Infosys Limited (INFY) Receives News Sentiment Score of 0.17
News headlines about Infosys Limited (NYSE:INFY) have trended somewhat positive on Wednesday, Accern reports. The research firm rates the sentiment of media coverage by analyzing more than twenty million news and blog sources in real-time. Accern ranks coverage of companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Infosys Limited earned a media sentiment score of 0.17 on Accern’s scale. Accern also assigned media headlines about the technology company an impact score of 46.0745840882397 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the company’s share price in the next few days.
These are some of the news stories that may have effected Accern’s scoring:
- Pacad Investment Ltd. Lowers Its Position in Infosys Limited American Deposi (INFY) Stock Last Quarter – Modern Readers (modernreaders.com)
- Market Live: Sensex, Nifty extend losses, JP Group stocks fall up to 7% (livemint.com)
- Snap Inc. (SNAP) is at $13.52 per share and Infosys Limited (INFY) is listed at $15.67 – Stocks Gallery (stocksgallery.com)
- Infosys Ltd (INFY.NS) Share Activity Climbing in Session – Evergreen Caller (evergreencaller.com)
- Infosys Limited American Deposi (NYSE:INFY) Experiences Light Trading Volume – Modern Readers (modernreaders.com)
Infosys Limited (NYSE:INFY) traded up 0.52% during midday trading on Wednesday, reaching $15.60. The company had a trading volume of 2,523,530 shares. The stock has a market cap of $35.66 billion, a P/E ratio of 16.44 and a beta of 0.79. Infosys Limited has a 12 month low of $13.42 and a 12 month high of $16.71. The firm has a 50-day moving average of $15.33 and a 200-day moving average of $15.04.
Infosys Limited (NYSE:INFY) last released its quarterly earnings data on Friday, July 14th. The technology company reported $0.24 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $0.23 by $0.01. The company had revenue of $170.78 billion for the quarter, compared to analysts’ expectations of $170.51 billion. Infosys Limited had a net margin of 20.95% and a return on equity of 21.37%. The business’s revenue was up 1.8% on a year-over-year basis. During the same quarter in the prior year, the firm earned $0.22 EPS. On average, equities analysts expect that Infosys Limited will post $0.98 EPS for the current fiscal year.
A number of equities analysts have recently issued reports on INFY shares. Goldman Sachs Group, Inc. (The) reissued a “sell” rating on shares of Infosys Limited in a report on Friday, June 9th. William Blair cut Infosys Limited from a “market perform” rating to an “underperform” rating in a report on Thursday, April 13th. Cowen and Company set a $15.00 price target on Infosys Limited and gave the company a “hold” rating in a report on Thursday, April 13th. Oppenheimer Holdings, Inc. reaffirmed a “market perform” rating on shares of Infosys Limited in a report on Tuesday, April 18th. Finally, Zacks Investment Research cut Infosys Limited from a “buy” rating to a “hold” rating in a report on Friday, July 28th. Three research analysts have rated the stock with a sell rating, twelve have issued a hold rating and two have issued a buy rating to the company. Infosys Limited currently has an average rating of “Hold” and a consensus target price of $16.08.
About Infosys Limited
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.
Receive News & Ratings for Infosys Limited Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Infosys Limited and related companies with Analyst Ratings Network's FREE daily email newsletter.