Somewhat Favorable Media Coverage Somewhat Unlikely to Affect Genpact (G) Stock Price
News headlines about Genpact (NYSE:G) have trended somewhat positive this week, Accern Sentiment Analysis reports. The research group scores the sentiment of news coverage by reviewing more than 20 million blog and news sources. Accern ranks coverage of companies on a scale of negative one to one, with scores nearest to one being the most favorable. Genpact earned a daily sentiment score of 0.09 on Accern’s scale. Accern also assigned press coverage about the business services provider an impact score of 45.133036417635 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the near term.
These are some of the news stories that may have impacted Accern’s rankings:
- Consumers Want Privacy, Better Data Protection from Artificial Intelligence, Finds New Genpact Research (finance.yahoo.com)
- ETFs with exposure to Genpact Ltd. : December 5, 2017 (finance.yahoo.com)
- What Investors Should Know About Genpact Limited’s (G) Financial Strength (finance.yahoo.com)
- Genpact Limited (G) Declares $0.06 Quarterly Dividend (americanbankingnews.com)
- Genpact (G) Touches 52-Week High on Expanding Clientele (zacks.com)
Genpact (NYSE G) traded down $0.21 during trading on Wednesday, reaching $31.95. The company’s stock had a trading volume of 1,304,492 shares, compared to its average volume of 1,040,368. The company has a debt-to-equity ratio of 0.77, a quick ratio of 1.65 and a current ratio of 1.65. Genpact has a 52 week low of $23.34 and a 52 week high of $32.51. The stock has a market capitalization of $6,225.62, a PE ratio of 20.94, a PEG ratio of 2.20 and a beta of 0.58.
The firm also recently declared a quarterly dividend, which will be paid on Wednesday, December 20th. Shareholders of record on Friday, December 8th will be paid a $0.06 dividend. This represents a $0.24 dividend on an annualized basis and a yield of 0.75%. The ex-dividend date is Thursday, December 7th. Genpact’s dividend payout ratio (DPR) is presently 17.39%.
A number of equities research analysts recently weighed in on G shares. Robert W. Baird restated a “buy” rating and set a $38.00 price objective on shares of Genpact in a research note on Friday, November 10th. Zacks Investment Research upgraded Genpact from a “sell” rating to a “hold” rating and set a $35.00 price objective for the company in a research note on Friday, November 10th. Cantor Fitzgerald restated a “buy” rating and set a $36.00 price objective on shares of Genpact in a research note on Wednesday, November 8th. Cowen restated a “buy” rating and set a $33.00 price objective on shares of Genpact in a research note on Thursday, October 12th. Finally, SunTrust Banks restated a “buy” rating and set a $34.00 price objective on shares of Genpact in a research note 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. The stock currently has a consensus rating of “Buy” and a consensus price target of $33.38.
In other Genpact news, insider Mohit Thukral sold 25,000 shares of the stock in a transaction dated Tuesday, November 28th. The stock was sold at an average price of $32.25, for a total value of $806,250.00. Following the completion of the sale, the insider now directly owns 85,305 shares in the company, valued at $2,751,086.25. The transaction was disclosed in a document filed with the SEC, which is available at this link. Also, insider Private Ltd Gic sold 1,499,806 shares of the stock in a transaction dated Monday, November 20th. The shares were sold at an average price of $30.26, for a total value of $45,384,129.56. The disclosure for this sale can be found here. Over the last quarter, insiders sold 1,575,051 shares of company stock valued at $47,739,747. 1.41% of the stock is currently owned by company insiders.
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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.
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