Genpact Ltd (G) Stock: Evaluating the Market Performance

The price-to-earnings ratio for Genpact Ltd (NYSE: G) is 11.69x, which is above its average ratio. Moreover, the 36-month beta value for G is 1.14. Analysts have varying opinions on the stock, with 3 analysts rating it as a “buy,” 3 as “overweight,” 5 as “hold,” and 2 as “sell.”

The public float for G is 163.28M and currently, short sellers hold a 2.85% of that float. On November 07, 2024, G’s average trading volume was 1.09M shares.

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G) stock’s latest price update

Genpact Ltd (NYSE: G)’s stock price has gone rise by 2.37 in comparison to its previous close of 40.48, however, the company has experienced a 8.57% increase in its stock price over the last five trading days. prnewswire.com reported 2024-11-01 that Strengthens Genpact’s advanced technology offerings as an AWS Premier Tier Services Partner with full suite of AI, data and analytics, and machine learning AWS Competencies NEW YORK, Nov. 1, 2024 /PRNewswire/ — Genpact (NYSE: G), a global professional services and solutions firm delivering outcomes that shape the future, announced it has achieved the Amazon Web Services (AWS) Generative AI Competency in Consulting Services. This recognition underscores Genpact’s expertise in helping clients and AWS Partners implement generative artificial intelligence (AI) at scale.

G’s Market Performance

Genpact Ltd (G) has experienced a 8.57% rise in stock performance for the past week, with a 6.31% rise in the past month, and a 10.51% rise in the past quarter. The volatility ratio for the week is 1.62%, and the volatility levels for the past 30 days are at 1.53% for G. The simple moving average for the past 20 days is 6.59% for G’s stock, with a 18.42% simple moving average for the past 200 days.

Analysts’ Opinion of G

Many brokerage firms have already submitted their reports for G stocks, with JP Morgan repeating the rating for G by listing it as a “Neutral.” The predicted price for G in the upcoming period, according to JP Morgan is $40 based on the research report published on July 17, 2024 of the current year 2024.

Mizuho, on the other hand, stated in their research note that they expect to see G reach a price target of $40. The rating they have provided for G stocks is “Neutral” according to the report published on January 30th, 2024.

Robert W. Baird gave a rating of “Neutral” to G, setting the target price at $38 in the report published on December 15th of the previous year.

G Trading at 6.55% 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 able to rebound, for now settling with 2.23% of gains for the given period.

Volatility was left at 1.53%, however, over the last 30 days, the volatility rate increased by 1.62%, as shares surge +7.66% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +5.49% upper at present.

During the last 5 trading sessions, G rose by +8.23%, which changed the moving average for the period of 200-days by +14.02% in comparison to the 20-day moving average, which settled at $38.87. In addition, Genpact Ltd saw 19.39% in overturn over a single year, with a tendency to cut further gains.

Insider Trading

Reports are indicating that there were more than several insider trading activities at G starting from Kalra Balkrishan, who sale 7,000 shares at the price of $38.54 back on Sep 12 ’24. After this action, Kalra Balkrishan now owns 276,404 shares of Genpact Ltd, valued at $269,786 using the latest closing price.

Kalra Balkrishan, the Officer of Genpact Ltd, proposed sale 7,000 shares at $38.54 during a trade that took place back on Sep 12 ’24, which means that Kalra Balkrishan is holding shares at $269,787 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 0.16. Equity return is now at value 30.34, with 13.41 for asset returns.

Based on Genpact Ltd (G), the company’s capital structure generated 0.42 points at debt to capital in total, while cash flow to debt ratio is standing at 0.32. The debt to equity ratio resting at 0.72. The interest coverage ratio of the stock is 15.75.

Currently, EBITDA for the company is 630.86 million with net debt to EBITDA at 1.38. When we switch over and look at the enterprise to sales, we see a ratio of 1.82. The receivables turnover for the company is 3.88for trailing twelve months and the total asset turnover is 0.89. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.89.

Conclusion

To wrap up, the performance of Genpact Ltd (G) has been better in recent times. The stock has received a mixed of “buy” and “hold” ratings from analysts. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.

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