Amdocs (DOX) Stock Price, News & Analysis

Company Overview

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. It also offers AI-powered, cloud-native, and home operating systems; data intelligence solutions and applications; end-to-end application development and maintenance services; and ongoing maintenance services. In addition, the company provides a line of services designed for various stages of a service provider's lifecycle includes consulting, delivery, quality engineering, operations, systems integration, network services, experience-driven services, data, cloud, and content services; managed services comprising application development, modernization and maintenance, IT and infrastructure services, testing and professional services that are designed to assist customers in the selection, implementation, operation, management, and maintenance of IT systems. It serves to the communications, entertainment, and media industry service providers, as well as mobile virtual network operators. Amdocs Limited was founded in 1988 and is headquartered in Saint Louis, Missouri.

Key Stats

• Today's Range: $83.64 to $84.95
• 50-Day Range: $83.98 to $92.86
• 52-Week Range: $74.41 to $94.04
• Volume: 734,863 shs
• Average Volume: 683,142 shs
• Market Capitalization: $9.87 billion
• P/E Ratio: 19.81
• Dividend Yield: 2.29%
• Price Target: $101.83
• Consensus Rating: Moderate Buy

Amdocs Stock Analysis - MarketRank™

Amdocs scored higher than 93% of companies evaluated by MarketBeat, and ranked 82nd out of 656 stocks in the computer and technology sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 2.4 / 5
• Analyst Rating: Moderate Buy

Consensus Rating

Amdocs has received a consensus rating of Moderate Buy. The company's average rating score is 2.83, and is based on 5 buy ratings, 1 hold rating, and no sell ratings.

Amount of Analyst Coverage

Amdocs has only been the subject of 3 research reports in the past 90 days.

Earnings and Valuation

• Score: 2.5 / 5
• Proj. Earnings Growth: 10.08%

Earnings Growth

Earnings for Amdocs are expected to grow by 10.08% in the coming year, from $6.25 to $6.88 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Amdocs is 19.81, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 128.75.

Price to Earnings Ratio vs. Sector

The P/E ratio of Amdocs is 19.81, which means that it is trading at a less expensive P/E ratio than the Computer and Technology sector average P/E ratio of about 261.88.

Price to Earnings Growth Ratio

Amdocs has a PEG Ratio of 1.39. PEG Ratios above 1 indicate that a company could be overvalued.

Price to Book Value per Share Ratio

Amdocs has a P/B Ratio of 2.82. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

• Score: 2.0 / 5
• Short Interest Level: Bearish

Percentage of Shares Shorted

2.52% of the float of Amdocs has been sold short.

Short Interest Ratio / Days to Cover

Amdocs has a short interest ratio ("days to cover") of 5.3.

Change versus previous month

Short interest in Amdocs has recently increased by 0.35%, indicating that investor sentiment is decreasing.

Dividend

• Score: 4.2 / 5
• Dividend Strength: Strong

Dividend Yield

Amdocs pays a meaningful dividend of 2.28%, higher than the bottom 25% of all stocks that pay dividends.

Dividend Growth

Amdocs has been increasing its dividend for 13 years.

Dividend Coverage

The dividend payout ratio of Amdocs is 45.28%. This payout ratio is at a healthy, sustainable level, below 75%.

Dividend Sustainability

Based on earnings estimates, Amdocs will have a dividend payout ratio of 27.91% next year. This indicates that Amdocs will be able to sustain or increase its dividend.

Sustainability and ESG

• Score: 3.6 / 5
• Environmental Score: -0.45

Percentage of Shares Shorted

2.52% of the float of Amdocs has been sold short.

Short Interest Ratio / Days to Cover

Amdocs has a short interest ratio ("days to cover") of 5.3.

Change versus previous month

Short interest in Amdocs has recently increased by 0.35%, indicating that investor sentiment is decreasing.

News and Social Media

• Score: 1.9 / 5
• News Sentiment: 0.36

News Sentiment

Amdocs has a news sentiment score of 0.36. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.60 average news sentiment score of Computer and Technology companies.

