Infosys Limited (INFY) Getting Somewhat Positive Press Coverage, Analysis Finds
News headlines about Infosys Limited (NYSE:INFY) have trended somewhat positive this week, according to Accern Sentiment. The research group rates the sentiment of press coverage by analyzing more than 20 million news and blog sources. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Infosys Limited earned a media sentiment score of 0.08 on Accern’s scale. Accern also gave news coverage about the technology company an impact score of 44.5138098694366 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the stock’s share price in the next few days.
These are some of the media stories that may have effected Accern’s analysis:
- Infosys Ltd ADR (INFY) Stock Rating Lowered by BidaskClub (americanbankingnews.com)
- GST glitches: Infosys blames frequent rate changes – Hindu Business Line (thehindubusinessline.com)
- Vemuri may be Infy’s top choice for CEO | Business Line – Hindu Business Line (thehindubusinessline.com)
- Ashok Vemuri in contention for Infosys CEO role; Will he return to Infy? – Moneycontrol.com (moneycontrol.com)
- Technical Indicator Analysis for Infosys Limited (NYSE:INFY) – The Oracle Examiner (oracleexaminer.com)
Shares of Infosys Limited (INFY) opened at $14.63 on Monday. The company has a market capitalization of $33,439.48, a P/E ratio of 15.08, a price-to-earnings-growth ratio of 1.59 and a beta of 0.68. Infosys Limited has a one year low of $13.42 and a one year high of $16.15.
Infosys Limited (NYSE:INFY) last posted its quarterly earnings data on Tuesday, October 24th. The technology company reported $0.25 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $0.24 by $0.01. The firm had revenue of $2.73 billion during the quarter, compared to the consensus estimate of $2.78 billion. Infosys Limited had a return on equity of 21.05% and a net margin of 21.04%. During the same period in the prior year, the business earned $0.24 EPS. analysts predict that Infosys Limited will post 0.98 EPS for the current year.
The firm also recently announced a dividend, which was paid on Wednesday, November 1st. Stockholders of record on Wednesday, November 1st were paid a dividend of $0.20 per share. The ex-dividend date of this dividend was Tuesday, October 31st. Infosys Limited’s dividend payout ratio (DPR) is 42.27%.
A number of analysts recently issued reports on INFY shares. Zacks Investment Research cut Infosys Limited from a “buy” rating to a “hold” rating in a research report on Thursday, October 5th. BidaskClub cut Infosys Limited from a “sell” rating to a “strong sell” rating in a research report on Saturday. Deutsche Bank AG raised Infosys Limited from a “hold” rating to a “buy” rating in a research report on Monday, August 28th. Robert W. Baird reissued a “hold” rating and issued a $16.00 target price on shares of Infosys Limited in a research report on Sunday, September 3rd. Finally, Stifel Nicolaus reissued a “hold” rating on shares of Infosys Limited in a research report on Thursday, October 26th. Three investment analysts have rated the stock with a sell rating, eleven have issued a hold rating and two have assigned a buy rating to the stock. The company presently has a consensus rating of “Hold” and an average target price of $15.34.
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Infosys Limited Company Profile
Infosys Limited is engaged in consulting, technology, outsourcing and next-generation services. The Company, along with its subsidiaries, provides business information technology services comprising application development and maintenance, independent validation, infrastructure management, engineering services comprising product engineering and life cycle solutions and business process management; consulting and systems integration services comprising consulting, enterprise solutions, systems integration and advanced technologies; products, business platforms and solutions to accelerate intellectual property-led innovation, including Finacle, its banking solution, and offerings in the areas of Analytics, Cloud and Digital Transformation.
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