Genpact (NYSE:G) Raised to Buy at Wall Street Zen

by · The Cerbat Gem

Genpact (NYSE:G – Get Free Report) was upgraded by investment analysts at Wall Street Zen from a “hold” rating to a “buy” rating in a note issued to investors on Saturday.

A number of other brokerages have also weighed in on G. Citigroup raised shares of Genpact to a “hold” rating in a research note on Thursday, October 23rd. Weiss Ratings reiterated a “hold (c+)” rating on shares of Genpact in a report on Friday, December 26th. Finally, Susquehanna initiated coverage on Genpact in a research report on Friday, December 12th. They issued a “neutral” rating and a $50.00 target price on the stock. Three analysts have rated the stock with a Buy rating and seven have given a Hold rating to the company. Based on data from MarketBeat, the stock has an average rating of “Hold” and a consensus price target of $51.00.

Read Our Latest Report on Genpact

Genpact Price Performance

NYSE G opened at $48.24 on Friday. The company has a debt-to-equity ratio of 0.33, a quick ratio of 1.51 and a current ratio of 1.51. The stock has a market cap of $8.32 billion, a price-to-earnings ratio of 15.56, a PEG ratio of 1.43 and a beta of 0.75. The business has a 50 day simple moving average of $45.48 and a 200 day simple moving average of $43.83. Genpact has a 52-week low of $37.49 and a 52-week high of $56.76.

Genpact (NYSE:G – Get Free Report) last announced its quarterly earnings results on Thursday, November 6th. The business services provider reported $0.97 earnings per share 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 net margin of 11.01% and a return on equity of 22.55%. The business’s revenue was up 6.6% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.85 earnings per share. Genpact has set its FY 2025 guidance at 3.600-3.610 EPS and its Q4 2025 guidance at 0.930-0.940 EPS. Analysts anticipate that Genpact will post 3.21 earnings per share for the current fiscal year.

Insider Buying and Selling

In other news, SVP Sameer Dewan sold 26,531 shares of the stock in a transaction that occurred 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 completion of the sale, the senior vice president owned 62,617 shares of the company’s stock, valued at approximately $2,798,979.90. This represents a 29.76% decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, Director Tamara Franklin sold 2,750 shares of the firm’s stock in a transaction on Wednesday, November 12th. The shares were sold at an average price of $45.65, for a total transaction of $125,537.50. Following the completion of the transaction, the director directly owned 22,236 shares of the company’s stock, valued at $1,015,073.40. This represents a 11.01% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. 3.07% of the stock is owned by company insiders.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently made changes to their positions in the business. Dimensional Fund Advisors LP raised its stake in Genpact by 8.7% in the 3rd quarter. Dimensional Fund Advisors LP now owns 3,978,210 shares of the business services provider’s stock valued at $166,651,000 after acquiring an additional 319,861 shares during the period. JPMorgan Chase & Co. raised its position in shares of Genpact by 17.1% in the third quarter. JPMorgan Chase & Co. now owns 3,762,407 shares of the business services provider’s stock valued at $157,609,000 after purchasing an additional 549,117 shares during the period. Geode Capital Management LLC lifted its stake in shares of Genpact by 2.5% during the 2nd quarter. Geode Capital Management LLC now owns 3,645,967 shares of the business services provider’s stock worth $160,480,000 after buying an additional 90,541 shares during the last quarter. AQR Capital Management LLC boosted its holdings in shares of Genpact by 170.4% during the 3rd quarter. AQR Capital Management LLC now owns 3,443,472 shares of the business services provider’s stock worth $144,247,000 after buying an additional 2,170,145 shares during the period. Finally, Tandem Investment Advisors Inc. boosted its holdings in shares of Genpact by 13.6% during the 3rd quarter. Tandem Investment Advisors Inc. now owns 2,936,194 shares of the business services provider’s stock worth $122,997,000 after buying an additional 351,871 shares during the period. 96.03% of the stock is currently owned by institutional investors.

About Genpact

(Get Free Report)

Genpact is a global professional services firm specializing in digitally powered business process management and services. The company partners with clients across industries to design, transform and run key operations, leveraging data analytics, artificial intelligence, automation and domain expertise. Its offerings span finance and accounting, supply chain management, procurement, customer experience, risk and compliance, and other critical business functions.

Founded in 1997 as the business process outsourcing arm of General Electric and originally known as GE Capital International Services, the company rebranded as Genpact in 2005 and completed its initial public offering on the New York Stock Exchange in 2007 under the ticker symbol “G.” Over time, Genpact has expanded beyond traditional outsourcing to focus on digital transformation and innovation, helping organizations accelerate growth and improve operational efficiency.

Headquartered in New York City, Genpact serves clients in more than 30 countries across North America, Latin America, Europe and Asia Pacific.

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