Should I buy or sell Wipro stock right now?

4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Wipro in the last twelve months. There are currently 4 sell ratings for the stock. The consensus among Wall Street analysts is that investors should "strong sell" WIT shares. View WIT analyst ratings or view top-rated stocks .

What is Wipro's stock price target for 2024?

4 Wall Street research analysts have issued 12-month price objectives for Wipro's shares. Their WIT share price targets range from $4.30 to $6.00. On average, they anticipate the company's stock price to reach $5.05 in the next year. This suggests that the stock has a possible downside of 3.9%. View analysts price targets for WIT or view top-rated stocks among Wall Street analysts .

How have WIT shares performed in 2024?

Wipro's stock was trading at $5.57 on January 1st, 2024. Since then, WIT shares have decreased by 5.7% and is now trading at $5.2550. View the best growth stocks for 2024 here .

Are investors shorting Wipro?

Wipro saw a increase in short interest in the month of March. As of March 31st, there was short interest totaling 15,800,000 shares, an increase of 22.6% from the March 15th total of 12,890,000 shares. Based on an average daily volume of 2,670,000 shares, the days-to-cover ratio is currently 5.9 days. Approximately 0.3% of the company's shares are short sold. View Wipro's Short Interest .

When is Wipro's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Friday, April 19th 2024. View our WIT earnings forecast .

How can I listen to Wipro's earnings call?

Wipro will be holding an earnings conference call on Friday, April 19th at 9:30 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at 833-289-8317 with passcode "947765".

How were Wipro's earnings last quarter?

Wipro Limited (NYSE:WIT) released its earnings results on Wednesday, October, 18th. The information technology services provider reported $0.06 EPS for the quarter, missing analysts' consensus estimates of $0.07 by $0.01. The information technology services provider had revenue of $2.71 billion for the quarter, compared to analysts' expectations of $2.77 billion. Wipro had a net margin of 12.42% and a trailing twelve-month return on equity of 15.68%. During the same period in the prior year, the business earned $0.06 EPS.

Is Wipro a good dividend stock?

Wipro (NYSE:WIT) pays an annual dividend of $0.01 per share and currently has a dividend yield of 0.20%. The dividend payout ratio is 4.00%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, WIT will have a dividend payout ratio of 3.57% next year. This indicates that the company will be able to sustain or increase its dividend. Read our dividend analysis for WIT .

What ETFs hold Wipro's stock?

ETFs with the largest weight of Wipro (NYSE:WIT) stock in their portfolio include YieldMax Innovation Option Income Strategy ETF (OARK) , VanEck Digital India ETF (DGIN) , ALPS Emerging Sector Dividend Dogs ETF (EDOG) , First Trust BICK Index Fund (BICK) , OneAscent Emerging Markets ETF (OAEM) , Dimensional Global Sustainability Fixed Income ETF (DFSB) , Defiance Quantum ETF (QTUM) and First Trust Indxx NextG ETF (NXTG) .

When did Wipro's stock split?

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

What is Thierry Delaporte's approval rating as Wipro's CEO?

60 employees have rated Wipro Chief Executive Officer Thierry Delaporte on Glassdoor.com . Thierry Delaporte has an approval rating of 86% among the company's employees.

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) , Cisco Systems (CSCO) , RTX (RTX) , Abbott Laboratories (ABT) , Ford Motor (F) , Walt Disney (DIS) , Intel (INTC) , Tata Motors (TTM) , Alibaba Group (BABA) and General Electric (GE) .

Who are Wipro's major shareholders?

Wipro's stock is owned by many different retail and institutional investors. Top institutional shareholders include Ballentine Partners LLC (0.00%), DGS Capital Management LLC (0.00%), Janiczek Wealth Management LLC (0.00%), Cherrydale Wealth Management LLC (0.00%), Fulton Bank N.A. (0.00%) and GAMMA Investing LLC (0.00%).

How do I buy shares of Wipro?

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

Does Wipro have any subsidiaries?

