Infosys (INFY) Stock Price, News & Analysis

Company Overview

Infosys Limited, together with its subsidiaries, provides consulting, technology, outsourcing, and next-generation digital services in North America, Europe, India, and internationally. It provides digital marketing and digital workplace, digital commerce, digital experience and interactions, metaverse, data analytics and AI, applied AI, generative AI, sustainability, blockchain, engineering, Internet of Things, enterprise agile DevOps, application modernization, cloud, digital process automation, digital supply chain, Microsoft business application and cloud business, service experience transformation, energy transition, cyber security, and quality engineering solutions; Oracle, SAP, and Saleforce solutions; API economy and microservices; and Topaz, an AI-first set of services, solutions, and platforms using generative AI technologies. The company's products and platforms include Finacle, a core banking solution; Edge suite of products; Panaya platform, Infosys Equinox, Infosys Helix, Infosys Applied AI, Infosys Cortex, and Stater digital platforms; and Infosys McCamish, an insurance platform. It serves aerospace and defense, agriculture, automotive, chemical manufacturing, communication, consumer packaged goods, education, engineering procurement and construction, healthcare, high technology, industrial manufacturing, information services and publishing, insurance, life science, logistics and distribution, media, entertainment, mining, oil and gas, private equity, professional, public, retail, travel, hospitality, utilities, and waste management industries. The company was formerly known as Infosys Technologies Limited and changed its name to Infosys Limited in June 2011. Infosys Limited was incorporated in 1981 and is headquartered in Bengaluru, India.

Key Stats

• Today's Range: $22.30 to $22.81
• 50-Day Range: $20.71 to $23.37
• 52-Week Range: $16.04 to $23.48
• Volume: 8.68 million shs
• Average Volume: 7.95 million shs
• Market Capitalization: $94.39 billion
• P/E Ratio: 29.22
• Dividend Yield: 1.84%
• Price Target: $20.85
• Consensus Rating: Hold

Infosys Stock Analysis - MarketRank™

Infosys scored higher than 41% of companies evaluated by MarketBeat, and ranked 465th out of 648 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: 1.2 / 5
• Analyst Rating: Hold

Consensus Rating

Infosys has received a consensus rating of Hold. The company's average rating score is 2.33, and is based on 6 buy ratings, 4 hold ratings, and 2 sell ratings.

Amount of Analyst Coverage

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

Earnings and Valuation

• Score: 2.5 / 5
• Proj. Earnings Growth: 10.67%

Earnings Growth

Earnings for Infosys are expected to grow by 10.67% in the coming year, from $0.75 to $0.83 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Infosys is 29.22, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 121.66.

Price to Earnings Ratio vs. Sector

The P/E ratio of Infosys is 29.22, 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 225.93.

Price to Earnings Growth Ratio

Infosys has a PEG Ratio of 3.55. PEG Ratios above 1 indicate that a company could be overvalued.

Price to Book Value per Share Ratio

Infosys has a P/B Ratio of 8.70. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

Short Interest

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

Percentage of Shares Shorted

1.81% of the float of Infosys has been sold short.

Short Interest Ratio / Days to Cover

Infosys has a short interest ratio ("days to cover") of 9.4.

Change versus previous month

Short interest in Infosys has recently increased by 11.14%, indicating that investor sentiment is decreasing significantly.

Dividend

• Score: 2.5 / 5
• Dividend Strength: Moderate

Dividend Yield

Infosys pays a meaningful dividend of 1.93%, higher than the bottom 25% of all stocks that pay dividends.

Dividend Growth

Infosys does not have a long track record of dividend growth.

Dividend Coverage

The dividend payout ratio of Infosys is 53.85%. This payout ratio is at a healthy, sustainable level, below 75%.

Dividend Sustainability

Based on earnings estimates, Infosys will have a dividend payout ratio of 50.60% next year. This indicates that Infosys will be able to sustain or increase its dividend.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

1.81% of the float of Infosys has been sold short.

Short Interest Ratio / Days to Cover

Infosys has a short interest ratio ("days to cover") of 9.4.

Change versus previous month

Short interest in Infosys has recently increased by 11.14%, indicating that investor sentiment is decreasing significantly.

