Genpact Ltd (NYSE: G) is 12.71% higher on its value in year-to-date trading and has touched a low of $29.41 and a high of $39.95 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The G stock was last observed hovering at around $39.11 in the last trading session, with the day’s gains setting it 0.01%.
Currently trading at $39.12, the stock is 8.38% and 15.67% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.92 million and changing 0.03% at the moment leaves the stock 15.81% off its SMA200. G registered 8.22% gain for a year compared to 6-month loss of 8.70%.
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The stock witnessed a 13.85% gain in the last 1 month and extending the period to 3 months gives it a 16.74%, and is 1.19% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 1.48% over the week and 2.00% over the month.
Genpact Ltd (G) has around 129100 employees, a market worth around $6.97B and $4.59B in sales. Current P/E ratio is 11.03 and Fwd P/E is 11.56. Profit margin for the company is 14.12%. Distance from 52-week low is 33.02% and -2.08% from its 52-week high. The company has generated returns on investments over the last 12 months (17.37%).
The EPS is expected to grow by 5.95% this year.
Genpact Ltd (G) Top Institutional Holders
502.0 institutions hold shares in Genpact Ltd (G), with institutional investors hold 102.19% of the company’s shares. The shares outstanding are 179.49M, and float is at 163.43M with Short Float at 2.75%. Institutions hold 101.12% of the Float.
The top institutional shareholder in the company is FMR LLC with over 27.0 million shares valued at $868.98 million. The investor’s holdings represent 14.9628% of the G Shares outstanding. As of 2024-06-30, the second largest holder is BLACKROCK INC. with 19.93 million shares valued at $641.45 million to account for 11.0451 of the shares outstanding. The other top investors are VANGUARD GROUP INC which holds 17.19 million shares representing 9.528% and valued at over $553.35 million, while NALANDA INDIA EQUITY FUND LTD holds 7.032 of the shares totaling 12.69 million with a market value of $408.39 million.
Genpact Ltd (G) Insider Activity
The most recent transaction is an insider sale by Klunk Donald J, the company’s Chief Accounting Officer. SEC filings show that Klunk Donald J sold 800 shares of the company’s common stock on Aug 14 ’24 at a price of $37.50 per share for a total of $30003.0. Following the sale, the insider now owns 9975.0 shares.
Genpact Ltd disclosed in a document filed with the SEC on Jun 05 ’24 that Tyagarajan N. V. (Director) sold a total of 1,000 shares of the company’s common stock. The trade occurred on Jun 05 ’24 and was made at $33.17 per share for $33170.0. Following the transaction, the insider now directly holds 7300.0 shares of the G stock.
Still, SEC filings show that on Feb 15 ’24, Klunk Donald J (Chief Accounting Officer) disposed off 1,845 shares at an average price of $36.27 for $66910.0. The insider now directly holds 6,922 shares of Genpact Ltd (G).
