Genpact (NYSE:G – Get Free Report) issued its quarterly earnings data on Thursday. The business services provider reported $0.82 EPS for the quarter, missing the consensus estimate of $0.86 by ($0.04), Zacks reports. Genpact had a return on equity of 21.85% and a net margin of 14.22%. Genpact updated its Q1 2025 guidance to 0.790-0.800 EPS and its FY 2025 guidance to 3.520-3.590 EPS.
Genpact Price Performance
G traded up $5.38 on Friday, hitting $54.78. 1,902,099 shares of the company’s stock were exchanged, compared to its average volume of 1,362,881. The stock has a market cap of $9.66 billion, a price-to-earnings ratio of 15.05, a P/E/G ratio of 1.61 and a beta of 1.20. Genpact has a fifty-two week low of $30.23 and a fifty-two week high of $56.76. The firm has a 50-day moving average price of $44.92 and a 200-day moving average price of $41.15. The company has a current ratio of 1.85, a quick ratio of 1.85 and a debt-to-equity ratio of 0.50.
Analysts Set New Price Targets
G has been the subject of a number of analyst reports. Robert W. Baird raised their price objective on Genpact from $44.00 to $48.00 and gave the company a “neutral” rating in a research report on Friday, November 8th. Jefferies Financial Group raised shares of Genpact from a “hold” rating to a “buy” rating and upped their price target for the company from $44.00 to $55.00 in a research report on Tuesday, January 21st. Needham & Company LLC boosted their price target on Genpact from $55.00 to $65.00 and gave the company a “buy” rating in a report on Friday. Finally, TD Cowen raised shares of Genpact from a “hold” rating to a “buy” rating and increased their price objective for the stock from $45.00 to $60.00 in a research note on Friday. Five investment analysts have rated the stock with a hold rating and four have given a buy rating to the company’s stock. According to data from MarketBeat.com, Genpact currently has a consensus rating of “Hold” and a consensus target price of $47.63.
Insiders Place Their Bets
In other Genpact news, CEO Balkrishan Kalra sold 13,600 shares of the stock in a transaction that occurred on Friday, December 13th. The stock was sold at an average price of $44.60, for a total transaction of $606,560.00. Following the completion of the sale, the chief executive officer now directly owns 267,404 shares of the company’s stock, valued at approximately $11,926,218.40. This trade represents a 4.84 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, SVP Piyush Mehta sold 12,000 shares of Genpact 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 directly owns 151,182 shares in the company, valued at $6,475,125.06. This represents a 7.35 % decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 35,058 shares of company stock valued at $1,558,675. 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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