Infosys Ltd ADR [INFY] stock prices are up 1.39% to $19.66 at the moment. An important factor to consider is whether the stock is rising or falling in short-term value. The INFY shares have gain 1.39% over the last week, with a monthly amount drifted -1.01%, and not seem to be holding up well over a long-time horizon.
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From an analyst’s perspective:
Infosys Ltd ADR [NYSE: INFY] stock has seen the most recent analyst activity on February 06, 2024, when HSBC Securities downgraded its rating to a Hold. Previously, Exane BNP Paribas started tracking the stock with Outperform rating on January 17, 2024, and set its price target to $24. On January 03, 2024, upgrade upgraded it’s rating to Buy. JP Morgan upgraded its rating to a Overweight. JP Morgan upgraded its rating to a Neutral and raised its price target to $16.80 on October 04, 2023. In a note dated June 21, 2023, Susquehanna downgraded an Negative rating on this stock but restated the target price of $13.
The stock price of Infosys Ltd ADR [INFY] has been fluctuating between $14.71 and $20.74 over the past year. Currently, Wall Street analysts expect the stock to reach $22.2 within the next 12 months. Infosys Ltd ADR [NYSE: INFY] shares were valued at $19.66 at the most recent close of the market. An investor can expect a potential return of 12.92% based on the average INFY price forecast.
Analyzing the INFY fundamentals
The Infosys Ltd ADR [NYSE:INFY] reported sales of 18.55B for trailing twelve months, representing a surge of 0.03%. Gross Profit Margin for this corporation currently stands at 0.3% with Operating Profit Margin at 0.21%, Pretax Profit Margin comes in at 0.22%, and Net Profit Margin reading is 0.16%. To continue investigating profitability, this company’s Return on Assets is posted at 0.19, Equity is 0.31 and Total Capital is 0.35. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.12.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 19.52 points at the first support level, and at 19.38 for the second support level. However, for the 1st resistance point, the stock is sitting at 19.85, and for the 2nd resistance point, it is at 20.05.
Infosys Ltd ADR [INFY] reported earnings per share of $0.18 for its fiscal quarter that ended on 12/30/2023. Based on the Wall Street analysts’ estimates, the company was expected to report earnings of $0.18/share, meaning a difference of $0 and a surprise factor of 0.00%. By comparison, the stated earnings for the previous quarter ended on 9/29/2023 were $0.18 per share as compared to estimates of $0.18 per share, a difference of $0 representing a surprise of 0.00%.
Ratios To Look Out For
It’s worth pointing out that Infosys Ltd ADR [NYSE:INFY]’s Current Ratio is 1.97. On the other hand, the Quick Ratio is 1.97, and the Cash Ratio is 0.35. Considering the valuation of this stock, the price to sales ratio is 4.40, the price to book ratio is 8.46 and price to earnings (TTM) ratio is 27.59.