The following companies are subsidiares of Wipro: 4C, ATCO I-Tek Inc., ATOM Solutions LLC, Ampion Holdings Pty Ltd, Appirio Inc., CAPCO (US) LLC, CapAfric Consulting (Pty) Ltd, Capco, Capco (Canada) GP ULC, Capco (UK) 1 Limited, Capco (US) GP LLC, Capco Austria GmbH, Capco Belgium BV, Capco Brasil Serviços E Consultoria Em Informática Ltda, Capco Consultancy (Malaysia) Sdn. Bhd, Capco Consultancy (Thailand) Ltd, Capco Consulting Services (Guangzhou) Company Limited, Capco Consulting Services LLC, Capco Consulting Singapore Pte. Ltd, Capco Greece Single Member P.C, Capco Poland sp. z.o.o, Capco RISC Consulting LLC, Cardinal Foreign Holdings 2 S.á.r.l, Cardinal Foreign Holdings S.á.r.l, Cardinal US Holdings Inc., Cellent GmbH, Citi Technology Services, CloudSocius DMCC, Convergence Acceleration Solutions LLC, Designit, Designit A/S, Designit Denmark A/S, Designit Germany GmbH, Designit North America Inc., Designit Oslo A/S, Designit Spain Digital S.L.U, Designit Sweden AB, Designit T.L.V Ltd., Designit Tokyo Ltd., Edgile LLC, Encore Theme Technologies, Encore Theme Technologies Private Limited, Eximius Design, Felelősségű Társaság, Global Oil and Gas Information Technology Services Business, Grove Holdings 2 S.á.r.l, HealthPlan Services, HealthPlan Services Inc., HealthPlan Services Insurance Agency LLC, ITI Proficiency Ltd, IVIA, InfoServer, Infocrossing LLC, International TechneGroup, International TechneGroup Incorporated, International TechneGroup Ltd., Korlátolt Felelősségű Társaság, LeanSwift AB, LeanSwift Solutions Inc., LeanSwift Solutions Inc., LeanSwift Solutions LLC, METRO SYSTEMS Romania, MechWorks s.r.l., Metronom, NEOS Holdings LLC, NEOS LLC, NEOS Software LLC, Opus Capital Markets Consultants, PT. WT Indonesia, Promax Application Group, Rainbow Software LLC, Rizing Intermediate Holdings Inc, The Capital Markets Company (UK) Ltd, The Capital Markets Company LLC, The Capital Markets Company Limited, The Capital Markets Company S.á.r.l, The Capital Markets Company s.r.o, Topcoder LLC., Viteos Group, Wipro (Dalian) Limited, Wipro (Thailand) Co. Limited, Wipro 4C Consulting France SAS, Wipro 4C Danmark ApS, Wipro 4C NV, Wipro 4C Nederland B.V., Wipro Appirio (Ireland) Limited, Wipro Appirio Inc., Wipro Appirio K.K, Wipro Appirio UK Limited, Wipro Arabia Co. Limited, Wipro Bahrain Limited Co. W.L.L, Wipro Business Solutions GmbH, Wipro Chengdu Limited, Wipro Designit Services Inc., Wipro Designit Services Limited, Wipro Do Brasil Sistemetas De Informatica Ltd, Wipro Doha LLC, Wipro Europe Limited, Wipro Financial Services UK Limited, Wipro Gallagher Solutions LLC, Wipro Gulf LLC, Wipro HR Services India Private Limited, Wipro Holdings (UK) Limited, Wipro Holdings Hungary Korlátolt, Wipro Holdings Investment, Wipro IT Service Ukraine LLC, Wipro IT Services Austria GmbH, Wipro IT Services Bangladesh Limited, Wipro IT Services LLC, Wipro IT Services Poland SP Z.O.O, Wipro IT Services S.R.L., Wipro IT Services UK Societas, Wipro Information Technology Egypt SAE, Wipro Information Technology Kazakhstan LLP, Wipro Information Technology Netherlands BV., Wipro Insurance Solutions LLC, Wipro Italia S.R.L, Wipro Japan KK, Wipro LLC, Wipro Networks Pte Limited, Wipro Opus Risk Solutions LLC, Wipro Outsourcing Services (Ireland) Limited, Wipro Overseas IT Services Private Limited, Wipro Philippines Inc., Wipro Poland SP Z.O.O, Wipro Portugal S.A., Wipro Shanghai Limited, Wipro Solutions Canada Limited, Wipro Technologies Australia Pty Ltd, Wipro Technologies GmbH, Wipro Technologies Limited, Wipro Technologies Nigeria Limited, Wipro Technologies Peru SAC, Wipro Technologies SA, Wipro Technologies SA DE CV, Wipro Technologies SDN BHD, Wipro Technologies SRL, Wipro Technologies South Africa (Proprietary) Limited, Wipro Technologies W.T. Sociedad Anonima, Wipro Technology Chile SPA, Wipro Technology Solutions S.R.L, Wipro Trademarks Holding Limited, Wipro Travel Services Limited, Wipro UK Limited, Wipro US Foundation, Wipro VLSI Design Services India Private Limited, Wipro VLSI Design Services LLC, Wipro Weare4C UK Limited, Wipro do Brasil Servicos Ltda, Wipro do Brasil Technologia Ltda, and Women's Business Park Technologies Limited. Read More

