In yesterday’s Wall Street session, Amdocs Ltd (NASDAQ:DOX) shares traded at $90.37, up 0.52% from the previous session.
DOX stock price is now -1.28% away from the 50-day moving average and 1.77% away from the 200-day moving average. The market capitalization of the company currently stands at $10.53B.
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With the price target of $105, Jefferies recently initiated with Buy rating for Amdocs Ltd (NASDAQ: DOX). On May 16, 2023, Barclays Upgraded its previous ‘Equal Weight’ rating to ‘Overweight’ on the stock increasing its target price from $100 to quote $115, while ‘JP Morgan’ rates the stock as ‘Neutral’
A total of 0.00% of the company’s stock is owned by insiders.
During the past 12 months, Amdocs Ltd has had a low of $78.38 and a high of $99.75. As of last week, the company has a debt-to-equity ratio of 0.23, a current ratio of 1.29, and a quick ratio of 1.29. According to the stock market information, the enterprise value for the company is $10.68B, which is based on a 19.33 price-to-earnings ratio, a 2.25 price-to-earnings-growth ratio, and a beta of 0.69. The fifty day moving average price for DOX is $91.55 and a two-hundred day moving average price translates $88.80 for the stock.
The latest earnings results from Amdocs Ltd (NASDAQ: DOX) was released for Dec, 2023. According to the Software – Infrastructure Company, earnings per share came in at $1.56, inline with analysts’ expectations of $1.56. This compares to $1.09 EPS in the same period last year. The net profit margin was 11.25% and return on equity was 15.66% for DOX. The company reported revenue of $1.25 billion for the quarter, compared to $1.19 billion a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 5.02 percent. For the current quarter, analysts expect DOX to generate $1.25B in revenue.
