GIB-A.TO - CGI Inc.

Toronto - Toronto Delayed Price. Currency in CAD
90.39
+0.21 (+0.23%)
At close: 3:53PM EDT
Stock chart is not supported by your current browser
Previous Close90.18
Open89.86
Bid90.37 x 0
Ask90.40 x 0
Day's Range89.48 - 90.52
52 Week Range72.57 - 90.92
Volume321,617
Avg. Volume544,135
Market Cap24.694B
Beta (3Y Monthly)0.58
PE Ratio (TTM)22.17
EPS (TTM)4.08
Earnings DateN/A
Forward Dividend & YieldN/A (N/A)
Ex-Dividend DateN/A
1y Target Est91.62
  • CGI to buy Swedish technology consulting firm Acando in deal valued at $614.7M
    The Canadian Press7 days ago

    CGI to buy Swedish technology consulting firm Acando in deal valued at $614.7M

    MONTREAL — CGI Inc. has signed an agreement to buy Swedish technology consulting company Acando.

  • CNW Group7 days ago

    /R E P E A T -- CGI makes all cash offer for Acando AB, a leading management and IT consulting services firm in Northern Europe and Germany/

    STOCKHOLM, March 11, 2019 /CNW Telbec/ - CGI (NYSE:GIB - News) (TSX:GIB-A.TO - News) today announced an all-cash tender offer of SEK 41.45 per share to acquire through its wholly owned subsidiary CGI Nordic Holdings Limited, all outstanding shares of Acando (the "Offer"). Acando's consultants combine deep technical expertise with human behavioral insights to help clients maximize the power of technology to achieve their business goals. Acando's Board of Directors is unanimously recommending that its shareholders accept CGI's Offer, which represents a total price of SEK 4,320 million for all outstanding shares in Acando, including the assumption of SEK 93 million in net debt  corresponding to approximately C$ 614.7 million.

  • Reuters7 days ago

    CGI makes recommended $459 million cash offer for Sweden's Acando

    Canadian IT consultancy CGI Inc. said on Monday it had made a 4.32 billion Swedish crown ($459 million) cash offer for Swedish peer Acando. CGI said Acando's board unanimously recommended the 41.45 crown per share offer, which represented a 44.2 percent premium on the closing price for Acando shares on Friday. Acando said in a separate statement that owners holding shares equal to 30 percent of votes in the company had agreed to the offer.

  • CNW Group8 days ago

    CGI makes all cash offer for Acando AB, a leading management and IT consulting services firm in Northern Europe and Germany

    STOCKHOLM, March 11, 2019 /CNW Telbec/ - CGI (NYSE:GIB - News) (TSX:GIB-A.TO - News) today announced an all-cash tender offer of SEK 41.45 per share to acquire through its wholly owned subsidiary CGI Nordic Holdings Limited, all outstanding shares of Acando (the "Offer"). Acando's consultants combine deep technical expertise with human behavioral insights to help clients maximize the power of technology to achieve their business goals. Acando's Board of Directors is unanimously recommending that its shareholders accept CGI's Offer, which represents a total price of SEK 4,320 million for all outstanding shares in Acando, including the assumption of SEK 93 million in net debt  corresponding to approximately C$ 614.7 million.

  • CNW Group26 days ago

    YIT and CGI sign agreement to modernize and harmonize End User Services

    HELSINKI , Feb. 20, 2019 /CNW Telbec/ - CGI (NYSE: GIB) (TSX: GIB.A) and YIT Oyi, Finland's largest construction company, have entered into an agreement to modernize and harmonize YIT's End User Services, ...

  • This Tech Stock Is Showcasing the Power of Outsourcing
    The Motley Foollast month

    This Tech Stock Is Showcasing the Power of Outsourcing

    CGI Group Inc. (TSX:GIB.A)(NYSE:GIB) is displaying remarkable strength in 2019, and investors are adding the stock to their portfolios.

  • 3 Tech Darlings to Scratch Your Growth and Value Itch
    The Motley Foollast month

    3 Tech Darlings to Scratch Your Growth and Value Itch

    CGI Group (TSX:GIB.A) and two other tech-value stocks that could double in 3 years.

  • Does CGI Inc. (TSE:GIB.A) Have A Good P/E Ratio?
    Simply Wall St.last month

    Does CGI Inc. (TSE:GIB.A) Have A Good P/E Ratio?

    Want to participate in a short research study? Help shape the future of investing tools and you could win a $250 gift card! This article is written for those whoRead More...

  • 3 Top Stocks Hitting New 52-Week Highs
    The Motley Foollast month

    3 Top Stocks Hitting New 52-Week Highs

    Tired of declines? This trio of stocks, including Enbridge Inc. (TSX:ENB)(NYSE:ENB), might have the rocket fuel you need.

