WIT

Wipro Limited [WIT] Stock Forecast

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RSI : 000

WIT Stock Summary

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In the News

03:06 29 Mar 2024 WIT

Wipro GE Healthcare to invest $960 mln in R&D, manufacturing in India

Wipro GE Healthcare, a joint venture of India's Wipro Enterprises and a wholly owned entity of U.S.-based GE Healthcare , said it would invest 80 billion rupees ($960 million) in the country in its manufacturing and research and development facilities.

04:10 29 Mar 2024 WIT

GM Joins Forces With Magna and Wipro To Develop Auto Software Marketplace

General Motors (GM), auto parts supplier Magna International (MGA), and information technology provider Wipro (WIT) are teaming up to develop a platform for businesses to buy and sell automotive software.

06:07 29 Mar 2024 WIT

GM, Magna and Wipro team up for automotive software marketplace

General Motors , auto parts supplier Magna and IT company Wipro said on Tuesday they were working together to create a sales platform, called SDVerse, to buy and sell automotive software.

08:07 29 Mar 2024 WIT

IBM teams up with Wipro on new AI services

IBM (NYSE: IBM) is in focus today after it announced to have teamed up with Wipro Limited (NYSE: WIT) on new artificial intelligence enabled services.

09:21 29 Mar 2024 WIT

4 Business-Software Services Stocks to Watch on Bright Industry Trends

The Zacks Business-Software Services industry players like MSCI, WIT, TYL and GWRE are poised to benefit from the robust demand trend for multi-cloud-enabled software solutions.

12:41 29 Mar 2024 WIT

WIT or TYL: Which Is the Better Value Stock Right Now?

Investors looking for stocks in the Business - Software Services sector might want to consider either Wipro Limited (WIT) or Tyler Technologies (TYL). But which of these two companies is the best option for those looking for undervalued stocks?

10:56 29 Mar 2024 WIT

Wipro Limited (WIT) Could Find a Support Soon, Here's Why You Should Buy the Stock Now

Wipro Limited (WIT) witnesses a hammer chart pattern, indicating support found by the stock after losing some value lately. This coupled with an upward trend in earnings estimate revisions could mean a trend reversal for the stock in the near term.

01:39 29 Mar 2024 WIT

7 Stocks to Buy for the Age of 5G Connectivity

As we look upon the New Year, we see that the landscape for 5G stocks is ripe for an exciting journey. The ongoing rollout of 5G networks globally presents an enticing opportunity for investors.

10:46 29 Mar 2024 WIT

Wipro a 'bit more' optimistic about next fiscal year due to AI

Wipro is feeling a "bit more" optimistic about its next financial year as clients spend more on artificial intelligence (AI) to reduce operating costs, the head of the Indian IT firm's Americas 2 business told Reuters on Wednesday.

09:02 29 Mar 2024 WIT

Kyndryl, Accenture, Wipro, Infosys stocks fly as tech demand rises

Consultants are back in business as demand for IT spending jumps. Kyndryl (KD) stock price has surged to its highest point since November 2021 after jumping by over 169% from its lowest point in 2022.

WIT Financial details

Company Rating
Buy
Market Cap
29.52B
Income
116.44B
Revenue
917.66B
Book val./share
133.56
Cash/share
64.59
Dividend
0.01
Dividend %
0.21%
Employees
250K
Optionable
No
Shortable
Yes
Earnings
25 Apr 2024
P/E
21.36
Forward P/E
0.25
PEG
-54.25
P/S
2.71
P/B
3.56
P/C
0.09
P/FCF
16.93
Quick Ratio
2.17
Current Ratio
2.29
Debt / Equity
0.26
LT Debt / Equity
0.11
-
-
EPS (TTM)
21.47
EPS next Y
23.36
EPS next Q
5.49
EPS this Y
-7.25%
EPS next Y
8.79%
EPS next 5Y
33.15%
EPS last 5Y
6.7%
Revenue last 5Y
9.08%
Revenue Q/Q
-1.38%
EPS Q/Q
-3.25%
-
-
-
-
SMA20
-
SMA50
-
SMA100
20%
Inst Own
1.95%
Inst Trans
0.83%
ROA
11%
ROE
16%
ROC
0.17%
Gross Margin
30%
Oper. Margin
16%
Profit Margin
13%
Payout
5%
Shs Outstand
5.22B
Shs Float
5.22B
-
-
-
-
Target Price
7.7
52W Range
4.32-6.45
52W High
-4.42%
52W Low
+43.38%
RSI
38
Rel Volume
0.64
Avg Volume
2.41M
Volume
1.55M
Perf Week
-3.61%
Perf Month
-7.2%
Perf Quarter
16.09%
Perf Half Y
15.63%
-
-
-
-
Beta
0.723
-
-
Volatility
0.06%, 0.23%
Prev Close
0.61%
Price
5.735
Change
1.68%

