Genpact (NYSE:G – Get Free Report) issued its earnings results on Thursday. The business services provider reported $0.82 earnings per share for the quarter, missing analysts’ consensus estimates 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 Trading Down 0.1 %
Shares of NYSE:G traded down $0.04 during mid-day trading on Thursday, reaching $49.38. 1,260,886 shares of the company’s stock were exchanged, compared to its average volume of 1,346,129. The firm has a market capitalization of $8.71 billion, a price-to-earnings ratio of 13.56, a PEG ratio of 1.61 and a beta of 1.20. Genpact has a twelve month low of $30.23 and a twelve month high of $49.68. The business’s fifty day moving average price is $44.86 and its 200-day moving average price is $41.09. The company has a debt-to-equity ratio of 0.50, a quick ratio of 1.85 and a current ratio of 1.85.
Analyst Ratings Changes
G has been the topic of several research analyst reports. Jefferies Financial Group raised Genpact from a “hold” rating to a “buy” rating and raised their price objective for the company from $44.00 to $55.00 in a research note on Tuesday, January 21st. TD Cowen raised their price target on shares of Genpact from $40.00 to $45.00 and gave the company a “hold” rating in a research note on Friday, November 8th. Robert W. Baird upped their price objective on shares of Genpact from $44.00 to $48.00 and gave the stock a “neutral” rating in a research report on Friday, November 8th. Finally, Needham & Company LLC raised their target price on shares of Genpact from $42.00 to $55.00 and gave the company a “buy” rating in a research report on Monday, November 11th. Six 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.
Insider Buying and Selling
In other news, SVP Piyush Mehta sold 12,000 shares of the business’s stock in a transaction dated Friday, January 10th. The stock was sold at an average price of $42.83, for a total value of $513,960.00. Following the transaction, the senior vice president now directly owns 151,182 shares of the company’s stock, valued at $6,475,125.06. The trade was a 7.35 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, CEO Balkrishan Kalra sold 9,000 shares of Genpact stock in a transaction that occurred on Monday, November 25th. The stock was sold at an average price of $46.40, for a total value of $417,600.00. Following the completion of the sale, the chief executive officer now owns 267,404 shares of the company’s stock, valued at approximately $12,407,545.60. The trade was a 3.26 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 35,058 shares of company stock valued at $1,558,675 in the last three months. 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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