CGI Inc. (GIB): A brief note on last quarter

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CGI Inc. (NYSE:GIB) changes shares on Wednesday trading session, with a change of -2.49% or -$1.58 shares. The trading starts at $62.68 and closed at $63.40 throughout the day. The trading session low price was $61.67 and day high was $63.00 on Wednesday, June 24. After the session, the Technology sector daily volume shifted to 0.31 million while its average volume is 326.06K. In other hand, the GIB market cap reached to $15.09B.

Checking out the performance report which defines the increase or decrease of prices for a specific period. For the last 5 trading sessions, its performance is down -3.81% and down -2.55% for month. Its quarterly performance was 25.34% above, while its half year performance is down -26.22%. GIB yearly performance stood at negative -18.44% and fall -26.15% for year-to-date. Current recommendation for CGI Inc. is 2.40.

Earnings per share or EPS is an important financial measure, which defines the profitability of a company. GIB EPS (TTM) for 12-month is 3.34. EPS for this year is 15.10%, while for the next year its value is 5.22. Sales growth for the current quarter is 2.44 while its EPS Q/Q reached 2.70%. It has an EPS of 11.00% up for past five years and for the next five years will be up 7.60%.

Let’s take a look on the analyst recommendations on GIB for the current month and previous month. For the current month, 11 of 18 analysts recommend stock as Buy while 1 as Sell, 1 as overweight, 1 as underweight and 4 as Hold. As compared with the previous month ratings, 0 analysts participate in stock recommendation. Out of 0, 0 rated it sell, 0 rated it as Buy and 0 as Hold Ratings.

Caisse De Depot Et Placement Du Quebec, Royal Bank of Canada and Jarislowsky, Fraser Ltd are the top three holders in CGI Inc. (GIB) stock. On Mar 30, 2020, Caisse De Depot Et Placement Du Quebec has 31.41 million shares which valued 1.71 billion. On Mar 30, 2020, Royal Bank of Canada owned 9.0 million shares which valued at 489.44 million. On Mar 30, 2020, Jarislowsky, Fraser Ltd has a total of 8.21 million shares which valued at 446.56 million. In the end, Jarislowsky, Fraser Ltd have 3.56% shares outstanding of CGI Inc. (GIB) on Mar 30, 2020. The insider ownership moved to 12.40% and institutional holding shifted to 70.00%.

The company posted an EPS (TTM) of 3.34. According to the most recent quarter report on (Mar 2018), 14 analysts estimated an average EPS of 0.82, while 0.72 EPS posted a year ago period. Analyst Estimated EPS for GIB published in the report was 0.78-0.87 during the same period. Comparing with last year, the average estimated EPS was 0.72 which is lower than 0.78 which was posted for recent quarter EPS.

A brief look on simple moving average (SMA) that determines the market price can impact a market. The SMA for GIB fall -14.80% for period of 200 days. SMA for 50 days was -2.22% which is showing red signal, while SMA-20 was -5.80%. The moving average value for CGI Inc. (GIB) is 69.44 and 64.27 for 200 and 50 days respectively.