Amdocs Ltd (NASDAQ: DOX) is -3.23% lower on its value in year-to-date trading and has touched a low of $74.41 and a high of $94.04 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 DOX stock was last observed hovering at around $85.05 in the last trading session, with the day’s loss setting it 0.0%.
Currently trading at $85.05, the stock is -0.09% and 1.70% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.71 million and changing 0.00% at the moment leaves the stock -0.79% off its SMA200. DOX registered -2.08% loss for a year compared to 6-month loss of -9.11%.
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The stock witnessed a 2.36% gain in the last 1 month and extending the period to 3 months gives it a 11.32%, and is -0.72% 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 1.39% over the week and 1.33% over the month.
Amdocs Ltd (DOX) has around 30695 employees, a market worth around $9.71B and $4.98B in sales. Current P/E ratio is 19.58 and Fwd P/E is 12.08. Profit margin for the company is 10.16%. Distance from 52-week low is 14.30% and -9.56% from its 52-week high. The company has generated returns on investments over the last 12 months (11.87%).
Amdocs Ltd quarterly earnings per share for the current quarter are estimated at 1.7 with sales reaching $1.26B over the same period.The EPS is expected to grow by 8.99% this year, but quarterly earnings will post 2.40% year-over-year. Quarterly sales are estimated to grow 1.70% in year-over-year returns.
The shares outstanding are 117.35M, and float is at 113.58M with Short Float at 2.35%.
The top institutional shareholder in the company is FMR LLC with over 16.97 million shares valued at $1.34 billion. The investor’s holdings represent 14.5821 of the DOX Shares outstanding. As of 2024-06-30, the second largest holder is JANUS HENDERSON GROUP PLC with 6.51 million shares valued at $514.13 million to account for 5.5965 of the shares outstanding. The other top investors are PZENA INVESTMENT MANAGEMENT LLC which holds 5.67 million shares representing 4.8689 and valued at over $447.29 million, while BEUTEL, GOODMAN & CO LTD. holds 4.0626 of the shares totaling 4.73 million with a market value of $373.21 million.
