Infosys (NYSE:INFY) Issues Quarterly Earnings Results, Meets Expectations

Infosys (NYSE:INFY) issued its quarterly earnings data on Thursday. The technology company reported $0.19 EPS for the quarter, hitting analysts’ consensus estimates of $0.19, RTT News reports. Infosys had a return on equity of 31.43% and a net margin of 17.15%. During the same quarter in the previous year, the firm earned $0.18 EPS. Infosys updated its FY 2025 guidance to EPS.

Infosys Stock Down 1.9 %

Shares of NYSE INFY opened at $21.16 on Friday. The firm’s 50-day simple moving average is $22.54 and its 200 day simple moving average is $22.15. The stock has a market cap of $87.65 billion, a P/E ratio of 27.13, a P/E/G ratio of 3.71 and a beta of 1.00. Infosys has a fifty-two week low of $16.04 and a fifty-two week high of $23.63.

Infosys Increases Dividend

The firm also recently announced a semi-annual dividend, which was paid on Tuesday, October 29th. Investors of record on Friday, January 1st were given a $0.2126 dividend. This is a boost from Infosys’s previous semi-annual dividend of $0.20. This represents a yield of 1.1%. The ex-dividend date of this dividend was Tuesday, October 29th. Infosys’s dividend payout ratio (DPR) is currently 53.85%.

Wall Street Analyst Weigh In

A number of brokerages recently commented on INFY. StockNews.com downgraded Infosys from a “buy” rating to a “hold” rating in a report on Friday, January 3rd. Hsbc Global Res upgraded Infosys from a “hold” rating to a “strong-buy” rating in a research note on Monday, December 9th. Investec lowered shares of Infosys from a “hold” rating to a “sell” rating in a research note on Thursday, October 3rd. BMO Capital Markets raised their price objective on Infosys from $23.00 to $25.00 and gave the stock a “market perform” rating in a research note on Friday, October 18th. Finally, Guggenheim reiterated a “neutral” rating on shares of Infosys in a research note on Friday. Two research analysts have rated the stock with a sell rating, four have assigned a hold rating, four have given a buy rating and one has issued a strong buy rating to the company. Based on data from MarketBeat.com, Infosys presently has a consensus rating of “Hold” and an average target price of $20.22.

Infosys Company Profile

Infosys Ltd. is a digital services and consulting company, which engages in the provision of end-to-end business solutions. It operates through the following segments: Financial Services, Retail, Communication, Energy, Utilities, Resources, and Services, Manufacturing, Hi-Tech, Life Sciences, and All Other.