CGI (TSE:GIB.A – Get Free Report) (NYSE:GIB) issued its earnings results on Wednesday. The company reported C$2.29 earnings per share for the quarter, FiscalAI reports. CGI had a net margin of 11.51% and a return on equity of 19.51%. The company had revenue of C$4.19 billion during the quarter.
CGI Price Performance
Shares of GIB.A stock opened at C$105.01 on Thursday. The company has a market capitalization of C$21.99 billion, a P/E ratio of 13.71, a P/E/G ratio of 2.24 and a beta of 0.13. The company’s 50-day simple moving average is C$93.40 and its two-hundred day simple moving average is C$100.17. CGI has a one year low of C$83.34 and a one year high of C$142.48. The company has a debt-to-equity ratio of 34.24, a current ratio of 1.16 and a quick ratio of 0.97.
CGI Announces Dividend
The business also recently announced a quarterly dividend, which was paid on Friday, June 19th. Shareholders of record on Friday, June 19th were paid a $0.17 dividend. This represents a $0.68 dividend on an annualized basis and a yield of 0.6%. The ex-dividend date was Friday, May 15th. CGI’s dividend payout ratio is currently 6.14%.
Wall Street Analysts Forecast Growth
About CGI
Founded in 1976, CGI is among the largest independent IT and business consulting services firms in the world. With 94,000 consultants and professionals across the globe, CGI delivers an end-to-end portfolio of capabilities, from strategic IT and business consulting to systems integration, managed IT and business process services and intellectual property solutions. CGI works with clients through a local relationship model complemented by a global delivery network that helps clients digitally transform their organizations and accelerate results.
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