Wipro Limited (Wipro) is a global information technology (IT) services provider. It operates through two segments: IT Services and IT Products. The Company's IT Services business provides a range of IT and IT-enabled services, which include digital strategy advisory, customer centric design, technology consulting, IT consulting, custom application design, development, re-engineering and maintenance, systems integration, package implementation, global infrastructure services, analytics services, business process services, research and development and hardware and software design. The IT Products segment provides a range of third-party IT products, which allows it to offer IT system integration services. Its products include computing, Platforms and Storage, Networking Solutions, Enterprise Information Security, and software products, including databases and operating systems. The Company is a reseller of third-party enterprise products through its direct sales force.
Industry, Sector and Symbol:
- Sector: Computer and Technology
- Industry: Information Technology Services
- Sub-Industry: N/A
- Symbol: NYSE:WIT
- CUSIP: N/A
- Web: www.wipro.com
Capitalization:- Market Cap: $26.27 billion
- Outstanding Shares: 2,417,171,000
Average Prices:- 50 Day Moving Avg: $10.05
- 200 Day Moving Avg: $9.75
- 52 Week Range: $9.00 - $12.47
P/E:- Trailing P/E Ratio: 19.98
- Foreward P/E Ratio: 18.42
- P/E Growth: 2.14
Sales & Book Value:- Annual Revenue: $8.59 billion
- Price / Sales: 3.06
- Book Value: $3.36 per share
- Price / Book: 3.24
Dividend:- Annual Dividend: $0.06
- Dividend Yield: 0.4%
Profitability:- EBIDTA: $1.7 billion
- Net Margins: 15.46%
- Return on Equity: 17.32%
- Return on Assets: 11.22%
Debt:- Debt-to-Equity Ratio: 0.04%
- Current Ratio: 2.17%
- Quick Ratio: 2.14%
Misc:- Average Volume: 603,887 shs.
- Beta: 0.94
- Short Ratio: 31.45
Frequently Asked Questions for Wipro Limited (NYSE:WIT)
What is Wipro Limited's stock symbol?
Wipro Limited trades on the New York Stock Exchange (NYSE) under the ticker symbol "WIT."
How often does Wipro Limited pay dividends? What is the dividend yield for Wipro Limited?
Wipro Limited announced a dividend on Wednesday, January 25th. Stockholders of record on Friday, February 3rd will be given a dividend of $0.029 per share on Friday, February 3rd. The ex-dividend date is Wednesday, February 1st. This is a positive change from Wipro Limited's previous dividend of $0.02. View Wipro Limited's Dividend History.
How were Wipro Limited's earnings last quarter?
Wipro Limited (NYSE:WIT) issued its earnings results on Tuesday, April, 25th. The company reported $0.14 EPS for the quarter, beating the consensus estimate of $0.13 by $0.01. The company had revenue of $2.16 billion for the quarter, compared to the consensus estimate of $2.06 billion. Wipro Limited had a net margin of 15.46% and a return on equity of 17.32%. View Wipro Limited's Earnings History.
Where is Wipro Limited's stock going? Where will Wipro Limited's stock price be in 2017?
3 analysts have issued 1-year price objectives for Wipro Limited's shares. Their forecasts range from $8.50 to $8.50. On average, they anticipate Wipro Limited's stock price to reach $8.50 in the next twelve months. View Analyst Ratings for Wipro Limited.
Who are some of Wipro Limited's key competitors?
Some companies that are related to Wipro Limited include Fidelity National Information Servcs (FIS), ServiceNow (NOW), Gartner (IT), CDW Corp (CDW), Xerox Corp (XRX), Sabre Corp (SABR), NCR (NCR), EPAM Systems (EPAM), Science Applications International Corp (SAIC), CACI International (CACI), Acxiom (ACXM), Syntel (SYNT), Globant SA (GLOB), Sykes Enterprises, Incorporated (SYKE), Virtusa (VRTU), Radware (RDWR), 21Vianet Group (VNET) and Unisys (UIS).
Who owns Wipro Limited stock?
Wipro Limited's stock is owned by a variety of of retail and institutional investors. Top institutional shareholders include AQR Capital Management LLC (0.30%), Vanguard Group Inc. (0.27%), Nordea Investment Management AB (0.19%), State Street Corp (0.11%), Credit Suisse AG (0.08%) and Fisher Asset Management LLC (0.08%). View Institutional Ownership Trends for Wipro Limited.
Who sold Wipro Limited stock? Who is selling Wipro Limited stock?
