After finishing at $89.86 in the prior trading day, Amdocs Ltd (NASDAQ: DOX) closed at $89.90, up 0.04%. In other words, the price has increased by $+0.52 from its previous closing price. On the day, 726293 shares were traded.
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Ratios:
Our goal is to gain a better understanding of DOX 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 17.43 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 13.30. For the most recent quarter (mrq), Quick Ratio is recorded 1.29 and its Current Ratio is at 1.29. In the meantime, Its Debt-to-Equity ratio is 0.23 whereas as Long-Term Debt/Eq ratio is at 0.21.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, Jefferies on December 01, 2023, initiated with a Buy rating and assigned the stock a target price of $105.
On May 16, 2023, Barclays Upgraded its rating to Overweight which previously was Equal Weight and also upped its target price recommendation from $100 to $115.
JP Morgan Downgraded its Overweight to Neutral on December 14, 2021, whereas the target price for the stock was revised from $91 to $86.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, DOX now has a Market Capitalization of 10.47B and an Enterprise Value of 10.68B. As of this moment, Amdocs’s Price-to-Earnings (P/E) ratio for their current fiscal year is 19.23, and their Forward P/E ratio for the next fiscal year is 12.60. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 2.24. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.12 while its Price-to-Book (P/B) ratio in mrq is 2.94. Its current Enterprise Value per Revenue stands at 2.16 whereas that against EBITDA is 12.21.
Stock Price History:
Over the past 52 weeks, DOX has reached a high of $99.75, while it has fallen to a 52-week low of $78.38. The 50-Day Moving Average of the stock is 91.55, while the 200-Day Moving Average is calculated to be 88.80.
Shares Statistics:
The stock has traded on average 679.91K shares per day over the past 3-months and 866.49k shares per day over the last 10 days, according to various share statistics. A total of 117.35M shares are outstanding, with a floating share count of 116.50M. Insiders hold about 0.00% of the company’s shares, while institutions hold 94.52% stake in the company. Shares short for DOX as of Feb 29, 2024 were 1.71M with a Short Ratio of 2.34, compared to 1.34M on Jan 31, 2024. Therefore, it implies a Short% of Shares Outstanding of 1.47% and a Short% of Float of 1.69%.
Dividends & Splits
In the trailing 12 months, DOX’s forward annual dividend rate was 1.74, compared to 2.22 this year. Against a Trailing Annual Dividend Yield of 1.95%, it implies a Forward Annual Dividend Yield of 2.13%. The stock’s 5-year Average Dividend Yield is 1.83.
Earnings Estimates
Its stock is currently analyzed by 6 different market analysts. On average, analysts expect EPS of $1.57 for the current quarter, with a high estimate of $1.61 and a low estimate of $1.56, while EPS last year was $1.47. The consensus estimate for the next quarter is $1.67, with high estimates of $1.7 and low estimates of $1.63.
Analysts are recommending an EPS of between $6.55 and $6.41 for the fiscal current year, implying an average EPS of $6.5. EPS for the following year is $7.14, with 6 analysts recommending between $7.4 and $6.84.
Revenue Estimates
A total of 7 analysts have provided revenue estimates for DOX’s current fiscal year. The highest revenue estimate was $5.05B, while the lowest revenue estimate was $5.02B, resulting in an average revenue estimate of $5.04B. In the same quarter a year ago, actual revenue was $4.89B, up 3.10% from the average estimate. Based on 7 analysts’ estimates, the company’s revenue will be $5.29B in the next fiscal year. The high estimate is $5.38B and the low estimate is $5.18B. The average revenue growth estimate for next year is up 4.90% from the average revenue estimate for this year.
