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After finishing at $2.90 in the prior trading day, Wipro Ltd. ADR (NYSE: WIT) closed at $2.85, down -1.72%. In other words, the price has decreased by -$1.72 from its previous closing price. On the day, 5.8 million shares were traded.
Ratios:
Our goal is to gain a better understanding of WIT by taking a closer look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 4.78 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 14.48. For the most recent quarter (mrq), Quick Ratio is recorded 2.70 and its Current Ratio is at 2.71. In the meantime, Its Debt-to-Equity ratio is 0.24 whereas as Long-Term Debt/Eq ratio is at 0.11.
Valuation Measures:
As of this moment, Wipro’s Price-to-Earnings (P/E) ratio for their current fiscal year is 21.96, and their Forward P/E ratio for the next fiscal year is 18.16. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 5.89. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.83 while its Price-to-Book (P/B) ratio in mrq is 3.18.
Stock Price History:
Over the past 52 weeks, WIT has reached a high of $3.79, while it has fallen to a 52-week low of $2.55. The 50-Day Moving Average of the stock is -2.50%, while the 200-Day Moving Average is calculated to be -12.52%.
Shares Statistics:
A total of 10.46B shares are outstanding, with a floating share count of 10.46B. Insiders hold about 0.00% of the company’s shares, while institutions hold 3.31% stake in the company.
Earnings Estimates
A detailed examination of Wipro Ltd. ADR (WIT) is currently in progress, with 2.0 analysts providing valuable insights into its market dynamics.The consensus estimate for the next quarter is $0.04, with high estimates of $0.04 and low estimates of $0.04.
Analysts are recommending an EPS of between $0.15 and $0.14 for the fiscal current year, implying an average EPS of $0.14. EPS for the following year is $0.15, with 6.0 analysts recommending between $0.16 and $0.14.
Revenue Estimates
6 analysts predict $219.23B in revenue for the current quarter. It ranges from a high estimate of $221.09B to a low estimate of $218.33B. As of the current estimate, Wipro Ltd. ADR’s year-ago sales were $219.64BFor the next quarter, 6 analysts are estimating revenue of $221.8B. There is a high estimate of $225.25B for the next quarter, whereas the lowest estimate is $217.24B.
A total of 40 analysts have provided revenue estimates for WIT’s current fiscal year. The highest revenue estimate was $947B, while the lowest revenue estimate was $869.34B, resulting in an average revenue estimate of $894.87B. In the same quarter a year ago, actual revenue was $890.88BBased on 41 analysts’ estimates, the company’s revenue will be $947B in the next fiscal year. The high estimate is $1.02T and the low estimate is $888.85B.
