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NYSE:WIT - Wipro Stock Price, Forecast & News

$3.71
+0.03 (+0.82 %)
(As of 12/13/2019 04:00 PM ET)
Today's Range
$3.69
Now: $3.71
$3.74
50-Day Range
$3.61
MA: $3.79
$3.99
52-Week Range
$3.51
Now: $3.71
$4.63
Volume1.40 million shs
Average Volume1.01 million shs
Market Capitalization$22.30 billion
P/E Ratio16.86
Dividend Yield0.29%
Beta0.46
Wipro Limited operates as an information technology (IT), consulting, and business process services (BPS) company worldwide. The company's IT Services segment offers a range of IT and IT-enabled services, including digital strategy advisory, customer centric design, technology consulting, IT consulting, custom application design, development, re-engineering and maintenance, systems integration, package implementation, infrastructure services, analytics services, BPS, research and development services, and hardware and software design services to various enterprises. Read More…

Industry, Sector and Symbol

Industry Custom computer programming services
Sub-IndustryN/A
SectorComputer and Technology
CUSIPN/A
Phone91-80-4672-6603

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$8.47 billion
Cash Flow$0.27 per share
Book Value$1.37 per share

Profitability

Net Income$1.30 billion

Miscellaneous

Employees170,000
Outstanding Shares6,009,570,000
Market Cap$22.30 billion
Next Earnings Date1/17/2020 (Estimated)
OptionableOptionable

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Wipro (NYSE:WIT) Frequently Asked Questions

What is Wipro's stock symbol?

Wipro trades on the New York Stock Exchange (NYSE) under the ticker symbol "WIT."

When did Wipro's stock split? How did Wipro's stock split work?

Wipro shares split on the morning of Friday, June 9th 2017. The 2-1 split was announced on Monday, June 12th 2017. The newly created shares were payable to shareholders after the closing bell on Tuesday, April 25th 2017. An investor that had 100 shares of Wipro stock prior to the split would have 200 shares after the split.

How were Wipro's earnings last quarter?

Wipro Limited (NYSE:WIT) posted its quarterly earnings data on Tuesday, October, 15th. The information technology services provider reported $0.06 EPS for the quarter, hitting the Zacks' consensus estimate of $0.06. The information technology services provider earned $2.14 billion during the quarter, compared to analysts' expectations of $2.15 billion. Wipro had a return on equity of 17.79% and a net margin of 16.58%. View Wipro's Earnings History.

When is Wipro's next earnings date?

Wipro is scheduled to release their next quarterly earnings announcement on Friday, January 17th 2020. View Earnings Estimates for Wipro.

What price target have analysts set for WIT?

6 brokerages have issued twelve-month price objectives for Wipro's shares. Their forecasts range from $3.46 to $5.78. On average, they expect Wipro's share price to reach $4.33 in the next twelve months. This suggests a possible upside of 16.7% from the stock's current price. View Analyst Price Targets for Wipro.

What is the consensus analysts' recommendation for Wipro?

6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Wipro in the last year. There are currently 3 sell ratings and 3 hold ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Wipro.

Has Wipro been receiving favorable news coverage?

News stories about WIT stock have trended somewhat positive recently, InfoTrie reports. InfoTrie identifies positive and negative media coverage by analyzing more than six thousand blog and news sources. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores closest to five being the most favorable. Wipro earned a coverage optimism score of 1.8 on InfoTrie's scale. They also assigned media stories about the information technology services provider a news buzz of 0.0 out of 10, indicating that recent media coverage is extremely unlikely to have an impact on the company's share price in the next several days. View News Stories for Wipro.

Are investors shorting Wipro?

Wipro saw a decrease in short interest in November. As of November 29th, there was short interest totalling 13,860,000 shares, a decrease of 5.1% from the November 14th total of 14,610,000 shares. Based on an average daily trading volume, of 1,250,000 shares, the short-interest ratio is presently 11.1 days. Approximately 0.2% of the shares of the company are sold short. View Wipro's Current Options Chain.

Who are some of Wipro's key competitors?

What other stocks do shareholders of Wipro own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Wipro investors own include Infosys (INFY), HDFC Bank (HDB), Tata Motors (TTM), Dr.Reddy's Laboratories (RDY), Intel (INTC), Abbott Laboratories (ABT), Oracle (ORCL), Illumina (ILMN), Netflix (NFLX) and Nokia Oyj (NOK).

Who are Wipro's key executives?

Wipro's management team includes the folowing people:
  • Mr. Azim Hasham Premji, Founder, Exec. Chairman & MD (Age 74)
  • Mr. Abidali Z. Neemuchwala, CEO & Exec. Director (Age 52)
  • Mr. B. M. Bhanumurthy, Pres & COO (Age 55)
  • Mr. Saurabh Govil, Pres & Chief HR Officer (Age 51)
  • Mr. Jatin Pravinchandra Dalal, Chief Financial Officer (Age 44)

Who are Wipro's major shareholders?

Wipro's stock is owned by many different of retail and institutional investors. Top institutional shareholders include Segantii Capital Management Ltd (0.11%), State Street Corp (0.09%), Fisher Asset Management LLC (0.08%), Parametric Portfolio Associates LLC (0.07%), Sumitomo Mitsui Trust Holdings Inc. (0.04%) and First Trust Advisors LP (0.03%).

Which institutional investors are selling Wipro stock?

WIT stock was sold by a variety of institutional investors in the last quarter, including Segantii Capital Management Ltd, Fisher Asset Management LLC, State Street Corp, Parametric Portfolio Associates LLC, Zurcher Kantonalbank Zurich Cantonalbank, Barclays PLC, Signaturefd LLC and Wetherby Asset Management Inc..

Which institutional investors are buying Wipro stock?

WIT stock was purchased by a variety of institutional investors in the last quarter, including Sumitomo Mitsui Trust Holdings Inc., Millennium Management LLC, Adalta Capital Management LLC, Alps Advisors Inc. and Envestnet Asset Management Inc..

How do I buy shares of Wipro?

Shares of WIT can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity and Charles Schwab.

What is Wipro's stock price today?

One share of WIT stock can currently be purchased for approximately $3.71.

How big of a company is Wipro?

Wipro has a market capitalization of $22.30 billion and generates $8.47 billion in revenue each year. The information technology services provider earns $1.30 billion in net income (profit) each year or $0.22 on an earnings per share basis. Wipro employs 170,000 workers across the globe.View Additional Information About Wipro.

What is Wipro's official website?

The official website for Wipro is http://www.wipro.com/.

How can I contact Wipro?

Wipro's mailing address is DODDAKANAHALLI VILLAG VARTHUR HOBLI SARJAPUR RD, BANGALORE K7, 560035. The information technology services provider can be reached via phone at 91-80-4672-6603 or via email at [email protected]


MarketBeat Community Rating for Wipro (NYSE WIT)

Community Ranking:  1.8 out of 5 (star)
Outperform Votes:  283 (Vote Outperform)
Underperform Votes:  501 (Vote Underperform)
Total Votes:  784
MarketBeat's community ratings are surveys of what our community members think about Wipro and other stocks. Vote "Outperform" if you believe WIT will outperform the S&P 500 over the long term. Vote "Underperform" if you believe WIT will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 12/14/2019 by MarketBeat.com Staff

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