Infosys Limited (NYSE:INFY – Free Report) – Analysts at William Blair issued their FY2027 earnings estimates for Infosys in a report issued on Thursday, January 16th. William Blair analyst M. Nolan forecasts that the technology company will post earnings per share of $0.89 for the year. The consensus estimate for Infosys’ current full-year earnings is $0.74 per share.
A number of other analysts have also recently issued reports on INFY. HSBC raised Infosys from a “hold” rating to a “buy” rating in a report on Monday, December 9th. Hsbc Global Res raised shares of Infosys from a “hold” rating to a “strong-buy” rating in a report on Monday, December 9th. Investec lowered shares of Infosys from a “hold” rating to a “sell” rating in a research report on Thursday, October 3rd. BMO Capital Markets boosted their target price on Infosys from $23.00 to $25.00 and gave the stock a “market perform” rating in a research report on Friday, October 18th. Finally, StockNews.com lowered Infosys from a “buy” rating to a “hold” rating in a report on Friday, January 3rd. Two investment analysts have rated the stock with a sell rating, four have issued a hold rating, four have assigned a buy rating and one has given a strong buy rating to the company’s stock. According to data from MarketBeat.com, the stock currently has an average rating of “Hold” and an average price target of $20.22.
Infosys Trading Down 0.4 %
INFY opened at $21.11 on Monday. The company has a 50 day moving average of $22.51 and a 200 day moving average of $22.22. Infosys has a 12 month low of $16.04 and a 12 month high of $23.63. The company has a market cap of $87.44 billion, a PE ratio of 26.72, a price-to-earnings-growth ratio of 3.45 and a beta of 1.00.
Infosys (NYSE:INFY – Get Free Report) last issued its earnings results on Thursday, January 16th. The technology company reported $0.19 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.19. Infosys had a return on equity of 31.60% and a net margin of 17.28%. During the same period last year, the firm earned $0.18 EPS.
Institutional Investors Weigh In On Infosys
Several institutional investors and hedge funds have recently modified their holdings of the stock. Mizuho Securities Co. Ltd. bought a new stake in Infosys during the 3rd quarter valued at approximately $33,000. Brooklyn Investment Group purchased a new stake in shares of Infosys in the 4th quarter worth approximately $52,000. Wilmington Savings Fund Society FSB bought a new position in Infosys during the 3rd quarter valued at approximately $57,000. Whittier Trust Co. of Nevada Inc. grew its stake in shares of Infosys by 25.3% in the third quarter. Whittier Trust Co. of Nevada Inc. now owns 3,795 shares of the technology company’s stock worth $85,000 after acquiring an additional 766 shares during the last quarter. Finally, GAMMA Investing LLC raised its position in shares of Infosys by 34.3% in the 3rd quarter. GAMMA Investing LLC now owns 3,936 shares of the technology company’s stock worth $88,000 after purchasing an additional 1,005 shares during the last quarter. 16.20% of the stock is owned by hedge funds and other institutional investors.
Infosys Company Profile
Infosys Ltd. is a digital services and consulting company, which engages in the provision of end-to-end business solutions. It operates through the following segments: Financial Services, Retail, Communication, Energy, Utilities, Resources, and Services, Manufacturing, Hi-Tech, Life Sciences, and All Other.
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