CGI Group (GIB) Earns News Impact Score of 0.62

News articles about CGI Group (NYSE:GIB) (TSE:GIB.A) have been trending very positive recently, according to Accern Sentiment Analysis. Accern identifies positive and negative press coverage by analyzing more than twenty million news and blog sources in real time. Accern ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. CGI Group earned a coverage optimism score of 0.62 on Accern’s scale. Accern also gave media stories about the technology company an impact score of 0 out of 100, meaning that recent press coverage is extremely unlikely to have an effect on the company’s share price in the near term.

Here are some of the news articles that may have impacted Accern Sentiment’s analysis:

Several research firms recently commented on GIB. Zacks Investment Research downgraded shares of CGI Group from a “buy” rating to a “hold” rating in a research report on Wednesday, July 5th. BidaskClub upgraded shares of CGI Group from a “hold” rating to a “buy” rating in a research report on Thursday, June 29th. Finally, Beacon Securities reiterated a “buy” rating on shares of CGI Group in a research report on Wednesday, May 3rd. One analyst has rated the stock with a sell rating, four have assigned a hold rating and five have assigned a buy rating to the company’s stock. The stock presently has an average rating of “Hold” and a consensus price target of $57.00.

CGI Group (GIB) opened at 51.07 on Wednesday. The firm has a market capitalization of $15.13 billion, a PE ratio of 18.65 and a beta of 0.92. The stock’s 50 day moving average is $49.84 and its 200-day moving average is $48.34. CGI Group has a 1-year low of $42.49 and a 1-year high of $51.88.

CGI Group (NYSE:GIB) (TSE:GIB.A) last issued its quarterly earnings results on Wednesday, May 3rd. The technology company reported $0.68 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.69 by $0.01. CGI Group had a net margin of 10.31% and a return on equity of 17.38%. The firm had revenue of $2.72 billion for the quarter, compared to analyst estimates of $2.74 billion. During the same period last year, the company earned $0.86 EPS. The company’s revenue was down .9% compared to the same quarter last year. Equities research analysts forecast that CGI Group will post $2.86 EPS for the current year.

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CGI Group Company Profile

CGI Group Inc (CGI), directly or through its subsidiaries, manages information technology (IT) services, as well as business process services (BPS). The Company’s services include the management of IT and business functions (outsourcing), systems integration and consulting, as well as the sale of software solutions.

Insider Buying and Selling by Quarter for CGI Group (NYSE:GIB)

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