Infosys Ltd ADR (NYSE: INFY) is -17.70% lower on its value in year-to-date trading and has touched a low of $15.82 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 $18.16 in the last trading session, with the day’s loss setting it -0.12%.
Currently trading at $18.04, the stock is 0.51% and 1.48% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 8.34 million and changing -0.66% at the moment leaves the stock -14.14% off its SMA200. INFY registered 5.91% gain for a year compared to 6-month loss of -16.48%. The firm has a 50-day simple moving average (SMA 50) of $17.7768 and a 200-day simple moving average (SMA200) of $21.0099.
The stock witnessed a 4.70% gain in the last 1 month and extending the period to 3 months gives it a -14.79%, and is -3.63% 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 0.33% over the week and 1.73% over the month.
Infosys Ltd ADR (INFY) has around 323578 employees, a market worth around $74.94B and $19.28B in sales. Current P/E ratio is 23.71 and Fwd P/E is 20.90. Profit margin for the company is 16.38%. Distance from 52-week low is 14.03% and -23.66% from its 52-week high. The company has generated returns on investments over the last 12 months (26.57%).
The EPS is expected to grow by 5.66% this year
742.0 institutions hold shares in Infosys Ltd ADR (INFY), with institutional investors hold 13.99% of the company’s shares. The shares outstanding are 4.15B, and float is at 4.15B with Short Float at 2.29%. Institutions hold 13.99% of the Float.
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 0.855 of the shares outstanding. The other top investors are MORGAN STANLEY which holds 26.52 million shares representing 0.6404 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
Still, SEC filings show that on Dec 02 ’24, INDERPREET SAWHNEY (Officer) Proposed Sale 2,136 shares at an average price of $22.11 for $47227.0. The insider now directly holds shares of Infosys Ltd ADR (INFY).
