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Is Infosys Ltd ADR (INFY) a good stock to buy now?

Infosys Ltd ADR (NYSE: INFY) is 7.89% higher on its value in year-to-date trading and has touched a low of $14.71 and a high of $20.74 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The INFY stock was last observed hovering at around $19.96 in the last trading session, with the day’s loss setting it -0.13%.

Currently trading at $19.83, the stock is -1.65% and 1.73% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 6.15 million and changing -0.65% at the moment leaves the stock 13.53% off its SMA200. INFY registered 10.04% gain for a year compared to 6-month gain of 12.99%. The firm has a 50-day simple moving average (SMA 50) of $4.36 and a 200-day simple moving average (SMA200) of $19.20.

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The stock witnessed a -0.15% loss in the last 1 month and extending the period to 3 months gives it a 12.54%, and is -1.39% 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 0.81% over the week and 1.15% over the month.

Infosys Ltd ADR (INFY) has around 343234 employees, a market worth around $82.31B and $18.55B in sales. Current P/E ratio is 27.83 and Fwd P/E is 24.71. Profit margin for the company is 15.92%. Distance from 52-week low is 34.79% and -4.39% from its 52-week high. The company has generated returns on investments over the last 12 months (28.33%).

Infosys Ltd ADR quarterly earnings per share for the current quarter are estimated at $0.18 with sales reaching $4.56B over the same period.The EPS is expected to grow by 0.69% this year, but quarterly earnings will post 1.90% year-over-year. Quarterly sales are estimated to grow 0.20% in year-over-year returns.

Infosys Ltd ADR (INFY) Top Institutional Holders

720 institutions hold shares in Infosys Ltd ADR (INFY), with institutional investors hold 12.13% of the company’s shares. The shares outstanding are 4.15B, and float is at 4.15B with Short Float at 0.92%. Institutions hold 12.13% of the Float.

The top institutional shareholder in the company is JP Morgan Chase & Company with over 83.1 million shares valued at $1.34 billion. The investor’s holdings represent 2.00% of the INFY Shares outstanding. As of Jun 29, 2023, the second largest holder is First Trust Advisors LP with 25.61 million shares valued at $411.56 million to account for 0.62% of the shares outstanding. The other top investors are Morgan Stanley which holds 22.89 million shares representing 0.55% and valued at over $367.8 million, while FMR, LLC holds 0.52% of the shares totaling 21.54 million with a market value of $346.21 million.

Infosys Ltd ADR (INFY): Who are the competitors?

The company’s main competitors (and peers) include Accenture PLC Cl A (ACN) that is trading 41.53% up over the past 12 months. Oracle Corp. (ORCL) that is 27.48% higher over the same period.

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