Informatica (NYSE:INFA) Announces Quarterly Earnings Results, Misses Expectations By $0.17 EPS

Informatica (NYSE:INFA - Get Free Report) posted its quarterly earnings data on Thursday. The technology company reported $0.21 EPS for the quarter, missing the consensus estimate of $0.38 by ($0.17), Zacks reports. The firm had revenue of $428.31 million during the quarter, compared to analysts' expectations of $457.55 million. Informatica had a net margin of 3.89% and a return on equity of 5.29%. Informatica updated its FY 2025 guidance to EPS and its Q1 2025 guidance to EPS.

Informatica Price Performance

Shares of Informatica stock traded down $5.59 on Monday, hitting $19.59. 27,929,388 shares of the company traded hands, compared to its average volume of 1,038,936. The firm's 50-day simple moving average is $25.53 and its 200 day simple moving average is $25.45. The company has a current ratio of 2.17, a quick ratio of 2.17 and a debt-to-equity ratio of 0.75. The company has a market cap of $5.98 billion, a P/E ratio of 93.27, a P/E/G ratio of 3.65 and a beta of 0.99. Informatica has a 12-month low of $16.37 and a 12-month high of $39.80.

Wall Street Analysts Forecast Growth

Several research firms have commented on INFA. Bank of America lowered shares of Informatica from a "buy" rating to a "neutral" rating in a research note on Friday. The Goldman Sachs Group lowered shares of Informatica from a "buy" rating to a "neutral" rating in a research note on Friday. Cantor Fitzgerald began coverage on shares of Informatica in a research note on Friday, January 17th. They set a "neutral" rating and a $29.00 price target for the company. Royal Bank of Canada lowered shares of Informatica from an "outperform" rating to a "sector perform" rating and decreased their price target for the stock from $35.00 to $19.00 in a research note on Friday. Finally, Deutsche Bank Aktiengesellschaft lowered shares of Informatica from a "buy" rating to a "hold" rating and set a $21.00 price target for the company. in a research note on Friday. Eleven research analysts have rated the stock with a hold rating and three have issued a buy rating to the stock. According to data from MarketBeat.com, Informatica currently has an average rating of "Hold" and an average target price of $26.17.

Informatica announced that its board has authorized a stock buyback plan on Wednesday, October 30th that authorizes the company to buyback $400.00 million in outstanding shares. This buyback authorization authorizes the technology company to buy up to 5.1% of its stock through open market purchases. Stock buyback plans are generally an indication that the company's board believes its stock is undervalued.

Insider Activity

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

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.