The stock of Genpact Ltd (G) has seen a 0.50% increase in the past week, with a -4.66% drop in the past month, and a -6.77% decrease in the past quarter. The volatility ratio for the week is 1.49%, and the volatility levels for the past 30 days are at 1.84% for G. The simple moving average for the past 20 days is -3.17% for G’s stock, with a -9.07% simple moving average for the past 200 days.
Is It Worth Investing in Genpact Ltd (NYSE: G) Right Now?
Genpact Ltd (NYSE: G) has a price-to-earnings ratio of 9.46x that is above its average ratio. Additionally, the 36-month beta value for G is 1.07. There are mixed opinions on the stock, with 3 analysts rating it as a “buy,” 3 rating it as “overweight,” 5 rating it as “hold,” and 2 rating it as “sell.”
The public float for G is 178.74M and currently, short sellers hold a 1.89% ratio of that float. The average trading volume of G on April 02, 2024 was 1.50M shares.
G) stock’s latest price update
Genpact Ltd (NYSE: G) has experienced a decline in its stock price by -0.77 compared to its previous closing price of 32.61. However, the company has seen a gain of 0.50% in its stock price over the last five trading days. Zacks Investment Research reported 2024-03-19 that Genpact (G) gains from its expertise in diverse domains, AI and shareholder confidence amid client concentration and declining liquidity.
Analysts’ Opinion of G
Many brokerage firms have already submitted their reports for G stocks, with Mizuho repeating the rating for G by listing it as a “Neutral.” The predicted price for G in the upcoming period, according to Mizuho is $40 based on the research report published on January 30, 2024 of the current year 2024.
Robert W. Baird, on the other hand, stated in their research note that they expect to see G reach a price target of $38. The rating they have provided for G stocks is “Neutral” according to the report published on December 15th, 2023.
JP Morgan gave a rating of “Underweight” to G, setting the target price at $40 in the report published on August 22nd of the previous year.
G Trading at -6.92% from the 50-Day Moving Average
After a stumble in the market that brought G to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -29.94% of loss for the given period.
Volatility was left at 1.84%, however, over the last 30 days, the volatility rate increased by 1.49%, as shares sank -7.02% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -8.26% lower at present.
During the last 5 trading sessions, G rose by +0.75%, which changed the moving average for the period of 200-days by -16.37% in comparison to the 20-day moving average, which settled at $33.30. In addition, Genpact Ltd saw -6.77% in overturn over a single year, with a tendency to cut further losses.
Insider Trading
Reports are indicating that there were more than several insider trading activities at G starting from Klunk Donald J, who sale 1,845 shares at the price of $36.27 back on Feb 15 ’24. After this action, Klunk Donald J now owns 6,922 shares of Genpact Ltd, valued at $66,910 using the latest closing price.
White Heather, the SVP & Chief Legal Officer of Genpact Ltd, sale 11,450 shares at $36.00 during a trade that took place back on Jan 22 ’24, which means that White Heather is holding 21,175 shares at $412,200 based on the most recent closing price.
Stock Fundamentals for G
Current profitability levels for the company are sitting at:
- 0.14 for the present operating margin
- 0.35 for the gross margin
The net margin for Genpact Ltd stands at 0.14. The total capital return value is set at 0.18. Equity return is now at value 30.99, with 13.44 for asset returns.
Based on Genpact Ltd (G), the company’s capital structure generated 0.37 points at debt to capital in total, while cash flow to debt ratio is standing at 0.37. The debt to equity ratio resting at 0.59. The interest coverage ratio of the stock is 17.97.
Currently, EBITDA for the company is 630.86 million with net debt to EBITDA at 1.33. When we switch over and look at the enterprise to sales, we see a ratio of 1.5. The receivables turnover for the company is 3.93for trailing twelve months and the total asset turnover is 0.93. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.44.
Conclusion
In conclusion, Genpact Ltd (G) has seen bad performance in recent times. Analysts have a mixed opinion on the stock, with some rating it as a “buy” and others rating it as a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
