Genpact Limited (NYSE:G) Receives Consensus Rating of “Hold” from Analysts

Shares of Genpact Limited (NYSE:GGet Free Report) have received an average recommendation of “Hold” from the nine brokerages that are currently covering the stock, Marketbeat Ratings reports. Seven analysts have rated the stock with a hold recommendation and two have issued a buy recommendation on the company. The average 1 year target price among brokers that have covered the stock in the last year is $39.3333.

Several research firms have issued reports on G. Susquehanna raised their price target on shares of Genpact from $33.00 to $37.00 and gave the stock a “neutral” rating in a report on Friday, August 7th. Wall Street Zen raised shares of Genpact from a “hold” rating to a “buy” rating in a research note on Saturday, August 29th. BMO Capital Markets reiterated a “market perform” rating and set a $40.00 price objective on shares of Genpact in a research report on Friday, August 7th. Deutsche Bank Aktiengesellschaft set a $31.00 target price on shares of Genpact in a research note on Friday, July 10th. Finally, Robert W. Baird cut their price target on shares of Genpact from $45.00 to $38.00 and set a “neutral” rating on the stock in a research report on Tuesday, July 7th.

Read Our Latest Analysis on Genpact

Genpact Price Performance

Shares of NYSE:G opened at $37.26 on Monday. The company has a debt-to-equity ratio of 0.44, a quick ratio of 2.00 and a current ratio of 2.00. Genpact has a 52 week low of $26.85 and a 52 week high of $48.64. The firm has a market cap of $6.26 billion, a PE ratio of 11.06, a price-to-earnings-growth ratio of 1.01 and a beta of 0.58. The firm’s fifty day moving average is $33.39 and its 200-day moving average is $34.40.

Genpact (NYSE:GGet Free Report) last issued its quarterly earnings data on Tuesday, June 30th. The business services provider reported $1.00 earnings per share (EPS) for the quarter. The company had revenue of $1.34 billion during the quarter. Genpact had a return on equity of 23.34% and a net margin of 11.04%. Sell-side analysts predict that Genpact will post 3.66 earnings per share for the current year.

Genpact Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, September 24th. Stockholders of record on Thursday, September 10th will be paid a $0.1875 dividend. This represents a $0.75 dividend on an annualized basis and a dividend yield of 2.0%. The ex-dividend date of this dividend is Thursday, September 10th. Genpact’s payout ratio is currently 22.26%.

Insider Activity at Genpact

In related news, SVP Anil Nanduru sold 6,191 shares of the firm’s stock in a transaction that occurred on Wednesday, August 19th. The stock was sold at an average price of $37.03, for a total transaction of $229,252.73. Following the completion of the sale, the senior vice president owned 70,253 shares of the company’s stock, valued at $2,601,468.59. This trade represents a 8.10% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. 1.58% of the stock is currently owned by insiders.

Institutional Trading of Genpact

Several large investors have recently modified their holdings of the stock. Osbon Capital Management LLC acquired a new position in shares of Genpact during the 4th quarter valued at $25,000. iSAM Funds UK Ltd bought a new stake in Genpact in the third quarter valued at $29,000. Johnson Financial Group Inc. bought a new stake in Genpact in the third quarter valued at $29,000. Larson Financial Group LLC raised its holdings in shares of Genpact by 428.4% during the fourth quarter. Larson Financial Group LLC now owns 708 shares of the business services provider’s stock valued at $33,000 after purchasing an additional 574 shares during the period. Finally, Los Angeles Capital Management LLC bought a new position in shares of Genpact during the 4th quarter worth about $33,000. Institutional investors and hedge funds own 96.03% of the company’s stock.

Genpact Company Profile

(Get Free Report)

Genpact is a global professional services firm specializing in digitally powered business process management and services. The company partners with clients across industries to design, transform and run key operations, leveraging data analytics, artificial intelligence, automation and domain expertise. Its offerings span finance and accounting, supply chain management, procurement, customer experience, risk and compliance, and other critical business functions.

Founded in 1997 as the business process outsourcing arm of General Electric and originally known as GE Capital International Services, the company rebranded as Genpact in 2005 and completed its initial public offering on the New York Stock Exchange in 2007 under the ticker symbol “G.” Over time, Genpact has expanded beyond traditional outsourcing to focus on digital transformation and innovation, helping organizations accelerate growth and improve operational efficiency.

Headquartered in New York City, Genpact serves clients in more than 30 countries across North America, Latin America, Europe and Asia Pacific.

See Also

Analyst Recommendations for Genpact (NYSE:G)

Receive News & Ratings for Genpact Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Genpact and related companies with MarketBeat.com's FREE daily email newsletter.