July 25th. Three equities research analysts have rated the stock with a hold rating and three have given a buy rating to the stock. The stock has an average rating of “Buy” and a consensus target price of $72.25.
Shares of GIB stock opened at $64.76 on Friday. CGI has a 52-week low of $50.73 and a 52-week high of $66.32. The company has a quick ratio of 0.68, a current ratio of 0.99 and a debt-to-equity ratio of 0.24. The stock has a market capitalization of $18.46 billion, a price-to-earnings ratio of 23.29, a PEG ratio of 2.29 and a beta of 0.55.
CGI (NYSE:GIB) (TSE:GIB.A) last issued its quarterly earnings data on Wednesday, August 1st. The technology company reported $1.08 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $0.84 by $0.24. CGI had a net margin of 9.33% and a return on equity of 18.06%. The business had revenue of $2.94 billion during the quarter, compared to the consensus estimate of $2.98 billion. During the same period in the prior year, the firm posted $0.93 EPS. The firm’s quarterly revenue was up 3.7% compared to the same quarter last year. equities analysts expect that CGI will post 3.18 EPS for the current year.
CGI Group Inc provides information technology and business process services in Canada and internationally. It offers application development and maintenance, portfolio management, quality assurance and testing, modernization, and migration services; agile, business transformation, change management, CIO advisory, cybersecurity, data analytics, digital enterprise, project management, and industry-specific business consulting services; business-to-business and customer operations support, purchase management, revenue management, and supplier payment services; and data center facilities and management, technical service desk, printing and document management, remote infrastructure, transformation, storage as a service, data vaulting, disaster recovery and archiving as a service, bottomless edge-to-core storage, and file sync and share as a service, as well as infrastructure solutions and consulting services.
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