Genpact (NYSE:G) Rating Lowered to Hold at Wall Street Zen

Genpact (NYSE:G) was downgraded by equities research analysts at Wall Street Zen from a “buy” rating to a “hold” rating in a note issued to investors on Friday.

A number of other equities research analysts also recently weighed in on G. Needham & Company LLC boosted their price objective on shares of Genpact from $50.00 to $53.00 and gave the company a “buy” rating in a research report on Friday, August 8th. Deutsche Bank Aktiengesellschaft initiated coverage on shares of Genpact in a research note on Thursday, July 17th. They set a “hold” rating and a $47.00 target price for the company. Mizuho boosted their target price on shares of Genpact from $48.00 to $51.00 and gave the company a “neutral” rating in a research note on Tuesday, July 1st. Robert W. Baird reduced their target price on shares of Genpact from $56.00 to $50.00 and set a “neutral” rating for the company in a research note on Thursday, May 8th. Finally, JPMorgan Chase & Co. reduced their target price on shares of Genpact from $55.00 to $50.00 and set a “neutral” rating for the company in a research note on Wednesday, August 20th. Three equities research analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of “Hold” and an average price target of $52.29.

Genpact Price Performance

Shares of NYSE:G opened at $44.91 on Friday. The company has a quick ratio of 1.53, a current ratio of 1.53 and a debt-to-equity ratio of 0.32. Genpact has a fifty-two week low of $37.82 and a fifty-two week high of $56.76. The firm has a 50-day simple moving average of $44.62 and a 200 day simple moving average of $46.21. The company has a market cap of $7.83 billion, a PE ratio of 14.92, a P/E/G ratio of 1.54 and a beta of 0.92.

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

Institutional Trading of Genpact

Large investors have recently added to or reduced their stakes in the business. Envestnet Portfolio Solutions Inc. grew its position in Genpact by 59.2% in the first quarter. Envestnet Portfolio Solutions Inc. now owns 10,355 shares of the business services provider’s stock worth $522,000 after acquiring an additional 3,849 shares in the last quarter. Wealth Enhancement Advisory Services LLC grew its position in Genpact by 20.6% in the first quarter. Wealth Enhancement Advisory Services LLC now owns 9,650 shares of the business services provider’s stock worth $486,000 after acquiring an additional 1,651 shares in the last quarter. GAMMA Investing LLC grew its position in Genpact by 88.0% in the first quarter. GAMMA Investing LLC now owns 9,744 shares of the business services provider’s stock worth $491,000 after acquiring an additional 4,561 shares in the last quarter. 111 Capital bought a new stake in Genpact in the fourth quarter worth approximately $301,000. Finally, Assenagon Asset Management S.A. bought a new stake in Genpact in the first quarter worth approximately $2,396,000. 96.03% of the stock is owned by institutional investors.

Genpact Company Profile

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.