Zacks: Analysts Expect Genpact Limited (G) to Announce $0.41 EPS

Equities research analysts expect that Genpact Limited (NYSE:G) will report $0.41 earnings per share for the current quarter, Zacks Investment Research reports. Seven analysts have made estimates for Genpact’s earnings, with the highest EPS estimate coming in at $0.42 and the lowest estimate coming in at $0.40. Genpact reported earnings of $0.43 per share in the same quarter last year, which would indicate a negative year-over-year growth rate of 4.7%. The firm is expected to announce its next earnings report after the market closes on Monday, February 12th.

On average, analysts expect that Genpact will report full year earnings of $1.60 per share for the current fiscal year, with EPS estimates ranging from $1.59 to $1.62. For the next year, analysts anticipate that the firm will post earnings of $1.77 per share, with EPS estimates ranging from $1.65 to $1.81. Zacks Investment Research’s earnings per share averages are an average based on a survey of analysts that that provide coverage for Genpact.

Genpact (NYSE:G) last released its quarterly earnings results on Tuesday, November 7th. The business services provider reported $0.46 EPS for the quarter, topping the consensus estimate of $0.36 by $0.10. The company had revenue of $708.82 million for the quarter, compared to analyst estimates of $685.25 million. Genpact had a return on equity of 23.86% and a net margin of 10.18%. The firm’s revenue was up 9.3% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.37 earnings per share.

G has been the topic of a number of recent research reports. SunTrust Banks reissued a “buy” rating and issued a $34.00 target price on shares of Genpact in a report on Monday, October 9th. Zacks Investment Research lowered Genpact from a “buy” rating to a “hold” rating in a report on Tuesday, January 9th. BMO Capital Markets reissued a “hold” rating on shares of Genpact in a report on Friday, October 6th. Robert W. Baird reissued an “outperform” rating and issued a $36.00 target price (up previously from $34.00) on shares of Genpact in a report on Tuesday, October 10th. Finally, Cantor Fitzgerald reissued a “buy” rating and issued a $36.00 target price on shares of Genpact in a report on Wednesday, November 8th. Three research analysts have rated the stock with a hold rating and seven have assigned a buy rating to the stock. The company has a consensus rating of “Buy” and a consensus price target of $33.38.

Genpact (NYSE G) opened at $34.33 on Tuesday. The company has a market capitalization of $6,710.15, a P/E ratio of 24.88, a price-to-earnings-growth ratio of 2.16 and a beta of 0.58. Genpact has a 12-month low of $23.34 and a 12-month high of $34.79. The company has a debt-to-equity ratio of 0.77, a quick ratio of 1.65 and a current ratio of 1.65.

In related news, insider Mohit Thukral sold 25,000 shares of Genpact stock in a transaction that occurred on Tuesday, November 28th. The stock was sold at an average price of $32.25, for a total value of $806,250.00. Following the sale, the insider now directly owns 85,305 shares in the company, valued at $2,751,086.25. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link. Also, insider Private Ltd Gic sold 1,499,806 shares of Genpact stock in a transaction that occurred on Monday, November 20th. The shares were sold at an average price of $30.26, for a total value of $45,384,129.56. The disclosure for this sale can be found here. In the last three months, insiders sold 1,654,797 shares of company stock worth $50,356,184. Corporate insiders own 1.41% of the company’s stock.

Several institutional investors have recently bought and sold shares of the stock. Commerzbank Aktiengesellschaft FI boosted its stake in shares of Genpact by 13.7% in the fourth quarter. Commerzbank Aktiengesellschaft FI now owns 18,726 shares of the business services provider’s stock valued at $594,000 after buying an additional 2,260 shares in the last quarter. Robeco Institutional Asset Management B.V. purchased a new stake in Genpact during the fourth quarter worth $38,064,000. Boston Advisors LLC purchased a new stake in Genpact during the fourth quarter worth $1,014,000. Jag Capital Management LLC purchased a new stake in Genpact during the fourth quarter worth $11,430,000. Finally, First Manhattan Co. purchased a new stake in Genpact during the fourth quarter worth $322,000. Hedge funds and other institutional investors own 91.48% of the company’s stock.

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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.

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Earnings History and Estimates for Genpact (NYSE:G)

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