Genpact Limited (NYSE:G – Get Free Report) has earned a consensus recommendation of “Hold” from the eight research firms that are presently covering the company, MarketBeat Ratings reports. Five equities research analysts have rated the stock with a hold recommendation and three have given a buy recommendation to the company. The average 1 year price objective among brokers that have issued ratings on the stock in the last year is $52.2857.
A number of analysts have commented on G shares. Needham & Company LLC upped their price target on shares of Genpact from $50.00 to $53.00 and gave the company a “buy” rating in a research report on Friday, August 8th. Deutsche Bank Aktiengesellschaft started coverage on shares of Genpact in a research report on Thursday, July 17th. They set a “hold” rating and a $47.00 price target on the stock. JPMorgan Chase & Co. cut their price target on shares of Genpact from $55.00 to $50.00 and set a “neutral” rating on the stock in a research report on Wednesday, August 20th. Mizuho upped their price target on shares of Genpact from $48.00 to $51.00 and gave the company a “neutral” rating in a research report on Tuesday, July 1st. Finally, Wall Street Zen cut shares of Genpact from a “buy” rating to a “hold” rating in a research report on Friday, September 5th.
Check Out Our Latest Report on G
Insider Transactions at Genpact
Hedge Funds Weigh In On Genpact
Institutional investors and hedge funds have recently made changes to their positions in the stock. Cornerstone Planning Group LLC bought a new position in shares of Genpact during the 1st quarter worth about $27,000. Richardson Financial Services Inc. bought a new position in Genpact in the 1st quarter valued at about $35,000. SVB Wealth LLC bought a new position in Genpact in the 1st quarter valued at about $41,000. Steph & Co. bought a new position in Genpact in the 2nd quarter valued at about $37,000. Finally, Huntington National Bank lifted its position in Genpact by 208.2% in the 2nd quarter. Huntington National Bank now owns 906 shares of the business services provider’s stock valued at $40,000 after acquiring an additional 612 shares in the last quarter. Institutional investors own 96.03% of the company’s stock.
Genpact Stock Performance
NYSE G opened at $39.54 on Thursday. The company has a market capitalization of $6.89 billion, a price-to-earnings ratio of 13.14, a PEG ratio of 1.35 and a beta of 0.89. Genpact has a twelve month low of $37.82 and a twelve month high of $56.76. The stock has a fifty day simple moving average of $42.91 and a 200 day simple moving average of $44.44. The company has a quick ratio of 1.53, a current ratio of 1.53 and a debt-to-equity ratio of 0.32.
Genpact (NYSE:G – Get Free Report) last posted its quarterly earnings data on Thursday, August 7th. The business services provider reported $0.88 earnings per share for the quarter, beating analysts’ consensus estimates of $0.85 by $0.03. The business had revenue of $1.25 billion during the quarter, compared to the consensus estimate of $1.23 billion. Genpact had a return on equity of 22.15% and a net margin of 10.92%.Genpact’s quarterly revenue was up 6.6% on a year-over-year basis. During the same period in the prior year, the business posted $0.79 earnings per share. Genpact has set its FY 2025 guidance at 3.510-3.580 EPS. Q3 2025 guidance at 0.890-0.900 EPS. Sell-side analysts expect that Genpact will post 3.21 EPS for the current year.
Genpact Dividend Announcement
The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, December 23rd. Stockholders of record on Tuesday, December 9th will be given a dividend of $0.17 per share. This represents a $0.68 dividend on an annualized basis and a dividend yield of 1.7%. The ex-dividend date of this dividend is Tuesday, December 9th. Genpact’s dividend payout ratio is 22.59%.
About Genpact
Genpact Limited provides business process outsourcing and information technology services in India, rest of Asia, North and Latin America, and Europe. It operates through three segments: Financial services; Consumer and Healthcare; and High Tech and Manufacturing. The Financial Services segment offers retail customer onboarding, customer service, collections, card servicing operations, loan and payment operations, commercial loan, equipment and auto loan, mortgage origination, compliance services, reporting and monitoring, and wealth management operations support; financial crime and risk management services; and underwriting support, new business processing, policy administration, claims management, catastrophe modeling and actuarial services, as well as property and casualty claims.
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