The price of Genpact Ltd (NYSE:G) shares last traded on Wall Street fell -0.42% to $42.70.
G stock price is now -0.13% away from the 50-day moving average and 16.91% away from the 200-day moving average. The market capitalization of the company currently stands at $7.53B.
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With the price target reduced from $43 to $40, JP Morgan Upgraded its rating from Underweight to Neutral for Genpact Ltd (NYSE: G). On January 30, 2024, Mizuho recently initiated its ‘Neutral’ rating on the stock quoting a target price of $40, while ‘Robert W. Baird’ rates the stock as ‘Neutral’
In other news, Kalra Balkrishan, President and CEO sold 13,600 shares of the company’s stock on Dec 13 ’24. The stock was sold for $606,560 at an average price of $44.60. Upon completion of the transaction, the President and CEO now directly owns 267,404 shares in the company, valued at $11.42 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Dec 13 ’24, Officer BALKRISHAN KALRA bought 13,600 shares of the business’s stock. A total of $606,574 was incurred on buying the stock at an average price of $44.60. A total of 8.44% of the company’s stock is owned by insiders.
During the past 12 months, Genpact Ltd has had a low of $30.23 and a high of $47.98. As of last week, the company has a debt-to-equity ratio of 0.78, a current ratio of 1.85, and a quick ratio of 1.85. According to the stock market information, the enterprise value for the company is $8270519808, which is based on a 11.71 price-to-earnings ratio, a 1.24 price-to-earnings-growth ratio, and a beta of 1.19. The fifty day moving average price for G is $42.6828 and a two-hundred day moving average price translates $36.4813 for the stock.
The latest earnings results from Genpact Ltd (NYSE: G) was released for 2024-09-30. The net profit margin was 14.22% and return on equity was 30.11% for G. The company reported revenue of $1.21 billion for the quarter, compared to $1.14 billion a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 6.62 percent.