NYSE:WIT

Wipro (WIT) Stock Price, News & Analysis

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$5.22

-0.03 (-0.57%)

(As of 11:10 AM ET)

Compare

Today's Range: $5.16
▼
$5.22
50-Day Range: $5.26
▼
$6.43
52-Week Range: $4.32
▼
$6.45

Volume: 575,377 shs
Average Volume: 2.77 million shs
Market Capitalization: $27.24 billion

P/E Ratio: 20.88
Dividend Yield: 0.19%
Price Target: $5.05

Get Wipro alerts:

Wipro MarketRank™ Stock Analysis

Analyst Rating: Strong Sell
1.00 Rating Score
Upside/Downside: 3.9% Downside
$5.05 Price Target
Short Interest: Bearish
0.30% of Float Sold Short
Dividend Strength: Weak
Based on Four Factors
Sustainability: N/A
News Sentiment: -0.17
Based on 8 Articles This Week
Insider Trading: N/A
Proj. Earnings Growth: 12.00%
From $0.25 to $0.28 Per Share

Overall MarketRank^™

New Rank-Based ScoringMarketRank^™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

0.49 out of 5 stars

Computer And Technology Sector

550th out of 582 stocks

Custom Computer Programming Services Industry

21st out of 22 stocks

0.5

Analyst's Opinion

Consensus Rating
Wipro has received a consensus rating of Strong Sell. The company's average rating score is 1.00, and is based on no buy ratings, no hold ratings, and 4 sell ratings.
Amount of Analyst Coverage
Wipro has received no research coverage in the past 90 days.

2.0

Short Interest

Percentage of Shares Shorted
0.30% of the float of Wipro has been sold short.
Short Interest Ratio / Days to Cover
Wipro has a short interest ratio ("days to cover") of 5.9.
Change versus previous month
Short interest in Wipro has recently increased by 22.58%, indicating that investor sentiment is decreasing significantly.

1.7

Dividend Strength

Dividend Yield
Wipro has a dividend yield of 0.20%, which is in the bottom 25% of all stocks that pay dividends.
Dividend Growth
Wipro does not have a long track record of dividend growth.
Dividend Coverage
The dividend payout ratio of Wipro is 4.00%. This payout ratio is at a healthy, sustainable level, below 75%.
Dividend Sustainability
Based on earnings estimates, Wipro will have a dividend payout ratio of 3.57% next year. This indicates that Wipro will be able to sustain or increase its dividend.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for WIT.

2.1

News and Social Media Coverage

News Sentiment
Wipro has a news sentiment score of -0.17. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.48 average news sentiment score of Computer and Technology companies.
News Coverage This Week
MarketBeat has tracked 8 news articles for Wipro this week, compared to 3 articles on an average week.
Search Interest
4 people have searched for WIT on MarketBeat in the last 30 days. This is an increase of 100% compared to the previous 30 days.
MarketBeat Follows
4 people have added Wipro to their MarketBeat watchlist in the last 30 days. This is an increase of 33% compared to the previous 30 days.

