Genpact Limited (NYSE:G) Receives Average Rating of "Hold" from Analysts

Genpact Limited (NYSE:G - Get Free Report) has earned an average rating of "Hold" from the seven analysts that are covering the company, MarketBeat reports. Four equities research analysts have rated the stock with a hold recommendation and three have assigned a buy recommendation to the company. The average 12 month target price among analysts that have issued ratings on the stock in the last year is $50.71.

A number of analysts recently weighed in on the stock. Mizuho upped their price target on shares of Genpact from $45.00 to $55.00 and gave the stock a "neutral" rating in a research report on Monday, February 10th. Needham & Company LLC decreased their price target on shares of Genpact from $55.00 to $50.00 and set a "buy" rating for the company in a research report on Thursday, May 8th. Wall Street Zen raised shares of Genpact from a "buy" rating to a "strong-buy" rating in a research report on Friday. Finally, Robert W. Baird cut their price objective on shares of Genpact from $56.00 to $50.00 and set a "neutral" rating on the stock in a report on Thursday, May 8th.

Insiders Place Their Bets

In other news, CEO Balkrishan Kalra sold 13,600 shares of the stock in a transaction dated Thursday, March 13th. The shares were sold at an average price of $48.89, for a total transaction of $664,904.00. Following the transaction, the chief executive officer now owns 310,246 shares of the company's stock, valued at approximately $15,167,926.94. This trade represents a 4.20% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, Director Nicholas C. Gangestad purchased 2,000 shares of Genpact stock in a transaction dated Tuesday, May 13th. The shares were bought at an average cost of $43.97 per share, for a total transaction of $87,940.00. Following the transaction, the director now directly owns 2,000 shares of the company's stock, valued at approximately $87,940. The trade was a ∞ increase in their position. The disclosure for this purchase can be found here. 3.07% of the stock is currently owned by company insiders.

Institutional Investors Weigh In On Genpact

Institutional investors and hedge funds have recently bought and sold shares of the business. Cornerstone Planning Group LLC acquired a new stake in Genpact during the first quarter worth about $27,000. Coppell Advisory Solutions LLC raised its stake in Genpact by 529.5% during the fourth quarter. Coppell Advisory Solutions LLC now owns 598 shares of the business services provider's stock worth $25,000 after acquiring an additional 503 shares during the period. SRH Advisors LLC acquired a new stake in Genpact during the fourth quarter worth about $26,000. Atlas Capital Advisors Inc. increased its stake in shares of Genpact by 55.8% in the fourth quarter. Atlas Capital Advisors Inc. now owns 603 shares of the business services provider's stock valued at $26,000 after purchasing an additional 216 shares during the period. Finally, Richardson Financial Services Inc. acquired a new stake in shares of Genpact in the first quarter valued at approximately $35,000. Institutional investors and hedge funds own 96.03% of the company's stock.

Genpact Trading Up 0.2%

Shares of NYSE G traded up $0.07 during trading on Friday, hitting $43.20. 2,395,192 shares of the company traded hands, compared to its average volume of 1,381,663. Genpact has a 1 year low of $30.38 and a 1 year high of $56.76. The company has a 50-day moving average price of $45.83 and a 200-day moving average price of $47.22. The firm has a market capitalization of $7.55 billion, a P/E ratio of 15.21, a P/E/G ratio of 1.84 and a beta of 0.94. The company has a quick ratio of 1.85, a current ratio of 2.16 and a debt-to-equity ratio of 0.50.

Genpact (NYSE:G - Get Free Report) last announced its quarterly earnings results on Wednesday, May 7th. The business services provider reported $0.84 earnings per share for the quarter, topping analysts' consensus estimates of $0.80 by $0.04. Genpact had a net margin of 10.77% and a return on equity of 22.50%. The firm had revenue of $1.21 billion during the quarter, compared to analysts' expectations of $1.21 billion. During the same period in the prior year, the company earned $0.73 EPS. The firm's revenue was up 7.4% on a year-over-year basis. On average, equities analysts predict that Genpact will post 3.21 EPS for the current year.

Genpact Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Monday, June 30th. Shareholders of record on Wednesday, June 18th will be issued a $0.17 dividend. The ex-dividend date is Wednesday, June 18th. This represents a $0.68 dividend on an annualized basis and a yield of 1.57%. Genpact's dividend payout ratio is currently 23.21%.

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.