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.
Genpact Price Performance
Shares of NYSE:G traded down $0.04 during trading on Friday, hitting $48.59. The company had a trading volume of 18,557 shares, compared to its average volume of 810,767. The company has a market cap of $8.92 billion, a P/E ratio of 26.92, a PEG ratio of 1.66 and a beta of 1.36. Genpact has a 52 week low of $37.68 and a 52 week high of $54.03. The business's 50-day moving average is $44.87 and its 200 day moving average is $43.82. The company has a debt-to-equity ratio of 0.72, a quick ratio of 1.58 and a current ratio of 1.58.
Genpact (NYSE:G - Get Rating) last announced its earnings results on Thursday, August 4th. The business services provider reported $0.70 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.55 by $0.15. Genpact had a net margin of 8.09% and a return on equity of 22.29%. The company had revenue of $1.09 billion for the quarter, compared to the consensus estimate of $1.07 billion. During the same period in the previous year, the business earned $0.56 EPS. The company's revenue was up 10.2% on a year-over-year basis. Equities research analysts predict that Genpact will post 2.4 earnings per share for the current fiscal year.
Genpact Announces Dividend
The company also recently announced a quarterly dividend, which will be paid on Friday, September 23rd. Shareholders of record on Friday, September 9th will be paid a dividend of $0.125 per share. This represents a $0.50 annualized dividend and a yield of 1.03%. The ex-dividend date of this dividend is Thursday, September 8th. Genpact's dividend payout ratio (DPR) is currently 27.78%.
Wall Street Analysts Forecast Growth
G has been the subject of a number of research analyst reports. Citigroup cut their target price on Genpact from $55.00 to $52.00 and set a "buy" rating for the company in a research report on Wednesday, July 20th. Deutsche Bank Aktiengesellschaft cut their target price on Genpact from $55.00 to $48.00 in a research report on Friday, May 6th. Finally, StockNews.com cut Genpact from a "strong-buy" rating to a "buy" rating in a report on Thursday, May 12th. Three investment analysts have rated the stock with a hold rating and three have given a buy rating to the company. According to MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and an average price target of $53.00.
Insider Buying and Selling at Genpact
In other news, SVP Kathryn Vanpelt Stein sold 30,000 shares of the business's stock in a transaction on Wednesday, August 10th. The shares were sold at an average price of $47.71, for a total transaction of $1,431,300.00. Following the transaction, the senior vice president now directly owns 98,223 shares in the company, valued at approximately $4,686,219.33. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. In other news, SVP Heather White sold 15,000 shares of the business's stock in a transaction on Friday, August 12th. The shares were sold at an average price of $48.36, for a total transaction of $725,400.00. Following the transaction, the senior vice president now directly owns 30,587 shares in the company, valued at approximately $1,479,187.32. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. Also, SVP Kathryn Vanpelt Stein sold 30,000 shares of the business's stock in a transaction on Wednesday, August 10th. The shares were sold at an average price of $47.71, for a total transaction of $1,431,300.00. Following the transaction, the senior vice president now owns 98,223 shares in the company, valued at $4,686,219.33. The disclosure for this sale can be found here. Company insiders own 2.67% of the company's stock.