Wipro Limited's stock was sold by a variety of institutional investors in the last quarter, including Morgan Stanley, BNP Paribas Arbitrage SA, Goldman Sachs Group Inc., Hexavest Inc., JPMorgan Chase & Co., FMR LLC, Mitsubishi UFJ Trust & Banking Corp and Renaissance Technologies LLC. View Insider Buying and Selling for Wipro Limited.
Who bought Wipro Limited stock? Who is buying Wipro Limited stock?
Wipro Limited's stock was bought by a variety of institutional investors in the last quarter, including Karp Capital Management Corp, AQR Capital Management LLC, Prudential Financial Inc., Credit Suisse AG, LSV Asset Management, Parametric Portfolio Associates LLC, First Trust Advisors LP and Lazard Asset Management LLC. View Insider Buying and Selling for Wipro Limited.
How do I buy Wipro Limited stock?
Shares of Wipro Limited can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
How much does a share of Wipro Limited stock cost?
One share of Wipro Limited stock can currently be purchased for approximately $10.87.
Earnings History for Wipro Limited (NYSE:WIT)Earnings History by Quarter for Wipro Limited (NYSE:WIT)| Date | Quarter | Consensus Estimate | Actual EPS | Revenue Estimate | Actual Revenue | Release Link | Conference Call | Details |
|---|
| 4/25/2017 | 3/31/2017 | $0.13 | $0.14 | $2.06 billion | $2.16 billion | View | N/A |  |
| 1/25/2017 | Q317 | $0.13 | $0.13 | $2.03 billion | $136.88 billion | View | N/A | |
| 10/21/2016 | Q217 | $0.14 | $0.13 | $2.03 billion | $137.66 billion | View | Listen | |
| 7/19/2016 | Q117 | $0.14 | $0.12 | $2.02 billion | $2.00 billion | View | Listen | |
| 4/20/2016 | Q416 | $0.15 | $0.14 | $2.00 billion | $2.10 billion | View | Listen | |
| 1/18/2016 | Q316 | $0.15 | $0.13 | $1.99 billion | $1.94 billion | View | Listen | |
| 10/21/2015 | Q216 | $0.14 | $0.14 | $1.98 billion | $1.91 billion | View | Listen | |
| 7/23/2015 | Q116 | $0.14 | $0.14 | $1.84 billion | $122.38 billion | View | Listen | |
| 4/21/2015 | Q4 | $0.15 | $0.15 | $121.27 billion | $121.42 billion | View | N/A | |
| 1/16/2015 | Q315 | $0.14 | $8.88 | $1.98 billion | $119.93 billion | View | N/A | |
| 10/22/2014 | Q215 | $0.14 | $0.14 | $1.93 billion | $1.89 billion | View | Listen | |
| 7/24/2014 | Q115 | $0.13 | $8.54 | $1.87 billion | $111.36 billion | View | N/A | |
| 4/17/2014 | Q414 | $0.13 | $9.04 | $1.90 billion | $116.54 billion | View | N/A | |
| 1/17/2014 | Q314 | $0.12 | $8.18 | $1.83 billion | $112.71 billion | View | N/A | |
| 10/22/2013 | Q214 | $0.11 | $7.85 | $1.78 billion | $107.73 billion | View | N/A | |
| 7/26/2013 | | $6.49 | $6.60 | $101.67 million | $97.29 million | View | N/A | |
| 11/2/2012 | Q312 | $0.12 | $0.12 | $1.91 billion | $2.01 billion | View | N/A | |
| 10/31/2011 | | $5.42 | $5.28 | | | View | N/A | |
| 4/26/2011 | | $0.12 | $0.13 | | | View | N/A | |
(Data available from 1/1/2011 forward)
Earnings Estimates for Wipro Limited (NYSE:WIT)2017 EPS Consensus Estimate: $0.26
2018 EPS Consensus Estimate: $0.50
| Quarter | Number of Estimates | Low Estimate | High Estimate | Average Estimate |
|---|
| Q3 2017 | 1 | $0.13 | $0.13 | $0.13 |
| Q4 2017 | 1 | $0.13 | $0.13 | $0.13 |
| Q1 2018 | 1 | $0.12 | $0.12 | $0.12 |
| Q2 2018 | 1 | $0.13 | $0.13 | $0.13 |
| Q3 2018 | 1 | $0.12 | $0.12 | $0.12 |
| Q4 2018 | 1 | $0.13 | $0.13 | $0.13 |
(Data provided by Zacks Investment Research)
Current Dividend Information for Wipro Limited (NYSE:WIT)| Most Recent Dividend: | 2/3/2017 |
| Annual Dividend: | $0.06 |
| Dividend Yield: | 0.55% |
| Dividend Growth: | -9.60% (3 Year Average) |
| Payout Ratio: | 11.54% (Trailing 12 Months of Earnings)
11.11% (Based on This Year's Estimates)
10.17% (Based on Next Year's Estimates)
|
Dividend History by Quarter for Wipro Limited (NYSE:WIT)| Announced | Period | Amount | Yield | Ex-Dividend Date | Record Date | Payable Date |
|---|
| 1/25/2017 | | $0.03 | | 2/1/2017 | 2/3/2017 | 2/3/2017 |
| 6/7/2016 | | $0.02 | | 7/7/2016 | 7/11/2016 | 7/11/2016 |
| 1/20/2016 | | $0.07 | | 1/25/2016 | 1/27/2016 | 1/27/2016 |
(Data available from 1/1/2013 forward)
Insider Trading History for Wipro Limited (NYSE:WIT)
No insider trades for this company have been tracked by MarketBeat.com
Headline Trends for Wipro Limited (NYSE:WIT)
Latest Headlines for Wipro Limited (NYSE:WIT)
| Source: |
|
| Date | Headline |
|---|
 | Is Inflation in India Approaching Its Target Range in 2017?
