Headlines about Genpact (NYSE:G) have trended somewhat positive recently, according to Accern. Accern identifies negative and positive news coverage by analyzing more than twenty million news and blog sources in real time. Accern ranks coverage of companies on a scale of -1 to 1, with scores closest to one being the most favorable. Genpact earned a news sentiment score of 0.07 on Accern’s scale. Accern also assigned headlines about the business services provider an impact score of 45.5952910368818 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the stock’s share price in the next several days.
Several research analysts recently issued reports on the company. Robert W. Baird reissued a “buy” rating and issued a $38.00 price objective on shares of Genpact in a research note on Friday, November 10th. Zacks Investment Research upgraded Genpact from a “sell” rating to a “hold” rating and set a $35.00 target price for the company in a report on Friday, November 10th. Cantor Fitzgerald restated a “buy” rating and set a $36.00 target price on shares of Genpact in a report on Wednesday, November 8th. Cowen restated a “buy” rating and set a $33.00 target price on shares of Genpact in a report on Thursday, October 12th. Finally, SunTrust Banks restated a “buy” rating and set a $34.00 target price on shares of Genpact in a report on Monday, October 9th. Three research analysts have rated the stock with a hold rating and seven have given a buy rating to the company. Genpact currently has a consensus rating of “Buy” and a consensus price target of $33.38.
Shares of Genpact (G) traded down $0.42 during mid-day trading on Tuesday, reaching $31.74. The company had a trading volume of 1,142,500 shares, compared to its average volume of 1,030,088. The stock has a market cap of $6,210.00, a price-to-earnings ratio of 23.00, a price-to-earnings-growth ratio of 2.17 and a beta of 0.58. The company has a debt-to-equity ratio of 0.77, a current ratio of 1.65 and a quick ratio of 1.65. Genpact has a one year low of $23.34 and a one year high of $32.80.
Genpact (NYSE:G) last issued its earnings results on Tuesday, November 7th. The business services provider reported $0.46 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $0.36 by $0.10. The company had revenue of $708.82 million during the quarter, compared to analyst estimates of $685.25 million. Genpact had a return on equity of 23.86% and a net margin of 10.18%. The firm’s quarterly revenue was up 9.3% on a year-over-year basis. During the same quarter last year, the business posted $0.37 EPS. equities analysts predict that Genpact will post 1.47 earnings per share for the current year.
The firm also recently announced a quarterly dividend, which was paid on Wednesday, December 20th. Stockholders of record on Friday, December 8th were given a dividend of $0.06 per share. This represents a $0.24 dividend on an annualized basis and a dividend yield of 0.76%. The ex-dividend date was Thursday, December 7th. Genpact’s dividend payout ratio (DPR) is presently 17.39%.
In related news, insider N. V. Tyagarajan sold 77,619 shares of the firm’s stock in a transaction dated Thursday, December 7th. The shares were sold at an average price of $32.23, for a total value of $2,501,660.37. Following the transaction, the insider now directly owns 244,755 shares of the company’s stock, valued at approximately $7,888,453.65. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, SVP Arvinder Singh sold 22,855 shares of the firm’s stock in a transaction dated Friday, December 15th. The shares were sold at an average price of $32.23, for a total transaction of $736,616.65. Following the completion of the transaction, the senior vice president now directly owns 37,623 shares in the company, valued at $1,212,589.29. The disclosure for this sale can be found here. Insiders have sold a total of 1,675,525 shares of company stock worth $50,978,024 over the last 90 days. Insiders own 1.41% of the company’s stock.
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Genpact Company Profile
Genpact Limited is engaged in providing digitally powered business process management and services. The Company is also engaged in designing, transforming and running a combination of processes, as well as providing solutions that combine elements of its service offerings. The Company’s segments include Business process outsourcing and Information technology services.
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