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

Key Points

• Genpact Limited has received an average analyst rating of "Hold" from seven analysts, with four recommending hold and three recommending buy.
• The company recently reported quarterly earnings of $0.88 EPS, surpassing the consensus estimate of $0.85, with revenue of $1.25 billion for the quarter.
• Genpact announced a quarterly dividend of $0.17 per share, resulting in a 1.6% yield, with the payout ratio currently at 22.59%.

Shares of Genpact Limited (NYSE:G - Get Free Report) have earned an average recommendation of "Hold" from the seven brokerages that are presently covering the company, Marketbeat reports. Four research analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. The average twelve-month price objective among brokers that have issued ratings on the stock in the last year is $52.2857.

Several brokerages recently commented on G. Wall Street Zen cut shares of Genpact from a "buy" rating to a "hold" rating in a research note on Friday, September 5th. Deutsche Bank Aktiengesellschaft assumed coverage on shares of Genpact in a report on Thursday, July 17th. They issued a "hold" rating and a $47.00 price objective for the company. JPMorgan Chase & Co. decreased their price target on shares of Genpact from $55.00 to $50.00 and set a "neutral" rating for the company in a research note on Wednesday, August 20th. Needham & Company LLC increased 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. Finally, Mizuho raised their price objective on shares of Genpact from $48.00 to $51.00 and gave the stock a "neutral" rating in a report on Tuesday, July 1st.

Insiders Place Their Bets

In other Genpact news, CEO Balkrishan Kalra sold 55,000 shares of Genpact stock in a transaction on Thursday, September 11th. The shares were sold at an average price of $43.36, for a total transaction of $2,384,800.00. Following the completion of the transaction, the chief executive officer directly owned 295,246 shares of the company's stock, valued at $12,801,866.56. The trade was a 15.70% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, SVP Piyush Mehta sold 76,902 shares of the business's stock in a transaction on Friday, September 12th. The shares were sold at an average price of $42.58, for a total transaction of $3,274,487.16. Following the sale, the senior vice president directly owned 134,880 shares of the company's stock, valued at $5,743,190.40. This represents a 36.31% decrease in their ownership of the stock. The disclosure for this sale can be found here. Company insiders own 3.07% of the company's stock.

Hedge Funds Weigh In On Genpact

Hedge funds have recently modified their holdings of the stock. Sumitomo Mitsui Trust Group Inc. purchased a new stake in Genpact in the first quarter valued at approximately $115,807,000. LSV Asset Management acquired a new stake in shares of Genpact during the 2nd quarter worth approximately $71,592,000. Clark Capital Management Group Inc. purchased a new position in shares of Genpact during the 1st quarter valued at approximately $64,842,000. Norges Bank purchased a new position in shares of Genpact during the 2nd quarter valued at approximately $52,819,000. Finally, Invesco Ltd. lifted its position in shares of Genpact by 334.9% during the 2nd quarter. Invesco Ltd. now owns 1,403,292 shares of the business services provider's stock valued at $61,759,000 after buying an additional 1,080,602 shares in the last quarter. Institutional investors and hedge funds own 96.03% of the company's stock.

Genpact Stock Performance

G stock traded down $0.44 during mid-day trading on Friday, hitting $41.33. The company had a trading volume of 1,277,801 shares, compared to its average volume of 1,616,540. The firm has a market cap of $7.20 billion, a PE ratio of 13.73, a price-to-earnings-growth ratio of 1.43 and a beta of 0.92. The company has a debt-to-equity ratio of 0.32, a quick ratio of 1.53 and a current ratio of 1.53. Genpact has a 12 month low of $37.82 and a 12 month high of $56.76. The stock's fifty day moving average price is $44.11 and its two-hundred day moving average price is $45.61.

Genpact (NYSE:G - Get Free Report) last posted its quarterly earnings results on Thursday, August 7th. The business services provider reported $0.88 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.85 by $0.03. Genpact had a net margin of 10.92% and a return on equity of 22.15%. The company had revenue of $1.25 billion for the quarter, compared to analyst estimates of $1.23 billion. During the same quarter in the previous year, the firm posted $0.79 earnings per share. The company's quarterly revenue was up 6.6% compared to the same quarter last year. Genpact has set its FY 2025 guidance at 3.510-3.580 EPS. Q3 2025 guidance at 0.890-0.900 EPS. On average, analysts forecast that Genpact will post 3.21 earnings per share for the current fiscal year.

Genpact Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Thursday, September 25th. Investors of record on Thursday, September 11th will be issued a $0.17 dividend. The ex-dividend date of this dividend is Thursday, September 11th. This represents a $0.68 dividend on an annualized basis and a dividend yield of 1.6%. Genpact's dividend payout ratio (DPR) is 22.59%.

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.