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Genpact LTD (NYSE:G) Institutional Investors Q3 2019 Sentiment

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Sentiment for Genpact LTD (NYSE:G)

Genpact LTD (NYSE:G) institutional sentiment decreased to 1.72 in 2019 Q3. Its down -0.07, from 1.79 in 2019Q2. The ratio worsened, as 155 investment professionals started new and increased positions, while 90 decreased and sold their equity positions in Genpact LTD. The investment professionals in our partner’s database now possess: 164.01 million shares, down from 166.08 million shares in 2019Q2. Also, the number of investment professionals holding Genpact LTD in their top 10 positions increased from 7 to 9 for an increase of 2. Sold All: 20 Reduced: 70 Increased: 101 New Position: 54.

Genpact Limited provides business process outsourcing and information technology management services worldwide. The company has market cap of $7.88 billion. The firm offers finance and accounting services, including accounts payable comprising document management, invoice processing, approval, resolution management, and T&E processing; order to cash services, such as customer master data management, credit and contract management, fulfillment, billing, collections, and dispute management services; record to report services consisting of accounting, closing and reporting, treasury, tax, and product cost accounting services; enterprise performance management, including budgeting, forecasting, business performance reporting, and analytics; and enterprise risk and compliance services comprising SOX advisory, enterprise risk management, internal audit, FCPA, and IT risk management services. It has a 26.75 P/E ratio. It also provides analytics and research services; core industry operation services; business and enterprise risk consulting services; transformation services; and supply chain and procurement services, including direct and indirect strategic sourcing, category management, spend analytics, procurement operations, master data management, and other procurement and supply chain advisory services.

The stock increased 0.80% or $0.33 during the last trading session, reaching $41.47. About 782,635 shares traded. Genpact Limited (NYSE:G) has risen 41.92% since December 15, 2018 and is uptrending. It has outperformed by 41.92% the S&P500.

Analysts await Genpact Limited (NYSE:G) to report earnings on February, 6. They expect $0.46 earnings per share, up 2.22 % or $0.01 from last year’s $0.45 per share. G’s profit will be $87.39 million for 22.54 P/E if the $0.46 EPS becomes a reality. After $0.47 actual earnings per share reported by Genpact Limited for the previous quarter, Wall Street now forecasts -2.13 % negative EPS growth.

Bain Capital Investors Llc holds 31% of its portfolio in Genpact Limited for 12.92 million shares. Dalton Investments Llc owns 463,160 shares or 11.34% of their US portfolio. Moreover, Grandeur Peak Global Advisors Llc has 5.48% invested in the company for 1.30 million shares. The New York-based Junto Capital Management Lp has invested 4.94% in the stock. Pembroke Management Ltd, a Quebec – Canada-based fund reported 508,436 shares.

Genpact Limited (NYSE:G) Ratings Coverage

Ratings analysis reveals 50% of Genpact’s analysts are positive. Out of 2 Wall Street analysts rating Genpact, 1 give it “Buy”, 0 “Sell” rating, while 1 recommend “Hold”. The lowest target is $4400 while the high is $4700. The stock’s average target of $45.50 is 9.72% above today’s ($41.47) share price. G was included in 4 notes of analysts from August 8, 2019. The company was maintained on Thursday, August 8 by Deutsche Bank. On Thursday, August 8 the stock rating was maintained by Cantor Fitzgerald with “Overweight”.

More notable recent Genpact Limited (NYSE:G) news were published by: Finance.Yahoo.com which released: “Hedge Funds Have Never Been This Bullish On Genpact Limited (G) – Yahoo Finance” on December 03, 2019, also Prnewswire.com with their article: “Commercial Banks Embracing Artificial Intelligence but Struggle to Use It for Competitive Impact, According to Genpact Research – PRNewswire” published on December 11, 2019, Finance.Yahoo.com published: “Here’s Why I Think Genpact (NYSE:G) Might Deserve Your Attention Today – Yahoo Finance” on September 10, 2019. More interesting news about Genpact Limited (NYSE:G) were released by: Prnewswire.com and their article: “Genpact Announces Secondary Equity Offering on Behalf of Selling Shareholders – PRNewswire” published on November 21, 2019 as well as Prnewswire.com‘s news article titled: “Everest Group Names Genpact a Leader and Star Performer in Financial Crimes and Compliance Operations Services – PRNewswire” with publication date: November 20, 2019.

Genpact Limited (NYSE:G) Ratings Chart

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