Genpact Limited (NYSE:G) Given Consensus Recommendation of "Hold" by Brokerages

Shares of Genpact Limited (NYSE:G - Get Free Report) have earned an average rating of "Hold" from the nine analysts that are currently covering the stock, MarketBeat Ratings reports. Six equities research analysts have rated the stock with a hold recommendation and three have issued a buy recommendation on the company. The average twelve-month target price among brokers that have issued ratings on the stock in the last year is $48.44.

A number of analysts have recently issued reports on the company. Needham & Company LLC boosted their price objective on Genpact from $55.00 to $65.00 and gave the company a "buy" rating in a research report on Friday, February 7th. Mizuho increased their price objective on shares of Genpact from $45.00 to $55.00 and gave the company a "neutral" rating in a research note on Monday, February 10th. Jefferies Financial Group raised shares of Genpact from a "hold" rating to a "buy" rating and raised their price objective for the stock from $44.00 to $55.00 in a report on Tuesday, January 21st. Finally, TD Cowen raised shares of Genpact from a "hold" rating to a "buy" rating and upped their target price for the company from $45.00 to $60.00 in a research note on Friday, February 7th.

Insider Transactions at Genpact

In other Genpact news, CEO Balkrishan Kalra sold 13,600 shares of the business's stock in a transaction dated Thursday, March 13th. The shares were sold at an average price of $48.89, for a total value of $664,904.00. Following the completion of the transaction, the chief executive officer now directly owns 310,246 shares of the company's stock, valued at approximately $15,167,926.94. The trade was a 4.20 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, SVP Piyush Mehta sold 12,000 shares of the stock in a transaction that occurred on Friday, January 10th. The shares were sold at an average price of $42.83, for a total transaction of $513,960.00. Following the sale, the senior vice president now directly owns 151,182 shares in the company, valued at $6,475,125.06. This trade represents a 7.35 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 2.80% of the stock is owned by company insiders.

Institutional Inflows and Outflows

Large investors have recently bought and sold shares of the company. Coppell Advisory Solutions LLC raised its position in shares of Genpact by 529.5% during the fourth quarter. Coppell Advisory Solutions LLC now owns 598 shares of the business services provider's stock worth $25,000 after acquiring an additional 503 shares during the last quarter. SRH Advisors LLC acquired a new stake in Genpact in the fourth quarter worth about $26,000. Atlas Capital Advisors Inc. raised its holdings in Genpact by 55.8% during the 4th quarter. Atlas Capital Advisors Inc. now owns 603 shares of the business services provider's stock worth $26,000 after purchasing an additional 216 shares during the last quarter. Manchester Capital Management LLC acquired a new position in Genpact during the 4th quarter valued at about $38,000. Finally, GeoWealth Management LLC boosted its stake in shares of Genpact by 199.0% in the 4th quarter. GeoWealth Management LLC now owns 876 shares of the business services provider's stock valued at $38,000 after purchasing an additional 583 shares during the last quarter. Institutional investors and hedge funds own 96.03% of the company's stock.

Genpact Stock Performance

G stock traded down $0.22 on Friday, reaching $50.36. 907,934 shares of the company were exchanged, compared to its average volume of 1,487,568. The company has a debt-to-equity ratio of 0.50, a current ratio of 2.16 and a quick ratio of 1.85. Genpact has a 12 month low of $30.23 and a 12 month high of $56.76. The stock's fifty day moving average price is $50.50 and its 200 day moving average price is $44.86. The firm has a market capitalization of $8.85 billion, a PE ratio of 17.73, a PEG ratio of 1.84 and a beta of 1.16.

Genpact (NYSE:G - Get Free Report) last announced its quarterly earnings data on Thursday, February 6th. The business services provider reported $0.82 EPS for the quarter, missing analysts' consensus estimates of $0.86 by ($0.04). Genpact had a net margin of 10.77% and a return on equity of 22.50%. On average, research analysts anticipate that Genpact will post 3.21 EPS for the current fiscal year.

Genpact Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, March 26th. Stockholders of record on Tuesday, March 11th will be issued a dividend of $0.17 per share. This is a positive change from Genpact's previous quarterly dividend of $0.15. The ex-dividend date is Tuesday, March 11th. This represents a $0.68 annualized dividend and a dividend yield of 1.35%. Genpact's dividend payout ratio (DPR) is presently 23.94%.

About Genpact

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.