Infosys Ltd ADR (NYSE: INFY) is -9.53% lower on its value in year-to-date trading and has touched a low of $15.95 and a high of $23.63 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 INFY stock was last observed hovering at around $20.10 in the last trading session, with the day’s loss setting it -0.27%.
Currently trading at $19.83, the stock is -7.25% and -9.53% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 9.89 million and changing -1.34% at the moment leaves the stock -6.93% off its SMA200. INFY registered -0.03% loss for a year compared to 6-month loss of -13.78%.
The stock witnessed a -9.12% gain in the last 1 month and extending the period to 3 months gives it a -14.45%, and is -4.80% 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 1.56% over the week and 1.41% over the month.
Infosys Ltd ADR (INFY) has around 317240 employees, a market worth around $82.35B and $19.12B in sales. Current P/E ratio is 24.89 and Fwd P/E is 23.90. Profit margin for the company is 17.29%. Distance from 52-week low is 24.33% and -16.08% from its 52-week high. The company has generated returns on investments over the last 12 months (30.11%).
with sales reaching $420.69B over the same period.The EPS is expected to shrink by -2.82% this year, but quarterly earnings will post 7.11% year-over-year. Quarterly sales are estimated to grow 10.93% in year-over-year returns.
Infosys Ltd ADR (INFY) Top Institutional Holders
The shares outstanding are 4.15B, and float is at 4.15B with Short Float at 2.66%.
The top institutional shareholder in the company is JPMORGAN CHASE & CO with over 66.65 million shares valued at $1.24 billion. The investor’s holdings represent 1.6098% of the INFY Shares outstanding. As of 2024-06-30, the second largest holder is FIRST TRUST ADVISORS LP with 35.4 million shares valued at $659.11 million to account for 0.8551 of the shares outstanding. The other top investors are MORGAN STANLEY which holds 26.52 million shares representing 0.6406% and valued at over $493.73 million, while CANADA PENSION PLAN INVESTMENT BOARD holds 0.5212 of the shares totaling 21.58 million with a market value of $401.83 million.
Infosys Ltd ADR (INFY) Insider Activity
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Still, SEC filings show that on Aug 19 ’24, INDERPREET SAWHNEY (Officer) Proposed Sale 14,000 shares at an average price of $22.22 for $0.31 million. The insider now directly holds shares of Infosys Ltd ADR (INFY).
Infosys Ltd ADR (INFY): Who are the competitors?
The company’s main competitors (and peers) include Accenture PLC Cl A (ACN) that is trading -10.09% down over the past 12 months. Oracle Corp. (ORCL) that is 42.05% higher over the same period.
