Weakness Seen in Genpact (G): Stock Tanks 17.1%

Zacks

Genpact Ltd. (G) saw a big move last session, as the company’s shares fell by over 17 % on the day. The move came on pretty good volume too with far more shares changing hands than in a normal session. This continues the most recent downtrend for G, as the stock is now down nearly 21% in the past one-month time frame.

This slump shouldn’t be too much of a surprise to investors, as the company has seen 1 negative revision in the past few weeks and its current year earnings consensus has moved lower over the last 30 days. This suggests there may be more trouble down the road. So make sure to keep an eye on this stock going forward to see if this recent slump will continue, as the earnings picture definitely suggests that this might be the case.

G currently has a Zacks Rank #4 (Sell) while its Earnings ESP is 0.00%.

Some better-ranked stocks in the services sector include Broadridge Financial Solutions, Inc. (BR), Vistaprint N.V. (VPRT) and Paychex, Inc. (PAYX). While Broadridge Financial Solutions and Vistaprint carry a Zacks Rank #1, Paychex holds a Zacks Rank #2 (Buy).

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GENPACT LTD (G): Free Stock Analysis Report

BROADRIDGE FINL SOLUTIONS IN (BR): Free Stock Analysis Report

VISTAPRINT NV ORD THE NETHERLAND (VPRT): Free Stock Analysis Report

PAYCHEX INC (PAYX): Free Stock Analysis Report


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