Amdocs Ltd [DOX] stock prices are up 1.48% to $87.23 at the moment. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The DOX shares have gain 1.48% over the last week, with a monthly amount glided 4.25%, and seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Amdocs Ltd [NASDAQ: DOX] stock has seen the most recent analyst activity on October 02, 2024, when Stifel initiated its Buy rating and assigned the stock a price target of $100. Previously, Jefferies started tracking the stock with Buy rating on December 01, 2023, and set its price target to $105. On May 16, 2023, upgrade upgraded it’s rating to Overweight and revised its price target to $115 on the stock. JP Morgan downgraded its rating to a Neutral and decreased its price target to $86 on December 14, 2021. JP Morgan upgraded its rating to a Overweight but $75 remained the price target by the analyst firm on November 11, 2020. Jefferies upgraded its rating to Buy for this stock on March 19, 2018. In a note dated January 31, 2018, Stifel reiterated an Buy rating on this stock and boosted its target price from $72 to $75.
The stock price of Amdocs Ltd [DOX] has been fluctuating between $74.41 and $94.04 over the past year. Currently, Wall Street analysts expect the stock to reach $102.5 within the next 12 months. Amdocs Ltd [NASDAQ: DOX] shares were valued at $87.23 at the most recent close of the market. An investor can expect a potential return of 17.51% based on the average DOX price forecast.
Analyzing the DOX fundamentals
The Amdocs Ltd [NASDAQ:DOX] reported sales of 4.87B for trailing twelve months, representing a drop of -10.83%. Gross Profit Margin for this corporation currently stands at 0.36% with Operating Profit Margin at 0.14%, Pretax Profit Margin comes in at 0.13%, and Net Profit Margin reading is 0.1%. To continue investigating profitability, this company’s Return on Assets is posted at 0.08, Equity is 0.14 and Total Capital is 0.14. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.23.
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 86.19 points at the first support level, and at 85.15 for the second support level. However, for the 1st resistance point, the stock is sitting at 87.89, and for the 2nd resistance point, it is at 88.54.
Ratios To Look Out For
It’s worth pointing out that Amdocs Ltd [NASDAQ:DOX]’s Current Ratio is 1.16. As well, the Quick Ratio is 1.16, while the Cash Ratio is 0.15. Considering the valuation of this stock, the price to sales ratio is 2.02, the price to book ratio is 2.84 and price to earnings (TTM) ratio is 20.22.
Transactions by insiders
Recent insider trading involved Raheja Rajat, Officer, that happened on Nov 06 ’24 when 3815.0 shares were purchased.
