Press coverage about Genpact Limited (NYSE:G) has trended somewhat positive on Saturday, according to Accern. The research group identifies positive and negative news coverage by analyzing more than twenty million blog and news sources. Accern ranks coverage of public companies on a scale of -1 to 1, with scores closest to one being the most favorable. Genpact Limited earned a media sentiment score of 0.10 on Accern’s scale. Accern also assigned media coverage about the business services provider an impact score of 47.076411431894 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the next several days.
These are some of the news headlines that may have effected Accern Sentiment Analysis’s scoring:
- Genpact Limited (G) and Its Competitors Head-To-Head Review (americanbankingnews.com)
- Genpact : Wins CSO50 Information Security Award (4-traders.com)
- Genpact Named Leader in Supply Chain Management by Everest Group (finance.yahoo.com)
- Q3 2017 EPS Estimates for Genpact Limited (G) Cut by Wedbush (americanbankingnews.com)
- Genpact Limited (G) to Post Q1 2019 Earnings of $0.37 Per Share, Wedbush Forecasts (americanbankingnews.com)
A number of analysts recently issued reports on the stock. Cowen and Company restated an “outperform” rating and issued a $33.00 price target (up previously from $30.00) on shares of Genpact Limited in a research note on Thursday, August 3rd. Wedbush assumed coverage on shares of Genpact Limited in a research note on Thursday, August 3rd. They issued a “neutral” rating and a $33.00 price target for the company. Zacks Investment Research upgraded shares of Genpact Limited from a “hold” rating to a “buy” rating and set a $33.00 price target for the company in a research note on Tuesday, August 8th. Robert W. Baird restated an “outperform” rating and issued a $36.00 price target (up previously from $34.00) on shares of Genpact Limited in a research note on Tuesday, October 10th. Finally, BMO Capital Markets restated a “hold” rating on shares of Genpact Limited in a research note on Friday, October 6th. Three analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company. The company has a consensus rating of “Buy” and an average target price of $32.38.
Genpact Limited (NYSE G) opened at 29.69 on Friday. The firm has a 50-day moving average of $28.76 and a 200-day moving average of $27.46. Genpact Limited has a 12-month low of $22.62 and a 12-month high of $31.93. The firm has a market cap of $5.73 billion, a P/E ratio of 22.42 and a beta of 0.53.
Genpact Limited (NYSE:G) last issued its earnings results on Wednesday, August 2nd. The business services provider reported $0.41 EPS for the quarter, beating analysts’ consensus estimates of $0.31 by $0.10. The business had revenue of $670.70 million during the quarter, compared to analyst estimates of $642.68 million. Genpact Limited had a return on equity of 23.33% and a net margin of 10.22%. Genpact Limited’s revenue was up 6.4% on a year-over-year basis. During the same period in the prior year, the company posted $0.36 earnings per share. On average, analysts expect that Genpact Limited will post $1.56 EPS for the current year.
The company also recently announced a special dividend, which was paid on Thursday, September 21st. Investors of record on Friday, September 8th were paid a $0.06 dividend. The ex-dividend date was Thursday, September 7th. This represents a dividend yield of 0.84%. Genpact Limited’s payout ratio is 18.05%.
In other Genpact Limited news, CFO Edward J. Fitzpatrick sold 57,934 shares of the company’s stock in a transaction on Tuesday, August 22nd. The stock was sold at an average price of $28.54, for a total value of $1,653,436.36. Following the sale, the chief financial officer now directly owns 113,520 shares in the company, valued at $3,239,860.80. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, insider Mohit Thukral sold 25,000 shares of the company’s stock in a transaction on Friday, August 25th. The shares were sold at an average price of $28.37, for a total value of $709,250.00. Following the completion of the sale, the insider now owns 85,305 shares in the company, valued at $2,420,102.85. The disclosure for this sale can be found here. Insiders sold 10,358,442 shares of company stock valued at $297,475,276 over the last 90 days. 1.41% of the stock is currently owned by corporate insiders.
Genpact Limited Company Profile
Genpact Limited is engaged in providing digitally powered business process management and services. The Company is also engaged in designing, transforming and running a combination of processes, as well as providing solutions that combine elements of its service offerings. The Company’s segments include Business process outsourcing and Information technology services.
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