Genpact Limited (NYSE:G – Get Free Report) Director Tamara Franklin sold 2,750 shares of the business’s stock in a transaction that occurred on Wednesday, November 12th. The stock was sold at an average price of $45.65, for a total transaction of $125,537.50. Following the completion of the sale, the director owned 22,236 shares of the company’s stock, valued at approximately $1,015,073.40. The trade was a 11.01% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this link.
Genpact Trading Down 0.5%
Shares of G stock traded down $0.22 on Friday, hitting $44.83. 208,700 shares of the company’s stock traded hands, compared to its average volume of 1,709,516. The stock has a market capitalization of $7.73 billion, a price-to-earnings ratio of 14.46, a P/E/G ratio of 1.45 and a beta of 0.85. The company’s fifty day simple moving average is $41.12 and its 200 day simple moving average is $43.28. Genpact Limited has a one year low of $37.49 and a one year high of $56.76. The company has a debt-to-equity ratio of 0.33, a quick ratio of 1.53 and a current ratio of 1.51.
Genpact (NYSE:G – Get Free Report) last posted its quarterly earnings results on Thursday, November 6th. The business services provider reported $0.97 earnings per share for the quarter, topping the consensus estimate of $0.90 by $0.07. Genpact had a net margin of 11.01% and a return on equity of 22.55%. The business had revenue of $1.29 billion during the quarter, compared to the consensus estimate of $1.27 billion. During the same period in the previous year, the firm posted $0.85 earnings per share. The firm’s revenue for the quarter was up 6.6% on a year-over-year basis. Genpact has set its FY 2025 guidance at 3.600-3.610 EPS. Q4 2025 guidance at 0.930-0.940 EPS. Equities analysts forecast that Genpact Limited will post 3.21 EPS for the current year.
Genpact Dividend Announcement
Institutional Inflows and Outflows
Institutional investors have recently added to or reduced their stakes in the stock. Squarepoint Ops LLC lifted its position in shares of Genpact by 83.8% in the 3rd quarter. Squarepoint Ops LLC now owns 499,495 shares of the business services provider’s stock worth $20,924,000 after purchasing an additional 227,675 shares during the period. iSAM Funds UK Ltd bought a new position in Genpact in the third quarter worth about $29,000. NorthRock Partners LLC purchased a new stake in Genpact in the third quarter worth about $297,000. Glenmede Investment Management LP lifted its holdings in Genpact by 6.9% in the third quarter. Glenmede Investment Management LP now owns 72,851 shares of the business services provider’s stock worth $3,052,000 after buying an additional 4,694 shares during the period. Finally, Jump Financial LLC bought a new stake in Genpact during the 3rd quarter valued at approximately $2,079,000. 96.03% of the stock is currently owned by institutional investors.
Wall Street Analyst Weigh In
G has been the subject of several recent research reports. Weiss Ratings reiterated a “hold (c)” rating on shares of Genpact in a research report on Wednesday, October 8th. Wall Street Zen downgraded shares of Genpact from a “buy” rating to a “hold” rating in a research note on Friday, September 5th. Citigroup upgraded shares of Genpact to a “hold” rating in a report on Thursday, October 23rd. 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 report on Wednesday, August 20th. Finally, Needham & Company LLC boosted their price objective 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. Three investment analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the company’s stock. According to MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus price target of $51.13.
Get Our Latest Stock Analysis on Genpact
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.
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