Genpact (NYSE:G) Sets New 1-Year Low - What's Next?

Key Points

• New 52-week low: Genpact shares fell to $33.80 (last $34.15), trading below both the 50‑day ($37.91) and 200‑day ($41.65) moving averages while the street maintains a consensus “Hold” rating with a $47.29 price target.
• Quarterly beat and solid fundamentals: Genpact reported $0.97 EPS vs. $0.93 expected and $1.32B revenue (up 5.6% YoY), with a P/E of 10.85 and a market cap of $5.76B.
• Shareholder returns and ownership: The company announced a quarterly dividend of $0.1875 (annual $0.75, ~2.2% yield; payout ratio ~24%), insiders own 1.58% while institutional investors hold about 96% of the shares.

Genpact Limited (NYSE:G - Get Free Report) shares reached a new 52-week low during trading on Friday . The company traded as low as $33.80 and last traded at $34.1470, with a volume of 163961 shares changing hands. The stock had previously closed at $34.50.

Analyst Upgrades and Downgrades

A number of research firms recently commented on G. Citigroup upgraded Genpact from a "hold" rating to a "strong-buy" rating in a report on Friday, February 13th. Mizuho decreased their price objective on Genpact from $51.00 to $49.00 and set a "neutral" rating on the stock in a report on Tuesday, February 10th. Wall Street Zen cut Genpact from a "buy" rating to a "hold" rating in a report on Saturday, March 14th. Needham & Company LLC decreased their price target on Genpact from $53.00 to $50.00 and set a "buy" rating on the stock in a research note on Friday, February 6th. Finally, Weiss Ratings restated a "hold (c+)" rating on shares of Genpact in a research note on Friday, December 26th. One research analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating and six have assigned a Hold rating to the stock. According to MarketBeat, the stock currently has a consensus rating of "Hold" and a consensus price target of $47.29.

Genpact Stock Down 1.6%

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 business has a 50 day simple moving average of $37.91 and a 200 day simple moving average of $41.65. The company has a market capitalization of $5.76 billion, a price-to-earnings ratio of 10.85, a PEG ratio of 1.07 and a beta of 0.74.

Genpact (NYSE:G - Get Free Report) last released 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 company had revenue of $1.32 billion for the quarter, compared to analysts' expectations of $1.31 billion. During the same period in the prior year, the firm earned $0.91 earnings per share. The firm's revenue was up 5.6% compared to the same quarter last year. As a group, equities analysts predict that Genpact Limited will post 3.6 earnings per share for the current fiscal year.

Genpact Announces Dividend

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

Insider Buying and Selling at Genpact

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

Hedge Funds Weigh In On Genpact

Large investors have recently bought and sold shares of the business. Osbon Capital Management LLC purchased a new position in Genpact in the fourth quarter valued at $25,000. Private Trust Co. NA grew its holdings in shares of Genpact by 364.2% during the third quarter. Private Trust Co. NA now owns 636 shares of the business services provider's stock worth $27,000 after purchasing an additional 499 shares during the last quarter. V Square Quantitative Management LLC purchased a new position in shares of Genpact during the fourth quarter worth about $30,000. Quent Capital LLC purchased a new position in shares of Genpact during the third quarter worth about $27,000. Finally, Westside Investment Management Inc. grew its holdings in shares of Genpact by 193.5% during the third quarter. Westside Investment Management Inc. now owns 678 shares of the business services provider's stock worth $28,000 after purchasing an additional 447 shares during the last quarter. Hedge funds and other institutional investors own 96.03% of the company's stock.

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.