WIT Financial Performance

Yearly Fundamentals Overview

Last date of statement is 2023-03-31

Metric History 2019-03-312020-03-312021-03-312022-03-31 2023-03-31
2.02K2.02K2.02K2.02K2.02K
Revenue per share
97.52104.61109.65144.68165.2
Net income per share
14.9916.6719.1122.3520.72
Operating cash flow per share
19.3617.2526.1220.2723.84
Free cash flow per share
15.5713.2222.6516.5821.14
Cash per share
63.1357.4661.2764.2674.89
Book value per share
94.5795.5697.91120.39142.61
Tangible book value per share
72.1969.8471.2367.3478.64
Share holders equity per share
94.5795.5697.91120.39142.61
Interest debt per share
17.4917.5519.433.1633.73
Market cap
1683.38B1384.65B2626.34B3201.71B2019.17B
Enterprise value
1624.32B1337.39B2561.06B3273.8B2101.95B
P/E ratio
18.714.2424.3326.217.79
Price to sales ratio
2.872.274.244.052.23
POCF ratio
14.4713.7617.828.915.46
PFCF ratio
1817.9520.5235.3217.44
P/B Ratio
2.962.484.754.862.58
PTB ratio
2.962.484.754.862.58
EV to sales
2.772.194.134.142.32
Enterprise value over EBITDA
11.919.2115.418.1913.71
EV to operating cash flow
13.9613.2917.3629.5516.09
EV to free cash flow
17.3717.3420.0136.1218.16
Earnings yield
0.050.070.040.040.06
Free cash flow yield
0.060.060.050.030.06
Debt to equity
0.180.170.190.270.22
Debt to assets
0.120.120.130.160.15
Net debt to EBITDA
-0.43-0.33-0.390.40.54
Current ratio
2.672.42.272.012.47
Interest coverage
17.7920.5924.1826.3413.85
Income quality
1.291.031.360.911.15
Dividend Yield
00000.02
Payout ratio
0.060.070.050.040.29
Sales general and administrative to revenue
0.060.050.060.060.07
Research and developement to revenue
000.0100
Intangibles to total assets
0.160.190.180.270.3
Capex to operating cash flow
-0.2-0.23-0.13-0.18-0.11
Capex to revenue
-0.04-0.04-0.03-0.03-0.02
Capex to depreciation
-1.17-1.13-0.71-0.65-0.44
Stock based compensation to revenue
0000.010
Graham number
178.58189.3205.16246.07257.86
ROIC
0.120.130.140.130.11
Return on tangible assets
0.130.150.160.150.14
Graham Net
39.7834.5632.7916.9632.49
Working capital
357.56B303.46B293.15B312.42B393.34B
Tangible asset value
433.69B407.42B402.38B368.13B430.74B
Net current asset value
309.49B262.12B246.35B200.24B267.03B
Invested capital
0.180.170.190.270.22
Average receivables
157.06B162.25B159.07B184.47B215.01B
Average payables
78.22B83.22B78.5B88.95B94.04B
Average inventory
3.66B2.91B1.46B1.2B1.26B
Days sales outstanding
99.8498.2590.6799.2586.71
Days payables outstanding
78.0365.3968.0265.0350.36
Days of inventory on hand
3.491.560.920.880.67
Receivables turnover
3.663.724.033.684.21
Payables turnover
4.685.585.375.617.25
Inventory turnover
104.54233.83397.75416.7543.3
ROE
0.160.170.20.190.15
Capex per share
-3.79-4.03-3.47-3.69-2.71

