Cantor Fitzgerald Raises Earnings Estimates for Informatica

Informatica Inc. (NYSE:INFA - Free Report) - Equities research analysts at Cantor Fitzgerald raised their FY2025 earnings estimates for shares of Informatica in a report issued on Friday, February 14th. Cantor Fitzgerald analyst T. Blakey now anticipates that the technology company will post earnings per share of $0.84 for the year, up from their prior estimate of $0.70. Cantor Fitzgerald currently has a "Hold" rating and a $29.00 price target on the stock. The consensus estimate for Informatica's current full-year earnings is $0.65 per share.

Informatica (NYSE:INFA - Get Free Report) last posted its earnings results on Thursday, February 13th. The technology company reported $0.21 EPS for the quarter, missing analysts' consensus estimates of $0.38 by ($0.17). The firm had revenue of $428.31 million for the quarter, compared to analyst estimates of $457.55 million. Informatica had a return on equity of 5.76% and a net margin of 0.61%.

Several other analysts have also recently commented on the company. Wells Fargo & Company restated an "equal weight" rating and issued a $19.00 price target (down previously from $34.00) on shares of Informatica in a report on Friday, February 14th. Bank of America downgraded shares of Informatica from a "buy" rating to a "neutral" rating in a research report on Friday, February 14th. Baird R W cut Informatica from a "strong-buy" rating to a "hold" rating in a research note on Friday, February 14th. The Goldman Sachs Group lowered shares of Informatica from a "buy" rating to a "neutral" rating and reduced their target price for the company from $38.00 to $20.00 in a research note on Friday, February 14th. Finally, JPMorgan Chase & Co. lowered their price target on Informatica from $38.00 to $34.00 and set an "overweight" rating on the stock in a report on Friday, October 25th. Eleven equities research analysts have rated the stock with a hold rating and three have given a buy rating to the stock. According to data from MarketBeat, the stock currently has a consensus rating of "Hold" and an average target price of $24.67.

Informatica Price Performance

Shares of Informatica stock traded down $0.06 during trading on Monday, reaching $19.87. The company's stock had a trading volume of 3,121,362 shares, compared to its average volume of 2,537,966. The business has a 50 day moving average price of $25.28 and a 200-day moving average price of $25.38. The company has a quick ratio of 2.17, a current ratio of 2.17 and a debt-to-equity ratio of 0.75. The company has a market capitalization of $6.07 billion, a P/E ratio of 662.39, a price-to-earnings-growth ratio of 4.41 and a beta of 0.99. Informatica has a 12-month low of $16.37 and a 12-month high of $39.80.

Informatica announced that its Board of Directors has approved a stock repurchase program on Wednesday, October 30th that authorizes the company to buyback $400.00 million in shares. This buyback authorization authorizes the technology company to reacquire up to 5.1% of its shares through open market purchases. Shares buyback programs are generally a sign that the company's board believes its stock is undervalued.

Insider Buying and Selling at Informatica

In other Informatica news, EVP John Arthur Schweitzer sold 10,734 shares of Informatica stock in a transaction that occurred on Monday, December 16th. The shares were sold at an average price of $27.05, for a total value of $290,354.70. Following the completion of the sale, the executive vice president now directly owns 353,778 shares in the company, valued at $9,569,694.90. The trade was a 2.94 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, CAO Mark Pellowski sold 10,035 shares of the business's stock in a transaction that occurred on Monday, December 16th. The stock was sold at an average price of $27.06, for a total transaction of $271,547.10. Following the completion of the sale, the chief accounting officer now directly owns 138,477 shares of the company's stock, valued at $3,747,187.62. This represents a 6.76 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Corporate insiders own 48.10% of the company's stock.

Hedge Funds Weigh In On Informatica

A number of hedge funds and other institutional investors have recently made changes to their positions in the business. FMR LLC grew its stake in shares of Informatica by 126,639.2% during the fourth quarter. FMR LLC now owns 10,369,799 shares of the technology company's stock valued at $268,889,000 after purchasing an additional 10,361,617 shares during the last quarter. Allspring Global Investments Holdings LLC increased its position in shares of Informatica by 398.9% during the third quarter. Allspring Global Investments Holdings LLC now owns 7,042,961 shares of the technology company's stock worth $178,046,000 after acquiring an additional 5,631,139 shares in the last quarter. Wellington Management Group LLP boosted its holdings in Informatica by 29.9% during the third quarter. Wellington Management Group LLP now owns 11,564,047 shares of the technology company's stock worth $292,339,000 after purchasing an additional 2,662,379 shares during the last quarter. Pictet Asset Management Holding SA boosted its stake in shares of Informatica by 52.7% during the 4th quarter. Pictet Asset Management Holding SA now owns 7,127,036 shares of the technology company's stock worth $184,804,000 after buying an additional 2,459,197 shares during the last quarter. Finally, Vanguard Group Inc. grew its stake in Informatica by 28.6% in the fourth quarter. Vanguard Group Inc. now owns 10,844,546 shares of the technology company's stock valued at $281,199,000 after purchasing an additional 2,409,023 shares in the last quarter. 98.45% of the stock is owned by institutional investors.

Informatica Company Profile

Informatica Inc develops an artificial intelligence-powered platform that connects, manages, and unifies data across multi-vendor, multi-cloud, and hybrid systems at enterprise scale worldwide. Its platform includes a suite of interoperable data management products, including data integration products to ingest, transform, and integrate data; API and application integration products that enable users to create and manage APIs and integration processes for app-to-app synchronization, business process orchestration, B2B partner management, application development, and API management; data quality and observability products to profile, cleanse, standardize, observe, and monitor data to deliver accurate, complete, and consistent data; and master data management products to create an authoritative single source of truth of business-critical data.