Informatica (NYSE:INFA) Announces Earnings Results

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

Informatica Trading Down 22.2 %

INFA stock traded down $5.59 during midday trading on Monday, reaching $19.59. 27,929,388 shares of the company traded hands, compared to its average volume of 1,038,936. Informatica has a 52-week low of $16.37 and a 52-week high of $39.80. The company has a debt-to-equity ratio of 0.75, a quick ratio of 2.17 and a current ratio of 2.17. The business has a 50 day moving average of $25.53 and a 200-day moving average of $25.45. The firm has a market capitalization of $5.98 billion, a price-to-earnings ratio of 93.27, a P/E/G ratio of 3.65 and a beta of 0.99.

Insider Buying and Selling at Informatica

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

Informatica announced that its Board of Directors has initiated a share repurchase 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 purchase up to 5.1% of its stock through open market purchases. Stock buyback plans are usually an indication that the company's board of directors believes its stock is undervalued.

Analyst Ratings Changes

A number of equities analysts have recently weighed in on the company. Robert W. Baird reaffirmed a "neutral" rating and issued a $19.00 price objective (down previously from $35.00) on shares of Informatica in a research note on Friday. Cantor Fitzgerald assumed coverage on Informatica in a research note on Friday, January 17th. They issued a "neutral" rating and a $29.00 price objective for the company. Guggenheim reaffirmed a "buy" rating and issued a $37.00 price objective on shares of Informatica in a research note on Friday, January 31st. Deutsche Bank Aktiengesellschaft lowered Informatica from a "buy" rating to a "hold" rating and set a $21.00 price objective for the company. in a research note on Friday. Finally, Wells Fargo & Company reaffirmed an "equal weight" rating and issued a $19.00 price objective (down previously from $34.00) on shares of Informatica in a research note on Friday. Eleven equities 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, Informatica presently has an average rating of "Hold" and a consensus target price of $26.17.

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.