Genpact Limited (NYSE:G) Given Consensus Rating of “Hold” by Analysts

Shares of Genpact Limited (NYSE:G) have earned an average recommendation of “Hold” from the nine ratings firms that are presently covering the firm, Marketbeat reports. Six analysts have rated the stock with a hold rating and three have given a buy rating to the company. The average 12-month price objective among brokerages that have covered the stock in the last year is $51.1250.

A number of brokerages recently issued reports on G. Citigroup upgraded shares of Genpact to a “hold” rating in a research report on Thursday, October 23rd. Deutsche Bank Aktiengesellschaft initiated coverage on shares of Genpact in a report on Thursday, July 17th. They issued a “hold” rating and a $47.00 price objective on the stock. Wall Street Zen downgraded shares of Genpact from a “buy” rating to a “hold” rating in a research report on Friday, September 5th. Needham & Company LLC upped their price target on Genpact from $50.00 to $53.00 and gave the company a “buy” rating in a research report on Friday, August 8th. Finally, Weiss Ratings reissued a “hold (c)” rating on shares of Genpact in a report on Wednesday, October 8th.

Genpact Stock Up 16.0%

Shares of NYSE:G opened at $44.55 on Monday. The company has a quick ratio of 1.53, a current ratio of 1.51 and a debt-to-equity ratio of 0.33. The firm’s 50-day simple moving average is $41.13 and its 200-day simple moving average is $43.30. Genpact has a fifty-two week low of $37.49 and a fifty-two week high of $56.76. The company has a market cap of $7.76 billion, a price-to-earnings ratio of 14.37, a PEG ratio of 1.53 and a beta of 0.85.

Genpact (NYSE:G) last posted its quarterly earnings results on Thursday, November 6th. The business services provider reported $0.97 earnings per share for the quarter, topping analysts’ consensus estimates of $0.90 by $0.07. The business had revenue of $1.29 billion for the quarter, compared to analysts’ expectations of $1.27 billion. Genpact had a net margin of 11.01% and a return on equity of 22.55%. The business’s revenue for the quarter was up 6.6% on a year-over-year basis. During the same period in the prior year, the company posted $0.85 EPS. Genpact has set its FY 2025 guidance at 3.600-3.610 EPS. Q4 2025 guidance at 0.930-0.940 EPS. As a group, equities research analysts predict that Genpact will post 3.21 earnings per share for the current year.

Genpact Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Tuesday, December 23rd. Shareholders of record on Tuesday, December 9th will be paid a dividend of $0.17 per share. The ex-dividend date of this dividend is Tuesday, December 9th. This represents a $0.68 annualized dividend and a yield of 1.5%. Genpact’s dividend payout ratio (DPR) is presently 21.94%.

Insiders Place Their Bets

In related news, SVP Piyush Mehta sold 76,902 shares of the firm’s stock in a transaction dated Friday, September 12th. The stock was sold at an average price of $42.58, for a total transaction of $3,274,487.16. Following the completion of the transaction, the senior vice president owned 134,880 shares of the company’s stock, valued at $5,743,190.40. This trade represents a 36.31% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, CEO Balkrishan Kalra sold 55,000 shares of Genpact stock in a transaction dated Thursday, September 11th. The stock was sold at an average price of $43.36, for a total value of $2,384,800.00. Following the completion of the transaction, the chief executive officer directly owned 295,246 shares in the company, valued at $12,801,866.56. This represents a 15.70% decrease in their position. The SEC filing for this sale provides additional information. 2.80% of the stock is currently owned by insiders.

Institutional Trading of Genpact

Several large investors have recently added to or reduced their stakes in the business. Hussman Strategic Advisors Inc. bought a new stake in shares of Genpact during the second quarter valued at approximately $3,697,000. Access Investment Management LLC bought a new position in Genpact in the second quarter worth approximately $9,423,000. Strs Ohio increased its holdings in Genpact by 51.4% during the 2nd quarter. Strs Ohio now owns 56,217 shares of the business services provider’s stock worth $2,474,000 after purchasing an additional 19,075 shares during the period. Asset Management One Co. Ltd. increased its holdings in Genpact by 149.5% during the 2nd quarter. Asset Management One Co. Ltd. now owns 33,618 shares of the business services provider’s stock worth $1,480,000 after purchasing an additional 20,146 shares during the period. Finally, Wealth Enhancement Advisory Services LLC raised its position in Genpact by 20.6% during the 1st quarter. Wealth Enhancement Advisory Services LLC now owns 9,650 shares of the business services provider’s stock valued at $486,000 after purchasing an additional 1,651 shares in the last quarter. 96.03% of the stock is owned by institutional investors.

Genpact Company Profile

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.