Wall Street Zen upgraded shares of Genpact (NYSE:G – Free Report) from a hold rating to a buy rating in a report released on Saturday.
Several other equities research analysts have also recently issued reports on the stock. Susquehanna assumed coverage on shares of Genpact in a research report on Friday, December 12th. They issued a “neutral” rating and a $50.00 price objective for the company. Citigroup upgraded Genpact to a “hold” rating in a report on Thursday, October 23rd. Finally, Weiss Ratings restated a “hold (c+)” rating on shares of Genpact in a report on Friday, December 26th. Three analysts have rated the stock with a Buy rating and seven have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company has a consensus rating of “Hold” and an average price target of $51.00.
Check Out Our Latest Stock Report on Genpact
Genpact Trading Up 1.3%
Genpact (NYSE:G – Get Free Report) last announced its quarterly earnings data on Thursday, November 6th. The business services provider reported $0.97 EPS for the quarter, beating the consensus estimate of $0.90 by $0.07. The company had revenue of $1.29 billion for the quarter, compared to the consensus estimate of $1.27 billion. Genpact had a return on equity of 22.55% and a net margin of 11.01%.Genpact’s quarterly revenue was up 6.6% on a year-over-year basis. During the same quarter in the prior year, the company posted $0.85 EPS. Genpact has set its FY 2025 guidance at 3.600-3.610 EPS and its Q4 2025 guidance at 0.930-0.940 EPS. On average, equities analysts forecast that Genpact will post 3.21 EPS for the current year.
Insiders Place Their Bets
In related news, Director Tamara Franklin sold 2,750 shares of the company’s stock in a transaction on Wednesday, November 12th. The stock was sold at an average price of $45.65, for a total transaction of $125,537.50. Following the completion of the sale, the director directly owned 22,236 shares in the company, valued at $1,015,073.40. This represents a 11.01% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this link. Also, SVP Sameer Dewan sold 26,531 shares of the firm’s stock in a transaction dated Tuesday, November 11th. The shares were sold at an average price of $44.70, for a total value of $1,185,935.70. Following the sale, the senior vice president directly owned 62,617 shares in the company, valued at approximately $2,798,979.90. The trade was a 29.76% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. 3.07% of the stock is owned by corporate insiders.
Institutional Inflows and Outflows
A number of institutional investors and hedge funds have recently modified their holdings of the company. SG Americas Securities LLC raised its stake in shares of Genpact by 79.3% during the 4th quarter. SG Americas Securities LLC now owns 53,156 shares of the business services provider’s stock worth $2,487,000 after acquiring an additional 23,502 shares in the last quarter. True Wealth Design LLC increased its position in shares of Genpact by 47.1% during the fourth quarter. True Wealth Design LLC now owns 2,453 shares of the business services provider’s stock worth $115,000 after purchasing an additional 785 shares in the last quarter. Wealth Enhancement Advisory Services LLC lifted its holdings in shares of Genpact by 145.8% during the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 89,835 shares of the business services provider’s stock valued at $4,271,000 after purchasing an additional 53,294 shares during the last quarter. NorthCrest Asset Manangement LLC boosted its position in shares of Genpact by 76.7% in the 4th quarter. NorthCrest Asset Manangement LLC now owns 22,804 shares of the business services provider’s stock worth $1,063,000 after purchasing an additional 9,901 shares in the last quarter. Finally, Sagespring Wealth Partners LLC acquired a new stake in shares of Genpact in the 4th quarter worth $252,000. Hedge funds and other institutional investors own 96.03% of the company’s stock.
About Genpact
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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