NYSE:WITWipro Stock Price, Forecast & News

Wipro's stock was trading at $3.14 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization (WHO). Since then, WIT shares have increased by 5.1% and is now trading at $3.30. View which stocks have been most impacted by Coronavirus.

5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Wipro in the last year. There are currently 3 sell ratings and 2 hold ratings for the stock, resulting in a consensus recommendation of "Sell." View analyst ratings for Wipro.

Wipro is scheduled to release its next quarterly earnings announcement on Wednesday, July 15th 2020. View our earnings forecast for Wipro.

Wipro Limited (NYSE:WIT) released its earnings results on Wednesday, April, 15th. The information technology services provider reported $0.05 earnings per share (EPS) for the quarter, missing the Thomson Reuters' consensus estimate of $0.06 by $0.01. The information technology services provider had revenue of $2.08 billion for the quarter, compared to analysts' expectations of $2.18 billion. Wipro had a net margin of 15.95% and a return on equity of 17.57%. View Wipro's earnings history.

Wipro announced an annual dividend on Tuesday, January 14th. Investors of record on Monday, January 27th will be given a dividend of $0.014 per share on Monday, January 1st. The ex-dividend date of this dividend is Friday, January 24th. View Wipro's dividend history.

Wipro shares split on 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 market closes 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.

5 brokers have issued 1-year price objectives for Wipro's shares. Their forecasts range from $3.46 to $3.46. On average, they anticipate Wipro's stock price to reach $3.46 in the next year. This suggests a possible upside of 4.8% from the stock's current price. View analysts' price targets for Wipro.

News articles about WIT stock have trended neutral on Friday, InfoTrie Sentiment reports. InfoTrie identifies positive and negative news coverage by monitoring more than six thousand news and blog sources in real time. The firm ranks coverage of companies on a scale of negative five to five, with scores closest to five being the most favorable. Wipro earned a media sentiment score of 0.5 on InfoTrie's scale. They also gave news articles about the information technology services provider a news buzz of 0.0 out of 10, meaning that recent news coverage is extremely unlikely to have an effect on the company's share price in the near future. View the latest news about Wipro.

Some companies that are related to Wipro include Infosys (INFY), Cognizant Technology Solutions (CTSH), Verisign (VRSN), NTT DATA CORP/ADR (NTDTY), Zscaler (ZS), EPAM Systems (EPAM), Obic (OBIIF), Amdocs (DOX), Aspen Technology (AZPN), GEMALTO NV/S (GTOMY), Endava (DAVA), PROS (PRO), Sogou (SOGO), Glu Mobile (GLUU) and Formula Systems (1985) (FORTY). View all competitors.

Based on aggregate information from My MarketBeat watchlists, some companies that other Wipro investors own include Infosys (INFY), Alibaba Group (BABA), HDFC Bank (HDB), Walt Disney (DIS), Home Depot (HD), Verizon Communications (VZ), Cisco Systems (CSCO), AT&T (T), Tata Motors (TTM) and NVIDIA (NVDA).

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

Wipro's stock is owned by many different institutional and retail investors. Top institutional shareholders include Envestnet Asset Management Inc. (0.00%).

WIT stock was purchased by a variety of institutional investors in the last quarter, including Envestnet Asset Management Inc..

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.

One share of WIT stock can currently be purchased for approximately $3.30.

Wipro has a market capitalization of $18.78 billion and generates $8.09 billion in revenue each year. The information technology services provider earns $1.29 billion in net income (profit) each year or $0.22 on an earnings per share basis. Wipro employs 175,000 workers across the globe.

The official website for Wipro is www.wipro.com.

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]