Genpact (NYSE:G – Free Report) had its target price upped by Needham & Company LLC from $45.00 to $55.00 in a research note published on Friday morning, Marketbeat.com reports. The firm currently has a buy rating on the business services provider’s stock.
G has been the topic of a number of other research reports. TD Cowen increased their target price on Genpact from $42.00 to $43.00 and gave the stock a “buy” rating in a research note on Friday, August 7th. JPMorgan Chase & Co. raised their price target on shares of Genpact from $40.00 to $45.00 and gave the stock a “neutral” rating in a research report on Friday, August 7th. Deutsche Bank Aktiengesellschaft set a $31.00 target price on shares of Genpact in a research report on Friday, July 10th. Wall Street Zen raised shares of Genpact from a “hold” rating to a “buy” rating in a report on Saturday, October 3rd. Finally, BMO Capital Markets restated a “market perform” rating and set a $40.00 price objective on shares of Genpact in a research note on Friday, August 7th. Two investment analysts have rated the stock with a Buy rating and seven have issued a Hold rating to the company. Based on data from MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus price target of $41.00.
Genpact Stock Performance
Shares of G stock traded up $1.14 during trading on Friday, reaching $42.24. 3,931,711 shares of the company’s stock were exchanged, compared to its average volume of 1,797,965. Genpact has a twelve month low of $26.85 and a twelve month high of $48.64. The firm’s fifty day moving average price is $36.53 and its 200-day moving average price is $35.53. The company has a quick ratio of 2.00, a current ratio of 2.00 and a debt-to-equity ratio of 0.44. The stock has a market capitalization of $7.06 billion, a PE ratio of 12.32, a PEG ratio of 1.08 and a beta of 0.53.
Genpact (NYSE:G – Get Free Report) last released its quarterly earnings data on Thursday, November 5th. The business services provider reported $1.07 EPS for the quarter, topping analysts’ consensus estimates of $1.04 by $0.03. Genpact had a net margin of 11.04% and a return on equity of 23.34%. The firm had revenue of $1.39 billion during the quarter, compared to analysts’ expectations of $1.38 billion. During the same period in the previous year, the business posted $0.97 earnings per share. The company’s revenue for the quarter was up 7.3% compared to the same quarter last year. As a group, sell-side analysts anticipate that Genpact will post 3.66 EPS for the current year.
Genpact Announces Dividend
The business also recently declared a quarterly dividend, which will be paid on Wednesday, December 23rd. Stockholders of record on Thursday, December 10th will be paid a $0.1875 dividend. This represents a $0.75 dividend on an annualized basis and a dividend yield of 1.8%. The ex-dividend date is Thursday, December 10th. Genpact’s dividend payout ratio (DPR) is presently 22.26%.
Insider Activity
In related news, SVP Anil Nanduru sold 6,191 shares of the company’s stock in a transaction that occurred on Wednesday, August 19th. The shares were sold at an average price of $37.03, for a total transaction of $229,252.73. Following the completion of the transaction, the senior vice president directly owned 70,253 shares in the company, valued at $2,601,468.59. This represents a 8.10% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Company insiders own 1.58% of the company’s stock.
Institutional Trading of Genpact
A number of hedge funds have recently added to or reduced their stakes in the stock. Allworth Financial LP grew its stake in shares of Genpact by 8.5% during the third quarter. Allworth Financial LP now owns 4,078 shares of the business services provider’s stock worth $133,000 after buying an additional 321 shares during the last quarter. Illinois Municipal Retirement Fund increased its stake in shares of Genpact by 0.9% in the third quarter. Illinois Municipal Retirement Fund now owns 119,753 shares of the business services provider’s stock valued at $3,896,000 after buying an additional 1,103 shares during the period. Csenge Advisory Group acquired a new position in shares of Genpact in the third quarter valued at approximately $244,000. Flynn Zito Capital Management LLC raised its holdings in Genpact by 4.8% in the 3rd quarter. Flynn Zito Capital Management LLC now owns 8,910 shares of the business services provider’s stock valued at $290,000 after buying an additional 408 shares during the last quarter. Finally, Ballast Asset Management LP raised its holdings in Genpact by 16.1% in the 3rd quarter. Ballast Asset Management LP now owns 138,556 shares of the business services provider’s stock valued at $4,507,000 after buying an additional 19,230 shares during the last quarter. Institutional investors and hedge funds own 96.03% of the company’s stock.
Key Genpact News
Here are the key news stories impacting Genpact this week:
- Positive Sentiment: Genpact reported third-quarter adjusted EPS of $1.07, above estimates of about $1.04–$1.05 and up from $0.97 a year earlier. Revenue increased 7.3% year over year, while ATS revenue grew about 30% and gross margin expanded. Management raised its 2026 gross-margin and adjusted-EPS outlook. G Q3 Earnings Beat Estimates on ATS Growth, Margins Expand
- Positive Sentiment: Needham raised its price target from $45 to $55 and maintained a Buy rating, signaling further potential upside in its view. Needham analyst recommendations
- Neutral Sentiment: Susquehanna lifted its target from $40 to $42 but kept a Neutral rating, indicating a more cautious view than Needham’s. Susquehanna analyst recommendations
- Negative Sentiment: Genpact’s fourth-quarter 2026 revenue guidance of $1.2 billion is below the reported consensus estimate of $1.4 billion, a potential concern that could temper the positive reaction to the quarterly results.
About Genpact
Genpact (NYSE: G) is a global professional services and business process management company that helps organizations improve operations through digital transformation, data and analytics, artificial intelligence, and industry-specific expertise. The company combines technology with operational services to support clients across core business functions.
Its offerings include finance and accounting, procurement, supply chain management, customer experience, risk and compliance, insurance operations, and banking and capital markets services.
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