NYSE:WIT - Wipro Stock Price, Price Target & More Sign in or create an account to add this stock to your watchlist. Get Started $5.14 -0.01 (-0.19 %) (As of 07/18/2018 10:25 AM ET)Previous Close$5.14Today's Range$5.13 - $5.1652-Week Range$4.50 - $6.40Volume7,469 shsAverage Volume1.10 million shsMarket Capitalization$22.77 billionP/E Ratio19.77Dividend Yield0.61%Beta0.69 Company ProfileFinancialsAnalyst RatingsDividend HistoryEarnings HistoryHeadlinesOptions ChainSEC FilingsSocial MediaChart Share on FacebookShare on TwitterShare on LinkedInShare on RedditShare on StocktwitsPrint this articleShare by Email Wipro Limited operates as an information technology (IT), consulting, and business process services company worldwide. The company's IT Services segment 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, infrastructure services, analytics services, business process services, research and development, and hardware and software design services to enterprises. This segment serves customers in various industry verticals comprising banking, financial services, and insurance; healthcare and life sciences; consumer business units; energy, natural resources, and utilities; manufacturing and technology; and communications. Its IT Products segment distributes third-party IT products comprising enterprise platforms, networking solutions, software products, data storage, contact center infrastructure, enterprise security, IT optimization technologies, video solutions, and end-user computing solutions. This segment sells its products through direct sales force to enterprises in various industries, including government, defense, IT and IT-enabled services, telecommunications, manufacturing, utilities, education, and financial services. The company also operates crowdsourcing marketplace, which connects various designers, developers, and data scientists with customers via online computer programming competitions hosted on its platform. Wipro Limited has a collaboration with Red Hat, Inc. to set up a cloud application factory that offers developers and IT teams a methodology for application modernization across public, private, and hybrid clouds. The company was founded in 1945 and is headquartered in Bengaluru, India. Receive WIT News and Ratings via Email Sign-up to receive the latest news and ratings for WIT and its competitors with MarketBeat's FREE daily newsletter. Industry, Sector and Symbol Stock Exchange NYSE Industry Custom computer programming services Sub-IndustryN/A SectorComputer and Technology SymbolNYSE:WIT CUSIPN/A Webwww.wipro.com Phone91-80-4672-6603 Debt Debt-to-Equity Ratio0.09 Current Ratio2.37 Quick Ratio2.35 Price-To-Earnings Trailing P/E Ratio19.77 Forward P/E Ratio18.36 P/E Growth2.53 Sales & Book Value Annual Sales$8.37 billion Price / Sales2.76 Cash Flow$0.3509 per share Price / Cash14.65 Book Value$1.66 per share Price / Book3.10 Profitability EPS (Most Recent Fiscal Year)$0.26 Net Income$1.23 billion Net Margins14.68% Return on Equity15.49% Return on Assets10.08% Miscellaneous Employees160,000 Outstanding Shares4,499,160,000Market Cap$22,765.75 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." How often does Wipro pay dividends? What is the dividend yield for Wipro? Wipro declared a dividend on Friday, January 19th. Shareholders of record on Thursday, February 1st will be paid a dividend of $0.016 per share on Thursday, February 1st. The ex-dividend date of this dividend is Wednesday, January 31st. This is a positive change from Wipro's previous dividend of $0.01. View Wipro's Dividend History. When did Wipro's stock split? How did Wipro's stock split work? Wipro shares split on Friday, June 9th 2017. The 2-1 split was announced on Monday, June 12th 2017. The newly minted shares were issued 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 will Wipro's stock buyback program work? Wipro announced that its board has approved a share buyback program on Friday, July 21st 2017, which permits the company to repurchase $1,700,000,000.00 in shares, according to EventVestor. This repurchase authorization permits the company to purchase up to 6.1% of its shares through a tender offer. Shares repurchase programs are generally an indication that the company's board of directors believes