Last Updated: 18 Sep 2024
Executive Summary
Genpact Limited (NYSE: G) is a leading provider of IT and business process outsourcing services. The company has a strong financial profile, with a market capitalization of $7.0 billion and an EBITDA of $752 million. Genpact's stock is currently trading at $38.55, which is within its 52-week range of $28.92 to $39.79. The company has a trailing PE ratio of 11.02 and a forward PE ratio of 18.32. Genpact's dividend yield is 0.0156%.
Company Overview
Genpact Limited provides IT and business process outsourcing services in North America and Latin America, India, Rest of Asia and Europe. The company's services include:
Application development and maintenance
Infrastructure management
Business process outsourcing
Consulting
Genpact has a global workforce of over 100,000 employees and serves over 1,000 clients. The company is headquartered in Hamilton, Bermuda.
Fundamental Analysis
Genpact's financial performance has been strong in recent years. The company's revenue has grown from $3.6 billion in 2019 to $4.6 billion in 2022. Genpact's net income has also grown, from $400 million in 2019 to $500 million in 2022. The company's EBITDA margin has remained stable at around 14%.
Genpact's balance sheet is also strong. The company has $1.5 billion in cash and equivalents and $2.0 billion in debt. Genpact's debt-to-equity ratio is 0.5x, which is below the industry average.
Technical Analysis
Genpact's stock price has been in a downtrend since the beginning of 2023. The stock price broke below its 200-day moving average in March 2023 and has continued to decline since then. The stock price is currently trading below its 50-day moving average.
The technical indicators are bearish for Genpact. The relative strength index (RSI) is below 30, which indicates that the stock is oversold. The moving average convergence divergence (MACD) is also below zero, which indicates that the stock is in a downtrend.
Short Term Outlook
The short-term outlook for Genpact is negative. The stock price is in a downtrend and the technical indicators are bearish. The stock price is likely to continue to decline in the short term.
Long Term Outlook
The long-term outlook for Genpact is positive. The company has a strong financial profile and a growing business. The company's stock price is likely to recover in the long term.
Analyst Recommendations
The majority of analysts have a hold rating on Genpact. The average analyst price target is $39.30.
