Informatica Inc. (NYSE: INFA) is -1.23% lower on its value in year-to-date trading and has touched a low of $14.96 and a high of $23.87 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The INFA stock was last observed hovering at around $15.70 in the last trading session, with the day’s gains setting it 0.39% off its average median price target of $21.00 for the next 12 months. It is also 38.12% off the consensus price target high of $26.00 offered by 14 analysts, but current levels are -0.56% lower than the price target low of $16.00 for the same period.
Currently trading at $16.09, the stock is -6.41% and -6.27% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.5 million and changing 2.48% at the moment leaves the stock -16.01% off its SMA200. INFA registered -4.11% loss for a year compared to 6-month loss of -25.16%.
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The stock witnessed a -12.55% gain in the last 1 month and extending the period to 3 months gives it a -4.91%, and is -5.13% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 5.18% over the week and 3.62% over the month.
Informatica Inc. (INFA) has around 6000 employees, a market worth around $4.62B and $1.51B in sales. Fwd P/E is 17.32. Profit margin for the company is -3.60%. Distance from 52-week low is 7.55% and -32.59% from its 52-week high. The company has generated returns on investments over the last 12 months (0.20%).
Informatica Inc. (INFA) Analyst Forecasts
Analyst recommendations provided by FactSet shows that the consensus forecast for Informatica Inc. (INFA) is a “Overweight”. 14 analysts offering their recommendations for the stock have an average rating of 2.10, where 5 rate it as a Hold and 0 think it is a “Overweight”. 9 of the analysts rate the stock as a “Buy”. 0 analysts have rated the stock as a Sell or Underperform.
Informatica Inc. is expected to release its quarterly report on 04/26/2023.The EPS is expected to grow by 52.20% this year
Informatica Inc. (INFA) Top Institutional Holders
The shares outstanding are 283.43M, and float is at 112.95M with Short Float at 3.35%.
Informatica Inc. (INFA) Insider Activity
A total of 44 insider transactions have happened at Informatica Inc. (INFA) in the last six months, with sales accounting for 22 and purchases happening 22 times. The most recent transaction is an insider sale by Ghai Jitesh, the company’s EVP & Chief Product Officer. SEC filings show that Ghai Jitesh sold 18,941 shares of the company’s common stock on Mar 09 at a price of $17.00 per share for a total of $0.32 million. Following the sale, the insider now owns 0.4 million shares.
Informatica Inc. disclosed in a document filed with the SEC on Feb 15 that Walia Amit (Chief Executive Officer) sold a total of 86,720 shares of the company’s common stock. The trade occurred on Feb 15 and was made at $16.84 per share for $1.46 million. Following the transaction, the insider now directly holds 1.69 million shares of the INFA stock.
Still, SEC filings show that on Feb 15, Ghai Jitesh (EVP & Chief Product Officer) disposed off 46,427 shares at an average price of $18.55 for $0.86 million. The insider now directly holds 431,572 shares of Informatica Inc. (INFA).
