Research Analysts Set Expectations for Capgemini SE’s FY2022 Earnings (OTCMKTS:CGEMY)

Capgemini SE (OTCMKTS:CGEMY – Get Rating) – Stock analysts at Jefferies Financial Group increased their FY2022 earnings per share (EPS) estimates for Capgemini in a note issued to investors on Monday, June 20th. Jefferies Financial Group analyst C. Brennan now forecasts that the business services provider will post earnings of $2.07 per share for the year, up from their prior forecast of $2.05. The consensus estimate for Capgemini’s current full-year earnings is $2.11 per share. Jefferies Financial Group also issued estimates for Capgemini’s FY2023 earnings at $2.29 EPS and FY2024 earnings at $2.49 EPS.

Separately, Credit Suisse Group initiated coverage on Capgemini in a research note on Thursday, March 31st. They issued an “outperform” rating for the company. One equities research analyst has rated the stock with a hold rating and six have given a buy rating to the company. According to MarketBeat, the company has an average rating of “Moderate Buy” and a consensus price target of $220.00.

CGEMY stock opened at $36.88 on Wednesday. The business has a 50-day simple moving average of $38.50 and a 200 day simple moving average of $42.03. Capgemini has a 52 week low of $34.17 and a 52 week high of $49.65. The company has a quick ratio of 1.38, a current ratio of 1.38 and a debt-to-equity ratio of 0.78.

The firm also recently announced a dividend, which was paid on Tuesday, June 21st. Shareholders of record on Monday, May 30th were given a $0.3727 dividend. This represents a yield of 0.95%. The ex-dividend date was Friday, May 27th.

Capgemini Company Profile (Get Rating)

Capgemini SE provides consulting, digital transformation, technology, and engineering services primarily in the Americas, Europe, the Middle East, Africa, and the Asia-Pacific. The company offers strategy and transformation services, including strategy, technology, data science, and creative design to support various clients within the digital economy.

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