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

Key Points

• Genpact has an average analyst recommendation of "Hold" from eight firms (six hold, one buy, one strong-buy) with a 12‑month consensus price target of about $47.29.
• The company beat quarterly EPS estimates ($0.97 vs. $0.93) and reported revenue of $1.32B (up 5.6% YoY); Genpact trades at a P/E of ~10.97 with a market cap near $5.83B.
• CEO Balkrishan Kalra sold 2,800 shares at $40.77 (a 0.53% reduction in his stake) and insiders own 1.58% of the stock; the firm also declared a quarterly dividend of $0.1875 (annual $0.75) for a ~2.2% yield.

Shares of Genpact Limited (NYSE:G - Get Free Report) have received an average recommendation of "Hold" from the eight ratings firms that are presently covering the firm, MarketBeat.com reports. Six investment analysts have rated the stock with a hold recommendation, one has given a buy recommendation and one has issued a strong buy recommendation on the company. The average twelve-month price objective among analysts that have issued a report on the stock in the last year is $47.2857.

G has been the subject of a number of analyst reports. Mizuho cut their price target on Genpact from $51.00 to $49.00 and set a "neutral" rating for the company in a report on Tuesday, February 10th. Wall Street Zen lowered Genpact from a "buy" rating to a "hold" rating in a report on Saturday, March 14th. Susquehanna set a $42.00 price target on Genpact in a report on Friday, February 6th. Needham & Company LLC cut their price target on Genpact from $53.00 to $50.00 and set a "buy" rating for the company in a report on Friday, February 6th. Finally, Citigroup raised Genpact from a "hold" rating to a "strong-buy" rating in a report on Friday, February 13th.

Insider Activity

In related news, CEO Balkrishan Kalra sold 2,800 shares of the stock in a transaction on Wednesday, March 4th. The stock was sold at an average price of $40.77, for a total value of $114,156.00. Following the sale, the chief executive officer owned 525,007 shares in the company, valued at approximately $21,404,535.39. This trade represents a 0.53% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Company insiders own 1.58% of the company's stock.

Institutional Investors Weigh In On Genpact

A number of institutional investors and hedge funds have recently made changes to their positions in G. Osbon Capital Management LLC purchased a new stake in shares of Genpact in the fourth quarter worth $25,000. Private Trust Co. NA raised its position in shares of Genpact by 364.2% in the third quarter. Private Trust Co. NA now owns 636 shares of the business services provider's stock worth $27,000 after buying an additional 499 shares in the last quarter. Quent Capital LLC purchased a new stake in shares of Genpact in the third quarter worth $27,000. Westside Investment Management Inc. raised its position in shares of Genpact by 193.5% in the third quarter. Westside Investment Management Inc. now owns 678 shares of the business services provider's stock worth $28,000 after buying an additional 447 shares in the last quarter. Finally, iSAM Funds UK Ltd purchased a new stake in shares of Genpact in the third quarter worth $29,000. Hedge funds and other institutional investors own 96.03% of the company's stock.

Genpact Price Performance

Genpact stock opened at $34.34 on Monday. Genpact has a one year low of $33.74 and a one year high of $50.41. The business has a fifty day moving average price of $37.85 and a 200-day moving average price of $41.62. The company has a debt-to-equity ratio of 0.46, a current ratio of 1.66 and a quick ratio of 1.66. The firm has a market capitalization of $5.83 billion, a P/E ratio of 10.97, a PEG ratio of 1.01 and a beta of 0.74.

Genpact (NYSE:G - Get Free Report) last posted its quarterly earnings results on Friday, February 6th. The business services provider reported $0.97 EPS for the quarter, topping analysts' consensus estimates of $0.93 by $0.04. Genpact had a return on equity of 22.02% and a net margin of 10.88%.The firm had revenue of $1.32 billion during the quarter, compared to analyst estimates of $1.31 billion. During the same period last year, the company earned $0.91 earnings per share. The business's revenue for the quarter was up 5.6% on a year-over-year basis. As a group, equities research analysts forecast that Genpact will post 3.6 EPS for the current year.

Genpact Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, June 25th. Investors of record on Wednesday, June 10th will be given a $0.1875 dividend. This represents a $0.75 dividend on an annualized basis and a dividend yield of 2.2%. The ex-dividend date is Wednesday, June 10th. Genpact's dividend payout ratio (DPR) is 23.96%.

Genpact Company Profile

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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