Wipro Limited Company Profile (NYSE:WIT)

About Wipro Limited

Wipro Limited logoWipro Limited (Wipro) is a global information technology (IT) services provider. The Company 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 IT consulting, custom application design, development, re-engineering and maintenance, systems integration, package implementation, global infrastructure services, business process services, research and development and hardware and software design to the enterprises worldwide. The IT Products segment provides a range of third-party IT products, which allows it to offer IT system integration services. These products include computing, storage, networking, security and software products, including databases and operating systems. The Company's development centers are located around the world, including in India, the United States, Europe, Australia, the Philippines and China.

Industry, Sector and Symbol:
  • Sector: Computer and Technology
  • Industry: Information Technology Services
  • Sub-Industry: N/A
  • Exchange: NYSE
  • Symbol: WIT
  • CUSIP:
Key Metrics:
  • Previous Close: $10.48
  • 50 Day Moving Average: $11.43
  • 200 Day Moving Average: $11.88
  • Trailing P/E Ratio: 19.49
  • Foreward P/E Ratio: 16.97
  • P/E Growth: 1.42
  • Market Cap: $25.47B
  • Outstanding Shares: 2,456,177,000
  • Beta: 1.19
Additional Links:
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Analyst Ratings

Consensus Ratings for Wipro Limited (NYSE:WIT) (?)
Ratings Breakdown: 3 Sell Ratings, 2 Hold Ratings
Consensus Rating:Sell (Score: 1.40)
Consensus Price Target: $11.00 (6.28% upside)

Analysts' Ratings History for Wipro Limited (NYSE:WIT)
Show:
DateFirmActionRatingPrice TargetDetails
8/9/2016HSBCDowngradeHold -> ReduceView Rating Details
4/21/2016Citigroup Inc.DowngradeNeutral -> SellView Rating Details
4/20/2016Credit Suisse Group AGDowngradeOutperform -> NeutralView Rating Details
2/11/2016Morgan StanleyDowngradeOverweight -> Equal WeightView Rating Details
12/17/2015Sterne Agee CRTInitiated CoverageUnderperform$11.00View Rating Details
6/3/2015Jefferies GroupUpgradeUnderperform -> HoldView Rating Details
12/1/2014Deutsche Bank AGDowngradeBuy -> HoldView Rating Details
(Data available from 8/26/2014 forward)

Earnings

Earnings History for Wipro Limited (NYSE:WIT)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
7/19/2016Q117$0.14$0.12$2.02 billion$2.00 billionViewListenView Earnings Details
4/20/2016Q416$0.15$0.14$2.00 billion$2.10 billionViewListenView Earnings Details
1/18/2016Q316$0.15$0.13$1.97 billionViewListenView Earnings Details
10/21/2015Q216$0.14$0.14$1.98 billion$1.91 billionViewListenView Earnings Details
7/23/2015Q116$0.14$0.14$1.84 billion$122.38 billionViewListenView Earnings Details
4/21/2015Q4$0.15$0.15$121.27 billion$121.42 billionViewN/AView Earnings Details
1/16/2015Q315$0.14$8.88$1.98 billion$119.93 billionViewN/AView Earnings Details
10/22/2014Q215$0.14$0.14$1.93 billion$1.89 billionViewListenView Earnings Details
7/24/2014Q115$0.13$8.54$1.87 billion$111.36 billionViewN/AView Earnings Details
4/17/2014Q414$0.13$9.04$1.90 billion$116.54 billionViewN/AView Earnings Details
1/17/2014Q314$0.12$8.18$1.83 billion$112.71 billionViewN/AView Earnings Details
10/22/2013Q214$0.11$7.85$1.78 billion$107.73 billionViewN/AView Earnings Details
7/26/2013$6.49$6.60$101.67 million$97.29 millionViewN/AView Earnings Details
11/2/2012Q312$0.12$0.12$1.91 billion$2.01 billionViewN/AView Earnings Details
10/31/2011$5.42$5.28ViewN/AView Earnings Details
4/26/2011$0.12$0.13ViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for Wipro Limited (NYSE:WIT)
Current Year EPS Consensus Estimate: $0.55 EPS
Next Year EPS Consensus Estimate: $0.61 EPS
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20161$0.16$0.16$0.16
(Data provided by Zacks Investment Research)

Dividends

Current Dividend Information for Wipro Limited (NYSE:WIT)
Annual Dividend:$0.03
Dividend Yield:0.29%
Payout Ratio:5.45% (Based on Current Year Consensus EPS Estimate)
4.92% (Based on Next Year Consensus EPS Estimate)
Dividend Growth:19.20% (3 Year Average)

Dividend History for Wipro Limited (NYSE:WIT)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
6/7/2016$0.027/7/20167/11/20167/11/2016
1/20/2016$0.071/25/20161/27/20161/27/2016
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading History for Wipro Limited (NYSE:WIT)
No insider trades for this company have been tracked by MarketBeat.com

