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: $9.75
  • 50 Day Moving Average: $10.36
  • 200 Day Moving Average: $11.65
  • 52-Week Range: $9.69 - $13.08
  • Trailing P/E Ratio: 18.51
  • Foreward P/E Ratio: 16.03
  • P/E Growth: 1.28
  • Market Cap: $24.14B
  • 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: 4 Sell Ratings, 2 Hold Ratings
Consensus Rating:Sell (Score: 1.33)
Consensus Price Target: $9.75 (0.31% downside)

Analysts' Ratings History for Wipro Limited (NYSE:WIT)
Show:
DateFirmActionRatingPrice TargetDetails
9/8/2016WedbushInitiated CoverageUnderperform$8.50View Rating Details
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 9/28/2014 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:0.31%
Dividend Growth:19.20% (3 Year Average)
Payout Ratio:5.45% (Based on Current Year Consensus EPS Estimate)
4.92% (Based on Next Year Consensus EPS Estimate)

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
publicnow.com logoWipro, First Book Bring 6,000 New Books to Local Elementary Schools in Support of City-wide Initiative to Create Brand New Libraries in K-5 Classrooms Serving Kids in Need (NYSE:WIT)
www.publicnow.com - September 28 at 6:34 AM
News IconToday's Top Gainers in the Market Wipro Ltd. (NYSE:WIT) from ... - The Daily Leicester (NYSE:WIT)
thedailyleicester.com - September 27 at 8:00 PM
News IconWipro Ltd. (NYSE:WIT) Upcoming Earnings: What matter for ... - The Voice Registrar (NYSE:WIT)
voiceregistrar.com - September 26 at 8:05 PM
News IconStock Update: Estimates & Target in Focus for Wipro Limited (NYSE:WIT) - Frisco Fastball (NYSE:WIT)
friscofastball.com - September 26 at 7:40 AM
stocksdaily.net logoWipro Limited (NYSE:WIT) Makes Public Its Dividend Alert Of $0.015 - Stocks Daily (NYSE:WIT)
www.stocksdaily.net - September 26 at 7:40 AM
publicnow.com logo‘Spirit of Wipro’ Run 2016 Saw Over 83,000 Participants Globally (NYSE:WIT)
www.publicnow.com - September 26 at 7:40 AM
News Icon'Spirit of Wipro' Run 2016 Saw Over 83,000 Participants Globally (NYSE:WIT)
www.equitybulls.com - September 25 at 6:54 PM
investornewswire.com logoWipro Limited (NYSE:WIT)'s Expectation Of $9452.04 In Sales - Investor Newswire (NYSE:WIT)
www.investornewswire.com - September 25 at 6:28 AM
4-traders.com logoWipro : Todays Top Gainers in the Market Wipro Ltd. from Technology (NYSE:WIT)
www.4-traders.com - September 23 at 7:25 PM
News IconLooking Ahead for Wipro Limited (NYSE:WIT); Are These Shares Ready to Go Higher? - Frisco Fastball (NYSE:WIT)
friscofastball.com - September 23 at 6:30 AM
finance.yahoo.com logoWipro consumer arm buys Chinese personal care firm (NYSE:WIT)
in.finance.yahoo.com - September 22 at 7:42 PM
News IconWipro Positioned in HfS Blueprint Report's 'Winners Circle' for Mortgage Services (NYSE:WIT)
www.equitybulls.com - September 21 at 7:37 PM
News IconWipro Joins Oracle Cloud Managed Service Provider Program (NYSE:WIT)
www.equitybulls.com - September 21 at 11:56 AM
finance.yahoo.com logoWipro and Witbe Enter into Global Partnership to Offer End-To-End Test Automation and Services Monitoring Deployment Solutions (NYSE:WIT)
au.finance.yahoo.com - September 21 at 11:56 AM
4-traders.com logoWipro : Partners with Reltio for Next Generation Master Data Management and Data-Driven Applications (NYSE:WIT)
www.4-traders.com - September 19 at 7:58 PM
News IconHigh Market Cap Stock of the Day – Wipro Ltd. (NYSE:WIT) (NYSE:WIT)
twincountynews.com - September 19 at 7:58 PM
investornewswire.com logoExpected For Wipro Limited (NYSE:WIT) Sales Of $9452.04 - Investor Newswire (NYSE:WIT)
www.investornewswire.com - September 18 at 6:31 AM
News IconWipro Receives Best IT Consultancy in Healthcare & Life Sciences, & Product Innovation Award 2016 from Global Health & Pharma (NYSE:WIT)
www.pressreleasepoint.com - September 16 at 11:45 AM
News IconFirst Book and Wipro Bring 50,000 New Books to Kids in Need (NYSE:WIT)
