At the time of writing, Amdocs Ltd [DOX] stock is trading at $87.84, up 1.57%. One of the good ways to gauge the recent performance is if the stock’s short-term value is rising or falling. The DOX shares have lost -0.09% over the last week, with a monthly amount glided 0.51%, 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.
For the past year, the stock price of Amdocs Ltd fluctuated between $74.41 and $94.04. Currently, Wall Street analysts expect the stock to reach $102.5 within the next 12 months. Amdocs Ltd [NASDAQ: DOX] shares were valued at $87.84 at the most recent close of the market. An investor can expect a potential return of 16.69% based on the average DOX price forecast.
Analyzing the DOX fundamentals
According to Amdocs Ltd [NASDAQ:DOX], the company’s sales were 4.87B for trailing twelve months, which represents an -10.83% plunge. 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 86.66 points at the first support level, and at 85.49 for the second support level. However, for the 1st resistance point, the stock is sitting at 88.54, and for the 2nd resistance point, it is at 89.24.
Ratios To Look Out For
It is important to note that Amdocs Ltd [NASDAQ:DOX] has a current ratio of 1.16. Also, the Quick Ratio is 1.16, while the Cash Ratio stands at 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 20.25.
Transactions by insiders
Recent insider trading involved Smith Matthew E., Officer, that happened on Feb 28 ’25 when 525.0 shares were purchased. Officer, Raheja Rajat completed a deal on Nov 06 ’24 to buy 3815.0 shares.
