CGI Group, Inc. (NYSE:GIB) Projected EPS At $0.71 For Next Quarter


CGI Group, Inc. (NYSE:GIB) has a mean price target of $50.97 by market experts. Market leading group First Call has reached this recommendation by considering recommendations of top analysts in the industry. These experts have specified earnings of $0.71 a share for the very next quarter and $2.67 for this year.

Technical View

The technical study of CGI Group, Inc. Common Stock demonstrates that the 50-day moving average of CGI Group, Inc. (NYSE:GIB) stock is $48.65, and is trading $-2.60 points away or -5.34% from 50-day moving average of $48.65. It is trading $-0.22 or -0.48% away 200-day moving average of $46.27.

The 52-week high of CGI Group, Inc. (NYSE:GIB) was $50.58 while $34.83 is the low mark in the same period. It state CGI Group, Inc. Common Stock share price has to surge more than $-4.53 to hit 52-week high or drop +32.21% to make a 52-week mark. MA here hints at moving average.

Taking the valuation part to reach the estimation of CGI Group, Inc. Common Stock, investors apply price-to-earnings ratio, which is shortened as P/E ratio. It weighs equity price by the relative expense of the equity. CGI Group, Inc. (NYSE:GIB) ratio came in at 18.51, after dividing current equity price by yearly earnings. CGI Group, Inc. Common Stock stock recorded a close of $46.05 in last trading session, registering a market cap of $13.94B.

The price-earnings ratio can be seen as a means of regulating the value of per dollar of earnings through the stock market. In concept, by taking the average of P/E over a period of numerous years, one could frame something of a uniform P/E ratio, which can then be understood as a benchmark and utilized to indicate whether or not a share is worth buying.

Investors estimate the Price-to-Earnings-Growth ratio to catch up with a clear view on the firm valuation. For stocks with higher PEG ratio, they are considered as sell option. The undervalued equity displays PEG ratio of 0 or 1. On contrary, the fairly valued equity has ratio of 1 and 2. CGI Group, Inc. (NYSE:GIB) PEG ratio is at 3.26.

1 Chart Pattern Every Investor Should Know

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