How should investors evaluate Infosys Ltd ADR (NYSE:INFY)?

Stocks of Infosys Ltd ADR (NYSE:INFY) traded higher last session on Wall Street, up 2.60% to $17.36.

According to the data, Infosys Ltd ADR (NYSE:INFY) has 45 analysts covering its stock. The consensus rating among analysts is ‘Hold’. As we calculate the median target price by taking the range between a high of $22.07 and a low of $13.00, we find $18.05. Given the previous closing price of $16.92, this indicates a potential upside of 6.68 percent. INFY stock price is now 0.98% away from the 50-day moving average and 3.23% away from the 200-day moving average. The market capitalization of the company currently stands at $72.05B.

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A total of 20 analysts have issued a hold rating and 15 have given it a buy rating. Brokers who have rated the stock have averaged $18.06 as their price target over the next twelve months.

With the price target enhanced from $14 to $16.80, JP Morgan Upgraded its rating from Underweight to Neutral for Infosys Ltd ADR (NYSE: INFY).

A total of 0.00% of the company’s stock is owned by insiders.

Wednesday’s opening bell rang with an opening price of $16.97 for Infosys Ltd ADR (NYSE: INFY). During the past 12 months, Infosys Ltd ADR has had a low of $14.71 and a high of $20.57. As of last week, the company has a debt-to-equity ratio of 0.11, a current ratio of 1.96, and a quick ratio of 1.96. According to the stock market information, the enterprise value for the company is $68.40B, which is based on a 23.90 price-to-earnings ratio, a 1.61 price-to-earnings-growth ratio, and a beta of 0.93. The fifty day moving average price for INFY is $17.19 and a two-hundred day moving average price translates $16.81 for the stock.

The latest earnings results from Infosys Ltd ADR (NYSE: INFY) was released for Sep, 2023. According to the Information Technology Services Company, earnings per share came in at $0.18, inline with analysts’ expectations of $0.18. This compares to $0.18 EPS in the same period last year. The net profit margin was 16.29% and return on equity was 30.89% for INFY. The company reported revenue of $4.72 billion for the quarter, compared to $4.55 billion a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 3.58 percent. For the current quarter, analysts expect INFY to generate $4.63B in revenue.

Infosys Ltd ADR(INFY) Company Profile

Infosys Limited, together with its subsidiaries, provides consulting, technology, outsourcing, and next-generation digital services in North America, Europe, India, and internationally. It provides application management and application development services, independent validation solutions, product engineering and management, infrastructure management services, traditional enterprise application implementation, support, and integration services. The company’s products and platforms include Finacle, a core banking solution; Edge suite of products; Panaya platform, Infosys Equinox, Infosys Helix, Infosys Applied AI, Infosys Cortex, and Stater digital platforms; and Infosys McCamish, an insurance platform. It serves enterprises in the financial services and insurance, manufacturing, retail, consumer packaged goods, logistics, energy, utilities, resources, services, communications, telecom OEM, media, hi-tech, and life sciences and healthcare industries. The company has a collaboration with Microsoft to accelerate and democratize industry-wide adoption of generative AI; and strategic collaboration with Amazon Web Services Inc to deliver technology transformation and industry specific solutions to financial organizations. The company was formerly known as Infosys Technologies Limited and changed its name to Infosys Limited in June 2011. Infosys Limited was incorporated in 1981 and is headquartered in Bengaluru, India.

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