finance.yahoo.com - May 25 at 7:50 AM |
 | Wipro Limited (WIT) Given Consensus Recommendation of "Sell" by Analysts
www.americanbankingnews.com - May 19 at 9:23 AM |
| Wipro Launches Nine Solutions to Accelerate Adoption of Blockchain Across Industry Sectors
finance.yahoo.com - May 17 at 10:44 PM |
| Wipro, First Book Bring Backpacks, New Books to Atlanta Area Kids in Need
finance.yahoo.com - May 12 at 4:36 AM |
| $0.12 EPS Expected for Wipro Limited (WIT) This Quarter
www.americanbankingnews.com - May 10 at 2:08 PM |
| Wipro Limited (WIT) Earning Favorable Media Coverage, Study Shows
www.americanbankingnews.com - May 4 at 4:42 PM |
| Wipro Joins Enterprise Ethereum Alliance as Founding Member to Develop Enterprise-Grade Blockchain Solutions
finance.yahoo.com - May 4 at 9:35 AM |
 | Wipro Limited Launches New Brand Identity; Rearticulates its Values - Business Wire (press release)
www.businesswire.com - May 3 at 6:59 PM |
| Wipro Limited (WIT) Earns Daily Coverage Optimism Rating of 0.69
www.americanbankingnews.com - May 1 at 9:54 AM |
| Wipro Positioned as a Leader in NelsonHall’s Big Data and Analytics NEAT Report 2017
finance.yahoo.com - April 29 at 2:26 AM |
| Wipro Limited (WIT) Given News Impact Rating of 0.22
www.americanbankingnews.com - April 28 at 1:30 PM |
| Wipro Limited (WIT) Downgraded to Sell at Zacks Investment Research
www.americanbankingnews.com - April 28 at 7:26 AM |
| Wipro Limited Announces Results for the Quarter and Year Ended March 31, 2017 under IFRS - Business Wire (press release)
www.businesswire.com - April 27 at 11:39 AM |
| $2.09 Billion in Sales Expected for Wipro Limited (WIT) This Quarter
www.americanbankingnews.com - April 27 at 1:07 AM |
| Zacks: Analysts Expect Wipro Limited (WIT) Will Post Earnings of $0.12 Per Share
www.americanbankingnews.com - April 27 at 1:06 AM |
| Wipro Limited (WIT) Releases Earnings Results, Beats Estimates By $0.01 EPS
www.americanbankingnews.com - April 26 at 5:52 PM |
| Jefferies Group Comments on Wipro Limited's FY2018 Earnings (WIT)
www.americanbankingnews.com - April 26 at 4:44 PM |
| Wipro Limited to Post Q3 2018 Earnings of $0.12 Per Share, Wedbush Forecasts (WIT)
www.americanbankingnews.com - April 26 at 4:44 PM |
 | Wipro;s (WIT) CEO Abidali Neemuchwala on Q4 2017 Results - Earnings Call Transcript
seekingalpha.com - April 25 at 7:35 PM |
| Wipro Limited Announces Results for the Quarter and Year Ended March 31, 2017 under IFRS
finance.yahoo.com - April 25 at 7:35 PM |
| [$$] Wipro March Quarter Net Profit Up 0.4% at $351.8 Million
finance.yahoo.com - April 25 at 7:35 PM |
| Somewhat Favorable Media Coverage Likely to Affect Wipro Limited (WIT) Share Price
www.americanbankingnews.com - April 25 at 3:21 PM |
 | Wipro Q4 Profit Edges Up, Revenues Rise - Quick Facts
www.nasdaq.com - April 25 at 8:38 AM |
| India's Wipro posts small rise in quarterly profit; outlook muted
finance.yahoo.com - April 25 at 8:38 AM |
| Wipro Limited (WIT) Receives Average Rating of "Sell" from Analysts
www.americanbankingnews.com - April 24 at 11:17 AM |
| Wipro Partners with and Invests in Demisto to Deliver Security Orchestration and Automated Incident Management as a Managed Service
