IGATE Corporation provides integrated technology and operations-based information technology solutions. The Company delivers a range of solutions and services across multiple domains and industries, including healthcare, life sciences, insurance, manufacturing, banking, financial services, business administrative services, data management services, product and engineering solutions, retail, consumer packaged goods, communications, energy, utility, media and entertainment.. It is an integrated technology and operations (ITOPS) company. The Company's services include application development, application maintenance, business intelligence and analytics, cloud services, engineering design services, enterprise application solutions, enterprise mobility, infrastructure management services, product and engineering solutions embedded systems, product verification and validation, verification and validation and business process outsourcing (BPO).
Industry, Sector and Symbol:
- Sector: Technology
- Industry: IT Services & Consulting
- Sub-Industry: IT Consulting & Other Services
- Symbol: NASDAQ:IGTE
- CUSIP: 45169U10
- Web: www.igate.com/
- 50 Day Moving Avg: $47.59
- 200 Day Moving Avg: $42.80
- 52 Week Range: $28.62 - $48.01
- Trailing P/E Ratio: N/A
- Foreward P/E Ratio: 19.51
- P/E Growth: 0.00
- Net Margins: 11.84%
- Return on Equity: 28.23%
- Return on Assets: 10.83%
- Average Volume: 1.20 million shs.
Frequently Asked Questions for IGATE Corp (NASDAQ:IGTE)
What is IGATE Corp's stock symbol?
IGATE Corp trades on the NASDAQ under the ticker symbol "IGTE."
How were IGATE Corp's earnings last quarter?
IGATE Corp (NASDAQ:IGTE) posted its quarterly earnings results on Monday, May, 4th. The company reported $0.48 earnings per share for the quarter, topping the consensus estimate of $0.42 by $0.06. The company earned $322 million during the quarter, compared to the consensus estimate of $325.60 million. IGATE Corp had a return on equity of 28.23% and a net margin of 11.84%. The firm's quarterly revenue was up 6.6% compared to the same quarter last year. During the same quarter in the prior year, the company earned $0.45 EPS. View IGATE Corp's Earnings History.
Who are some of IGATE Corp's key competitors?
Some companies that are related to IGATE Corp include International Business Machines Corporation (IBM), Accenture PLC (ACN), Automatic Data Processing (ADP), Vmware (VMW), Cognizant Technology Solutions Corporation (CTSH), Infosys Limited (INFY), Wipro Limited (WIT), CGI Group (GIB), Palo Alto Networks (PANW), Total System Services (TSS), Gartner (IT), VeriSign (VRSN), CDW Corporation (CDW), Amdocs Limited (DOX), Akamai Technologies (AKAM), Jack Henry & Associates (JKHY), F5 Networks (FFIV) and Fortinet (FTNT).
How do I buy IGATE Corp stock?
Shares of IGATE Corp can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is IGATE Corp's stock price today?
MarketBeat Community Rating for IGATE Corp (NASDAQ IGTE)MarketBeat's community ratings are surveys of what our community members think about IGATE Corp and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.
One share of IGATE Corp stock can currently be purchased for approximately $48.00.
Consensus Ratings for IGATE Corp (NASDAQ:IGTE) (How are Consensus Ratings Calculated?)
MarketBeat calculates consensus ratings using the most recent rating from each brokerage that has rated a stock within the last twelve months. Since brokers often use different ratings systems, each rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings. Each stock's consensus rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months.
MarketBeat will no longer include ratings and price target data in its consensus calculation if a broker drops coverage and MarketBeat has received a report that coverage was dropped. Ratings from certain research firms that issue ratings using purely quantitative methods (such as Zacks, Vetr and ValuEngine) are not included in consensus calculations. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
|Ratings Breakdown: ||No ratings tracked in the last 12 months.|
|Consensus Rating:||N/A (Score: NaN)|
|Consensus Price Target: ||N/A|
Analysts' Ratings History for IGATE Corp (NASDAQ:IGTE)
No equities research coverage for this company has been tracked by MarketBeat.com
Earnings History for IGATE Corp (NASDAQ:IGTE)Earnings History by Quarter for IGATE Corp (NASDAQ IGTE)
(Data available from 1/1/2011 forward)
|Date||Quarter||Consensus Estimate||Actual EPS||Revenue Estimate||Actual Revenue||Release Link||Conference Call||Details|
|5/4/2015||Q1 2015||$0.42||$0.48||$325.60 million||$322.00 million||View||N/A|
|1/20/2015||Q414||$0.55||$0.52||$330.26 million||$331.50 million||View||Listen|
