CGI Future Growth

Future criteria checks 1/6

CGI is forecast to grow earnings and revenue by 7.2% and 4.6% per annum respectively. EPS is expected to grow by 8.4% per annum. Return on equity is forecast to be 18.3% in 3 years.

Key information

7.2%

Earnings growth rate

8.4%

EPS growth rate

IT earnings growth	14.8%
Revenue growth rate	4.6%
Future return on equity	18.3%
Analyst coverage	Good
Last updated	12 Nov 2024

Recent future growth updates

Recent updates

When Should You Buy CGI Inc. (TSE:GIB.A)?

Nov 11

Risks To Shareholder Returns Are Elevated At These Prices For CGI Inc. (TSE:GIB.A)

Oct 30

Here's Why CGI Inc.'s (TSE:GIB.A) CEO Compensation Is The Least Of Shareholders' Concerns

Jan 26

Is CGI Inc. (TSE:GIB.A) Expensive For A Reason? A Look At Its Intrinsic Value

Jan 19

CGI's (TSE:GIB.A) Returns Have Hit A Wall

Dec 05

Is CGI (TSE:GIB.A) Using Too Much Debt?

Nov 22

If EPS Growth Is Important To You, CGI (TSE:GIB.A) Presents An Opportunity

Oct 23

Estimating The Intrinsic Value Of CGI Inc. (TSE:GIB.A)

Oct 12

Is Now An Opportune Moment To Examine CGI Inc. (TSE:GIB.A)?

Sep 29

Earnings and Revenue Growth Forecasts

TSX:GIB.A - Analysts future estimates and past financials data (CAD Millions)
Date	Revenue	Earnings	Free Cash Flow	Cash from Op	Avg. No. Analysts
9/30/2027	16,975	2,159	1,964	2,568	5
9/30/2026	16,041	1,996	2,152	2,495	16
9/30/2025	15,366	1,865	1,999	2,334	15
9/30/2024	14,676	1,693	1,844	2,205	N/A
6/30/2024	14,523	1,671	1,819	2,205	N/A
3/31/2024	14,475	1,646	1,721	2,117	N/A
12/31/2023	14,449	1,639	1,683	2,084	N/A
9/30/2023	14,296	1,631	1,703	2,112	N/A
6/30/2023	14,036	1,579	1,567	1,972	N/A
3/31/2023	13,671	1,529	1,577	1,982	N/A
12/31/2022	13,225	1,481	1,599	1,986	N/A
9/30/2022	12,867	1,466	1,487	1,865	N/A
6/30/2022	12,627	1,450	1,552	1,903	N/A
3/31/2022	12,390	1,424	1,569	1,903	N/A
12/31/2021	12,200	1,393	1,674	2,003	N/A
9/30/2021	12,127	1,369	1,815	2,116	N/A
6/30/2021	12,045	1,275	1,776	2,081	N/A
3/31/2021	12,076	1,197	1,947	2,247	N/A
12/31/2020	12,129	1,171	1,766	2,071	N/A
9/30/2020	12,164	1,118	1,623	1,939	N/A
6/30/2020	12,198	1,190	1,536	1,852	N/A
3/31/2020	12,265	1,238	1,321	1,642	N/A
12/31/2019	12,202	1,242	1,393	1,708	N/A
9/30/2019	12,111	1,263	1,306	1,634	N/A
6/30/2019	11,951	1,233	1,242	1,569	N/A
3/31/2019	11,772	1,212	1,184	1,511	N/A
12/31/2018	11,654	1,168	1,139	1,475	N/A
9/30/2018	11,507	1,141	1,167	1,493	N/A
6/30/2018	11,316	1,056	N/A	1,505	N/A
3/31/2018	11,212	1,045	N/A	1,478	N/A
12/31/2017	10,986	1,045	N/A	1,419	N/A
9/30/2017	10,845	1,035	N/A	1,359	N/A
6/30/2017	10,819	1,101	N/A	1,408	N/A
3/31/2017	10,650	1,098	N/A	1,469	N/A
12/31/2016	10,675	1,107	N/A	1,355	N/A
9/30/2016	10,683	1,069	N/A	1,333	N/A
6/30/2016	10,686	1,027	N/A	1,383	N/A
3/31/2016	10,578	1,011	N/A	1,245	N/A
12/31/2015	10,430	979	N/A	1,278	N/A
9/30/2015	10,287	978	N/A	1,289	N/A
6/30/2015	10,185	958	N/A	1,250	N/A
3/31/2015	10,293	926	N/A	1,382	N/A
12/31/2014	10,396	906	N/A	1,448	N/A
9/30/2014	10,500	859	N/A	1,175	N/A
6/30/2014	10,474	787	N/A	929	N/A
3/31/2014	10,374	740	N/A	717	N/A
12/31/2013	10,196	623	N/A	513	N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: GIB.A's forecast earnings growth (7.2% per year) is above the savings rate (2.3%).

Earnings vs Market: GIB.A's earnings (7.2% per year) are forecast to grow slower than the Canadian market (16.3% per year).

High Growth Earnings: GIB.A's earnings are forecast to grow, but not significantly.

Revenue vs Market: GIB.A's revenue (4.6% per year) is forecast to grow slower than the Canadian market (7% per year).

High Growth Revenue: GIB.A's revenue (4.6% per year) is forecast to grow slower than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: GIB.A's Return on Equity is forecast to be low in 3 years time (18.3%).

CGI Future Growth

Future criteria checks 1/6

Key information

Recent future growth updates

Price target increased by 8.9% to CA$147

Recent updates

Key Executive exercised options to buy CA$12m worth of stock.