0.0

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Wipro insiders have not sold or bought any company stock.
Percentage Held by Insiders
Only 1.00% of the stock of Wipro is held by insiders.
Percentage Held by Institutions
Only 2.36% of the stock of Wipro is held by institutions.

2.5

Earnings and Valuation

Earnings Growth
Earnings for Wipro are expected to grow by 12.00% in the coming year, from $0.25 to $0.28 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Wipro is 21.02, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 133.58.
Price to Earnings Ratio vs. Sector
The P/E ratio of Wipro is 21.02, which means that it is trading at a less expensive P/E ratio than the Computer and Technology sector average P/E ratio of about 217.30.
Price to Earnings Growth Ratio
Wipro has a PEG Ratio of 2.13. PEG Ratios above 1 indicate that a company could be overvalued.
Price to Book Value per Share Ratio
Wipro has a P/B Ratio of 3.02. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

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About Wipro Stock (NYSE:WIT)

Wipro Limited operates as an information technology (IT), consulting, and business process services company worldwide. It operates through three segments: IT Services, IT Products, and India State Run Enterprise Services (ISRE). The IT Services segment offers IT and IT-enabled services, including digital strategy advisory, customer-centric design, technology and IT consulting, custom application design, development, re-engineering and maintenance, systems integration, package implementation, cloud and infrastructure, business process, cloud, mobility and analytics, research and development, and hardware and software design services to enterprises. It serves customers in various industry sectors, such as healthcare and medical devices, consumer goods and life sciences, retail, transportation and services, communications, media and information services, technology products and platforms, banking, financial services and insurance, manufacturing, hi-tech, energy, and utilities. The IT Products segment provides a range of third-party IT products comprising enterprise platforms, networking solutions, software and data storage products, contact center infrastructure, enterprise security, IT optimization technologies, video solutions, and end-user computing solutions. It serves enterprises in various industries primarily in the Indian market, which comprise the government, defense, IT and IT-enabled services, telecommunications, manufacturing, utilities, education, and financial services sectors. The ISRE segment offers IT services to entities and departments owned or controlled by the Government of India and/or various Indian State Governments. It also provides cybersecurity consulting services. The company has a partnership with ServiceNow, Inc. to develop Wipro CyberTransform - Intelligent ServiceNow Risk and Security Solutions. The company was incorporated in 1945 and is based in Bengaluru, India.

WIT Stock Price History

30 days | 90 days | 365 days | Advanced Chart

WIT Stock News Headlines

April 17, 2024 | nasdaq.com

Oversold Conditions For Wipro (WIT)

April 17, 2024 | americanbankingnews.com

Wipro (NYSE:WIT) Upgraded to "Buy" by StockNews.com

April 18, 2024 | Gold Safe Exchange (Ad)

The “Perfect Storm” for Gold

Gold has already reached all-time highs, and experts believe it's not slowing down any time soon. In fact, some analysts predict a $7,000 price tag by 2025.

April 17, 2024 | msn.com

Wipro Q4 Results 2024 date and time: Quarterly earnings schedule - preview, expectations details

April 15, 2024 | finance.yahoo.com

Indian IT Firms’ Outlook Seen Brighter After TCS Earnings Beat

April 12, 2024 | americanbankingnews.com

Wipro (WIT) Scheduled to Post Quarterly Earnings on Friday

April 11, 2024 | ca.finance.yahoo.com

Down 19% From its 52-Week High, Can Magna Stock Turn Things Around?

April 11, 2024 | msn.com

Wipro Quarterly Q4 Results 2024 date and time: Earnings announcement schedule - Preview, expectations details

April 18, 2024 | Gold Safe Exchange (Ad)

The “Perfect Storm” for Gold

Gold has already reached all-time highs, and experts believe it's not slowing down any time soon. In fact, some analysts predict a $7,000 price tag by 2025.

