On Tuesday, Amdocs Ltd (NASDAQ: DOX) opened higher 1.45% from the last session ,before settling in for the closing price of $87.32. Price fluctuations for DOX have ranged from $78.38 to $99.75 over the past 52 weeks.
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A company in the Technology sector has jumped its sales by 4.23% annually for the last half of the decade. Company’s average yearly earnings per share was noted 9.99% at the time writing. With a float of $116.50 million, this company’s outstanding shares have now reached $117.35 million.
In an organization with 30695 employees, it is important to assess its efficiency.
Amdocs Ltd (DOX) Insider and Institutional Ownership
A key investor’s attitude towards the stock of the Software – Infrastructure industry is another important factor to consider. The insider ownership of Amdocs Ltd is 0.00%, while institutional ownership is 94.51%.
Amdocs Ltd (DOX) Latest Financial update
If we go through the results of last quarter, which was made public on 12/30/2023, the company posted $1.56 earnings per share (EPS) for the quarter, besting the agreed prediction (set at $1.56) by $0. Wall Street market experts anticipate that the next fiscal year will bring earnings of 1.67 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 9.99% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 8.60% during the next five years compared to 12.71% growth over the previous five years of trading.
Amdocs Ltd (NASDAQ: DOX) Trading Performance Indicators
Check out the current performance indicators for Amdocs Ltd (DOX). In the past quarter, the stock posted a quick ratio of 1.29. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 2.09. Likewise, its price to free cash flow for the trailing twelve months is 13.11.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 4.67, a number that is poised to hit 1.57 in the next quarter and is forecasted to reach 7.14 in one year’s time.
Technical Analysis of Amdocs Ltd (DOX)
Let’s dig in a bit further. During the last 5-days, its volume was 0.53 million. That was inferior than the volume of 0.67 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 17.34%. Additionally, its Average True Range was 1.29.
During the past 100 days, Amdocs Ltd’s (DOX) raw stochastic average was set at 62.98%, which indicates a significant increase from 22.45% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 15.01% in the past 14 days, which was lower than the 15.48% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $91.01, while its 200-day Moving Average is $88.51. However, in the short run, Amdocs Ltd’s stock first resistance to watch stands at $89.04. Second resistance stands at $89.50. The third major resistance level sits at $90.38. If the price goes on to break the first support level at $87.70, it is likely to go to the next support level at $86.82. The third support level lies at $86.36 if the price breaches the second support level.
Amdocs Ltd (NASDAQ: DOX) Key Stats
There are currently 117,536K shares outstanding in the company with a market cap of 10.32 billion. Presently, the company’s annual sales total 4,888 M according to its annual income of 540,710 K. Last quarter, the company’s sales amounted to 1,245 M and its income totaled 147,970 K.
