Genpact Limited (NYSE:G) – William Blair issued their Q1 2018 earnings per share estimates for Genpact in a note issued to investors on Tuesday. William Blair analyst M. Nolan anticipates that the business services provider will post earnings per share of $0.32 for the quarter. William Blair also issued estimates for Genpact’s Q2 2018 earnings at $0.39 EPS, Q3 2018 earnings at $0.42 EPS, Q4 2018 earnings at $0.45 EPS and FY2018 earnings at $1.56 EPS.
Genpact (NYSE:G) last issued its quarterly earnings results on Monday, February 12th. The business services provider reported $0.43 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.41 by $0.02. The business had revenue of $734.41 million during the quarter, compared to analyst estimates of $723.55 million. Genpact had a net margin of 9.61% and a return on equity of 23.53%. The business’s revenue was up 7.7% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $0.43 earnings per share.
Shares of Genpact (G) opened at $30.83 on Thursday. The company has a current ratio of 1.65, a quick ratio of 1.65 and a debt-to-equity ratio of 0.77. Genpact has a 12 month low of $23.34 and a 12 month high of $34.79. The firm has a market cap of $5,846.46, a price-to-earnings ratio of 23.01, a price-to-earnings-growth ratio of 1.89 and a beta of 0.57.
The company also recently declared a quarterly dividend, which will be paid on Wednesday, March 21st. Stockholders of record on Friday, March 9th will be issued a dividend of $0.075 per share. This is an increase from Genpact’s previous quarterly dividend of $0.06. The ex-dividend date of this dividend is Thursday, March 8th. This represents a $0.30 annualized dividend and a dividend yield of 0.97%. Genpact’s payout ratio is 17.91%.
In other news, SVP Arvinder Singh sold 22,855 shares of the business’s stock in a transaction on Friday, December 15th. The shares were sold at an average price of $32.23, for a total transaction of $736,616.65. Following the completion of the transaction, the senior vice president now owns 37,623 shares of the company’s stock, valued at $1,212,589.29. The sale was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, insider Private Ltd Gic sold 1,499,806 shares of the business’s stock in a transaction on Monday, November 20th. The shares were sold at an average price of $30.26, for a total transaction of $45,384,129.56. The disclosure for this sale can be found here. In the last three months, insiders have sold 1,660,470 shares of company stock valued at $50,598,982. Corporate insiders own 1.41% of the company’s stock.
A number of hedge funds have recently bought and sold shares of the stock. BlackRock Inc. lifted its holdings in Genpact by 6.6% in the fourth quarter. BlackRock Inc. now owns 12,772,040 shares of the business services provider’s stock worth $405,384,000 after purchasing an additional 785,600 shares during the period. Brown Advisory Inc. lifted its holdings in Genpact by 2.0% in the third quarter. Brown Advisory Inc. now owns 12,598,190 shares of the business services provider’s stock worth $362,198,000 after purchasing an additional 247,088 shares during the period. Alliancebernstein L.P. lifted its holdings in Genpact by 10.4% in the fourth quarter. Alliancebernstein L.P. now owns 3,158,448 shares of the business services provider’s stock worth $100,249,000 after purchasing an additional 297,894 shares during the period. Pzena Investment Management LLC lifted its holdings in Genpact by 7.7% in the fourth quarter. Pzena Investment Management LLC now owns 2,843,211 shares of the business services provider’s stock worth $90,243,000 after purchasing an additional 204,077 shares during the period. Finally, Congress Asset Management Co. MA lifted its holdings in Genpact by 1.9% in the fourth quarter. Congress Asset Management Co. MA now owns 2,665,625 shares of the business services provider’s stock worth $84,607,000 after purchasing an additional 50,390 shares during the period. 92.00% of the stock is owned by institutional investors and hedge funds.
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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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