During the recent session, Wipro Ltd. ADR (NYSE:WIT)’s traded shares were 6.41 million, with the beta value of the company hitting 0.94. At the last check today, the stock’s price was $2.94, reflecting an intraday loss of -4.23% or -$0.13. The 52-week high for the WIT share is $3.79, that puts it down -28.91 from that peak though still a striking 10.54% gain since the share price plummeted to a 52-week low of $2.63. The company’s market capitalization is $30.78B, and the average intraday trading volume over the past 10 days was 5.12 million shares, and the average trade volume was 5.47 million shares over the past three months.
Wipro Ltd. ADR (WIT) received a consensus recommendation of Hold from analysts. That translates to a mean rating of 3.30. WIT has a Sell rating from 1 analyst(s) out of 5 analysts who have looked at this stock. 3 analyst(s) recommend to Hold the stock while 0 suggest Overweight, and 1 recommend a Buy rating for it.
Wipro Ltd. ADR (NYSE:WIT) trade information
Wipro Ltd. ADR (WIT) registered a -4.23% downside in the last session and has traded in the red over the past 5 sessions. The stock plummet -4.23% in intraday trading to $2.94, hitting a weekly high. The stock’s 5-day price performance is -4.55%, and it has moved by 0.00% in 30 days. Based on these gigs, the overall price performance for the year is -16.95%. The short interest in Wipro Ltd. ADR (NYSE:WIT) is 73.25 million shares and it means that shorts have 16.68 day(s) to cover.
The consensus price target of analysts on Wall Street is $7.35, which implies an increase of 60.0% to the stock’s current value. The extremes of the forecast give a target low and a target high price of $7 and $7.7 respectively. As a result, WIT is trading at a discount of -161.9% off the target high and -138.1% off the low.
An analysis of the company’s performance over the past 5 years shows that the company’s earnings grew an estimated 4.81%. While earnings are projected to return 1.13% in 2025, the next five years will return 4.24% per annum.
WIT Dividends
Wipro Ltd. ADR is due to release its next quarterly earnings on 2025-Apr-16. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance. Investors should also take the other fundamental and operational aspects into account before investing in the stock. The forward dividend ratio for Wipro Ltd. ADR is 0.07, with the dividend yield indicating at 2.35 percent, continuing the trend of increasing dividends in recent years. The average dividend yield of the company for the last 5 years is 0.71%.
The next largest institutional holding, with 12.61 million shares, is of VANGUARD GROUP INC’s that is approximately 0.4827% of outstanding shares. At the market price on 2024-06-30, these shares were valued at $76.94 million.
Also, the Mutual Funds coming in first place with the largest holdings of Wipro Ltd. ADR (WIT) shares are First TRT Exch-Trd Fd.-First TRT Value Line Dividend Index Fd. and VANGUARD STAR FUNDS-Vanguard Total International Stock Index Fund . Data provided on May 31, 2025 indicates that First TRT Exch-Trd Fd.-First TRT Value Line Dividend Index Fd. owns about 13.97 shares. This amounts to just over 0.13 percent of the company’s overall shares, with a $41.08 million market value. The same data shows that the other fund manager holds slightly less at 11.57, or about 0.11% of the stock, which is worth about $34.03 million.
