Why Genpact Limited (NYSE:G) Is In News?


Thomson Reuters, a distinguished brokerage company, has placed a 52-week price target of $29.36 on Genpact Limited (NYSE:G) shares after it surveyed top market analysts. Calculating estimated earnings after taking into consideration different elements, it is predicted to come at $1.42 for the next fiscal and $N/A for underway quarter.

Valuation Estimates

Analysts take into account the price to earnings ratio to estimate the firm’s valuation. This ratio, which is also called as the P/E ratio evaluates the company on relative expense factor. The formula to calculate ratio is stock’s latest price/ per share earnings. The P/E ratio of Genpact Limited (NYSE:G) stands at 19.85.

Analysts also work out Price/Earnings Growth ratio in an attempt to estimate the valuation of a firm. This ratio commonly known as the PEG ratio implies the stock’s valuation compared to earnings growth potential. Investors look to invest in the stocks with a lower PEG ratio. For Genpact Limited Common Stock, the PEG ratio for coming 3-5 years is 1.44.

Technical Analysis

The technical analysis highlights that Genpact Limited Common Stock current is trading $-2.22 points away or -8.59% from its 50-day moving average of $25.88. Further it is trading $-3.00 or -11.26% away its 200-day moving average of $26.66.

The 52-week high of Genpact Limited (NYSE:G) was $28.52 while lowest point recorded in 52-week was $20.95. It implies if stock price makes a movement of over $-4.86, it will record a new 52-week high. In the case of +12.94% drop, it will touch a new 52-week low.

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