At the time of writing, Amdocs Ltd [DOX] stock is trading at $92.55, up 3.59%. It is a good measure of the stock’s recent performance to check whether the stock’s short-term value is rising or falling. The DOX shares have gain 4.42% over the last week, with a monthly amount glided 15.03%, 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 $93.34. Currently, Wall Street analysts expect the stock to reach $105 within the next 12 months. Amdocs Ltd [NASDAQ: DOX] shares were valued at $92.55 at the most recent close of the market. An investor can expect a potential return of 13.45% based on the average DOX price forecast.
Analyzing the DOX fundamentals
According to Amdocs Ltd [NASDAQ:DOX], the company’s sales were 4.75B for trailing twelve months, which represents an -9.44% 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. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.23.
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 89.93 points at the first support level, and at 87.32 for the second support level. However, for the 1st resistance point, the stock is sitting at 94.89, and for the 2nd resistance point, it is at 97.23.
Ratios To Look Out For
It is important to note that Amdocs Ltd [NASDAQ:DOX] has a current ratio of 1.16. Further, the Quick Ratio stands at 1.16, while the Cash Ratio is 0.15. Considering the valuation of this stock, the price to sales ratio is 2.18, the price to book ratio is 3.00 and price to earnings (TTM) ratio is 19.37.
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.
