Genpact (NYSE:G – Get Free Report) announced its quarterly earnings data on Thursday. The business services provider reported $0.82 earnings per share for the quarter, missing the consensus estimate of $0.86 by ($0.04), Zacks reports. Genpact had a net margin of 14.22% and a return on equity of 21.85%. Genpact updated its Q1 2025 guidance to 0.790-0.800 EPS and its FY 2025 guidance to 3.520-3.590 EPS.
Genpact Stock Down 0.1 %
Shares of G traded down $0.04 on Thursday, hitting $49.38. The company’s stock had a trading volume of 1,260,891 shares, compared to its average volume of 1,346,216. The firm’s fifty day moving average price is $44.86 and its 200-day moving average price is $41.09. Genpact has a fifty-two week low of $30.23 and a fifty-two week high of $49.68. The company has a quick ratio of 1.85, a current ratio of 1.85 and a debt-to-equity ratio of 0.50. The firm has a market capitalization of $8.71 billion, a price-to-earnings ratio of 13.56, a P/E/G ratio of 1.61 and a beta of 1.20.
Analyst Upgrades and Downgrades
A number of research firms have recently weighed in on G. Needham & Company LLC increased their price target on Genpact from $42.00 to $55.00 and gave the company a “buy” rating in a research note on Monday, November 11th. Jefferies Financial Group raised Genpact from a “hold” rating to a “buy” rating and increased their target price for the company from $44.00 to $55.00 in a research note on Tuesday, January 21st. TD Cowen boosted their target price on Genpact from $40.00 to $45.00 and gave the stock a “hold” rating in a research report on Friday, November 8th. Finally, Robert W. Baird upped their price target on Genpact from $44.00 to $48.00 and gave the company a “neutral” rating in a research note on Friday, November 8th. Six equities research analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. According to data from MarketBeat, the company has a consensus rating of “Hold” and an average target price of $44.50.
Insiders Place Their Bets
In related news, CEO Balkrishan Kalra sold 9,000 shares of the stock in a transaction dated Monday, November 25th. The stock was sold at an average price of $46.40, for a total transaction of $417,600.00. Following the completion of the transaction, the chief executive officer now directly owns 267,404 shares in the company, valued at approximately $12,407,545.60. This trade represents a 3.26 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, SVP Piyush Mehta sold 12,000 shares of the business’s stock in a transaction that occurred on Friday, January 10th. The shares were sold at an average price of $42.83, for a total value of $513,960.00. Following the completion of the sale, the senior vice president now owns 151,182 shares in the company, valued at $6,475,125.06. The trade was a 7.35 % decrease in their position. The disclosure for this sale can be found here. In the last three months, insiders have sold 35,058 shares of company stock worth $1,558,675. Company insiders own 2.80% of the company’s stock.
About Genpact
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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