CGI Group Shares Top 200-Day Average at $95.15 While Earning Everest Group PEAK Matrix Recognition
CGI Group's shares crossed above their 200-day moving average of $93.51, trading as high as $95.15 on volume of 323,463 shares. The company was named a Major Contender in Everest Group's 2025 PEAK Matrix Assessments for global capability center setup and transformation in India, highlighting its delivery strength.
1. Stock Surpasses 200-Day Moving Average
CGI Group’s share price cleared its 200-day moving average of 93.51 on Thursday, trading as high as 95.15 and closing at 94.25. Trading volume reached 323,463 shares, marking the first time since August that the stock has sustained levels above this key technical threshold. The 50-day moving average stands at 89.86, underlining the recent upward momentum in the share price.
2. Mixed Analyst Ratings Reflect Cautious Optimism
Royal Bank of Canada reiterated an Outperform rating earlier this month, while TD Securities upgraded the shares to Strong Buy on October 3. Conversely, Jefferies lowered its price objective from 105.00 to 81.00 and maintains a Hold rating, and CIBC Capital Markets recently downgraded the stock from Strong Buy to Hold. Weiss Ratings continues to assign a Hold (C-) grade. Of the seven analysts covering CGI, one rates it Strong Buy, one Buy and four Hold, yielding a consensus Moderate Buy rating and an average target of 117.00.
3. Q3 Earnings Beat Estimates but Revenue Lags
In its most recent quarter, CGI reported adjusted earnings of 1.55 per share, topping consensus estimates by 0.02. Quarterly revenue reached 2.88 billion, falling short of the 4.00 billion analyst consensus but still representing year-over-year growth of 9.7%. Return on equity stood at 18.6% and net margin at 10.4%. Looking ahead, analysts forecast full-year EPS of 5.79. The company’s debt-to-equity ratio remains conservative at 0.27 and liquidity ratios are steady, with a current ratio of 0.99 and quick ratio of 0.72.
4. Everest Group Names CGI a Major Contender in GCC Services
CGI was recognized as a Major Contender in the Everest Group’s 2025 PEAK Matrix® Assessments for both Global Capability Center setup and transformation capabilities in India. The evaluation highlights CGI’s end-to-end support for establishing and scaling GCCs, leveraging flexible delivery frameworks and specialized Centers of Excellence. Everest Group noted CGI’s strengths in digital transformation, AI-integrated operations and global agility, reflecting feedback from clients and extensive market data.