Genpact Limited (NYSE:G) Given Consensus Recommendation of “Hold” by Brokerages

Shares of Genpact Limited (NYSE:GGet Free Report) have been given a consensus recommendation of “Hold” by the seven analysts that are currently covering the firm, Marketbeat Ratings reports. Four analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. The average 1-year target price among analysts that have covered the stock in the last year is $51.2857.

G has been the subject of several recent research reports. Mizuho increased their price objective on shares of Genpact from $48.00 to $51.00 and gave the stock a “neutral” rating in a research report on Tuesday, July 1st. Needham & Company LLC upped their price target on shares of Genpact from $50.00 to $53.00 and gave the stock a “buy” rating in a research report on Friday, August 8th. Robert W. Baird cut their price objective on Genpact from $56.00 to $50.00 and set a “neutral” rating on the stock in a research report on Thursday, May 8th. Deutsche Bank Aktiengesellschaft assumed coverage on Genpact in a research note on Thursday, July 17th. They set a “hold” rating and a $47.00 price objective on the stock. Finally, Wall Street Zen raised Genpact from a “buy” rating to a “strong-buy” rating in a research report on Friday, June 6th.

Check Out Our Latest Research Report on Genpact

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in G. Cornerstone Planning Group LLC purchased a new stake in Genpact during the 1st quarter worth $27,000. Coppell Advisory Solutions LLC boosted its position in Genpact by 529.5% in the 4th quarter. Coppell Advisory Solutions LLC now owns 598 shares of the business services provider’s stock valued at $25,000 after buying an additional 503 shares during the last quarter. Richardson Financial Services Inc. acquired a new stake in shares of Genpact during the first quarter valued at about $35,000. SVB Wealth LLC purchased a new stake in shares of Genpact during the first quarter worth about $41,000. Finally, Steph & Co. purchased a new stake in shares of Genpact during the second quarter worth about $37,000. 96.03% of the stock is currently owned by hedge funds and other institutional investors.

Genpact Stock Performance

NYSE G opened at $44.7760 on Wednesday. The company has a debt-to-equity ratio of 0.32, a current ratio of 1.53 and a quick ratio of 1.53. Genpact has a 1-year low of $37.82 and a 1-year high of $56.76. The firm has a market capitalization of $7.80 billion, a P/E ratio of 14.88, a P/E/G ratio of 1.52 and a beta of 0.92. The business’s 50-day simple moving average is $43.99 and its 200-day simple moving average is $46.94.

Genpact (NYSE:GGet Free Report) last posted its earnings results on Thursday, August 7th. The business services provider reported $0.88 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.85 by $0.03. The firm had revenue of $1.25 billion during the quarter, compared to the consensus estimate of $1.23 billion. Genpact had a net margin of 10.92% and a return on equity of 22.15%. The company’s revenue was up 6.6% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.79 EPS. Genpact has set its FY 2025 guidance at 3.510-3.580 EPS. Q3 2025 guidance at 0.890-0.900 EPS. Equities analysts predict that Genpact will post 3.21 EPS for the current year.

Genpact Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, September 25th. Shareholders of record on Thursday, September 11th will be given a $0.17 dividend. The ex-dividend date of this dividend is Thursday, September 11th. This represents a $0.68 annualized dividend and a yield of 1.5%. Genpact’s dividend payout ratio (DPR) is 22.59%.

Genpact Company Profile

(Get Free Report)

Genpact Limited provides business process outsourcing and information technology services in India, rest of Asia, North and Latin America, and Europe. It operates through three segments: Financial services; Consumer and Healthcare; and High Tech and Manufacturing. The Financial Services segment offers retail customer onboarding, customer service, collections, card servicing operations, loan and payment operations, commercial loan, equipment and auto loan, mortgage origination, compliance services, reporting and monitoring, and wealth management operations support; financial crime and risk management services; and underwriting support, new business processing, policy administration, claims management, catastrophe modeling and actuarial services, as well as property and casualty claims.

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Analyst Recommendations for Genpact (NYSE:G)

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