Amdocs Limited (NASDAQ:DOX) Given Consensus Recommendation of “Hold” by Brokerages

Shares of Amdocs Limited (NASDAQ:DOXGet Free Report) have received a consensus recommendation of “Hold” from the seven analysts that are presently covering the firm, MarketBeat reports. One research analyst has rated the stock with a sell rating, three have issued a hold rating and three have given a buy rating to the company. The average 1 year target price among analysts that have updated their coverage on the stock in the last year is $86.6667.

Several brokerages have issued reports on DOX. Wall Street Zen upgraded shares of Amdocs from a “hold” rating to a “buy” rating in a research report on Saturday. KeyCorp began coverage on shares of Amdocs in a report on Monday, June 29th. They set a “sector weight” rating for the company. Stifel Nicolaus cut their target price on shares of Amdocs from $88.00 to $71.00 and set a “buy” rating for the company in a research report on Thursday, May 14th. Weiss Ratings reissued a “hold (c-)” rating on shares of Amdocs in a research note on Wednesday, August 5th. Finally, Cfra downgraded Amdocs to a “sell” rating in a research report on Thursday, May 14th.

Check Out Our Latest Research Report on DOX

Amdocs Price Performance

DOX opened at $62.91 on Monday. The firm has a market capitalization of $6.79 billion, a P/E ratio of 14.98, a price-to-earnings-growth ratio of 1.09 and a beta of 0.40. Amdocs has a one year low of $49.74 and a one year high of $86.14. The company has a fifty day moving average price of $55.10 and a 200-day moving average price of $61.13. The company has a debt-to-equity ratio of 0.23, a current ratio of 0.94 and a quick ratio of 0.94.

Amdocs (NASDAQ:DOXGet Free Report) last posted its quarterly earnings data on Thursday, August 6th. The technology company reported $1.84 earnings per share (EPS) for the quarter, meeting the consensus estimate of $1.84. Amdocs had a return on equity of 20.28% and a net margin of 9.75%.The company had revenue of $1.17 billion during the quarter, compared to analyst estimates of $1.18 billion. During the same quarter last year, the company earned $1.72 earnings per share. The firm’s quarterly revenue was up 2.7% on a year-over-year basis. Equities research analysts expect that Amdocs will post 6.56 earnings per share for the current fiscal year.

Amdocs Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, October 30th. Stockholders of record on Wednesday, September 30th will be given a dividend of $0.569 per share. The ex-dividend date is Wednesday, September 30th. This represents a $2.28 annualized dividend and a dividend yield of 3.6%. Amdocs’s dividend payout ratio is 54.05%.

Trending Headlines about Amdocs

Here are the key news stories impacting Amdocs this week:

  • Positive Sentiment: Amdocs’ AI-driven deal with Telefonica Chile could strengthen its managed-services business and demonstrate how the company is using artificial intelligence to expand or deepen telecom-customer relationships. The development supports the longer-term growth story, although the immediate financial contribution remains unclear. How Amdocs’ AI-Driven Telefonica Chile Deal Could Reshape Its Managed Services Trajectory
  • Positive Sentiment: Analysts maintain an average price target of $86.67 for DOX, suggesting substantial potential upside from recent trading levels and helping support investor sentiment. Amdocs Receives $86.67 Consensus Target Price from Analysts
  • Positive Sentiment: Zacks Research raised several estimates, including Q1 and Q2 fiscal 2027 EPS to $1.71, Q2 fiscal 2028 EPS to $1.93, Q3 fiscal 2028 EPS to $1.97, and fiscal 2028 EPS to $7.79 from $7.69. These increases point to expectations for improving longer-term earnings power.
  • Neutral Sentiment: The estimate changes were mixed rather than uniformly bullish. Zacks kept its current-year EPS forecast at $6.57, which matches consensus, while the various quarterly revisions largely offset one another.
  • Negative Sentiment: Zacks cut its Q4 fiscal 2026 EPS forecast to $1.78 from $1.81 and reduced fiscal 2026 EPS to $6.57 from $6.60. It also lowered fiscal 2027 EPS to $6.99 from $7.12 and Q3 fiscal 2027 EPS to $1.76 from $1.83, signaling some pressure on near-term and intermediate-term growth expectations. Zacks Research Has Pessimistic Outlook of Amdocs Q4 Earnings

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently bought and sold shares of the business. California State Teachers Retirement System lifted its holdings in shares of Amdocs by 1,194.0% in the 2nd quarter. California State Teachers Retirement System now owns 75,456 shares of the technology company’s stock worth $3,814,000 after acquiring an additional 69,625 shares during the last quarter. TD Waterhouse Canada Inc. raised its position in Amdocs by 14.1% in the 2nd quarter. TD Waterhouse Canada Inc. now owns 247,521 shares of the technology company’s stock worth $12,682,000 after purchasing an additional 30,555 shares during the period. Rehmann Capital Advisory Group lifted its stake in Amdocs by 3.6% in the second quarter. Rehmann Capital Advisory Group now owns 15,351 shares of the technology company’s stock worth $776,000 after purchasing an additional 529 shares during the last quarter. Hennessy Advisors Inc. bought a new stake in Amdocs in the second quarter worth $92,000. Finally, Greenleaf Trust purchased a new stake in Amdocs during the second quarter valued at about $201,000. 92.02% of the stock is currently owned by institutional investors.

About Amdocs

(Get Free Report)

Amdocs (NASDAQ: DOX) is a global software and services provider specializing in solutions for communications, media and entertainment companies. The company designs, develops and integrates revenue management, customer experience and digital services platforms that enable service providers to launch and monetize new offerings, streamline operations and enhance subscriber engagement. Amdocs’ product suite encompasses billing and order management, customer relationship management, digital commerce and network function virtualization, supported by professional services for implementation, integration and managed operations.

Founded in 1982 and structured as a separate public company in 1998, Amdocs has its corporate headquarters in Chesterfield, Missouri, and maintains major development centers in Ra’anana, Israel.

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Analyst Recommendations for Amdocs (NASDAQ:DOX)

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