GIB Stock Recent News

CGI has a strong management team focused on M&A, cost efficiency, and diversified revenue streams, but I rate it a Hold, due to moderate growth potential. The company has proven it can improve its margins even during periods of revenue contraction. This shows strong management and leads me to consider the company a viable long-term holding. Given its valuation, I expect that its stock will only increase by 10% over the next 12 months. I find annual returns higher than this unlikely over the long term.

Stock Market SymbolsGIB.A (TSX)GIB (NYSE) cgi.com/newsroom STOCKHOLM , Oct. 16, 2024 /PRNewswire/ - CGI (TSX: GIB.A) (NYSE: GIB), one of the largest IT and business consulting companies in the world, announced today that it has signed an agreement with the Swedish Tax Agency to deliver e-identification and electronic signature services to help improve the tax filing experience for millions of Swedes. The partnership highlights how CGI's solutions can create value for society by increasing efficiency, improving the digital experience and providing secure citizen services for government agencies.

Stock Market Symbols GIB (NYSE) GIB.A (TSX) www.cgi.com/newsroom 20-year agreement supports Themis Program aim to modernize the justice system  BELFAST, Northern Ireland , Sept. 23, 2024 /PRNewswire/ - CGI (TSX: GIB.A) (NYSE: GIB), one of the largest independent IT and business consulting services firms in the world, has been selected by the Department of Justice, Northern Ireland Courts and Tribunals Service (NICTS) as the delivery partner for its flagship business transformation program, Themis.

Stock Market Symbols GIB.A (TSX) GIB (NYSE) cgi.com/newsroom Modernized solution will introduce a seamless, AI-enabled financing journey for Harley-Davidson customers and enhanced flexibility for dealers FAIRFAX, Va. , Sept. 23, 2024 /PRNewswire/ - CGI (TSX: GIB.A) (NYSE: GIB), one of the largest independent IT and business consulting services firms in the world, today announced its selection by Harley-Davidson Financial Services (Harley-Davidson) to modernize their loan origination system.

FAIRFAX, Va. , Sept. 11, 2024 /PRNewswire/ -- CGI (TSX: GIB.A) (NYSE: GIB), one of the largest independent IT and business consulting services firms in the world, today announced its selection by Forbes as one of America's Best Employers for Women, placing it alongside those U.S. companies achieving the highest scores by 150,000 women surveyed at companies with at least 1,000 employees for Forbes' annual ranking.

Stock Market Symbols GIB.A (TSX) GIB (NYSE) cgi.com/newsroom MONTRÉAL, Sept. 5, 2024 /PRNewswire/ - CGI (TSX: GIB.A) (NYSE: GIB), one of the world's largest business and IT consulting firms, has been named a Leader in Everest Group's Guidewire Services PEAK Matrix® Assessment 2024 for property and casualty (P&C) insurance.

FAIRFAX, Va., Aug. 28, 2024 /PRNewswire/ -- CGI Federal Inc. (CGI), the wholly-owned U.S. operating subsidiary of CGI Inc. (NYSE: GIB) (TSX: GIB.A), today announced two contract awards from the U.S. Patent and Trademark Office (USPTO).

CGI Group (GIB) secures a five-year deal with NYC to enhance the STARS parking violation system, boosting revenue collection and system efficiency.

Stock Market Symbols GIB.A (TSX) GIB (NYSE) cgi.com/newsroom NEW YORK , Aug. 13, 2024 /PRNewswire/ - CGI (TSX: GIB.A) (NYSE: GIB), one of the largest independent IT and business consulting services firms in the world, today announced its selection by the City of New York for maintenance of the STARS parking violation system, which runs on CGI Advantage Collections platform. CGI will partner with the city's Department of Finance under a new five-year contract with an optional two-year renewal to administer the adjudication, payment and collection processes for parking and camera violations issued by the city, resulting in the collection of over C$1.3 billion in public revenue each year.

Update also features enhancements for further improved productivity, compliance and security FAIRFAX, Va. , Aug. 8, 2024 /PRNewswire/ -- CGI Federal Inc.(CGI), the wholly-owned U.S. operating subsidiary of CGI Inc. (NYSE: GIB) (TSX: GIB.A), announced today the release of Momentum 8.2, the latest version of its industry-leading budget, financial and acquisition management software.