CGI Group (NYSE:GIB) Research Coverage Started at Scotiabank

Scotiabank began coverage on shares of CGI Group (NYSE:GIB) (TSE:GIB.A) in a research note issued to investors on Tuesday, MarketBeat reports. The firm issued a sector perform rating on the technology company’s stock.

Several other brokerages also recently issued reports on GIB. Jefferies Financial Group restated a “hold” rating and issued a $81.00 price target (down from $105.00) on shares of CGI Group in a report on Monday, November 10th. TD Securities raised CGI Group to a “strong-buy” rating in a research note on Friday, October 3rd. Weiss Ratings reaffirmed a “hold (c-)” rating on shares of CGI Group in a research note on Monday, December 29th. Cibc Captl Mkts cut shares of CGI Group from a “strong-buy” rating to a “hold” rating in a report on Sunday, December 14th. Finally, Royal Bank Of Canada restated an “outperform” rating on shares of CGI Group in a report on Monday, January 5th. One equities research analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating and five have assigned a Hold rating to the stock. According to data from MarketBeat.com, the company has a consensus rating of “Hold” and an average price target of $117.00.

CGI Group Stock Performance

CGI Group stock opened at $85.71 on Tuesday. The firm has a market capitalization of $18.78 billion, a P/E ratio of 16.05 and a beta of 0.59. The stock has a fifty day moving average price of $91.01 and a two-hundred day moving average price of $92.07. CGI Group has a 52-week low of $83.75 and a 52-week high of $122.79. The company has a debt-to-equity ratio of 0.27, a current ratio of 0.99 and a quick ratio of 0.72.

CGI Group (NYSE:GIB) (TSE:GIB.A) last issued its quarterly earnings data on Wednesday, January 28th. The technology company reported $1.51 EPS for the quarter, missing analysts’ consensus estimates of $1.55 by ($0.04). The company had revenue of $2.96 billion for the quarter, compared to the consensus estimate of $4.08 billion. CGI Group had a return on equity of 18.52% and a net margin of 10.25%.The firm’s revenue was up 7.7% compared to the same quarter last year. During the same period in the prior year, the company earned $1.97 EPS. As a group, analysts anticipate that CGI Group will post 5.79 EPS for the current fiscal year.

CGI Group Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Friday, March 20th. Stockholders of record on Wednesday, February 18th will be given a $0.17 dividend. This represents a $0.68 dividend on an annualized basis and a dividend yield of 0.8%. The ex-dividend date is Wednesday, February 18th. CGI Group’s payout ratio is presently 8.99%.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently bought and sold shares of the stock. Beutel Goodman & Co Ltd. lifted its stake in shares of CGI Group by 13.0% in the second quarter. Beutel Goodman & Co Ltd. now owns 3,452,820 shares of the technology company’s stock valued at $361,881,000 after buying an additional 397,005 shares in the last quarter. Yousif Capital Management LLC lifted its position in shares of CGI Group by 8.1% during the 2nd quarter. Yousif Capital Management LLC now owns 2,591 shares of the technology company’s stock worth $272,000 after buying an additional 195 shares in the last quarter. Davis Rea LTD. lifted its holdings in CGI Group by 5.6% during the second quarter. Davis Rea LTD. now owns 34,141 shares of the technology company’s stock worth $3,572,000 after acquiring an additional 1,800 shares during the period. Mediolanum International Funds Ltd raised its stake in shares of CGI Group by 2.9% during the 2nd quarter. Mediolanum International Funds Ltd now owns 49,742 shares of the technology company’s stock worth $5,151,000 after purchasing an additional 1,425 shares during the period. Finally, Prime Capital Investment Advisors LLC raised its position in CGI Group by 2.8% in the second quarter. Prime Capital Investment Advisors LLC now owns 11,443 shares of the technology company’s stock worth $1,200,000 after acquiring an additional 314 shares during the period. Institutional investors and hedge funds own 66.68% of the company’s stock.

CGI Group News Summary

Here are the key news stories impacting CGI Group this week:

• Positive Sentiment: Q1 fiscal‑2026 results showed healthy underlying performance — revenue up 7.7% y/y to C$4.08B, strong cash generation (C$872M, ~21% of revenue), bookings of C$4.47B and a backlog of C$31.3B, with adjusted EPS growth. These operational metrics support revenue visibility and cash returns. CGI reports first quarter Fiscal 2026 results
• Positive Sentiment: Board authorized renewal of the Normal Course Issuer Bid (NCIB), signaling buyback capacity to return capital and potentially support EPS. Buyback renewals are typically constructive for shareholder value. CGI renews its Normal Course Issuer Bid
• Positive Sentiment: Quarterly cash dividend of $0.17/share declared (yield ~0.8%), with record/ex‑div dates set in February — modest income support and signal of board confidence in cash flow. CGI reports director election results
• Positive Sentiment: RBC Capital initiated/maintained a Buy rating on CGI, which can help underpin demand from institutional investors. CGI (GIB) Gets a Buy from RBC Capital
• Neutral Sentiment: Scotiabank began coverage, expanding analyst coverage universe; impact will depend on rating and price target details in the report. Scotiabank Begins Coverage on CGI Group (NYSE:GIB)
• Neutral Sentiment: Company held its AGM and reported director election results (routine governance update). CGI reports director election results
• Neutral Sentiment: Earnings/analyst and shareholder call transcripts and slide deck were published for investor review — useful for modeling but not new news by themselves. Q1 earnings call transcript Shareholder/Analyst call transcript
• Negative Sentiment: Some market reports highlighted an EPS and revenue miss on a U.S. dollar basis (reported EPS vs. consensus and cited revenue shortfall), which likely triggered near‑term selling pressure despite solid CAD‑reported metrics. Expect volatility as investors reconcile currency/GAAP adjustments and guidance. CGI Group (GIB) Lags Q1 Earnings and Revenue Estimates

CGI Group Company Profile

CGI Group Inc is a global information technology and business consulting firm that delivers a broad range of services including IT consulting, systems integration, application development and maintenance, infrastructure and network services, managed IT and business process outsourcing. The company works with clients to design, build and operate IT systems and business solutions, with capabilities spanning cloud and hybrid IT environments, cybersecurity, data analytics and artificial intelligence, digital transformation and enterprise resource planning implementations.

Founded in 1976 in Quebec by Serge Godin and André Imbeau, CGI has grown from a regional systems integrator into a multinational professional services organization.