www.broadwayworld.com - September 16 at 11:45 AM
publicnow.com logoWipro Positioned in HfS Blueprint Report’s ‘Winners Circle’ for Mortgage Services (NYSE:WIT)
www.publicnow.com - September 16 at 11:45 AM
investornewswire.com logoWipro Limited (NYSE:WIT) Score Set At 3.5 - Investor Newswire (NYSE:WIT)
www.investornewswire.com - September 15 at 8:14 PM
News IconWipro Ltd. (NYSE:WIT) from Information Technology Services – Todays Top Gains - Twin County News (NYSE:WIT)
twincountynews.com - September 15 at 11:53 AM
publicnow.com logoWipro Cited as a Leader in Worldwide Life Sciences Sales and Marketing Digital Transformation by International Data Corporation (NYSE:WIT)
www.publicnow.com - September 14 at 12:30 PM
blogs.barrons.com logoIndia Water Violence Hits Tech Hub, Wipro & Infosys (NYSE:WIT)
blogs.barrons.com - September 14 at 12:30 PM
finance.yahoo.com logoVectra Networks Takes On Backdoors in Data Center Firewalls Planted by Advanced Adversaries (NYSE:WIT)
finance.yahoo.com - September 13 at 6:36 AM
finance.yahoo.com logoIndia's tech capital, companies shut down after violent protests (NYSE:WIT)
finance.yahoo.com - September 13 at 6:36 AM
publicnow.com logoWipro Partners with IntSights to deliver ‘Threat Intelligence as a Service’ (NYSE:WIT)
www.publicnow.com - September 12 at 7:34 PM
News IconWipro Limited (NYSE: WIT) stock reiterated at Wedbush - BNB Daily (blog) (NYSE:WIT)
www.baseball-news-blog.com - September 10 at 7:06 PM
News IconThe Sell-side Consensus is in on Wipro Limited (NYSE:WIT); Earnings & Target Updates - National Daily Press (NYSE:WIT)
www.nationaldailypress.com - September 10 at 6:30 AM
News IconLarge Cap Information Technology Services: Wipro Ltd. (NYSE:WIT) - Twin County News (NYSE:WIT)
twincountynews.com - September 8 at 12:01 PM
News IconWipro Limited (NYSE: WIT) Upgraded to Hold - BNB Daily (blog) (NYSE:WIT)
www.baseball-news-blog.com - September 8 at 12:01 PM
News IconWipro awarded three-year strategic IT contract by Norway's NSB (NYSE:WIT)
www.newkerala.com - September 7 at 12:00 PM
finance.yahoo.com logoWipro Awarded 3-Year Strategic IT Contract by Norway’s Largest Railway Company - NSB (NYSE:WIT)
au.finance.yahoo.com - September 7 at 12:00 PM
News IconWipro Ltd. (NYSE:WIT) – Top Stock from Technology Sector – The ... - The Daily Leicester (NYSE:WIT)
thedailyleicester.com - September 5 at 7:00 PM
investornewswire.com logoWipro Limited (NYSE:WIT) Expects To Hit Sales Of $9452.04 - Investor Newswire (NYSE:WIT)
www.investornewswire.com - September 3 at 7:03 PM
huffingtonpost.com logoWipro CMO: Winning At The Intersection of Business And Technology (NYSE:WIT)
www.huffingtonpost.com - September 1 at 11:27 AM
capitalcube.com logoETF’s with exposure to Wipro Ltd. : August 31, 2016 (NYSE:WIT)
www.capitalcube.com - September 1 at 11:27 AM
News IconCrowd Perspectives & Analyst Views on Wipro Limited (NYSE:WIT)? - Post News (NYSE:WIT)
www.kentuckypostnews.com - August 30 at 7:58 PM
streetinsider.com logoWipro (WIT), Stibo Systems Enter Partnership Covering Master Data Management Solutions (NYSE:WIT)
www.streetinsider.com - August 29 at 8:10 PM
finance.yahoo.com logoWipro and Stibo Systems Partner for Master Data Management Solutions (NYSE:WIT)
au.finance.yahoo.com - August 29 at 8:10 PM
stocksdaily.net logoWipro Limited (NYSE:WIT) Announces Dividend Payout Of $0.015 Per Share - Stocks Daily (NYSE:WIT)
www.stocksdaily.net - August 28 at 7:08 PM
investornewswire.com logoWipro Limited (NYSE:WIT) Reports Sales Of $2014, Surprising Estimates By -0.543% - Investor Newswire (NYSE:WIT)
www.investornewswire.com - August 28 at 6:16 AM
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

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Wipro Limited (NYSE:WIT) Chart for Wednesday, September, 28, 2016


Last Updated on 9/28/2016 by MarketBeat.com Staff