Genpact (G) Set to Announce Quarterly Earnings on Monday
Genpact (NYSE:G) is scheduled to be releasing its earnings data after the market closes on Monday, February 12th. Analysts expect Genpact to post earnings of $0.42 per share for the quarter.
Shares of Genpact (G) opened at $31.95 on Friday. The firm has a market capitalization of $6,071.18, a P/E ratio of 23.15, a P/E/G ratio of 1.95 and a beta of 0.57. The company has a debt-to-equity ratio of 0.77, a quick ratio of 1.65 and a current ratio of 1.65. Genpact has a fifty-two week low of $23.34 and a fifty-two week high of $34.79.
In other Genpact news, insider Private Ltd Gic sold 1,499,806 shares of Genpact stock in a transaction on Monday, November 20th. The stock was sold at an average price of $30.26, for a total value of $45,384,129.56. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. Also, insider Mohit Thukral sold 25,000 shares of Genpact stock in a transaction on Tuesday, November 28th. The shares were sold at an average price of $32.25, for a total value of $806,250.00. Following the completion of the transaction, the insider now directly owns 85,305 shares of the company’s stock, valued at $2,751,086.25. The disclosure for this sale can be found here. Insiders sold a total of 1,660,470 shares of company stock valued at $50,598,982 over the last ninety days. Insiders own 1.41% of the company’s stock.
Several research firms recently weighed in on G. Zacks Investment Research cut Genpact from a “buy” rating to a “hold” rating in a report on Tuesday, January 9th. Robert W. Baird reissued a “buy” rating and set a $38.00 price target on shares of Genpact in a report on Friday, November 10th. Finally, Cantor Fitzgerald reissued a “buy” rating and set a $36.00 price target on shares of Genpact in a report on Wednesday, November 8th. Three analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company. The stock currently has an average rating of “Buy” and a consensus price target of $33.38.
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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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