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Wipro Stock Price, News & Analysis (NYSE:WIT)

$3.66
+0.03 (+0.83 %)
(As of 10/13/2019 04:00 PM ET)
Today's Range
$3.66
Now: $3.66
$3.70
50-Day Range
$3.54
MA: $3.69
$3.82
52-Week Range
$3.51
Now: $3.66
$4.63
Volume714,642 shs
Average Volume1.25 million shs
Market Capitalization$22.00 billion
P/E Ratio16.64
Dividend Yield0.29%
Beta0.5
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$22.00 billion
Next Earnings Date10/15/2019 (Confirmed)
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's stock split before market open on Friday, June 9th 2017. The 2-1 split was announced on Monday, June 12th 2017. The newly issued 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.

How were Wipro's earnings last quarter?

Wipro Limited (NYSE:WIT) issued its quarterly earnings data on Wednesday, July, 17th. The information technology services provider reported $0.06 EPS for the quarter, meeting analysts' consensus estimates of $0.06. The information technology services provider earned $139.80 million during the quarter, compared to the consensus estimate of $147.23 billion. Wipro had a return on equity of 16.57% and a net margin of 15.65%. Wipro's quarterly revenue was down 5.0% on a year-over-year basis. View Wipro's Earnings History.

When is Wipro's next earnings date?

Wipro is scheduled to release their next quarterly earnings announcement on Tuesday, October 15th 2019. View Earnings Estimates for Wipro.

How can I listen to Wipro's earnings call?

Wipro will be holding an earnings conference call on Tuesday, October 15th at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

What price target have analysts set for WIT?

6 brokerages have issued 12-month target prices for Wipro's shares. Their predictions 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 18.3% 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 articles about WIT stock have been trending negative recently, InfoTrie Sentiment reports. InfoTrie identifies negative and positive press coverage by reviewing more than six thousand blog and news sources in real-time. The firm ranks coverage of public companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Wipro earned a coverage optimism score of -2.6 on InfoTrie's scale. They also assigned media stories about the information technology services provider a news buzz of 10.0 out of 10, meaning that recent press coverage is extremely likely to have an effect on the company's share price in the next several days. View News Stories for Wipro.

Are investors shorting Wipro?

Wipro saw a decline in short interest in the month of September. As of September 30th, there was short interest totalling 15,750,000 shares, a decline of 11.3% from the August 30th total of 17,760,000 shares. Based on an average trading volume of 1,300,000 shares, the days-to-cover ratio is presently 12.1 days. Currently, 0.3% of the company's shares 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), Tata Motors (TTM), HDFC Bank (HDB), Dr.Reddy's Laboratories (RDY), Abbott Laboratories (ABT), Intel (INTC), Roku (ROKU), Oracle (ORCL), Illumina (ILMN) and Micron Technology (MU).

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)

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 $3.66.

How big of a company is Wipro?

Wipro has a market capitalization of $22.00 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:  278 (Vote Outperform)
Underperform Votes:  480 (Vote Underperform)
Total Votes:  758
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 10/13/2019 by MarketBeat.com Staff

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