  • This Canadian Tech Stock Has Still Got it: Here’s Why Investors Should Want it
    The Motley Foollast month

    This Canadian Tech Stock Has Still Got it: Here’s Why Investors Should Want it

    With a strong and growing presence, strong cash flows, and a strong balance sheet, CGI Group Inc. (TSX:GIB.A)(NYSE:GIB) is a top tech stock for investors' portfolios.

  • Thomson Reuters StreetEvents2 months ago

    Edited Transcript of GIB.A.TO earnings conference call or presentation 30-Jan-19 2:00pm GMT

    Q1 2019 CGI Earnings Call

  • The Canadian Press2 months ago

    Most actively traded companies on the TSX

    Some of the most active companies traded Wednesday on the Toronto Stock Exchange: Toronto Stock Exchange (15,484.55, up 21.41 points). Aurora Cannabis Inc. (TSX:ACB). Health care. Down one cent, or 0.11 per cent, to $9.08 on 12.2 million shares. The Green Organic Dutchman Holdings. (TSX:TGOD). Health care. Down 19 cents, or 5.03 per cent, to $3.59 on 6.6 million shares. Barrick Gold Corp. (TSX:ABX). Materials. Down four cents, or 0.23 per cent, to $17.17 on 6.5 million shares. B2Gold Corp. (TSX:BTO). Materials. Up five cents, or 1.25 per cent, to $4.05 on 6.1 million shares. Aphria Inc. (TSX:APHA). Health care. Up 39 cents, or 4.04 per cent, to $10.05 on 5.9 million shares. Suncor Energy Inc. (TSX:SU). Energy. Up two cents, or 0.05 per cent, to $42.52 on 5.8 million shares. Companies reporting: CGI Group Inc. (TSX:GIB.A). Down 24 cents to $85.92. CGI Group reported a profit of $311.5 million in its latest quarter, up from $285.3 million in the same quarter a year earlier. The technology and business consulting firm says the profit amounted to $1.11 per diluted share for the quarter ended Dec. 31, up from 98 cents per diluted share a year earlier. Revenue for the first quarter totalled $2.96 billion, up from nearly $2.82 billion. Excluding specific items such as acquisition and integration costs, CGI says it earned $1.12 per diluted share for the quarter, up from 99 cents per diluted share a year earlier. Canfor Corp. (TSX:CFP). Down 24 cents to $17.75. Canfor Corp. says it will temporarily curtail operations at three B.C. sawmills due to log supply constraints, log costs and current market conditions. The company says the cuts will reduce its production by approximately 40 million board feet. Canfor says its sawmill in Vavenby will be curtailed for six weeks starting on Feb. 11. Meanwhile, sawmills in Houston and Mackenzie will be curtailed for one week each in the first quarter. Canfor has 13 sawmills in Canada. WSP Global Inc. (TSX:WSP). Up $3.07 or 4.76 per cent to $67.51. WSP Global unveiled a strategic plan Wednesday that forecasts double-digit revenue growth through 2021, when it expects to rake in up to $9 billion. Once a boutique firm, the 60-year-old company has swelled to 48,000 employees from 17,000 in 2014, and aims to exceed 65,000 workers in the next three years. Beefed up by acquisitions of companies such as New York-based infrastructure firm Parsons Brinckerhoff — and 11 acquisitions in 2017 alone — WSP's expansion plans won't come at the cost of excessive leverage, RBC Dominion Securities analyst Derek Spronck says. The Canadian Press

  • CNW Group2 months ago

    CGI reports director election results

    Stock Market Symbols GIB.A (TSX) GIB (NYSE) www.cgi.com/en/newsroom MONTRÉAL, Jan. 30, 2019 /CNW Telbec/ - CGI (TSX: GIB.A) (NYSE: GIB) held its Annual General and Special Meeting of Shareholders in Montréal, ...

  • The Canadian Press2 months ago

    CGI Group says Brexit and a slowing global economy offer opportunities

    MONTREAL — Turmoil around Brexit and a potential economic slowdown present challenges that could work in favour of CGI Group Inc., its CEO says. The United Kingdom’s impending withdrawal from the European Union and a sputtering global economy mean governments and companies will be looking to double down on efficiency, George Schindler said Wednesday. "When there is change, there is a need for assistance. And in today's world, any assistance is going to require IT," said the head of the information technology consultancy in an interview. A soft exit could see the U.K. effectively remain in the EU single market and customs union after the March 29 exit date, while a hard exit would mean giving up full access both. "If they were to separate from European customs, obviously, there are a lot system changes that would have to happen. If they decide to negotiate a deal to stay, there are some systems that would need to change," Schindler said. British firms that rely on the Montreal-based company’s technology and business consulting services could continue to do so easily, Schindler suggested, even if some bases of operation move to the Continent. "I am not commenting whether Brexit is good, Brexit is bad," he added. Chairman Serge Godin, who founded the company in 1976, said CGI has tended to develop more swiftly in times of economic uncertainty. "Companies are going to reduce their costs. We have probably around 50 per cent of our revenues coming from outsourcing contracts. So it means that when you have that kind of situation, we are becoming a solution for organisations," Godin said in an interview. The U.S. government shutdown, which started Dec. 22 and continued for 35 days, had a glancing impact on revenues that will become more apparent in the current quarter, Schindler said. He told The Canadian Press that “maybe five per cent of the work is impacted.” CGI reported a profit of $311.5 million in its latest quarter, up from $285.3 million in the same quarter a year earlier. The results came ahead of the company's annual meeting later Wednesday. Profits amounted to $1.11 per diluted share for the quarter ended Dec. 31, up from 98 cents per diluted share a earlier, the firm said. Revenue for the first quarter totalled $2.96 billion, up from nearly $2.82 billion. Excluding specific items such as acquisition and integration costs, CGI said it earned $1.12 per diluted share for the quarter, up from 99 cents per diluted share a year earlier. Analysts on average had expected a profit of $1.11 per share for the quarter, according to Thomson Reuters Eikon. -With files from Julien Arsenault Companies in this story: (TSX:GIB.A) Christopher Reynolds, The Canadian Press

