Genpact (G) Given Daily Coverage Optimism Score of 0.18

News coverage about Genpact (NYSE:G) has trended somewhat positive this week, according to Accern Sentiment. The research group ranks the sentiment of news coverage by monitoring more than 20 million news and blog sources. Accern ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Genpact earned a media sentiment score of 0.18 on Accern’s scale. Accern also assigned headlines about the business services provider an impact score of 45.8082846542514 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the stock’s share price in the immediate future.

These are some of the headlines that may have effected Accern Sentiment Analysis’s analysis:

Genpact (G) traded down $0.42 during mid-day trading on Friday, reaching $31.74. The company’s stock had a trading volume of 1,142,534 shares, compared to its average volume of 983,769. Genpact has a 1-year low of $23.34 and a 1-year high of $32.80. The company has a quick ratio of 1.65, a current ratio of 1.65 and a debt-to-equity ratio of 0.77. The company has a market cap of $6,208.24, a P/E ratio of 23.00, a price-to-earnings-growth ratio of 2.20 and a beta of 0.58.

Genpact (NYSE:G) last posted its quarterly earnings results on Tuesday, November 7th. The business services provider reported $0.46 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $0.36 by $0.10. Genpact had a return on equity of 23.86% and a net margin of 10.18%. The business had revenue of $708.82 million during the quarter, compared to the consensus estimate of $685.25 million. During the same period in the prior year, the company posted $0.37 EPS. The firm’s revenue for the quarter was up 9.3% compared to the same quarter last year. equities analysts predict that Genpact will post 1.47 EPS for the current fiscal year.

The firm also recently declared a quarterly dividend, which was paid on Wednesday, December 20th. Shareholders of record on Friday, December 8th were paid a $0.06 dividend. The ex-dividend date of this dividend was Thursday, December 7th. This represents a $0.24 annualized dividend and a yield of 0.76%. Genpact’s payout ratio is 17.39%.

A number of brokerages recently issued reports on G. Robert W. Baird reiterated a “buy” rating and set a $38.00 price objective on shares of Genpact in a research note on Friday, November 10th. Zacks Investment Research upgraded Genpact from a “sell” rating to a “hold” rating and set a $35.00 price objective for the company in a research note on Friday, November 10th. Cantor Fitzgerald reiterated a “buy” rating and set a $36.00 price objective on shares of Genpact in a research note on Wednesday, November 8th. Cowen reiterated a “buy” rating and set a $33.00 price objective on shares of Genpact in a research note on Thursday, October 12th. Finally, SunTrust Banks reiterated a “buy” rating and set a $34.00 price objective on shares of Genpact in a research note on Monday, October 9th. Three investment analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company’s stock. The stock currently has a consensus rating of “Buy” and an average price target of $33.38.

In other news, insider Piyush Mehta sold 17,017 shares of the company’s stock in a transaction that occurred on Wednesday, November 8th. The stock was sold at an average price of $31.00, for a total transaction of $527,527.00. Following the sale, the insider now directly owns 82,461 shares of the company’s stock, valued at approximately $2,556,291. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, SVP Arvinder Singh sold 22,855 shares of the company’s stock in a transaction that occurred on Friday, December 15th. The stock was sold at an average price of $32.23, for a total value of $736,616.65. Following the sale, the senior vice president now directly owns 37,623 shares in the company, valued at $1,212,589.29. The disclosure for this sale can be found here. Insiders sold a total of 1,675,525 shares of company stock valued at $50,978,024 over the last 90 days. 1.41% of the stock is currently owned by corporate insiders.

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Genpact Company Profile

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.

Insider Buying and Selling by Quarter for Genpact (NYSE:G)

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