April 10, 2024 | msn.com

Wipro Q4 Quarterly Results 2024 Date and Time: IT giant earnings schedule - Check details

April 10, 2024 | businesswire.com

Wipro Appoints Malay Joshi as Chief Executive Officer for Americas 1 Strategic Market Unit

April 6, 2024 | finance.yahoo.com

Wipro Appoints Srini Pallia as CEO & Managing Director

April 2, 2024 | seekingalpha.com

Wipro: Focus On Peer's Performance And Long-Term Potential

March 28, 2024 | benzinga.com

(WIT) - Analyzing Wipro's Short Interest

March 26, 2024 | msn.com

Wipro GE Healthcare Sets Sight on India's Healthcare Growth with $960M Investment

March 26, 2024 | reuters.com

Wipro GE Healthcare to invest $960 mln in R&D, manufacturing in India

March 20, 2024 | businesswire.com

Wipro nomina Anne-Marie Rowland Ceo Capco

March 20, 2024 | businesswire.com

Wipro Appoints Anne-Marie Rowland as CEO of Capco

March 19, 2024 | msn.com

Magna Stock Partners With General Motors to Create Next Big Thing in Vehicle Software

March 16, 2024 | finance.yahoo.com

WIT Apr 2024 7.500 put

March 14, 2024 | benzinga.com

Why Indian IT Major Wipro Shares Are Trading Higher Today

March 14, 2024 | finance.yahoo.com

Wipro Enters into Agreement with Desjardins to Modernize Consumer Banking Services Using its NetOxygen Platform

March 6, 2024 | realmoney.thestreet.com

Wipro named a 'Research Tactical Idea' at Morgan Stanley

March 5, 2024 | investopedia.com

GM Joins Forces With Magna and Wipro To Develop Auto Software Marketplace

March 5, 2024 | msn.com

GM, Wipro, and Magna partner on automobile software platform

March 5, 2024 | reuters.com

GM, Magna and Wipro team up for automotive software marketplace

March 1, 2024 | benzinga.com

SEALSQ Stock (NASDAQ:LAES), Quotes and News Summary

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Company Calendar

Last Earnings: 10/18/2023
Today: 4/18/2024
Next Earnings (Confirmed): 4/19/2024
Fiscal Year End: 3/31/2025

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: NYSE
Sector: Computer and Technology
Industry: Custom computer programming services
Sub-Industry: N/A
Current Symbol: NYSE:WIT
CUSIP: N/A
CIK: 1123799
Web: www.wipro.com
Phone: 918046827999
Fax: 91-80-2844-0054
Employees: 256,921
Year Founded: 1945

Price Target and Rating

Average Stock Price Target: $5.05
High Stock Price Target: $6.00
Low Stock Price Target: $4.30
Potential Upside/Downside: -3.9%
Consensus Rating: Strong Sell
Rating Score (0-4): 1.00
Research Coverage: 4 Analysts

Profitability

EPS (Most Recent Fiscal Year): $0.25
Trailing P/E Ratio: 21.02
Forward P/E Ratio: 21.02
P/E Growth: 2.13
Net Income: $1.38 billion
Net Margins: 12.42%
Pretax Margin: 16.50%
Return on Equity: 15.68%
Return on Assets: 9.74%

Debt

Debt-to-Equity Ratio: 0.09
Current Ratio: 2.29
Quick Ratio: 2.28

Sales & Book Value

Annual Sales: $11.01 billion
Price / Sales: 2.49
Cash Flow: $0.33 per share
Price / Cash Flow: 16.12
Book Value: $1.74 per share
Price / Book: 3.02

Miscellaneous

Outstanding Shares: 5,217,650,000
Free Float: 5,165,478,000
Market Cap: $27.42 billion
Optionable: Optionable
Beta: 0.87

