Infosys (NYSE:INFY - Get Free Report) released its earnings results on Thursday. The technology company reported $0.19 earnings per share (EPS) for the quarter, hitting the consensus estimate of $0.19, RTT News reports. Infosys had a net margin of 17.15% and a return on equity of 31.43%. During the same period last year, the firm posted $0.18 earnings per share. Infosys updated its FY 2025 guidance to EPS.
Infosys Stock Performance
Infosys stock traded down $1.28 during mid-day trading on Thursday, reaching $21.61. 22,919,174 shares of the company were exchanged, compared to its average volume of 8,848,112. The firm has a market cap of $89.49 billion, a P/E ratio of 27.70, a PEG ratio of 3.71 and a beta of 1.00. The business has a fifty day moving average of $22.54 and a 200 day moving average of $22.15. Infosys has a 12-month low of $16.04 and a 12-month high of $23.63.
Infosys Increases Dividend
The firm also recently disclosed a semi-annual dividend, which was paid on Tuesday, October 29th. Investors of record on Friday, January 1st were issued a dividend of $0.2126 per share. This represents a yield of 1.1%. This is a positive change from Infosys's previous semi-annual dividend of $0.20. The ex-dividend date of this dividend was Tuesday, October 29th. Infosys's dividend payout ratio (DPR) is presently 53.85%.
Wall Street Analysts Forecast Growth
INFY has been the topic of a number of analyst reports. HSBC raised Infosys from a "hold" rating to a "buy" rating in a research note on Monday, December 9th. Investec downgraded Infosys from a "hold" rating to a "sell" rating in a research report on Thursday, October 3rd. BMO Capital Markets increased their target price on Infosys from $23.00 to $25.00 and gave the stock a "market perform" rating in a research note on Friday, October 18th. StockNews.com lowered shares of Infosys from a "buy" rating to a "hold" rating in a research note on Friday, January 3rd. Finally, Hsbc Global Res raised shares of Infosys from a "hold" rating to a "strong-buy" rating in a research note on Monday, December 9th. Two investment analysts have rated the stock with a sell rating, four have issued a hold rating, five have issued a buy rating and one has assigned a strong buy rating to the company's stock. According to MarketBeat, the company currently has a consensus rating of "Hold" and a consensus price target of $20.85.
View Our Latest Stock Analysis on INFY
Infosys Company Profile
(
Get Free Report)
Infosys Ltd. is a digital services and consulting company, which engages in the provision of end-to-end business solutions. It operates through the following segments: Financial Services, Retail, Communication, Energy, Utilities, Resources, and Services, Manufacturing, Hi-Tech, Life Sciences, and All Other.
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