finance.yahoo.com - April 24 at 8:57 AM |
| $2.06 Billion in Sales Expected for Wipro Limited (WIT) This Quarter
www.americanbankingnews.com - April 21 at 2:07 PM |
| Wipro Limited (WIT) Earning Positive Press Coverage, Study Finds
www.americanbankingnews.com - April 20 at 9:53 AM |
| $0.13 EPS Expected for Wipro Limited (WIT) This Quarter
www.americanbankingnews.com - April 19 at 6:21 PM |
| Wipro Limited to Announce Results for the Fourth Quarter and Year Ended March 31, 2017 on April 25, 2017
finance.yahoo.com - April 13 at 11:41 PM |
| Somewhat Favorable Media Coverage Somewhat Likely to Impact Wipro Limited (WIT) Stock Price
www.americanbankingnews.com - April 13 at 1:10 PM |
| Every Tech Billionaire in India Takes Hit From Trump Visa Reform
finance.yahoo.com - April 11 at 10:40 PM |
 | EXCLUSIVE: CenturyLink Chairman William A. Owens, a Kirkland resident, to step down
www.bizjournals.com - April 10 at 8:08 PM |
| Wipro Positioned as a Leader in IDC MarketScape: Worldwide Datacenter Transformation Consulting and Implementation Services 2016 Vendor Assessment
au.finance.yahoo.com - April 1 at 10:46 AM |
| 6 Companies That Offer Strong Value Potential for 2nd-Quarter 2017
finance.yahoo.com - March 30 at 8:28 PM |
| Wipro Limited (WIT) Receives Consensus Recommendation of "Sell" from Brokerages
www.americanbankingnews.com - March 28 at 12:17 PM |
| Infosys has Room to Grow Despite Visa Scare: Here's Why
finance.yahoo.com - March 23 at 3:59 PM |
| Wipro Limited (WIT) Lifted to "B-" at TheStreet
www.americanbankingnews.com - March 21 at 1:16 PM |
 | Wipro Opens Automotive Engineering Center in Detroit
us.rd.yahoo.com - March 16 at 8:53 PM |
 | Wipro Ltd. :WIT-US: Earnings Analysis: Q3, 2017 By the Numbers : March 15, 2017
us.rd.yahoo.com - March 16 at 8:53 PM |
| Wipro and Harte Hanks to Offer Marketing Technology Services - Business Wire (press release)
www.businesswire.com - March 16 at 7:23 AM |
| Wipro Launches the HOLMES - Business Wire (press release)
www.businesswire.com - March 15 at 2:03 AM |
| Wipro to Develop Next-Generation Enterprise Master Patient Index (eMPI) Solution for NHS Scotland
au.finance.yahoo.com - March 14 at 9:01 PM |
| Wipro Joins LoRa Alliance™ to Accelerate IoT Deployments - Yahoo Finance
finance.yahoo.com - March 8 at 8:01 AM |
| Wipro Joins LoRa Alliance™ to Accelerate IoT Deployments
au.finance.yahoo.com - March 8 at 8:01 AM |
| Wipro Recognized as Best in Class Technology Provider for 2017 by 'Consumer Goods Technology' Readers - Yahoo Finance
finance.yahoo.com - March 6 at 11:34 AM |
| Wipro Recognized as Best in Class Technology Provider for 2017 by ‘Consumer Goods Technology’ Readers
au.finance.yahoo.com - March 6 at 11:34 AM |
| Wipro, First Book Help Bring 43,000 New Books to Dallas-Area Children in Need
us.rd.yahoo.com - March 4 at 4:23 AM |
| Wipro Positioned in ‘Winner’s Circle’ of HfS Blueprint Report on Product Lifecycle Management Services
us.rd.yahoo.com - March 3 at 6:53 AM |
| Wipro Recognized as ‘Best Collaboration Partner’ by LTA, Singapore at the Land Transport Excellence Awards 2016
au.finance.yahoo.com - March 1 at 8:38 AM |
Wipro Limited (WIT) Chart for Friday, May, 26, 2017