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Key Executives

Mr. Rishad Azim Hasham Premji Jr. (Age 47)
Executive Chairman
Comp: $951.35k
Mr. Thierry Delaporte (Age 57)
MD, CEO, Director & Member of Executive Board
Comp: $10.03M
Mr. Srinivas Pallia (Age 57)
CEO of Americas 1 & Executive Board Member
Mr. Saurabh Govil (Age 56)
Chief Human Resources Officer & Executive Board Member
Mr. Nagendra P. Bandaru
Managing Partner of Wipro Enterprise Futuring & Executive Board Member
Mr. Pierre Bruno
Member of Executive Board & CEO of Europe
Ms. Suzanne Dann
CEO of Americas 2 & Executive Board Member
Mr. Anis Chenchah
Member of Executive Board & CEO of APMEA
Mr. Amit Choudhary
COO & Member of Executive Board

Key Competitors

View All Competitors

Institutional Ownership

View All Institutional Transactions

Should I Buy Wipro Stock? WIT Pros and Cons Explained

Pros

Here are some ways that investors could benefit from investing in Wipro Limited:

Wipro Limited operates as an information technology (IT), consulting, and business process services company worldwide, providing a diverse range of services to enterprises across various industries.
Wipro's partnership with ServiceNow, Inc. to develop Wipro CyberTransform - Intelligent ServiceNow Risk and Security Solutions showcases its commitment to innovation and cybersecurity, which can attract investors looking for cutting-edge technology companies.
Recent acquisitions of positions in Wipro by various hedge funds and institutional investors indicate growing interest in the company, potentially signaling positive future prospects.
Wipro's focus on IT Services, IT Products, and India State Run Enterprise Services (ISRE) segments diversifies its revenue streams, reducing dependency on any single sector or service.
With a global presence and a long-standing history since its incorporation in 1945, Wipro has established itself as a reputable player in the IT industry, instilling confidence in investors.

Cons

Investors should be bearish about investing in Wipro Limited for these reasons:

Fluctuations in the IT industry and global economic conditions can impact Wipro's performance and stock price, leading to potential volatility in investment returns.
Competition in the IT services sector is intense, with both established players and emerging startups vying for market share, posing a challenge to Wipro's growth and profitability.
Dependency on government contracts through the India State Run Enterprise Services (ISRE) segment exposes Wipro to regulatory risks and uncertainties associated with public sector projects.
Market sentiment and investor perception towards the IT sector can influence Wipro's stock price, making it susceptible to broader market trends and sector-specific developments.
Investors should carefully consider the current stock price of Wipro and evaluate whether it aligns with their investment goals and risk tolerance before making investment decisions.

These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Wednesday, April 10, 2024. Please send any questions or comments about these Wipro pros and cons to contact@marketbeat.com.

WIT Stock Analysis - Frequently Asked Questions

Should I buy or sell Wipro stock right now?: 4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Wipro in the last twelve months. There are currently 4 sell ratings for the stock. The consensus among Wall Street analysts is that investors should "strong sell" WIT shares.
View WIT analyst ratings or view top-rated stocks.
What is Wipro's stock price target for 2024?: 4 Wall Street research analysts have issued 12-month price objectives for Wipro's shares. Their WIT share price targets range from $4.30 to $6.00. On average, they anticipate the company's stock price to reach $5.05 in the next year. This suggests that the stock has a possible downside of 3.9%.
View analysts price targets for WIT or view top-rated stocks among Wall Street analysts.
How have WIT shares performed in 2024?: Wipro's stock was trading at $5.57 on January 1st, 2024. Since then, WIT shares have decreased by 5.7% and is now trading at $5.2550.
View the best growth stocks for 2024 here.
Are investors shorting Wipro?: Wipro saw a increase in short interest in the month of March. As of March 31st, there was short interest totaling 15,800,000 shares, an increase of 22.6% from the March 15th total of 12,890,000 shares. Based on an average daily volume of 2,670,000 shares, the days-to-cover ratio is currently 5.9 days. Approximately 0.3% of the company's shares are short sold.
View Wipro's Short Interest.
When is Wipro's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Friday, April 19th 2024.
View our WIT earnings forecast.
How can I listen to Wipro's earnings call?: Wipro will be holding an earnings conference call on Friday, April 19th at 9:30 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at 833-289-8317 with passcode "947765".
How were Wipro's earnings last quarter?: Wipro Limited (NYSE:WIT) released its earnings results on Wednesday, October, 18th. The information technology services provider reported $0.06 EPS for the quarter, missing analysts' consensus estimates of $0.07 by $0.01. The information technology services provider had revenue of $2.71 billion for the quarter, compared to analysts' expectations of $2.77 billion. Wipro had a net margin of 12.42% and a trailing twelve-month return on equity of 15.68%. During the same period in the prior year, the business earned $0.06 EPS.
Is Wipro a good dividend stock?: Wipro (NYSE:WIT) pays an annual dividend of $0.01 per share and currently has a dividend yield of 0.20%. The dividend payout ratio is 4.00%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, WIT will have a dividend payout ratio of 3.57% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for WIT.