CGI Inc., Annual General Meeting, Jan 29, 2025

When Should You Buy CGI Inc. (TSE:GIB.A)?

CGI Inc. Approves Quarterly Cash Dividend for Holders of Class A Subordinate Voting Shares and Class B Shares, Payable on December 20, 2024

CGI Inc. Approves Quarterly Cash Dividend for Holders of Class A Subordinate Voting Shares and Class B Shares, Payable on December 20, 2024

CGI Inc. to Report Q4, 2024 Results on Nov 06, 2024

Risks To Shareholder Returns Are Elevated At These Prices For CGI Inc. (TSE:GIB.A)

CGI Announces the Launch of the Redesigned CGI ProperPay

CGI (TSE:GIB.A) Ticks All The Boxes When It Comes To Earnings Growth

CGI Inc. announced that it expects to receive CAD 750 million in funding

CGI Inc. announced that it expects to receive CAD 750 million in funding

We Think CGI (TSE:GIB.A) Can Stay On Top Of Its Debt

Insider recently sold CA$1.4m worth of stock

President exercised options and sold CA$12m worth of stock

Third quarter 2024 earnings: Revenues and EPS in line with analyst expectations

CGI Inc. to Report Q3, 2024 Results on Jul 31, 2024

Some Shareholders Feeling Restless Over CGI Inc.'s (TSE:GIB.A) P/E Ratio

CGI (TSE:GIB.A) Might Become A Compounding Machine

Key Executive exercised options and sold CA$3.8m worth of stock

CGI Inc. Announces CEO Changes

With EPS Growth And More, CGI (TSE:GIB.A) Makes An Interesting Case

Is It Time To Consider Buying CGI Inc. (TSE:GIB.A)?

Second quarter 2024 earnings: EPS exceeds analyst expectations while revenues lag behind

CGI Inc. to Report Q2, 2024 Results on May 01, 2024

CGI Inc.'s (TSE:GIB.A) Shareholders Might Be Looking For Exit

Does CGI (TSE:GIB.A) Have A Healthy Balance Sheet?

CGI's (TSE:GIB.A) Returns Have Hit A Wall

Are Investors Undervaluing CGI Inc. (TSE:GIB.A) By 26%?

President exercised options and sold CA$7.4m worth of stock

Now 21% undervalued

CGI Inc. Elects Jacynthe Côté as Director

First quarter 2024 earnings: Revenues in line with analyst expectations

The Compensation For CGI Inc.'s (TSE:GIB.A) CEO Looks Deserved And Here's Why

What Is CGI Inc.'s (TSE:GIB.A) Share Price Doing?

CGI Inc. to Report Q1, 2024 Results on Jan 31, 2024

CGI's Machine Vision Solution Delivers A Powerful Source of IoT Business Intelligence by Leveraging Artificial Intelligence

CGI Inc.'s (TSE:GIB.A) Shares May Have Run Too Fast Too Soon

CGI (TSE:GIB.A) Could Easily Take On More Debt

Do CGI's (TSE:GIB.A) Earnings Warrant Your Attention?

President exercised options to buy CA$2.4m worth of stock.

CGI Inc., Annual General Meeting, Jan 31, 2024

Full year 2023 earnings released: EPS: CA$6.97 (vs CA$6.13 in FY 2022)

CGI Inc. to Report Q4, 2023 Results on Nov 08, 2023

CGI Inc. (TSX:GIB.A) acquired Momentum Consulting Corporation.

Are Investors Undervaluing CGI Inc. (TSE:GIB.A) By 29%?

CGI's (TSE:GIB.A) Returns Have Hit A Wall

CGI Inc. Announces the Availability of CGI All Payments

CGI (TSE:GIB.A) Has A Rock Solid Balance Sheet

CGI (TSE:GIB.A) Ticks All The Boxes When It Comes To Earnings Growth

At CA$136, Is It Time To Put CGI Inc. (TSE:GIB.A) On Your Watch List?

Third quarter 2023 earnings: Revenues and EPS in line with analyst expectations

Here's What To Make Of CGI's (TSE:GIB.A) Decelerating Rates Of Return

Is CGI (TSE:GIB.A) A Risky Investment?

Here's Why CGI (TSE:GIB.A) Has Caught The Eye Of Investors

Insider recently sold CA$110k worth of stock

CGI Inc. Appoints Sophie Brochu to its Board of Directors, Effective September 2023

Is It Too Late To Consider Buying CGI Inc. (TSE:GIB.A)?

Insider recently sold CA$97k worth of stock

Price target increased by 8.9% to CA$147

Second quarter 2023 earnings: EPS and revenues exceed analyst expectations

CGI's (TSE:GIB.A) Returns Have Hit A Wall

Independent Director exercised options and sold CA$340k worth of stock

These 4 Measures Indicate That CGI (TSE:GIB.A) Is Using Debt Reasonably Well

Key Executive recently sold CA$331k worth of stock

Insider recently sold CA$728k worth of stock

CGI (TSE:GIB.A) Ticks All The Boxes When It Comes To Earnings Growth

Is There Now An Opportunity In CGI Inc. (TSE:GIB.A)?

First quarter 2023 earnings: EPS in line with analyst expectations despite revenue beat

Here's Why CGI Inc.'s (TSE:GIB.A) CEO Compensation Is The Least Of Shareholders' Concerns

CGI Inc. to Report Q1, 2023 Results on Feb 01, 2023

Is CGI Inc. (TSE:GIB.A) Expensive For A Reason? A Look At Its Intrinsic Value

President exercised options and sold CA$4.4m worth of stock

Insider recently sold CA$153k worth of stock

CGI's (TSE:GIB.A) Returns Have Hit A Wall