$0.71 EPS Expected for CGI Group Inc (GIB)

July 17, 2017 - By reb123z

 $0.71 EPS Expected for CGI Group Inc (GIB)

Investors wait CGI Group Inc (NYSE:GIB) to report on July, 26. its quarterly earnings Wall Street analysts expect $0.71 earnings per share, up $0.02 or 2.90 % from last year’s $0.69 same quarter earnings. This translates into $190.08M profit for GIB giving the stock a 18.39 P/E. This is assuming the current $0.71 EPS is accurate. CGI Group Inc’s Wall Street analysts see 4.41 % EPS growth, taking into account the $0.68 EPS reproted in the previous quarter, 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 stock of CGI Group Inc (NYSE:GIB) earned “Outperform” rating by RBC Capital Markets on Thursday, January 28. The firm earned “Buy” rating on Monday, April 4 by TD Securities. The firm has “Sell” rating given on Friday, December 16 by Goldman Sachs. Dundee Securities maintained it with “Buy” rating and $74 target in Thursday, November 10 report. The rating was upgraded by Desjardins Securities on Friday, May 27 to “Buy”. The rating was initiated by Macquarie Research on Tuesday, September 27 with “Neutral”. Desjardins Securities upgraded the shares of GIB in report on Wednesday, November 4 to “Buy” rating. The stock of CGI Group Inc (NYSE:GIB) earned “Buy” rating by Societe Generale on Thursday, November 12. RBC Capital Markets maintained the shares of GIB in report on Thursday, November 12 with “Outperform” rating. The stock has “Hold” rating by Societe Generale on Thursday, November 10.

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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