What ETFs hold Wipro's stock?: ETFs with the largest weight of Wipro (NYSE:WIT) stock in their portfolio include YieldMax Innovation Option Income Strategy ETF (OARK), VanEck Digital India ETF (DGIN), ALPS Emerging Sector Dividend Dogs ETF (EDOG), First Trust BICK Index Fund (BICK), OneAscent Emerging Markets ETF (OAEM), Dimensional Global Sustainability Fixed Income ETF (DFSB), Defiance Quantum ETF (QTUM) and First Trust Indxx NextG ETF (NXTG).
When did Wipro's stock split?: Shares of Wipro split on Friday, June 9th 2017. The 2-1 split was announced on Monday, June 12th 2017. The newly created shares were issued to shareholders after the closing bell on Tuesday, April 25th 2017. An investor that had 100 shares of stock prior to the split would have 200 shares after the split.
What is Thierry Delaporte's approval rating as Wipro's CEO?: 60 employees have rated Wipro Chief Executive Officer Thierry Delaporte on Glassdoor.com. Thierry Delaporte has an approval rating of 86% among the company's employees.
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), Cisco Systems (CSCO), RTX (RTX), Abbott Laboratories (ABT), Ford Motor (F), Walt Disney (DIS), Intel (INTC), Tata Motors (TTM), Alibaba Group (BABA) and General Electric (GE).
Who are Wipro's major shareholders?: Wipro's stock is owned by many different retail and institutional investors. Top institutional shareholders include Ballentine Partners LLC (0.00%), DGS Capital Management LLC (0.00%), Janiczek Wealth Management LLC (0.00%), Cherrydale Wealth Management LLC (0.00%), Fulton Bank N.A. (0.00%) and GAMMA Investing LLC (0.00%).
How do I buy shares of Wipro?: Shares of WIT stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.
Does Wipro have any subsidiaries?: The following companies are subsidiares of Wipro: 4C, ATCO I-Tek Inc., ATOM Solutions LLC, Ampion Holdings Pty Ltd, Appirio Inc., CAPCO (US) LLC, CapAfric Consulting (Pty) Ltd, Capco, Capco (Canada) GP ULC, Capco (UK) 1 Limited, Capco (US) GP LLC, Capco Austria GmbH, Capco Belgium BV, Capco Brasil Serviços E Consultoria Em Informática Ltda, Capco Consultancy (Malaysia) Sdn. Bhd, Capco Consultancy (Thailand) Ltd, Capco Consulting Services (Guangzhou) Company Limited, Capco Consulting Services LLC, Capco Consulting Singapore Pte. Ltd, Capco Greece Single Member P.C, Capco Poland sp. z.o.o, Capco RISC Consulting LLC, Cardinal Foreign Holdings 2 S.á.r.l, Cardinal Foreign Holdings S.á.r.l, Cardinal US Holdings Inc., Cellent GmbH, Citi Technology Services, CloudSocius DMCC, Convergence Acceleration Solutions LLC, Designit, Designit A/S, Designit Denmark A/S, Designit Germany GmbH, Designit North America Inc., Designit Oslo A/S, Designit Spain Digital S.L.U, Designit Sweden AB, Designit T.L.V Ltd., Designit Tokyo Ltd., Edgile LLC, Encore Theme Technologies, Encore Theme Technologies Private Limited, Eximius Design, Felelősségű Társaság, Global Oil and Gas Information Technology Services Business, Grove Holdings 2 S.