Headlines

Latest Headlines for Wipro Limited (NYSE:WIT)
DateHeadline
fidaily.com logoWipro Limited Common Stock (WIT) Sees New 52-Week Low - Finance Daily (NYSE:WIT)
www.fidaily.com - August 25 at 8:31 PM
fidaily.com logoWipro Limited Common Stock (WIT) Hits New 52-Week Low - Finance Daily (NYSE:WIT)
www.fidaily.com - August 25 at 6:26 AM
News IconWipro Ltd. (NYSE:WIT) from Information Technology Services – Todays Top Gains (NYSE:WIT)
twincountynews.com - August 24 at 8:01 PM
News IconCrowd Sentiment & Wall Street Views on Wipro Limited (NYSE:WIT)? - Post News (NYSE:WIT)
www.kentuckypostnews.com - August 22 at 6:34 AM
investornewswire.com logoAnalysts See Sales Of $9452.04 For Wipro Limited (NYSE:WIT) - Investor Newswire (NYSE:WIT)
www.investornewswire.com - August 21 at 6:29 AM
News IconInformation Technology Services: Wipro Ltd. (NYSE:WIT) Position of the day (NYSE:WIT)
twincountynews.com - August 19 at 8:03 PM
News IconCIOReview Recognizes Wipro EcoEnergy among '100 Most Promising Big Data Solution Providers 2016' (NYSE:WIT)
www.equitybulls.com - August 19 at 11:13 AM
4-traders.com logoWipro : CIOReview Recognizes Wipro EcoEnergy among '100 Most Promising Big Data Solution Providers 2016' (NYSE:WIT)
www.4-traders.com - August 19 at 11:13 AM
forbes.com logoOversold Conditions For Wipro (WIT) (NYSE:WIT)
www.forbes.com - August 18 at 8:29 PM
capitalcube.com logoETF’s with exposure to Wipro Ltd. : August 18, 2016 (NYSE:WIT)
www.capitalcube.com - August 18 at 8:29 PM
4-traders.com logoWipro : CIOReview Recognizes Wipro EcoEnergy among ‘100 Most Promising Big Data Solution Providers 2016’ (NYSE:WIT)
www.4-traders.com - August 18 at 11:25 AM
News IconWipro's Managed File Transfer as a Service Platform Enables Advanced Digital Integration on Microsoft Azure (NYSE:WIT)
www.equitybulls.com - August 17 at 11:12 AM
4-traders.com logoWipro : CIOReview Recognizes Wipro EcoEnergy among `100 Most Promising Big Data Solution Providers 2016' (NYSE:WIT)
www.4-traders.com - August 17 at 11:12 AM
News IconTop Gainers of the Day: Wipro Ltd. (NYSE:WIT) from Information Technology Services (NYSE:WIT)
twincountynews.com - August 17 at 11:12 AM
finance.yahoo.com logoCIOReview Recognizes Wipro EcoEnergy among ‘100 Most Promising Big Data Solution Providers 2016’ (NYSE:WIT)
au.finance.yahoo.com - August 17 at 11:12 AM
publicnow.com logoWipro’s Managed File Transfer as a Service (MFTaaS) Platform Enables Advanced Digital Integration on Microsoft Azure (NYSE:WIT)
www.publicnow.com - August 16 at 11:38 AM
finance.yahoo.com logoWipro (WIT): Moving Average Crossover Alert (NYSE:WIT)
finance.yahoo.com - August 15 at 10:18 AM
investornewswire.com logoWipro Limited (NYSE:WIT) Records An Estimated Annual Sales Mean Of $9452.04 - Investor Newswire (NYSE:WIT)
www.investornewswire.com - August 13 at 7:44 PM
News IconToday's Top Gainers in the Market Wipro Ltd. (NYSE:WIT) from ... - The Daily Leicester (NYSE:WIT)
thedailyleicester.com - August 13 at 7:44 PM
News IconWipro Wins the 'CIO 100' 2016 Award for its Digital Platform, myWipro (NYSE:WIT)
www.forwardgeek.com - August 11 at 11:44 AM
News IconPravin Suryawanshi (NYSE:WIT)
www.linkedin.com - August 10 at 8:59 PM
marketrealist.com logoFood Prices Are a Concern for India: Is Better News in Store? (NYSE:WIT)
marketrealist.com - August 10 at 11:32 AM
finance.yahoo.com logoWipro downgraded by HSBC Securities (NYSE:WIT)
finance.yahoo.com - August 9 at 8:37 PM
News IconIs Wipro Ltd. (NYSE:WIT), a large market cap stock a smart buy? (NYSE:WIT)
twincountynews.com - August 8 at 8:29 PM
capitalcube.com logoETF’s with exposure to Wipro Ltd. : August 8, 2016 (NYSE:WIT)
www.capitalcube.com - August 8 at 8:29 PM
