Amdocs (DOX) to Release Earnings on Tuesday

Amdocs (NASDAQ:DOX - Get Free Report) is scheduled to issue its quarterly earnings data after the market closes on Tuesday, November 12th. Analysts expect the company to announce earnings of $1.51 per share for the quarter. Investors interested in registering for the company's conference call can do so using this link.

Amdocs (NASDAQ:DOX - Get Free Report) last announced its earnings results on Wednesday, August 7th. The technology company reported $1.62 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $1.60 by $0.02. The company had revenue of $1.25 billion for the quarter, compared to analyst estimates of $1.25 billion. Amdocs had a return on equity of 17.89% and a net margin of 10.21%. Amdocs's revenue for the quarter was up 1.1% compared to the same quarter last year. During the same period in the previous year, the firm earned $1.41 earnings per share. On average, analysts expect Amdocs to post $6 EPS for the current fiscal year and $6 EPS for the next fiscal year.

Amdocs Trading Up 0.9 %

DOX traded up $0.83 during trading on Tuesday, reaching $89.31. The company had a trading volume of 400,000 shares, compared to its average volume of 668,878. The firm's 50-day simple moving average is $87.56 and its 200 day simple moving average is $83.70. The company has a debt-to-equity ratio of 0.21, a quick ratio of 1.24 and a current ratio of 1.24. The company has a market cap of $10.50 billion, a price-to-earnings ratio of 20.58, a PEG ratio of 1.42 and a beta of 0.74. Amdocs has a 12-month low of $74.41 and a 12-month high of $94.04.

Amdocs Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Friday, October 25th. Stockholders of record on Monday, September 30th were given a $0.479 dividend. This represents a $1.92 annualized dividend and a dividend yield of 2.15%. The ex-dividend date of this dividend was Monday, September 30th. Amdocs's dividend payout ratio (DPR) is currently 44.24%.

Analysts Set New Price Targets

A number of analysts have recently issued reports on the company. StockNews.com upgraded Amdocs from a "buy" rating to a "strong-buy" rating in a report on Friday, October 25th. Stifel Nicolaus started coverage on Amdocs in a research note on Wednesday, October 2nd. They issued a "buy" rating and a $100.00 price objective for the company. One equities research analyst has rated the stock with a hold rating, four have given a buy rating and one has given a strong buy rating to the company. According to data from MarketBeat.com, the company has a consensus rating of "Buy" and an average price target of $102.00.

About Amdocs

Amdocs Limited, through its subsidiaries, provides software and services worldwide. It designs, develops, operates, implements, supports, and markets open and modular cloud portfolio. The company provides CES23, a 5G and cloud-native microservices-based market-leading customer experience suite, that enables service providers to build, deliver, and monetize advanced services; Amdocs Subscription Marketplace, a software-as-a-service-based platform that includes an expansive network of pre-integrated digital services, such as media, gaming, eLearning, sports, and retail to security and business services; the monetization suite for charging, billing, policy, and revenue management; Intelligent networking suite with a set of modular, flexible, and open service lifecycle management capabilities for network automation journeys; amAIz, a telco GenAI framework; Amdocs Digital Brands Suite, a pre-integrated digital business suite; and Amdocs eSIM Cloud for service providers.