á.r.l, HealthPlan Services, HealthPlan Services Inc., HealthPlan Services Insurance Agency LLC, ITI Proficiency Ltd, IVIA, InfoServer, Infocrossing LLC, International TechneGroup, International TechneGroup Incorporated, International TechneGroup Ltd., Korlátolt Felelősségű Társaság, LeanSwift AB, LeanSwift Solutions Inc., LeanSwift Solutions Inc., LeanSwift Solutions LLC, METRO SYSTEMS Romania, MechWorks s.r.l., Metronom, NEOS Holdings LLC, NEOS LLC, NEOS Software LLC, Opus Capital Markets Consultants, PT. WT Indonesia, Promax Application Group, Rainbow Software LLC, Rizing Intermediate Holdings Inc, The Capital Markets Company (UK) Ltd, The Capital Markets Company LLC, The Capital Markets Company Limited, The Capital Markets Company S.á.r.l, The Capital Markets Company s.r.o, Topcoder LLC., Viteos Group, Wipro (Dalian) Limited, Wipro (Thailand) Co. Limited, Wipro 4C Consulting France SAS, Wipro 4C Danmark ApS, Wipro 4C NV, Wipro 4C Nederland B.V., Wipro Appirio (Ireland) Limited, Wipro Appirio Inc., Wipro Appirio K.K, Wipro Appirio UK Limited, Wipro Arabia Co. Limited, Wipro Bahrain Limited Co. W.L.L, Wipro Business Solutions GmbH, Wipro Chengdu Limited, Wipro Designit Services Inc., Wipro Designit Services Limited, Wipro Do Brasil Sistemetas De Informatica Ltd, Wipro Doha LLC, Wipro Europe Limited, Wipro Financial Services UK Limited, Wipro Gallagher Solutions LLC, Wipro Gulf LLC, Wipro HR Services India Private Limited, Wipro Holdings (UK) Limited, Wipro Holdings Hungary Korlátolt, Wipro Holdings Investment, Wipro IT Service Ukraine LLC, Wipro IT Services Austria GmbH, Wipro IT Services Bangladesh Limited, Wipro IT Services LLC, Wipro IT Services Poland SP Z.O.O, Wipro IT Services S.R.L., Wipro IT Services UK Societas, Wipro Information Technology Egypt SAE, Wipro Information Technology Kazakhstan LLP, Wipro Information Technology Netherlands BV., Wipro Insurance Solutions LLC, Wipro Italia S.R.L, Wipro Japan KK, Wipro LLC, Wipro Networks Pte Limited, Wipro Opus Risk Solutions LLC, Wipro Outsourcing Services (Ireland) Limited, Wipro Overseas IT Services Private Limited, Wipro Philippines Inc., Wipro Poland SP Z.O.O, Wipro Portugal S.A., Wipro Shanghai Limited, Wipro Solutions Canada Limited, Wipro Technologies Australia Pty Ltd, Wipro Technologies GmbH, Wipro Technologies Limited, Wipro Technologies Nigeria Limited, Wipro Technologies Peru SAC, Wipro Technologies SA, Wipro Technologies SA DE CV, Wipro Technologies SDN BHD, Wipro Technologies SRL, Wipro Technologies South Africa (Proprietary) Limited, Wipro Technologies W.T. Sociedad Anonima, Wipro Technology Chile SPA, Wipro Technology Solutions S.R.L, Wipro Trademarks Holding Limited, Wipro Travel Services Limited, Wipro UK Limited, Wipro US Foundation, Wipro VLSI Design Services India Private Limited, Wipro VLSI Design Services LLC, Wipro Weare4C UK Limited, Wipro do Brasil Servicos Ltda, Wipro do Brasil Technologia Ltda, and Women's Business Park Technologies Limited.
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This page (NYSE:WIT) was last updated on 4/18/2024 by MarketBeat.com Staff

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Wipro (WIT) Stock Price, News & Analysis

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