Share on StockTwits
 

Genpact (NYSE:G) announced its earnings results on Thursday. The company reported $0.25 earnings per share for the quarter, meeting the analysts’ consensus estimate of $0.25, Analyst Ratings.Net reports. The company had revenue of $558.50 million for the quarter, compared to the consensus estimate of $550.34 million.

A number of analysts have recently weighed in on G shares. Analysts at Goldman Sachs Group Inc. downgraded shares of Genpact from a “neutral” rating to a “sell” rating in a research note to investors on Thursday, January 23rd. They now have a $15.00 price target on the stock, down previously from $18.00. Analysts at Morgan Stanley upgraded shares of Genpact to an “overweight” rating in a research note to investors on Wednesday, November 13th. One research analyst has rated the stock with a sell rating, two have assigned a hold rating and three have issued a buy rating to the company. The stock has a consensus rating of “Hold” and an average target price of $19.40.

Shares of Genpact (NYSE:G) traded up 1.12% during mid-day trading on Thursday, hitting $17.23. 891,796 shares of the company’s stock traded hands. Genpact has a 1-year low of $16.00 and a 1-year high of $21.30. The stock’s 50-day moving average is $17.64 and its 200-day moving average is $18.8. The company has a market cap of $3.966 billion and a P/E ratio of 17.04.

Genpact Limited (NYSE:G) is engaged in business process management and information technology services, leveraging the power of processes, analytics and technology to help its clients drive intelligence across their enterprises.

Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.