News headlines about Genpact (NYSE:G) have been trending somewhat positive on Thursday, Accern Sentiment reports. Accern ranks the sentiment of media coverage by reviewing more than 20 million news and blog sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores closest to one being the most favorable. Genpact earned a media sentiment score of 0.12 on Accern’s scale. Accern also gave press coverage about the business services provider an impact score of 45.7874682313248 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the company’s share price in the immediate future.
Here are some of the news stories that may have impacted Accern’s rankings:
- Supply Chain Analytics Market to Perceive Substantial Growth During 2023 (mynewsdesk.com)
- Global IT Robotic Automation Market Is Predicted to Reach a Valuation of US $16,884.0 Mn During 2016-2024 (sbwire.com)
- $721.64 Million in Sales Expected for Genpact Limited (G) This Quarter (americanbankingnews.com)
- Brokerages Expect Genpact Limited (G) Will Post Earnings of $0.41 Per Share (americanbankingnews.com)
- Genpact Limited (G) Insider N. V. Tyagarajan Sells 77,619 Shares (americanbankingnews.com)
A number of analysts have recently weighed in on G shares. Zacks Investment Research cut shares of Genpact from a “buy” rating to a “hold” rating in a report on Tuesday, October 3rd. Cantor Fitzgerald restated a “buy” rating and issued a $32.00 price target on shares of Genpact in a report on Wednesday, September 13th. Robert W. Baird restated a “buy” rating and issued a $34.00 price target on shares of Genpact in a report on Monday, September 25th. BMO Capital Markets restated a “hold” rating on shares of Genpact in a report on Friday, October 6th. Finally, SunTrust Banks restated a “buy” rating and issued a $34.00 price target on shares of Genpact in a report on Monday, October 9th. Three investment analysts have rated the stock with a hold rating and seven have given a buy rating to the company’s stock. Genpact has a consensus rating of “Buy” and an average target price of $33.38.
Shares of Genpact (NYSE G) traded up $0.01 during trading on Thursday, hitting $32.05. 870,566 shares of the company traded hands, compared to its average volume of 1,040,095. The stock has a market cap of $6,170.00, a price-to-earnings ratio of 20.90, a P/E/G ratio of 2.20 and a beta of 0.58. The company has a quick ratio of 1.65, a current ratio of 1.65 and a debt-to-equity ratio of 0.77. Genpact has a 52-week low of $23.34 and a 52-week high of $32.65.
Genpact (NYSE:G) last announced its quarterly earnings data on Tuesday, November 7th. The business services provider reported $0.46 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $0.36 by $0.10. The firm had revenue of $708.82 million during the quarter, compared to analyst estimates of $685.25 million. Genpact had a net margin of 10.32% and a return on equity of 22.99%. Genpact’s revenue was up 9.3% on a year-over-year basis. During the same period last year, the firm posted $0.37 EPS. analysts anticipate that Genpact will post 1.47 EPS for the current year.
The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, December 20th. Investors of record on Friday, December 8th will be given a $0.06 dividend. This represents a $0.24 annualized dividend and a dividend yield of 0.75%. The ex-dividend date is Thursday, December 7th. Genpact’s payout ratio is currently 17.39%.
In other Genpact news, insider Private Ltd Gic sold 1,499,806 shares of the firm’s stock in a transaction that occurred on Monday, November 20th. The shares were sold at an average price of $30.26, for a total transaction of $45,384,129.56. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, insider Piyush Mehta sold 17,017 shares of the firm’s stock in a transaction that occurred on Wednesday, November 8th. The stock was sold at an average price of $31.00, for a total transaction of $527,527.00. Following the transaction, the insider now directly owns 82,461 shares of the company’s stock, valued at $2,556,291. The disclosure for this sale can be found here. Insiders sold a total of 1,652,670 shares of company stock valued at $50,241,407 over the last ninety days. 1.41% of the stock is currently owned by insiders.
Genpact 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.
Receive News & Ratings for Genpact Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Genpact and related companies with MarketBeat.com's FREE daily email newsletter.