News and Social Media

• Score: 2.0 / 5
• News Sentiment: 0.62

News Sentiment

Infosys has a news sentiment score of 0.62. 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 news sentiment score is similar to the average news sentiment of Computer and Technology companies.

News Coverage This Week

MarketBeat has tracked 11 news articles for Infosys this week, compared to 12 articles on an average week.

Search Interest

Only 4 people have searched for INFY on MarketBeat in the last 30 days. This is a decrease of -20% compared to the previous 30 days.

MarketBeat Follows

6 people have added Infosys to their MarketBeat watchlist in the last 30 days. This is an increase of 20% compared to the previous 30 days.

Company Ownership

• Score: 1.7 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

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

Percentage Held by Insiders

22.42% of the stock of Infosys is held by insiders. A high percentage of insider ownership can be a sign of company health.

Percentage Held by Institutions

Only 10.89% of the stock of Infosys is held by institutions.

INFY Stock Analysis - Frequently Asked Questions

How have INFY shares performed this year?

Infosys' stock was trading at $18.38 at the start of the year. Since then, INFY stock has increased by 24.0% and is now trading at $22.79.
View the best growth stocks for 2024 here.

How were Infosys' earnings last quarter?

Infosys Limited (NYSE:INFY) released its quarterly earnings data on Thursday, October, 17th. The technology company reported $0.19 earnings per share for the quarter, meeting analysts' consensus estimates of $0.19. The technology company earned $4.89 billion during the quarter, compared to analysts' expectations of $4.89 billion. Infosys had a trailing twelve-month return on equity of 31.43% and a net margin of 17.15%.

When did Infosys' stock split?

Infosys's stock split on Monday, December 8th 2014. The 2-1 split was announced on Monday, November 24th 2014. The newly issued shares were issued to shareholders after the closing bell on Friday, December 5th 2014. An investor that had 100 shares of stock prior to the split would have 200 shares after the split.

Does Infosys have any subsidiaries?

Infosys subsidiaries include these companies: Blue Acorn iCi, GuideVision, Kaleidoscope Innovation, Simplus, Eishtec, Hitachi Procurement Service, Stater, and others.

Who are Infosys' major shareholders?

Top institutional shareholders of Infosys include Robeco Institutional Asset Management B.V. (0.59%), State Street Corp (0.43%), Fisher Asset Management LLC (0.35%) and BNP Paribas Financial Markets (0.15%).

How do I buy shares of Infosys?

Shares of INFY 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 Infosys own?

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

Company Calendar

• Last Earnings: 10/17/2024
• Ex-Dividend for 10/29 Dividend: 10/29/2024
• Dividend Payable: 10/29/2024
• Today: 11/23/2024
• Next Earnings (Estimated): 1/09/2025
• Fiscal Year End: 3/31/2025

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Computer and Technology
• Industry: Custom computer programming services
• Sub-Industry: Computer Software
• Current Symbol: NYSE:INFY
• CUSIP: N/A
• CIK: 1067491
• Web: www.infosys.com
• Phone: 918028520261
• Fax: 91-80-2852-0362
• Employees: 317,240
• Year Founded: 1981

Price Target and Rating

• Average Stock Price Target: $20.85
• High Stock Price Target: $25.00
• Low Stock Price Target: $14.00
• Potential Upside/Downside: -8.5%
• Consensus Rating: Hold
• Rating Score (0-4): 2.33
• Research Coverage: 12 Analysts

Profitability

• EPS (Most Recent Fiscal Year): $0.78
• Trailing P/E Ratio: 29.22
• Forward P/E Ratio: 30.39
• P/E Growth: 3.55
• Net Income: $3.17 billion
• Net Margins: 17.15%
• Pretax Margin: 23.65%
• Return on Equity: 31.43%
• Return on Assets: 19.49%

Debt

• Debt-to-Equity Ratio: N/A
• Current Ratio: 2.19
• Quick Ratio: 2.19

Sales & Book Value

• Annual Sales: $18.56 billion
• Price / Sales: 5.09
• Cash Flow: $0.94 per share
• Price / Cash Flow: 24.36
• Book Value: $2.62 per share
• Price / Book: 8.70

Miscellaneous

• Outstanding Shares: 4,141,910,000
• Free Float: 3,213,294,000
• Market Cap: $94.39 billion
• Optionable: Optionable
• Beta: 1.00