Genpact (NYSE:G) Upgraded by Wall Street Zen to Buy Rating

Wall Street Zen upgraded shares of Genpact (NYSE:G) from a hold rating to a buy rating in a research report report published on Saturday.

G has been the subject of a number of other reports. Citigroup upgraded Genpact to a “hold” rating in a research report on Thursday, October 23rd. Needham & Company LLC lifted their price target on shares of Genpact from $50.00 to $53.00 and gave the stock a “buy” rating in a research report on Friday, August 8th. Weiss Ratings reissued a “hold (c)” rating on shares of Genpact in a research note on Wednesday, October 8th. Finally, JPMorgan Chase & Co. reduced their price objective on shares of Genpact from $55.00 to $50.00 and set a “neutral” rating on the stock in a research note on Wednesday, August 20th. Three investment analysts have rated the stock with a Buy rating and six have issued a Hold rating to the stock. According to MarketBeat, the stock presently has a consensus rating of “Hold” and an average target price of $51.13.

Genpact Stock Performance

Shares of Genpact stock opened at $44.87 on Friday. The company has a debt-to-equity ratio of 0.33, a current ratio of 1.51 and a quick ratio of 1.53. The firm has a 50 day simple moving average of $41.12 and a 200 day simple moving average of $43.21. Genpact has a fifty-two week low of $37.49 and a fifty-two week high of $56.76. The firm has a market cap of $7.74 billion, a P/E ratio of 14.47, a P/E/G ratio of 1.44 and a beta of 0.85.

Genpact (NYSE:G) last announced its quarterly earnings data on Thursday, November 6th. The business services provider reported $0.97 EPS for the quarter, beating analysts’ consensus estimates of $0.90 by $0.07. The firm had revenue of $1.29 billion for the quarter, compared to analyst estimates of $1.27 billion. Genpact had a return on equity of 22.55% and a net margin of 11.01%.The business’s quarterly revenue was up 6.6% compared to the same quarter last year. During the same period last year, the company earned $0.85 EPS. Genpact has set its FY 2025 guidance at 3.600-3.610 EPS. Q4 2025 guidance at 0.930-0.940 EPS. Sell-side analysts predict that Genpact will post 3.21 earnings per share for the current fiscal year.

Genpact Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Tuesday, December 23rd. Stockholders of record on Tuesday, December 9th will be issued a dividend of $0.17 per share. This represents a $0.68 dividend on an annualized basis and a dividend yield of 1.5%. The ex-dividend date of this dividend is Tuesday, December 9th. Genpact’s dividend payout ratio is 21.94%.

Insider Activity

In related news, Director Tamara Franklin sold 2,750 shares of Genpact stock in a transaction that occurred on Wednesday, November 12th. The shares were sold at an average price of $45.65, for a total value of $125,537.50. Following the transaction, the director directly owned 22,236 shares of the company’s stock, valued at $1,015,073.40. This trade represents a 11.01% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, SVP Sameer Dewan sold 26,531 shares of the company’s stock in a transaction on Tuesday, November 11th. The stock was sold at an average price of $44.70, for a total value of $1,185,935.70. Following the sale, the senior vice president owned 62,617 shares of the company’s stock, valued at $2,798,979.90. The trade was a 29.76% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last ninety days, insiders sold 161,183 shares of company stock valued at $6,970,760. 3.07% of the stock is owned by insiders.

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of G. Wealth Enhancement Advisory Services LLC grew its position in Genpact by 2.5% during the 2nd quarter. Wealth Enhancement Advisory Services LLC now owns 9,890 shares of the business services provider’s stock worth $454,000 after acquiring an additional 240 shares during the last quarter. Sylvest Advisors LLC boosted its stake in shares of Genpact by 1.5% during the second quarter. Sylvest Advisors LLC now owns 17,902 shares of the business services provider’s stock valued at $788,000 after purchasing an additional 258 shares in the last quarter. OneAscent Investment Solutions LLC grew its holdings in shares of Genpact by 3.7% during the third quarter. OneAscent Investment Solutions LLC now owns 7,770 shares of the business services provider’s stock worth $325,000 after purchasing an additional 280 shares during the last quarter. JLB & Associates Inc. grew its holdings in shares of Genpact by 0.8% during the third quarter. JLB & Associates Inc. now owns 37,646 shares of the business services provider’s stock worth $1,577,000 after purchasing an additional 292 shares during the last quarter. Finally, Global X Japan Co. Ltd. increased its stake in shares of Genpact by 33.0% in the third quarter. Global X Japan Co. Ltd. now owns 1,190 shares of the business services provider’s stock valued at $50,000 after buying an additional 295 shares during the period. 96.03% of the stock is currently owned by institutional investors and hedge funds.

Genpact Company Profile

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.