Genpact Limited provides business process outsourcing and information technology (IT) services in India, rest of Asia, North and Latin America, and Europe. It operates through three segments: Banking, Capital Markets and Insurance; Consumer Goods, Retail, Life Sciences and Healthcare; and High Tech, Manufacturing and Services. The company offers CFO advisory services; and environmental, social, and governance (ESG) services, such as data management, carbon accounting, human rights assessment, sustainability diligence, and ESG reporting. It also provides finance and accounting services, which include accounts payable, such as document management, invoice processing, approval and resolution management, and travel and expense processing; invoice-to-cash services, including customer master data management, credit and contract management, fulfillment, billing, collections, and dispute management services; record to report services comprising accounting, treasury, tax, product cost accounting, and closing and reporting services; financial planning and analysis consisting of budgeting, forecasting, and business performance reporting; and enterprise risk and compliance services, including operational risks and controls. In addition, the company provides supply chain advisory services, and after-sales services; sourcing and procurement services comprising direct and indirect strategic sourcing, category management, spend analytics, procurement operation, and master data management; and sales and commercial services, including campaign, order, and dispute management, lead generation, pricing, and promotion optimization. Further, it offers IT services, which comprise end-user computing support, infrastructure management, application production support, and database management services; and transformation services that include digital solutions, consulting services, and analytics services and solutions. The company was founded in 1997 and is based in Hamilton, Bermuda.
Analyst Ratings Changes
Several research analysts recently issued reports on G shares. Deutsche Bank Aktiengesellschaft reduced their target price on shares of Genpact from $55.00 to $48.00 in a report on Friday, May 6th. StockNews.com cut shares of Genpact from a "strong-buy" rating to a "buy" rating in a report on Thursday, May 12th. Finally, Citigroup reduced their target price on shares of Genpact from $55.00 to $52.00 and set a "buy" rating for the company in a report on Wednesday, July 20th. Three investment analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. According to MarketBeat.com, the company currently has an average rating of "Moderate Buy" and a consensus price target of $54.33.
Genpact Stock Down 3.1 %
G Stock opened at $46.92 on Monday. The firm has a market cap of $8.69 billion, a PE ratio of 26.07, a P/E/G ratio of 1.61 and a beta of 1.36. The company has a debt-to-equity ratio of 0.72, a quick ratio of 1.43 and a current ratio of 1.58. The firm's fifty day moving average is $44.27 and its 200 day moving average is $43.80. Genpact has a one year low of $37.68 and a one year high of $54.03.
Genpact (NYSE:G - Get Rating) last released its quarterly earnings results on Thursday, August 4th. The business services provider reported $0.70 EPS for the quarter, beating the consensus estimate of $0.55 by $0.15. The company had revenue of $1.09 billion for the quarter, compared to analyst estimates of $1.07 billion. Genpact had a net margin of 8.09% and a return on equity of 22.29%. The firm's revenue was up 10.2% on a year-over-year basis. During the same quarter last year, the business earned $0.56 earnings per share. On average, research analysts forecast that Genpact will post 2.37 EPS for the current year.
Genpact Dividend Announcement
The business also recently announced a quarterly dividend, which will be paid on Friday, September 23rd. Stockholders of record on Friday, September 9th will be given a $0.125 dividend. The ex-dividend date is Thursday, September 8th. This represents a $0.50 annualized dividend and a dividend yield of 1.07%. Genpact's dividend payout ratio (DPR) is 27.78%.