Quarterly Fundamentals Overview

Last date of statement is 2023-09-30 for Q2

Metric History 2022-09-302022-12-312023-03-312023-06-30 2023-09-30
2.02K2.02K2.02K2.02K2.02K
Revenue per share
41.1642.3942.3141.6443.03
Net income per share
4.865.575.615.235.06
Operating cash flow per share
8.777.946.86.847.38
Free cash flow per share
8.067.386.256.447.01
Cash per share
63.4869.2474.8479.464.59
Book value per share
131.03137.75142.51122.02133.56
Tangible book value per share
67.0172.9778.5858.6467.25
Share holders equity per share
131.03137.75142.51122.02133.56
Interest debt per share
35.9533.9332.3932.4334.82
Market cap
2101.61B2112.59B2020.6B2123.99B2107.21B
Enterprise value
2223.17B2208.33B2103.39B2215.07B2188.49B
P/E ratio
19.7617.316.4318.519.91
Price to sales ratio
9.329.098.719.39.36
POCF ratio
43.7848.5554.1756.6254.54
PFCF ratio
47.6252.2658.9460.1657.48
P/B Ratio
2.932.82.593.173.01
PTB ratio
2.932.82.593.173.01
EV to sales
9.869.519.079.79.72
Enterprise value over EBITDA
51.5953.5250.0253.8657.81
EV to operating cash flow
46.3150.7556.3959.0556.65
EV to free cash flow
50.3754.6261.3562.7459.7
Earnings yield
0.010.010.020.010.01
Free cash flow yield
0.020.020.020.020.02
Debt to equity
0.270.240.220.260.26
Debt to assets
0.170.160.150.150.16
Net debt to EBITDA
2.822.321.972.212.15
Current ratio
2.022.242.471.722.29
Interest coverage
14.3212.9713.1411.1810.99
Income quality
1.811.421.211.31.46
Dividend Yield
00000
Payout ratio
000.1800
Sales general and administrative to revenue
0.070.060.070.070.06
Research and developement to revenue
000.0200
Intangibles to total assets
0.310.30.30.290.32
Capex to operating cash flow
-0.08-0.07-0.08-0.06-0.05
Capex to revenue
-0.02-0.01-0.01-0.01-0.01
Capex to depreciation
-0.49-0.33-0.36-0.3-0.23
Stock based compensation to revenue
0.01000.010.01
Graham number
119.65131.4134.11119.89123.28
ROIC
0.030.030.030.030.03
Return on tangible assets
0.030.040.040.030.04
Graham Net
18.5725.7432.4613.1821.86
Working capital
312.21B353.13B393.34B288.44B329.25B
Tangible asset value
366.97B399.9B430.74B321.53B351.89B
Net current asset value
194.61B228.41B267.03B160.15B198.45B
Invested capital
0.270.240.220.260.26
Average receivables
238B231.74B221.19B218.95B219.71B
Average payables
89.73B90.3B89.33B84.89B79.8B
Average inventory
1.84B2.01B1.6B1.28B1.33B
Days sales outstanding
94.2688.1183.4287.8986.53
Days payables outstanding
49.9849.449.2545.0644.58
Days of inventory on hand
1.11.110.660.770.72
Receivables turnover
0.951.021.081.021.04
Payables turnover
1.81.821.8322.02
Inventory turnover
81.6780.87136.98117.28124.27
ROE
0.040.040.040.040.04
Capex per share
-0.71-0.56-0.55-0.4-0.38

WIT Frequently Asked Questions

What is Wipro Limited stock symbol ?

Wipro Limited is a IN stock and trading under the symbol WIT

Is Wipro Limited buy or a sell ?

1 stock analysts have 1 predictions with a medium analyst target price of $7.7. The lowest prediction is $7.7 and the highest is $7.7

What is WIT stock prediction ?

What is Wipro Limited stock quote today ?

Wipro Limited stock price is $5.735 today.

Is Wipro Limited stock public?

Yes, Wipro Limited is a publicly traded company.

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