Amdocs Ltd Ord (NASDAQ:DOX) shares traded -0.37% down during most recent session to reach at the closing price of $54.22. The stock exchanged hands 902030 shares versus average trading capacity of 1.24 Million shares, yielding a market cap of $7.57 Billion. Wall Street analysts covering the stock are projecting that the stock will reach $70.57 within the next 52-weeks. The mean target projections are based on 7 opinions.
Taking a broader look brokerage firms’ analysts on the street with an expectant view have Amdocs Ltd Ord (NASDAQ:DOX) high price target of $77 and with a conservative view have low price target of $64.
Citigroup “Maintained” Amdocs Ltd Ord (NASDAQ:DOX) in a research note issued to investors on 8/02/18 to Buy with price target of $77.
Additionally on 3/19/18 Jefferies “Upgrades” Amdocs Ltd Ord (NASDAQ:DOX) to Buy and on 1/31/18 Stifel Nicolaus “Maintained” the stock to Buy at $75. Furthermore on 8/01/16 Jefferies “Maintained” the stock to Hold at $58.
On the other hand the company has Relative Strength Index (RSI 14) of 36.34 along with Average True Range (ATR 14) of 1, Consequently Amdocs Ltd Ord (NASDAQ:DOX)’s weekly and monthly volatility is 2.05%, 1.60% respectively. The company’s beta value is at 0.54.
In terms of Buy, Sell or Hold recommendations, Amdocs Ltd Ord (NASDAQ:DOX) has analysts’ mean recommendation of 0. This is according to a simplified 1 to 5 scale where 1 represents a Strong Buy and 5 a Strong Sell.
According to analysts Amdocs Ltd Ord (NASDAQ:DOX)’s minimum EPS for the current quarter is at $1.03 and can go high up to $1.04. The consensus mean EPS for the current quarter is at $1.03 derived from a total of 7 estimates from the analysts who have weighed in on projected earnings. However the company reported $0.95 earnings per share for the same quarter during last year.
Previously Amdocs Ltd Ord (NASDAQ:DOX) reported $0.98 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.99 by $-0.01. The company posted an earnings surprise of -1%.
Amdocs Ltd Ord (NASDAQ:DOX)’s revenue estimates for the current quarter are $1.02 Billion according to 5 number of analysts, for the current quarter the company has high revenue estimates of $1.02 Billion in contradiction of low revenue estimates of $1.01 Billion. For the current year the company’s revenue estimates are $4.08 Billion compared to low analyst estimates of $4.07 Billion and high estimates of $4.09 Billion according to 6 number of analysts.
Currently Amdocs Ltd Ord (NASDAQ:DOX)’s shares owned by insiders are 4.8%, whereas shares owned by institutional owners are 99.2%. However the six-month change in the insider ownership was recorded 0%, as well as three-month change in the institutional ownership was recorded 0.75%.
Amdocs Ltd Ord (NASDAQ:DOX)’s trailing twelve month revenues are $4.01 Billion, whereas its price to sales ratio for the same period is 1.89. Its book value per share for the most recent quarter is $24.72 while its price to book ratio for the same period is 2.19, as for as the company’s cash per share for the most recent quarter is $0, however its price to cash per share ratio for the same period is 0. The stock has 5 year expected PEG ratio of 3.85 whereas its trailing twelve month P/E ratio is 22.73.