Eleven analysts covering NYSE: INFY stock’s performance announced in a report issued this week that Infosys Limited gets a consensus rating of “Hold” from the brokerages.
Among the eleven who have posted their ratings on the company, one analyst has issued a “sell” recommendation. Four analysts have given out the rating of “Buy” and a majority of five analysts have assigned the rating of “Hold” to the stock. The average price target (PT) currently stands at $13.90 issued on the stock last year.
The company’s stocks traded at $18.75 this Monday. Its current market capitalization stands at $79.55 billion. It has a positive PE ratio of 31.78 along with a beta of 0.86 at the moment. The PEG ratio stands at 3.09. The 12-monthly high to low ranges from $19.37 to $6.76. The 50SMA (50 Days Simple Moving Average) stands at $17.94 and its 200SMA stands at $16.02.
NYSE: INFY Stock Detailed Analysis
The quarterly earnings report for the previous quarter was released on the 12th of January. The earnings of NYSE: INFY at that quarter stood at $0.17 EPS as opposed to the general consensus of $0.15 proposed by analysts at several research firms. The company’s return on equity stands at 27.65% along with a net margin of 19.06%.
The estimated income for the firm was marked at $3.38 billion but Infosys Limited made $3.52 billion for the quarter. Analysts expect the company to post Full Year 2020 earnings per share of 0.61.
NYSE: INFY stocks have recently been the subject of a lot of reports by equities analysts. Some such as Zacks Investment Research, Goldman Sachs, and so on have posted reports on this firm over the last few months.
Several hedge funds and institutional investors have also altered their shareholdings in this company recently. Among the notable ones are, Amundi Pioneer Asset Management Inc., Back Rock Inc., Commonwealth Equity Services LLC, LPL Financial LLC, Victory Capital Management Inc., and so on. All these firms have recently increased their holdings in this company.