Genpact Limited (NYSE:G) – Investment analysts at William Blair issued their Q1 2018 earnings per share estimates for Genpact Limited in a research report issued to clients and investors on Tuesday. William Blair analyst A. Doradla forecasts that the business services provider will post earnings per share of $0.36 for the quarter. William Blair also issued estimates for Genpact Limited’s Q2 2018 earnings at $0.41 EPS, Q3 2018 earnings at $0.43 EPS and Q4 2018 earnings at $0.44 EPS.

A number of other analysts have also recently weighed in on the company. Zacks Investment Research upgraded Genpact Limited from a “hold” rating to a “buy” rating and set a $33.00 price target on the stock in a research note on Tuesday, August 8th. Robert W. Baird restated an “outperform” rating and issued a $36.00 price target (up from $34.00) on shares of Genpact Limited in a research note on Tuesday, October 10th. BMO Capital Markets restated a “hold” rating on shares of Genpact Limited in a research note on Friday, October 6th. SunTrust Banks, Inc. restated a “buy” rating and issued a $34.00 price target on shares of Genpact Limited in a research note on Monday, October 9th. Finally, Wedbush restated an “outperform” rating and issued a $33.00 price target on shares of Genpact Limited in a research note on Wednesday, August 9th. Three analysts have rated the stock with a hold rating and seven have issued a buy rating to the company. The stock currently has a consensus rating of “Buy” and an average price target of $33.13.

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Shares of Genpact Limited (NYSE:G) opened at $31.18 on Friday. Genpact Limited has a 52 week low of $23.16 and a 52 week high of $31.93. The company has a quick ratio of 1.73, a current ratio of 1.73 and a debt-to-equity ratio of 0.82. The firm has a market capitalization of $6,018.80, a price-to-earnings ratio of 20.25, a price-to-earnings-growth ratio of 2.14 and a beta of 0.58.

Genpact Limited (NYSE:G) last announced its quarterly earnings data on Tuesday, November 7th. The business services provider reported $0.46 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.36 by $0.10. Genpact Limited had a return on equity of 24.21% and a net margin of 10.18%. The business had revenue of $708.82 million for the quarter, compared to analysts’ expectations of $685.25 million. During the same period last year, the firm earned $0.37 earnings per share. The company’s revenue for the quarter was up 9.3% compared to the same quarter last year.

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Alps Advisors Inc. grew its holdings in shares of Genpact Limited by 0.3% during the second quarter. Alps Advisors Inc. now owns 20,129 shares of the business services provider’s stock worth $560,000 after buying an additional 52 shares during the last quarter. Bronfman E.L. Rothschild L.P. grew its holdings in shares of Genpact Limited by 1.9% during the second quarter. Bronfman E.L. Rothschild L.P. now owns 5,053 shares of the business services provider’s stock worth $141,000 after buying an additional 94 shares during the last quarter. Sawtooth Solutions LLC grew its holdings in shares of Genpact Limited by 1.9% during the second quarter. Sawtooth Solutions LLC now owns 9,034 shares of the business services provider’s stock worth $251,000 after buying an additional 165 shares during the last quarter. YorkBridge Wealth Partners LLC grew its holdings in shares of Genpact Limited by 5.2% during the second quarter. YorkBridge Wealth Partners LLC now owns 3,793 shares of the business services provider’s stock worth $106,000 after buying an additional 189 shares during the last quarter. Finally, The Manufacturers Life Insurance Company grew its holdings in shares of Genpact Limited by 7.5% during the second quarter. The Manufacturers Life Insurance Company now owns 6,508 shares of the business services provider’s stock worth $181,000 after buying an additional 455 shares during the last quarter. 92.55% of the stock is currently owned by hedge funds and other institutional investors.

In other Genpact Limited news, CFO Edward J. Fitzpatrick sold 57,934 shares of the firm’s stock in a transaction dated Tuesday, August 22nd. The stock was sold at an average price of $28.54, for a total transaction of $1,653,436.36. Following the transaction, the chief financial officer now owns 113,520 shares of the company’s stock, valued at $3,239,860.80. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, Director Amit Chandra sold 275,508 shares of the firm’s stock in a transaction dated Friday, August 18th. The stock was sold at an average price of $28.72, for a total value of $7,912,589.76. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 10,396,187 shares of company stock worth $298,624,643. Corporate insiders own 1.41% of the company’s stock.

About Genpact Limited

Genpact Limited is engaged in providing digitally powered business process management and services. The Company is also engaged in designing, transforming and running a combination of processes, as well as providing solutions that combine elements of its service offerings. The Company’s segments include Business process outsourcing and Information technology services.

Earnings History and Estimates for Genpact Limited (NYSE:G)

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