Wipro Ltd. ADR (NYSE:WIT) currently has a daily average trading volume of 1.70M but it saw 2471769 shares traded in last market. With a market cap of 34.54B USD, the company’s current market price of $6.61 came rising about 0.30 while comparing to the previous closing price of $6.59. In past 52 weeks, the stock remained buoying in the range of price level as high as $7.01 and as low as $4.48. In the recent trading on the day, stock has struck highest price mark of $6.57 while lowest mark touched by it was $6.61.
Exane BNP Paribas issued its recommendations for the stock as it initiated the price target for the stock is $5.20.
Over the week, WIT’s stock price is moving 2.96% up while it is 2.32% when we observe its performance for the past one month. Year-to-date it is 18.67% up and over the past year, the stock is showing an upside performance of 45.59%.
The latest quarterly earnings report issued by the company reported quarterly earnings per share (EPS) of 0.06 beaten by the consensus estimate of 0.07 for the same. The company is expected to be releasing its next quarterly report on 2025-Jan-10, for which analysts forecasted an EPS of 0.07 while estimate for next year EPS is 0.27. In next quarter, company is expected to be making quarterly sales of $2.71B as analysts are expecting the sales for current fiscal year at $10.62B and seeing the company making $11.25B in sales next year. Moreover, analysts are in estimates of $2.67B for current-quarter revenue.
Currently, Wipro Ltd. ADR’s total number of outstanding shares is 5.23B with 0.00% of that held by the insiders while 3.12% of its common stock has been owned by the institutions. Company’s return on investment (ROI) stands at 13.11% and return on equity (ROE) at 15.49%. It has a price to earnings ratio (P/E ratio) of 24.58 while having a 22.06 of forward P/E ratio. Stock’s beta reads 0.90. Stock has a price to book (P/B) ratio of 3.54 while price to sale or P/S ratio amounts to 3.25. Its return on asset (ROA) is 10.01% on average.
