The price of Infosys Ltd ADR (NYSE: INFY) closed at $18.93 in the last session, up 0.42% from day before closing price of $18.85. In other words, the price has increased by $+0.08 from its previous closing price. On the day, 9673064 shares were traded.
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
Ratios:
We take a closer look at INFY’s different ratios to gain a better understanding of the stock. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 30.24 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 27.48. 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 77.51B and an Enterprise Value of 75.72B. As of this moment, Infosys’s Price-to-Earnings (P/E) ratio for their current fiscal year is 26.57, and their Forward P/E ratio for the next fiscal year is 23.62. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 1.80. For the stock, the TTM Price-to-Sale (P/S) ratio is 4.24 while its Price-to-Book (P/B) ratio in mrq is 8.14. Its current Enterprise Value per Revenue stands at 4.08 whereas that against EBITDA is 17.99.
Stock Price History:
The Beta on a monthly basis for INFY is 0.94, which has changed by 11.75% over the last 52 weeks, in comparison to a change of 32.31% over the same period for the S&P500. 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 19.75, while the 200-Day Moving Average is calculated to be 17.73.
Shares Statistics:
According to the various share statistics, INFY traded on average about 7.70M shares per day over the past 3-months and 9.37M shares per day over the past 10 days. 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 11.57% stake in the company. Shares short for INFY as of Feb 29, 2024 were 43.89M with a Short Ratio of 5.70, compared to 32.73M on Jan 31, 2024.
Dividends & Splits
The forward annual dividend rate for INFY is 0.43, which was 0.43 in the trailing 12 months. Against a Trailing Annual Dividend Yield of 2.28%, it implies a Forward Annual Dividend Yield of 2.27%. 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
The company has 9 analysts who recommend its stock at the moment. 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
According to 9 analysts, the current quarter’s revenue is expected to be $4.56B. 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 $18.7B, while the lowest revenue estimate was $17.99B, resulting in an average revenue estimate of $18.56B. In the same quarter a year ago, actual revenue was $18.21B, up 1.90% from the average estimate. Based on 11 analysts’ estimates, the company’s revenue will be $19.6B in the next fiscal year. The high estimate is $20.67B 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.
