Analysts expect that Genpact Limited (NYSE:G) will report earnings of $0.52 per share for the current fiscal quarter, according to Zacks. Six analysts have provided estimates for Genpact’s earnings, with the highest EPS estimate coming in at $0.54 and the lowest estimate coming in at $0.51. Genpact posted earnings of $0.48 per share in the same quarter last year, which indicates a positive year over year growth rate of 8.3%. The firm is expected to announce its next earnings report on Tuesday, November 5th.

On average, analysts expect that Genpact will report full year earnings of $2.02 per share for the current financial year, with EPS estimates ranging from $1.99 to $2.04. For the next year, analysts expect that the company will post earnings of $2.27 per share, with EPS estimates ranging from $2.23 to $2.30. Zacks Investment Research’s earnings per share averages are an average based on a survey of research firms that follow Genpact.

Genpact (NYSE:G) last announced its earnings results on Wednesday, August 7th. The business services provider reported $0.41 earnings per share for the quarter, hitting the Thomson Reuters’ consensus estimate of $0.41. Genpact had a return on equity of 22.61% and a net margin of 8.77%. The firm had revenue of $882.79 million for the quarter, compared to the consensus estimate of $824.84 million. During the same period in the previous year, the business earned $0.41 EPS. The firm’s revenue for the quarter was up 21.2% on a year-over-year basis.

Several research analysts recently weighed in on the company. Needham & Company LLC restated a “buy” rating and set a $48.00 target price (up from $44.00) on shares of Genpact in a research note on Thursday, August 8th. Wedbush boosted their target price on Genpact from $33.00 to $45.00 and gave the stock a “neutral” rating in a research note on Thursday, August 8th. Cantor Fitzgerald boosted their target price on Genpact from $40.00 to $47.00 and gave the stock an “overweight” rating in a research note on Thursday, August 8th. Deutsche Bank boosted their target price on Genpact from $36.00 to $44.00 and gave the stock a “hold” rating in a research note on Thursday, August 8th. Finally, Zacks Investment Research cut Genpact from a “buy” rating to a “hold” rating in a research report on Thursday, May 9th. Five investment analysts have rated the stock with a hold rating and seven have issued a buy rating to the company’s stock. Genpact currently has a consensus rating of “Buy” and an average price target of $38.52.

G stock traded up $0.68 on Friday, hitting $40.37. 51,001 shares of the company’s stock were exchanged, compared to its average volume of 1,161,782. Genpact has a 12-month low of $25.48 and a 12-month high of $44.55. The stock’s 50 day simple moving average is $39.19. The company has a current ratio of 1.38, a quick ratio of 1.38 and a debt-to-equity ratio of 0.82. The firm has a market capitalization of $7.64 billion, a PE ratio of 25.21, a P/E/G ratio of 2.19 and a beta of 0.82.

The company also recently declared a quarterly dividend, which will be paid on Friday, September 20th. Shareholders of record on Wednesday, September 11th will be given a dividend of $0.085 per share. The ex-dividend date of this dividend is Tuesday, September 10th. This represents a $0.34 dividend on an annualized basis and a yield of 0.84%. Genpact’s dividend payout ratio is currently 21.25%.

In other news, major shareholder Bain Capital Investors Llc sold 8,500,194 shares of the business’s stock in a transaction dated Friday, May 24th. The stock was sold at an average price of $36.01, for a total value of $306,091,985.94. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, SVP Heather White sold 1,058 shares of the business’s stock in a transaction dated Monday, June 3rd. The shares were sold at an average price of $36.08, for a total value of $38,172.64. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 10,001,058 shares of company stock valued at $360,138,173. 1.86% of the stock is currently owned by insiders.

Several hedge funds have recently modified their holdings of G. Johnson Financial Group Inc. acquired a new position in shares of Genpact in the 2nd quarter valued at about $31,000. Bremer Bank National Association acquired a new position in shares of Genpact in the 1st quarter valued at about $38,000. Captrust Financial Advisors lifted its holdings in shares of Genpact by 109.8% in the 2nd quarter. Captrust Financial Advisors now owns 1,072 shares of the business services provider’s stock valued at $41,000 after buying an additional 561 shares during the period. New York State Teachers Retirement System acquired a new position in Genpact in the 1st quarter worth about $77,000. Finally, Capital Bank & Trust Co acquired a new position in Genpact in the 2nd quarter worth about $78,000. 94.59% of the stock is owned by institutional investors and hedge funds.

About Genpact

Genpact Limited provides business process outsourcing and information technology (IT) services North and Latin America, India, rest of Asia, and Europe. Its finance and accounting services include accounts payable, such as document management, invoice processing, approval and resolution management, and travel and expense processing; invoice-to-cash services, including customer master data management, credit and contract management, fulfillment, billing, collections, and dispute management services; record to report services comprising accounting, treasury, tax, product cost accounting, and closing and reporting services; enterprise performance management consisting of budgeting, forecasting, and business performance reporting; and enterprise risk and compliance services, including operational risks and controls.

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Earnings History and Estimates for Genpact (NYSE:G)

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