G Stock Summary and Trading Ideas (Genpact | NYSE:G)

Genpact Ltd is a provider of business process management services. Clients are industry verticals and operate in banking and financial services, insurance, capital markets, consumer product goods, life sciences, infrastructure, manufacturing and services, healthcare, and high-tech. Genpact's services include aftermarket, direct procurement, risk and compliance, human resources, IT, industrial solutions, collections, finance and accounting, and media services. Genpact's end market by revenue is India. It is a General Electric spin-off, which is still a large source of revenue for Genpact.

Genpact trades on the NYSE stock market under the symbol G.

As of April 19, 2024, G stock price climbed to $31.59 with 1,140,947 million shares trading.

G has a beta of 1.09, meaning it tends to be more sensitive to market movements. G has a correlation of 0.26 to the broad based SPY ETF.

G has a market cap of $5.70 billion. This is considered a Mid Cap stock.

Last quarter Genpact reported $1 billion in Revenue and $.82 earnings per share. This fell short of revenue expectation by $-48 million and exceeded earnings estimates by $.08.

In the last 3 years, G stock traded as high as $54.03 and as low as $29.41.

The top ETF exchange traded funds that G belongs to (by Net Assets): VTI, IJH, VB, VBR, VXF.

G has underperformed the market in the last year with a return of -28.4%, while the SPY ETF gained +21.2%. In the last 3 month period, G fell short of the market, returning -8.5%, while SPY returned +4.3%. However, in the most recent 2 weeks G has outperformed the stock market by returning -1.2%, while SPY returned -3.5%.

G support price is $30.42 and resistance is $31.36 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that G stock will trade within this expected range on the day.