|10/15/2014||Q314||$0.46||$0.52||$321.92 million||$322.80 million||View||Listen|
|7/16/2014||Q214||$0.47||$0.48||$306.41 million||$311.70 million||View||Listen|
|4/10/2014||Q1||$0.41||$0.45||$300.82 million||$302.20 million||View||Listen|
|1/16/2014||Q413||$0.44||$0.45||$296.14 million||$299.30 million||View||Listen|
|7/17/2013||Q2 2013||$0.34||$0.44||$279.28 million||$283.30 million||View||N/A|
|4/11/2013||Q1 2013||$0.41||$0.51||$271.85 million||$274.90 million||View||N/A|
|1/17/2013||Q4 2012||$0.39||$0.47||$272.14 million||$271.60 million||View||N/A|
|10/12/2012||Q312||$0.37||$0.46||$276.90 million||$271.10 million||View||N/A|
Earnings Estimates for IGATE Corp (NASDAQ:IGTE)
Current Year EPS Consensus Estimate: $2.23 EPS
Next Year EPS Consensus Estimate: $2.46 EPS
Dividend History for IGATE Corp (NASDAQ:IGTE)
No dividend announcements for this company have been tracked by MarketBeat.com
Insider Trading and Institutional Ownership History for IGATE Corp (NASDAQ:IGTE)Insider Trades by Quarter for IGATE Corp (NASDAQ:IGTE)
(Data available from 1/1/2013 forward)
|Transaction Date||Insider Name||Title||Buy/Sell||Number of Shares||Average Share Price||Total Transaction||Details|
|2/19/2015||Ashok Vemuri||CEO||Sell||18,750||$39.01||$731,437.50|| |
|2/12/2015||Srinivas Kandula||EVP||Sell||19,249||$38.89||$748,593.61|| |
|1/23/2015||Martin G Mcguinn||Director||Sell||38,000||$34.50||$1,311,000.00|| |
|1/22/2015||Sujit Sircar||CFO||Sell||4,358||$32.58||$141,983.64|| |
|11/10/2014||Sujit Sircar||CFO||Sell||14,996||$37.63||$564,299.48|| |
|7/28/2014||Webster Roy Dunbar||Director||Sell||66,000||$38.00||$2,508,000.00|| |
|7/24/2014||Prashanth Idgunji||CAO||Sell||206||$38.48||$7,926.88|| |
|7/21/2014||Sujit Sircar||CFO||Sell||3,561||$37.75||$134,427.75|| |
|1/23/2014||Martin Mcguinn||Director||Sell||19,575||$36.48||$714,096.00|| |
|1/21/2014||Goran Lindahl||Director||Sell||119,947||$36.50||$4,378,065.50|| |
|12/11/2013||Derek Kemp||EVP||Sell||7,733||$35.16||$271,892.28|| |
|12/6/2013||Srinivas Kandula||Insider||Sell||20,751||$34.52||$716,324.52|| |
|12/6/2013||Sujit Sircar||CFO||Sell||13,000||$34.87||$453,310.00|| |
|10/23/2013||Sunil Wadhwani||Director||Sell||30,000||$31.63||$948,900.00|| |
|10/21/2013||Sunil Wadhwani||Director||Sell||70,881||$31.29||$2,217,866.49|| |
|10/17/2013||Ashok Trivedi||Director||Sell||110,169||$31.18||$3,435,069.42|| |
|10/15/2013||Sunil Wadhwani||Director||Sell||124,034||$31.58||$3,916,993.72|| |
|9/17/2013||Sean Suresh Narayanan||Insider||Sell||7,000||$27.81||$194,670.00|| |
|8/12/2013||Sean Suresh Narayanan||Insider||Sell||7,000||$23.68||$165,760.00|| |
|8/5/2013||Srinivas Kandula||Insider||Sell||20,259||$24.22||$490,672.98|| |
|7/31/2013||Sujit Sircar||CFO||Sell||18,000||$23.22||$417,960.00|| |
|7/19/2013||Srinivas Kandula||Insider||Sell||18,702||$20.39||$381,333.78|| |
|3/6/2013||Apax Europe Vii Gp L.P. Inc.||Major Shareholder||Buy||75,438||$18.88||$1,424,269.44|| |
|3/6/2013||Phaneesh Murthy||CEO||Sell||104,459||$18.88||$1,972,185.92|| |
|2/13/2013||Apax Europe Vii Gp L.P. Inc.||Major Shareholder||Buy||8,738||$17.70||$154,662.60|| |
|2/12/2013||Apax Europe Vii-B, L.P.||Major Shareholder||Buy||16,243||$17.52||$284,577.36|| |
Headline Trends for IGATE Corp (NASDAQ:IGTE)
Latest Headlines for IGATE Corp (NASDAQ:IGTE)
|Critical Contrast: IGATE Corp (NASDAQ:IGTE) versus CSRA (CSRA)|
www.americanbankingnews.com - August 10 at 2:36 PM
|Xerox Appoints Ashok Vemuri As CEO Post-Separation BPO Firm|
finance.yahoo.com - June 14 at 12:51 PM
|IGATE CORP Financials|
finance.yahoo.com - December 8 at 1:12 PM
|IGATE CORP Files SEC form 8-K, Termination of a Material Definitive Agreement, Completion of Acquisition or Dispositi|
biz.yahoo.com - July 7 at 5:25 PM
|IGATE and Milliman Enter into a New Strategic Alliance|
au.finance.yahoo.com - July 2 at 8:15 AM
|Chart Industries Set to Join the S&P SmallCap 600|
finance.yahoo.com - July 1 at 6:10 PM
|Capgemini in 500 mln euro capital boost to fund IGATE buy|
finance.yahoo.com - June 9 at 12:48 PM
|IGATE Partners with Solix to Provide Comprehensive Enterprise Data Management Solutions|
au.finance.yahoo.com - June 3 at 8:10 AM
|IGATE CORP Files SEC form 10-Q, Quarterly Report|
biz.yahoo.com - May 6 at 12:01 PM
|IGATE CORP Files SEC form 8-K, Results of Operations and Financial Condition, Financial Statements and Exhibits|
biz.yahoo.com - May 5 at 6:04 AM
|IGATE CORP Files SEC form 8-K, Amendments to Articles of Inc. or Bylaws; Change in Fiscal Year, Financial Statements|
biz.yahoo.com - April 29 at 5:09 PM
|IGATE CORP Files SEC form 8-K, Entry into a Material Definitive Agreement, Change in Directors or Principal Officers,|
biz.yahoo.com - April 27 at 3:05 PM
IGATE Corp (IGTE) Chart for Friday, September, 22, 2017