its stock is undervalued. How were Wipro's earnings last quarter? Wipro Limited (NYSE:WIT) released its quarterly earnings data on Wednesday, April, 25th. The information technology services provider reported $0.06 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.07 by $0.01. The information technology services provider earned $2.12 billion during the quarter, compared to analyst estimates of $2.18 billion. Wipro had a net margin of 14.68% and a return on equity of 15.49%. View Wipro's Earnings History. When is Wipro's next earnings date? Wipro is scheduled to release their next quarterly earnings announcement on Friday, July, 20th 2018. View Earnings Estimates for Wipro. What price target have analysts set for WIT? 8 analysts have issued 12 month target prices for Wipro's shares. Their forecasts range from $277.00 to $277.00. On average, they anticipate Wipro's stock price to reach $277.00 in the next year. This suggests a possible upside of 5,289.1% from the stock's current price. View Analyst Ratings for Wipro. What is the consensus analysts' recommendation for Wipro? 8 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Wipro in the last year. There are currently 4 sell ratings and 4 hold ratings for the stock, resulting in a consensus recommendation of "Hold." Who are some of Wipro's key competitors? Some companies that are related to Wipro include Cognizant Technology Solutions (CTSH), Infosys (INFY), NTT DATA Corp/ADR (NTDTY), Verisign (VRSN), Amdocs (DOX), Obic (OBIIF), EPAM Systems (EPAM), Aspen Technology (AZPN), GEMALTO NV/S (GTOMY), Zscaler (ZS), Sogou (SOGO), Syntel (SYNT), Callidus Software (CALD), Virtusa (VRTU) and Luxoft (LXFT). Who are Wipro's key executives? Wipro's management team includes the folowing people: Mr. Azim Hasham Premji, Founder, Exec. Chairman & MD (Age 73)Mr. Abidali Z. Neemuchwala M.Tech., CEO & Exec. Director (Age 51)Mr. Jatin Pravinchandra Dalal, CFO & Sr. VP (Age 43)Mr. Rishad Azim Hasham Premji, Chief Strategy Officer & Exec. Director (Age 41)Mr. B. M. Bhanumurthy, Pres & COO (Age 54) Has Wipro been receiving favorable news coverage? News articles about WIT stock have been trending somewhat positive this week, according to Accern Sentiment. The research group identifies negative and positive media coverage by reviewing more than 20 million blog and news sources in real-time. Accern ranks coverage of companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Wipro earned a coverage optimism score of 0.10 on Accern's scale. They also assigned news stories about the information technology services provider an impact score of 44.98 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the company's share price in the immediate future. Who are Wipro's major shareholders? Wipro's stock is owned by a number of of institutional and retail investors. Top institutional shareholders include Fisher Asset Management LLC (0.09%), Bank of Montreal Can (0.04%) and Hexavest Inc. (0.00%). View Institutional Ownership Trends for Wipro. Which major investors are selling Wipro stock? WIT stock was sold by a variety of institutional investors in the last quarter, including Fisher Asset Management LLC and Hexavest Inc.. View Insider Buying and Selling for Wipro. Which major investors are buying Wipro stock? WIT stock was acquired by a variety of institutional investors in the last quarter, including Bank of Montreal Can. View Insider Buying and Selling for Wipro. 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, Scottrade, Fidelity and Charles Schwab. What is Wipro's stock price today? One share of WIT stock can currently be purchased for approximately $5.14. How big of a company is Wipro? Wipro has a market capitalization of $22.77 billion and generates $8.37 billion in revenue each year. The information technology services provider earns $1.23 billion in net income (profit) each year or $0.26 on an earnings per share basis. Wipro employs 160,000 workers across the globe. 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 ()Outperform Votes: 194 (Vote Outperform)Underperform Votes: 358 (Vote Underperform)Total Votes: 552MarketBeat'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 7/18/2018 by MarketBeat.com StaffFeatured Article: What is a closed-end mutual fund (CEF)?