News Coverage This Week

MarketBeat has tracked 33 news articles for Amdocs this week, compared to 6 articles on an average week.

MarketBeat Follows

Only 1 people have added Amdocs to their MarketBeat watchlist in the last 30 days. This is a decrease of -83% compared to the previous 30 days.

Company Ownership

• Score: 2.5 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, Amdocs insiders have not sold or bought any company stock.

Percentage Held by Insiders

15.40% of the stock of Amdocs is held by insiders. A high percentage of insider ownership can be a sign of company health.

Percentage Held by Institutions

92.02% of the stock of Amdocs is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

DOX Stock Analysis - Frequently Asked Questions

How have DOX shares performed this year?

Amdocs' stock was trading at $87.89 on January 1st, 2024. Since then, DOX shares have decreased by 4.4% and is now trading at $83.99.
View the best growth stocks for 2024 here.

How were Amdocs' earnings last quarter?

Amdocs Limited (NASDAQ:DOX) announced its earnings results on Wednesday, August, 7th. The technology company reported $1.62 earnings per share for the quarter, beating the consensus estimate of $1.60 by $0.02. Amdocs's revenue was up 1.1% compared to the same quarter last year.

Does Amdocs have any subsidiaries?

Amdocs subsidiaries include Sourced Group, Openet, Telecom Technology Services, Vubiquity, Brite:Bill, Pontis, Vindicia, and others.

Who are Amdocs' major shareholders?

Top institutional shareholders of Amdocs include FMR LLC (14.37%), Janus Henderson Group PLC (5.64%), Pzena Investment Management LLC (5.41%) and Allspring Global Investments Holdings LLC (2.70%).

How do I buy shares of Amdocs?

Shares of DOX stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of Amdocs own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Amdocs investors own include Humana (HUM), American Water Works (AWK), Waste Connections (WCN), Voyager Therapeutics (VYGR), The RMR Group (RMR), TotalEnergies (TTE) and DiamondRock Hospitality (DRH).

Company Calendar

• Last Earnings: 8/07/2024
• Ex-Dividend for 10/25 Dividend: 9/30/2024
• Dividend Payable: 10/25/2024
• Today: 11/18/2024
• Next Earnings (Estimated): 2/04/2025
• Fiscal Year End: 9/30/2025

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Computer and Technology
• Industry: Custom computer programming services
• Sub-Industry: IT Consulting & Other Services
• Current Symbol: NASDAQ:DOX
• CUSIP: G0260210
• CIK: 1062579
• Web: www.amdocs.com
• Phone: (314) 212-7000
• Fax: 1 314 212 7500
• Employees: 30,695
• Year Founded: 1982

Price Target and Rating

• Average Stock Price Target: $101.83
• High Stock Price Target: $111.00
• Low Stock Price Target: $90.00
• Potential Upside/Downside: +21.2%
• Consensus Rating: Moderate Buy
• Rating Score (0-4): 2.83
• Research Coverage: 6 Analysts

Profitability

• EPS (Most Recent Fiscal Year): $4.24
• Trailing P/E Ratio: 19.81
• Forward P/E Ratio: 13.44
• P/E Growth: 1.39
• Net Income: $540.71 million
• Net Margins: 9.85%
• Pretax Margin: 11.81%
• Return on Equity: 18.69%
• Return on Assets: 10.37%

Debt

• Debt-to-Equity Ratio: 0.21
• Current Ratio: 1.20
• Quick Ratio: 1.24

Sales & Book Value

• Annual Sales: $5.00 billion
• Price / Sales: 1.97
• Cash Flow: $7.31 per share
• Price / Cash Flow: 11.49
• Book Value: $29.77 per share
• Price / Book: 2.82

Miscellaneous

• Outstanding Shares: 117,540,000
• Free Float: 99,435,000
• Market Cap: $9.87 billion
• Optionable: Optionable
• Beta: 0.74