Genpact (G) Stock Forecast, Price & News

4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Genpact in the last year. There are currently 2 hold ratings and 2 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" G shares.
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4 brokers have issued 12 month target prices for Genpact's stock. Their G share price forecasts range from $41.00 to $56.00. On average, they predict the company's stock price to reach $49.00 in the next twelve months. This suggests a possible upside of 30.3% from the stock's current price.
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Genpact's stock was trading at $46.32 at the start of the year. Since then, G stock has decreased by 18.8% and is now trading at $37.61.
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Genpact saw a increase in short interest in the month of May. As of May 15th, there was short interest totaling 2,630,000 shares, an increase of 105.5% from the April 30th total of 1,280,000 shares. Based on an average daily trading volume, of 1,180,000 shares, the short-interest ratio is currently 2.2 days. Currently, 1.6% of the company's stock are sold short.
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The company is scheduled to release its next quarterly earnings announcement on Thursday, August 3rd 2023.
View our G earnings forecast.

Genpact Limited (NYSE:G) posted its earnings results on Wednesday, May, 10th. The business services provider reported $0.60 earnings per share for the quarter, beating analysts' consensus estimates of $0.55 by $0.05. The business services provider had revenue of $1.09 billion for the quarter, compared to analysts' expectations of $1.10 billion. Genpact had a net margin of 8.27% and a trailing twelve-month return on equity of 25.74%.

Genpact declared a quarterly dividend on Thursday, May 4th. Investors of record on Friday, June 9th will be given a dividend of $0.1375 per share on Monday, June 26th. This represents a $0.55 annualized dividend and a dividend yield of 1.46%. The ex-dividend date is Thursday, June 8th.
Read our dividend analysis for G.

ETFs with the largest weight of Genpact (NYSE:G) stock in their portfolio include SRH U.S. Quality ETF (SRHQ), Newday Ocean Health ETF (AHOY), AB US Low Volatility Equity ETF (LOWV), ALPS O'Shares U.S. Small-Cap Quality Dividend ETF (OUSM), Invesco S&P MidCap Quality ETF (XMHQ), Invesco S&P MidCap Low Volatility ETF (XMLV), First Trust SMID Cap Rising Dividend Archievers ETF (SDVY) and Pacer US Export Leaders ETF (PEXL).

Genpact (NYSE:G) pays an annual dividend of $0.55 per share and currently has a dividend yield of 1.47%. The company has been increasing its dividend for 6 consecutive years, indicating the company has a new, but growing committment to grow its dividend. The dividend payout ratio is 28.35%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, G will have a dividend payout ratio of 18.90% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for G.

Genpact issued an update on its FY 2023 earnings guidance on Friday, May, 12th. The company provided earnings per share (EPS) guidance of $2.92-$2.99 for the period, compared to the consensus earnings per share estimate of $2.97. The company issued revenue guidance of $4.64 billion-$4.71 billion, compared to the consensus revenue estimate of $4.67 billion.

4,160 employees have rated Genpact Chief Executive Officer NV Tiger Tyagarajan on Glassdoor.com. NV Tiger Tyagarajan has an approval rating of 90% among the company's employees.

Based on aggregate information from My MarketBeat watchlists, some companies that other Genpact investors own include Cisco Systems (CSCO), Taiwan Semiconductor Manufacturing (TSM), Advanced Micro Devices (AMD), Intel (INTC), NVIDIA (NVDA), Salesforce (CRM), CVS Health (CVS), Enterprise Products Partners (EPD), Micron Technology (MU) and PageGroup (PAGE).

Genpact trades on the New York Stock Exchange (NYSE) under the ticker symbol "G."

Genpact's stock is owned by a variety of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (8.72%), FMR LLC (8.64%), Wellington Management Group LLP (7.51%), Victory Capital Management Inc. (4.79%), State Street Corp (2.40%) and Brown Advisory Inc. (2.31%). Insiders that own company stock include Balkrishan Kalra, Carol Lindstrom, Darren Saumur, Heather White, James C Madden, Kathryn Vanpelt Stein, N V Tyagarajan, Piyush Mehta and Timothy E Conver.
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Shares of G stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of G stock can currently be purchased for approximately $37.61.

Genpact (NYSE:G) has a market capitalization of $6.92 billion and generates $4.37 billion in revenue each year. The business services provider earns $353.40 million in net income (profit) each year or $1.94 on an earnings per share basis.

The company employs 118,900 workers across the globe.

Genpact's mailing address is 31 Victoria Street Victoria Place, Hamilton D0, HM 10. The official website for the company is www.genpact.com. The business services provider can be reached via phone at (441) 294-8000 or via email at investor.relations@genpact.com.