Infosys Ltd (NYSE:INFY) shares traded -0.73% down during most recent session to reach at the closing price of $15.05. The stock exchanged hands 3.12 Million shares versus average trading capacity of 6.15 Million shares, yielding a market cap of $33.82 Billion. Wall Street analysts covering the stock are projecting that the stock will reach $15.55 within the next 52-weeks. The mean target projections are based on 11 opinions.
Taking a broader look brokerage firms’ analysts on the street with an expectant view have Infosys Ltd (NYSE:INFY) high price target of $18 and with a conservative view have low price target of $12.3.
Bank of America “Downgrades” Infosys Ltd (NYSE:INFY) in a research note issued to investors on 12/01/16 to Neutral with price target of $0.
Additionally on 9/09/16 Wedbush “Initiates Coverage on” Infosys Ltd (NYSE:INFY) to Neutral setting price target at $18 and on 8/09/16 HSBC “Downgrades” the stock to Hold. Furthermore on 7/18/16 Credit Suisse “Downgrades” the stock to Neutral.
On the other hand the company has Relative Strength Index (RSI 14) of 51.24 along with Average True Range (ATR 14) of 0.23, Consequently Infosys Ltd (NYSE:INFY)’s weekly and monthly volatility is 1.46%, 1.32% respectively. The company’s beta value is at 0.79.
In terms of Buy, Sell or Hold recommendations, Infosys Ltd (NYSE:INFY) has analysts’ mean recommendation of 3.1. This is according to a simplified 1 to 5 scale where 1 represents a Strong Buy and 5 a Strong Sell.
According to analysts Infosys Ltd (NYSE:INFY)’s minimum EPS for the current quarter is at $0.22 and can go high up to $0.25. The consensus mean EPS for the current quarter is at $0.23 derived from a total of 12 estimates from the analysts who have weighed in on projected earnings. However the company reported $0.22 earnings per share for the same quarter during last year.
Infosys Ltd (NYSE:INFY)’s revenue estimates for the current quarter are $2.65 Billion according to 12 number of analysts, for the current quarter the company has high revenue estimates of $2.73 Billion in contradiction of low revenue estimates of $2.62 Billion. For the current year the company’s revenue estimates are $10.98 Billion compared to low analyst estimates of $10.82 Billion and high estimates of $11.25 Billion according to 15 number of analysts.
Currently Infosys Ltd (NYSE:INFY)’s shares owned by insiders are 18.2%, whereas shares owned by institutional owners are 20.7%. However the six-month change in the insider ownership was recorded 0%, as well as three-month change in the institutional ownership was recorded 8.63%.
Infosys Ltd (NYSE:INFY) 52-week high price stands at $19.76 and low price stands at $13.42, its price distance from 52-week high is -23.84% while its distance from 52-week low price is 12.15%. The stock hit its 52-week high on 06/06/16, and 52-week low on 02/01/17.
Infosys Ltd (NYSE:INFY)’s trailing twelve month revenues are $10.56 Billion, whereas its price to sales ratio for the same period is 3.22. Its book value per share for the most recent quarter is $4.65 while its price to book ratio for the same period is 3.24, as for as the company’s cash per share for the most recent quarter is $2.22, however its price to cash per share ratio for the same period is 6.77. The stock has 5 year expected PEG ratio of 1.46 whereas its trailing twelve month P/E ratio is 15.55.