Cap Gemini (CGEMY) to Announce Earnings on Thursday

Cap Gemini (OTCMKTS:CGEMY) is anticipated to release its resultson Thursday, July 30th. Analysts expect Cap Gemini to post earnings of $1.36 per share and revenue of $13.7310 billion for the quarter.

Cap Gemini Price Performance

CGEMY opened at $21.73 on Tuesday. The business has a fifty day simple moving average of $21.77 and a 200-day simple moving average of $24.56. The company has a debt-to-equity ratio of 0.64, a current ratio of 1.21 and a quick ratio of 1.21. Cap Gemini has a fifty-two week low of $19.42 and a fifty-two week high of $35.90.

Wall Street Analysts Forecast Growth

Several equities analysts have recently commented on the stock. Deutsche Bank Aktiengesellschaft restated a “buy” rating on shares of Cap Gemini in a report on Tuesday, June 2nd. Zacks Research downgraded shares of Cap Gemini from a “strong-buy” rating to a “hold” rating in a report on Friday, April 17th. Two analysts have rated the stock with a Buy rating, two have assigned a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of “Hold”.

About Cap Gemini

Cap Gemini (OTCMKTS: CGEMY), commonly known as Capgemini, is a global professional services and consulting firm that provides technology-led business transformation services. The company’s core activities include management and IT consulting, systems integration, application development and maintenance, cloud migration and managed services. Capgemini delivers solutions across the digital value chain, combining strategy, design, engineering and operations to help clients modernize legacy systems, implement cloud platforms, deploy data and AI capabilities, and secure IT environments.

Founded in 1967 by Serge Kampf and headquartered in Paris, Capgemini has grown through organic expansion and strategic acquisitions to broaden its capabilities and geographic footprint.