Genpact Limited (NYSE:G) Given Average Rating of "Hold" by Brokerages

Key Points

• Genpact has an average “Hold” rating from nine brokerages: seven analysts rate it Hold and two rate it Buy. The average 12-month price target is $39.33, slightly above the reported share price of $38.10.
• Genpact reported quarterly earnings of $1.00 per share on $1.34 billion in revenue, with an 11.04% net margin and 23.34% return on equity. Analysts expect full-year EPS of $3.66.
• The company declared a quarterly dividend of $0.1875 per share, or $0.75 annualized, representing a 2.0% yield and a 22.26% payout ratio.

Shares of Genpact Limited (NYSE:G - Get Free Report) have received an average rating of "Hold" from the nine brokerages that are currently covering the firm, MarketBeat.com reports. Seven investment analysts have rated the stock with a hold rating and two have issued a buy rating on the company. The average 12-month price target among brokerages that have issued ratings on the stock in the last year is $39.3333.

Several analysts have recently commented on the stock. Deutsche Bank Aktiengesellschaft set a $31.00 target price on shares of Genpact in a report on Friday, July 10th. JPMorgan Chase & Co. boosted their price target on shares of Genpact from $40.00 to $45.00 and gave the stock a "neutral" rating in a report on Friday, August 7th. TD Cowen upped their price objective on shares of Genpact from $42.00 to $43.00 and gave the stock a "buy" rating in a research report on Friday, August 7th. Citigroup increased their price objective on shares of Genpact from $32.00 to $36.00 and gave the company a "neutral" rating in a research note on Friday, August 7th. Finally, Robert W. Baird dropped their target price 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.

Genpact Price Performance

G stock opened at $38.10 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. The business has a 50-day simple moving average of $32.44 and a two-hundred day simple moving average of $34.37. The company has a market capitalization of $6.40 billion, a P/E ratio of 11.31, a price-to-earnings-growth ratio of 1.01 and a beta of 0.57. Genpact has a 52-week low of $26.85 and a 52-week high of $48.64.

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

Genpact Announces Dividend

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

Insider Activity at Genpact

In related news, SVP Anil Nanduru sold 6,191 shares of Genpact stock in a transaction 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 sale, the senior vice president directly owned 70,253 shares in the company, valued at approximately $2,601,468.59. This trade represents a 8.10% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Insiders own 1.58% of the company's stock.

Institutional Inflows and Outflows

A number of institutional investors have recently bought and sold shares of G. Osbon Capital Management LLC bought a new stake in shares of Genpact during the 4th quarter worth $25,000. iSAM Funds UK Ltd bought a new position in Genpact during the third quarter valued at about $29,000. Johnson Financial Group Inc. bought a new position in Genpact during the third quarter valued at about $29,000. Larson Financial Group LLC increased its holdings in Genpact by 428.4% during the fourth quarter. Larson Financial Group LLC now owns 708 shares of the business services provider's stock worth $33,000 after buying an additional 574 shares during the last quarter. Finally, Los Angeles Capital Management LLC purchased a new stake in Genpact during the fourth quarter worth about $33,000. Institutional investors own 96.03% of the company's stock.

About Genpact

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.

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