Infosys Ltd (NYSE:INFY) shares traded 0.1% up during most recent session to reach at the closing price of $9.88. The stock exchanged hands 13.96 Million shares versus average trading capacity of 10.12 Million shares, yielding a market cap of $42.97 Billion. Wall Street analysts covering the stock are projecting that the stock will reach $9.82 within the next 52-weeks. The mean target projections are based on 12 opinions.
Taking a broader look brokerage firms’ analysts on the street with an expectant view have Infosys Ltd (NYSE:INFY) high price target of $11.4 and with a conservative view have low price target of $7.
Goldman Sachs “Downgrades” Infosys Ltd (NYSE:INFY) in a research note issued to investors on 10/17/18 to Neutral with price target of $0.
Additionally on 9/14/18 Baird “Maintained” Infosys Ltd (NYSE:INFY) to Neutral setting price target at $10 and on 7/16/18 Cantor Fitzgerald “Maintained” the stock to Neutral at $19. Furthermore on 7/16/18 Cowen & Co. “Maintained” the stock to Market Perform at $17.
On the other hand the company has Relative Strength Index (RSI 14) of 60.57 along with Average True Range (ATR 14) of 0.2, Consequently Infosys Ltd (NYSE:INFY)’s weekly and monthly volatility is 1.74%, 2.01% respectively. The company’s beta value is at 0.46.
In terms of Buy, Sell or Hold recommendations, Infosys Ltd (NYSE:INFY) has analysts’ mean recommendation of 2.9. 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 $0.12 and can go high up to $0.14. The consensus mean EPS for the current quarter is at $0.13 derived from a total of 12 estimates from the analysts who have weighed in on projected earnings. However the company reported $0.18 earnings per share for the same quarter during last year.
Previously Infosys Ltd (NYSE:INFY) reported $0.13 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.13 by $0. The company posted an earnings surprise of 0%.
Infosys Ltd (NYSE:INFY)’s revenue estimates for the current quarter are $2.95 Billion according to 12 number of analysts, for the current quarter the company has high revenue estimates of $3.06 Billion in contradiction of low revenue estimates of $2.85 Billion. For the current year the company’s revenue estimates are $11.65 Billion compared to low analyst estimates of $11.13 Billion and high estimates of $11.85 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 19.5%. However the six-month change in the insider ownership was recorded 0%, as well as three-month change in the institutional ownership was recorded 0.1%.
Infosys Ltd (NYSE:INFY)’s trailing twelve month revenues are $10.79 Billion, whereas its price to sales ratio for the same period is 3.98. Its book value per share for the most recent quarter is $2.14 while its price to book ratio for the same period is 4.62, as for as the company’s cash per share for the most recent quarter is $0.82, however its price to cash per share ratio for the same period is 12. The stock has 5 year expected PEG ratio of 2.31 whereas its trailing twelve month P/E ratio is 18.47.