Amdocs Limited (DOX) to Release Quarterly Earnings on Wednesday
Amdocs Limited (NASDAQ:DOX) is scheduled to announce its earnings results after the market closes on Wednesday, November 8th. Analysts expect the company to announce earnings of $0.99 per share for the quarter.
Shares of Amdocs Limited (DOX) opened at $63.55 on Monday. Amdocs Limited has a one year low of $54.91 and a one year high of $67.98. The firm has a market cap of $9,237.31, a price-to-earnings ratio of 18.21, a P/E/G ratio of 2.20 and a beta of 0.53.
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Several analysts recently weighed in on DOX shares. Zacks Investment Research raised shares of Amdocs Limited from a “hold” rating to a “buy” rating and set a $75.00 price objective on the stock in a research note on Friday, August 4th. Stifel Nicolaus restated a “buy” rating and issued a $72.00 target price (up previously from $68.00) on shares of Amdocs Limited in a report on Thursday, August 3rd. Oppenheimer Holdings, Inc. restated a “buy” rating and issued a $70.00 target price on shares of Amdocs Limited in a report on Tuesday, September 5th. Barclays PLC restated a “hold” rating and issued a $68.00 target price on shares of Amdocs Limited in a report on Friday, August 4th. Finally, Robert W. Baird restated a “hold” rating and issued a $66.00 target price on shares of Amdocs Limited in a report on Friday, September 1st. One research analyst has rated the stock with a sell rating, five have assigned a hold rating and three have given a buy rating to the stock. Amdocs Limited currently has a consensus rating of “Hold” and an average target price of $69.88.
About Amdocs Limited
Amdocs Limited is a provider of software and services for communications, entertainment and media industry service providers. The Company develops, implements and manages software and services associated with business support systems (BSS), operational support systems (OSS) and network operations to enable service providers to introduce new products and services, process orders, monetize data, support new business models and enhance their understanding of their customers.
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