Infosys Ltd ADR (NYSE: INFY) is -2.13% 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 $18.96 in the last trading session, with the day’s loss setting it -0.14%.
Currently trading at $18.82, the stock is 1.66% and 3.38% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 8.78 million and changing -0.74% at the moment leaves the stock -7.90% off its SMA200. INFY registered -14.14% loss for a year compared to 6-month loss of -14.14%. The firm has a 50-day simple moving average (SMA 50) of $18.204 and a 200-day simple moving average (SMA200) of $20.4341.
The stock witnessed a 5.43% gain in the last 1 month and extending the period to 3 months gives it a 8.47%, and is 1.62% up 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 1.14% over the week and 1.21% over the month.
Infosys Ltd ADR (INFY) has around 323578 employees, a market worth around $78.18B and $19.28B in sales. Current P/E ratio is 24.74 and Fwd P/E is 21.76. Profit margin for the company is 16.38%. Distance from 52-week low is 18.96% and -20.36% 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 5.77% this year.
Infosys Ltd ADR (INFY) Top Institutional Holders
736.0 institutions hold shares in Infosys Ltd ADR (INFY), with institutional investors hold 13.94% of the company’s shares. The shares outstanding are 4.15B, and float is at 4.15B with Short Float at 2.63%. Institutions hold 13.94% 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.