investornewswire.com logoWipro Limited (NYSE:WIT) Yearly Sales Target At $9452.04 - Investor Newswire (NYSE:WIT)
www.investornewswire.com - August 6 at 8:06 PM
News IconLeading stocks in today’s market: Wipro Ltd. (NYSE:WIT) (NYSE:WIT)
twincountynews.com - August 5 at 8:29 PM
News IconUpdate on Wipro Ltd. (NYSE:WIT) for the day (NYSE:WIT)
twincountynews.com - August 5 at 11:22 AM
capitalcube.com logoWipro Ltd. :WIT-US: Earnings Analysis: Q1, 2017 By the Numbers : August 3, 2016 (NYSE:WIT)
www.capitalcube.com - August 3 at 8:40 PM
finance.yahoo.com logoWipro disagrees with CAG on undue favour by UIDAI (NYSE:WIT)
in.finance.yahoo.com - August 3 at 11:37 AM
News IconIs Wipro Ltd.(NYSE: WIT), a large market cap stock a smart buy ... - The Daily Leicester (NYSE:WIT)
thedailyleicester.com - August 2 at 6:43 AM
publicnow.com logoWipro Partners with South Africa’s Industrial Development Corporation to Create Technology Access for Rural School Learners (NYSE:WIT)
www.publicnow.com - August 2 at 6:43 AM
finance.yahoo.com logoWipro arm buys Israeli aerospace firm (NYSE:WIT)
in.finance.yahoo.com - August 1 at 8:00 PM
News IconTop Gainers of the Day: Wipro Ltd. (NYSE:WIT) from Information Technology Services - Twin County News (NYSE:WIT)
twincountynews.com - July 30 at 7:24 PM
investornewswire.com logoExpected For Wipro Limited (NYSE:WIT) Sales Of $9452.04 - Investor Newswire (NYSE:WIT)
www.investornewswire.com - July 30 at 7:24 PM
News IconIs Wipro Ltd. (NYSE:WIT), a large market cap stock a smart buy? - Twin County News (NYSE:WIT)
twincountynews.com - July 30 at 10:57 AM
4-traders.com logoWipro : partners with SA's Industrial Development Corporation to create technology access for ... (NYSE:WIT)
www.4-traders.com - July 29 at 11:20 AM
News IconWipro Ltd. (NYSE:WIT) – Top Stock from Technology Sector - The Daily Leicester (NYSE:WIT)
thedailyleicester.com - July 28 at 8:44 PM
marketrealist.com logoAnalyzing Teradata’s Value Proposition in the IT Consulting Space (NYSE:WIT)
marketrealist.com - July 28 at 11:07 AM
tradecalls.org logoRevenue Update on Wipro Limited (ADR)(NYSE:WIT) - Trade Calls (NYSE:WIT)
www.tradecalls.org - July 26 at 8:49 PM
finance.yahoo.com logoChelsea Football Club, Wipro Digital hold Digital Inspiration Camp for Boys and Girls Clubs (NYSE:WIT)
finance.yahoo.com - July 26 at 12:31 PM
finance.yahoo.com logoNasscom ranks TCS top employer in IT industry (NYSE:WIT)
in.finance.yahoo.com - July 25 at 4:16 AM
investornewswire.com logoWipro Limited (NYSE:WIT) Expected To Post Sales Of $9452.04 - Investor Newswire (NYSE:WIT)
www.investornewswire.com - July 24 at 6:23 AM
msn.com logoWipro's (WIT) CEO Abidali Neemuchwala on Q1 2017 Results - Earnings Call Transcript (NYSE:WIT)
www.msn.com - July 21 at 11:06 AM
forbes.com logoRSI Alert: Wipro (WIT) Now Oversold (NYSE:WIT)
www.forbes.com - July 21 at 11:06 AM
businesswire.com logoGreater Toronto Airports Authority Awards Futuristic IT and Business Transformation Contract to Wipro (NYSE:WIT)
www.businesswire.com - July 21 at 11:06 AM
News IconHow has Wipro Ltd.:(NYSE:WIT) performed recently? - The Daily Leicester (NYSE:WIT)
thedailyleicester.com - July 20 at 11:08 AM
News IconEarnings Buzzers: Wipro Limited (ADR) (NYSE:WIT) - Post Registrar (NYSE:WIT)
postregistrar.com - July 20 at 11:08 AM
forbes.com logoRSI Alert: Wipro (WIT) Now Oversold - Forbes (NYSE:WIT)
www.forbes.com - July 19 at 8:27 PM
News IconStock Check-In at the Close: Wipro Ltd. (NYSE:WIT) - TGP (NYSE:WIT)
telanaganapress.com - July 19 at 8:27 PM

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Wipro Limited (NYSE:WIT) Chart for Friday, August, 26, 2016


Last Updated on 8/26/2016 by MarketBeat.com Staff