Genpact Limited (NYSE:G) Receives $51.29 Average PT from Analysts

Key Points

• Genpact Limited has received a consensus recommendation of "Hold" from seven analysts, with four holding and three assigning buy ratings.
• The average 1-year target price for Genpact shares is currently $51.29, reflecting recent adjustments from various analysts.
• Genpact reported earnings per share of $0.88 for the last quarter, exceeding analysts' expectations, and will pay a quarterly dividend of $0.17 on September 25th.

Genpact Limited (NYSE:G - Get Free Report) has received an average rating of "Hold" from the seven brokerages that are presently covering the firm, Marketbeat.com reports. Four equities research analysts have rated the stock with a hold recommendation and three have given a buy recommendation to the company. The average 1 year price target among brokerages that have covered the stock in the last year is $52.2857.

Several equities analysts have commented on G shares. Robert W. Baird decreased 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. Mizuho upped their price objective on shares of Genpact from $48.00 to $51.00 and gave the company a "neutral" rating in a report on Tuesday, July 1st. Needham & Company LLC upped their price objective on shares of Genpact from $50.00 to $53.00 and gave the company a "buy" rating in a report on Friday, August 8th. Wall Street Zen upgraded shares of Genpact from a "buy" rating to a "strong-buy" rating in a report on Friday, June 6th. Finally, JPMorgan Chase & Co. decreased their price objective on shares of Genpact from $55.00 to $50.00 and set a "neutral" rating on the stock in a report on Wednesday.

Hedge Funds Weigh In On Genpact

Several institutional investors and hedge funds have recently modified their holdings of the business. Wealth Enhancement Advisory Services LLC grew its stake in shares of Genpact by 2.5% in the second quarter. Wealth Enhancement Advisory Services LLC now owns 9,890 shares of the business services provider's stock valued at $454,000 after acquiring an additional 240 shares in the last quarter. Sylvest Advisors LLC grew its stake in shares of Genpact by 1.5% in the second quarter. Sylvest Advisors LLC now owns 17,902 shares of the business services provider's stock valued at $788,000 after acquiring an additional 258 shares in the last quarter. Stifel Financial Corp grew its stake in shares of Genpact by 1.0% in the fourth quarter. Stifel Financial Corp now owns 30,821 shares of the business services provider's stock valued at $1,324,000 after acquiring an additional 291 shares in the last quarter. Fifth Third Bancorp grew its stake in shares of Genpact by 9.5% in the first quarter. Fifth Third Bancorp now owns 3,461 shares of the business services provider's stock valued at $174,000 after acquiring an additional 299 shares in the last quarter. Finally, Louisiana State Employees Retirement System grew its stake in shares of Genpact by 0.7% in the second quarter. Louisiana State Employees Retirement System now owns 45,300 shares of the business services provider's stock valued at $1,994,000 after acquiring an additional 300 shares in the last quarter. 96.03% of the stock is currently owned by institutional investors and hedge funds.

Genpact Stock Up 1.8%

G traded up $0.8060 during trading on Wednesday, reaching $45.3260. 1,741,591 shares of the stock were exchanged, compared to its average volume of 1,999,126. The stock has a market cap of $7.90 billion, a P/E ratio of 15.06, a price-to-earnings-growth ratio of 1.53 and a beta of 0.92. Genpact has a twelve month low of $37.82 and a twelve month high of $56.76. The stock's 50 day moving average price is $44.06 and its two-hundred day moving average price is $46.87. 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 (NYSE:G - Get Free Report) last issued its earnings results on Thursday, August 7th. The business services provider reported $0.88 earnings per share for the quarter, topping analysts' consensus estimates of $0.85 by $0.03. Genpact had a net margin of 10.92% and a return on equity of 22.15%. The business had revenue of $1.25 billion for the quarter, compared to the consensus estimate of $1.23 billion. During the same period in the previous year, the company earned $0.79 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 3.510-3.580 EPS. Q3 2025 guidance at 0.890-0.900 EPS. Equities analysts expect that Genpact will post 3.21 EPS for the current year.

Genpact Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, September 25th. Shareholders of record on Thursday, September 11th will be issued a $0.17 dividend. This represents a $0.68 annualized dividend and a dividend yield of 1.5%. The ex-dividend date is Thursday, September 11th. Genpact's payout ratio is currently 22.59%.

About Genpact

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.