Infosys Ltd ADR (NYSE: INFY) closed the day trading at $17.63 down -0.51% from the previous closing price of $17.72. In other words, the price has decreased by -$0.09 from its previous closing price. On the day, 12253101 shares were traded.
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Ratios:
For a better understanding of INFY, let’s look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 28.17 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 25.59. For the most recent quarter (mrq), Quick Ratio is recorded 1.97 and its Current Ratio is at 1.97. In the meantime, Its Debt-to-Equity ratio is 0.11 whereas as Long-Term Debt/Eq ratio is at 0.08.
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, Guggenheim on March 19, 2024, initiated with a Neutral rating and assigned the stock a target price of $20.
On January 17, 2024, Exane BNP Paribas started tracking the stock assigning a Outperform rating and target price of $24.Exane BNP Paribas initiated its Outperform rating on January 17, 2024, with a $24 target price.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, INFY now has a Market Capitalization of 75.05B and an Enterprise Value of 73.25B. As of this moment, Infosys’s Price-to-Earnings (P/E) ratio for their current fiscal year is 24.74, and their Forward P/E ratio for the next fiscal year is 22.04. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 1.67. For the stock, the TTM Price-to-Sale (P/S) ratio is 3.95 while its Price-to-Book (P/B) ratio in mrq is 7.58. Its current Enterprise Value per Revenue stands at 3.95 whereas that against EBITDA is 17.40.
Stock Price History:
Over the past 52 weeks, INFY has reached a high of $20.74, while it has fallen to a 52-week low of $14.71. The 50-Day Moving Average of the stock is 19.72, while the 200-Day Moving Average is calculated to be 17.77.
Shares Statistics:
Over the past 3-months, INFY traded about 8.14M shares per day on average, while over the past 10 days, INFY traded about 11.63M shares per day. A total of 4.15B shares are outstanding, with a floating share count of 4.15B. Insiders hold about 0.00% of the company’s shares, while institutions hold 11.56% stake in the company. Shares short for INFY as of Feb 29, 2024 were 43.89M with a Short Ratio of 5.39, compared to 32.73M on Jan 31, 2024.
Dividends & Splits
INFY’s forward annual dividend rate is 0.43, up from 0.43 a year ago. Against a Trailing Annual Dividend Yield of 2.43%, it implies a Forward Annual Dividend Yield of 2.42%. The stock’s 5-year Average Dividend Yield is 2.19. The current Payout Ratio is 48.69% for INFY, which recently paid a dividend on Nov 08, 2023 with an ex-dividend date of Oct 24, 2023. Stock splits for the company last occurred on Sep 12, 2018 when the company split stock in a 2:1 ratio.
Earnings Estimates
Current recommendations for the stock of the company come from 9 analysts. On average, analysts expect EPS of $0.18 for the current quarter, with a high estimate of $0.2 and a low estimate of $0.15, while EPS last year was $0.18. The consensus estimate for the next quarter is $0.18, with high estimates of $0.19 and low estimates of $0.17.
Analysts are recommending an EPS of between $0.73 and $0.68 for the fiscal current year, implying an average EPS of $0.71. EPS for the following year is $0.79, with 12 analysts recommending between $0.89 and $0.72.
Revenue Estimates
9 analysts predict $4.56B in revenue for the current quarter. It ranges from a high estimate of $4.8B to a low estimate of $4B. As of the current estimate, Infosys Ltd ADR’s year-ago sales were $4.55B, an estimated increase of 0.20% from the year-ago figure. For the next quarter, 5 analysts are estimating revenue of $4.67B, an increase of 1.90% over than the figure of $0.20% in the same quarter last year. There is a high estimate of $4.92B for the next quarter, whereas the lowest estimate is $4.29B.
A total of 11 analysts have provided revenue estimates for INFY’s current fiscal year. The highest revenue estimate was $18.67B, while the lowest revenue estimate was $17.99B, resulting in an average revenue estimate of $18.54B. In the same quarter a year ago, actual revenue was $18.21B, up 1.80% from the average estimate. Based on 11 analysts’ estimates, the company’s revenue will be $19.58B in the next fiscal year. The high estimate is $20.6B and the low estimate is $18.48B. The average revenue growth estimate for next year is up 5.60% from the average revenue estimate for this year.
