Daily Progress: Amdocs Ltd (DOX) Drop -2.30, Closing at 82.07

Those determined to outshine the market strategically focus on the selection of individual stocks. Well-chosen stocks have the potential to substantially boost your wealth.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free
Sponsored

In the latest session, Amdocs Ltd (NASDAQ: DOX) closed at $82.07 down -2.30% from its previous closing price of $84.00. In other words, the price has decreased by -$2.30 from its previous closing price. On the day, 0.8 million shares were traded. DOX stock price reached its highest trading level at $84.19 during the session, while it also had its lowest trading level at $81.87.

Ratios:

For a deeper understanding of Amdocs Ltd’s stock, let’s take a closer look at its various ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 17.56 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 14.91. For the most recent quarter (mrq), Quick Ratio is recorded 1.29 and its Current Ratio is at 1.32. In the meantime, Its Debt-to-Equity ratio is 0.23 whereas as Long-Term Debt/Eq ratio is at 0.22.

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 9786190848 and an Enterprise Value of 9855310848. As of this moment, Amdocs’s Price-to-Earnings (P/E) ratio for their current fiscal year is 18.44, and their Forward P/E ratio for the next fiscal year is 11.62. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 1.92. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.92 while its Price-to-Book (P/B) ratio in mrq is 2.69. Its current Enterprise Value per Revenue stands at 1.983 whereas that against EBITDA is 10.633.

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 -6.86%, while the 200-Day Moving Average is calculated to be -5.80%.

Shares Statistics:

For the past three months, DOX has traded an average of 723.21K shares per day and 1052440 over the past ten days. 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 94.86% stake in the company. Shares short for DOX as of 1714435200 were 1818175 with a Short Ratio of 2.51, compared to 1711584000 on 1885067. Therefore, it implies a Short% of Shares Outstanding of 1818175 and a Short% of Float of 1.7999999999999998.

Dividends & Splits

According to the company, the forward annual dividend rate for DOX is 1.78, from 1.784 in the trailing year. Against a Trailing Annual Dividend Yield of 0.021238096The stock’s 5-year Average Dividend Yield is 1.84.

Most Popular