Genpact Ltd (NYSE: G) is 32.01% higher on its value in year-to-date trading and has touched a low of $30.23 and a high of $47.98 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 $44.64 in the last trading session, with the day’s gains setting it 1.18%.
Currently trading at $45.82, the stock is 8.51% and 13.87% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.27 million and changing 2.64% at the moment leaves the stock 29.13% off its SMA200. G registered 36.05% gain for a year compared to 6-month gain of 35.44%. The firm has a 50-day simple moving average (SMA 50) of $40.094 and a 200-day simple moving average (SMA200) of $35.4291.
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The stock witnessed a 19.42% loss in the last 1 month and extending the period to 3 months gives it a 17.16%, and is 1.60% 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 1.97% over the week and 2.09% over the month.
Genpact Ltd (G) has around 129100 employees, a market worth around $8.08B and $4.66B in sales. Current P/E ratio is 12.57 and Fwd P/E is 13.27. Profit margin for the company is 14.22%. Distance from 52-week low is 51.57% and -4.50% from its 52-week high. The company has generated returns on investments over the last 12 months (17.60%).
Genpact Ltd quarterly earnings per share for the current quarter are estimated at 0.86 with sales reaching $1.23B over the same period.The EPS is expected to grow by 8.52% this year, but quarterly earnings will post 6.06% year-over-year. Quarterly sales are estimated to grow 7.34% in year-over-year returns.
537.0 institutions hold shares in Genpact Ltd (G), with institutional investors hold 103.97% of the company’s shares. The shares outstanding are 179.49M, and float is at 161.62M with Short Float at 3.22%. Institutions hold 102.87% 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 458 shares of the company’s common stock on Nov 18 ’24 at a price of $44.88 per share for a total of $20556.0. Following the sale, the insider now owns 14755.0 shares.
Genpact Ltd disclosed in a document filed with the SEC on Nov 12 ’24 that Mehta Piyush (Senior Vice President and CHRO) sold a total of 70,000 shares of the company’s common stock. The trade occurred on Nov 12 ’24 and was made at $46.46 per share for $3.25 million. Following the transaction, the insider now directly holds 0.16 million shares of the G stock.
Still, SEC filings show that on Nov 12 ’24, Tyagarajan N. V. (Director) disposed off 2,000 shares at an average price of $46.70 for $93400.0. The insider now directly holds 5,300 shares of Genpact Ltd (G).