  • CNW Group2 months ago

    CGI reports strong Q1 Fiscal 2019 results

    Stock Market Symbols GIB.A (TSX) GIB (NYSE) cgi.com/en/investors Revenue growth of 5.2% and 13.3% EPS expansion Q1-F2019 year-over-year highlights Revenue of $2.96 billion , up 5.2%; Adjusted EBIT of $439.2 ...

  • CNW Group2 months ago

    CGI renews its Normal Course Issuer Bid

    MONTRÉAL, Jan. 30, 2019 /CNW Telbec/ - CGI (TSX:GIB-A.TO - News) (NYSE:GIB - News) (the "Company" or "CGI") announced today that its Board of Directors has authorized the renewal of its Normal Course Issuer Bid ("NCIB"), subject to approval by the Toronto Stock Exchange (the "TSX"). CGI's management and Board of Directors believe that the purchase for cancellation of the Company's Class A subordinate voting shares ("Class A Shares") is a proper use of funds, and the NCIB will provide the flexibility to purchase Class A Shares from time to time as the Company considers it advisable, as part of its efforts to increase shareholder value. At the close of business on January 23, 2019, there were 245,507,015 Class A Shares outstanding, of which approximately 82% were widely held (representing a public float of 201,004,992 Class A Shares for TSX purposes).

  • CNW Group2 months ago

    /R E P E A T -- CGI announces details for its Annual General and Special Meeting of Shareholders and release of fiscal 2019 first quarter results/

    MONTRÉAL, Jan. 23, 2019 /CNW Telbec/ - CGI (TSX:GIB-A.TO - News) (NYSE:GIB - News) will host its Annual General and Special Meeting of Shareholders and release its fiscal 2019 first quarter results on Wednesday, January 30, 2019. The Annual General and Special Meeting of Shareholders will be held at the Ritz-Carlton Hotel, Oval Room, 1228 Sherbrooke Street West, in Montreal at 11 a.m. (EST). CGI shareholders of record at the close of business on Monday, December 10, 2018 will be entitled to vote on matters considered at the meeting.

  • Should You Buy Canadian or Diversify Internationally?
    The Motley Fool2 months ago

    Should You Buy Canadian or Diversify Internationally?

    Faced with the choice of buying a Canadian non-dividend stock like CGI Group Inc. (TSX:GIB.A) or an international one, investors should choose to diversify.

  • CNW Group2 months ago

    CGI announces details for its Annual General and Special Meeting of Shareholders and release of fiscal 2019 first quarter results

    MONTRÉAL, Jan. 23, 2019 /CNW Telbec/ - CGI (TSX:GIB-A.TO - News) (NYSE:GIB - News) will host its Annual General and Special Meeting of Shareholders and release its fiscal 2019 first quarter results on Wednesday, January 30, 2019. The Annual General and Special Meeting of Shareholders will be held at the Ritz-Carlton Hotel, Oval Room, 1228 Sherbrooke Street West, in Montreal at 11 a.m. (EST). CGI shareholders of record at the close of business on Monday, December 10, 2018 will be entitled to vote on matters considered at the meeting.

  • Baystreet2 months ago

    Full Slate of Stocks at 52-week Highs

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  • The Best Tech Stock to Buy in 2019
    The Motley Fool2 months ago

    The Best Tech Stock to Buy in 2019

    With over $1.1 billion in free cash flow generation, CGI Group Inc. (TSX:GIB.A) (NYSE:GIB) is close to another game-changing acquisition and more capital gains for shareholders.

  • Here’s What CGI Group Inc.’s (TSE:GIB.A) ROCE Can Tell Us
    Simply Wall St.2 months ago

    Here’s What CGI Group Inc.’s (TSE:GIB.A) ROCE Can Tell Us

    Today we'll evaluate CGI Group Inc. (TSE:GIB.A) to determine whether it could have potential as an investment idea. Specifically, we'll consider its Return On Capital Employed (ROCE), since that will Read More...

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