In the journey to outperform the market, investors delve into the art of stock selection. Choosing the right stocks can be a powerful driver for wealth accumulation.
In the latest session, CGI Inc (NYSE: GIB) closed at $107.30 down -0.51% from its previous closing price of $107.85. In other words, the price has decreased by -$0.51 from its previous closing price. On the day, 0.18 million shares were traded. GIB stock price reached its highest trading level at $108.22 during the session, while it also had its lowest trading level at $107.3.
Ratios:
For a deeper understanding of CGI Inc’s stock, let’s take a closer look at its various ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 31.15 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 15.91. For the most recent quarter (mrq), Quick Ratio is recorded 1.27 and its Current Ratio is at 1.27. In the meantime, Its Debt-to-Equity ratio is 0.43 whereas as Long-Term Debt/Eq ratio is at 0.41.
On July 19, 2024, UBS started tracking the stock assigning a Neutral rating and target price of $112.
On July 02, 2024, Jefferies started tracking the stock assigning a Buy rating and target price of $120.Jefferies initiated its Buy rating on July 02, 2024, with a $120 target price.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, GIB now has a Market Capitalization of 24303773696 and an Enterprise Value of 27139510272. As of this moment, CGI’s Price-to-Earnings (P/E) ratio for their current fiscal year is 19.56, and their Forward P/E ratio for the next fiscal year is 16.51. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 2.41. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.19 while its Price-to-Book (P/B) ratio in mrq is 3.39. Its current Enterprise Value per Revenue stands at 1.792 whereas that against EBITDA is 10.08.
Stock Price History:
The Beta on a monthly basis for GIB is 0.78, which has changed by 0.074827194 over the last 52 weeks, in comparison to a change of 0.092761636 over the same period for the S&P500. Over the past 52 weeks, GIB has reached a high of $122.79, while it has fallen to a 52-week low of $92.85. The 50-Day Moving Average of the stock is 1.11%, while the 200-Day Moving Average is calculated to be -2.31%.
Shares Statistics:
For the past three months, GIB has traded an average of 280.69K shares per day and 206030 over the past ten days. A total of 198.92M shares are outstanding, with a floating share count of 195.35M. Insiders hold about 12.05% of the company’s shares, while institutions hold 65.57% stake in the company. Shares short for GIB as of 1748563200 were 3721001 with a Short Ratio of 13.26, compared to 1745971200 on 3123287.
Dividends & Splits
According to the company, the forward annual dividend rate for GIB is 0.32, from 0.3 in the trailing year. Against a Trailing Annual Dividend Yield of 0.0027816412
