Infosys (INFY) Receiving Somewhat Favorable Press Coverage, Study Finds

News coverage about Infosys (NYSE:INFY) has been trending somewhat positive recently, according to Accern Sentiment. Accern identifies negative and positive news coverage by reviewing more than twenty million blog and news sources in real time. Accern ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. Infosys earned a media sentiment score of 0.14 on Accern’s scale. Accern also assigned press coverage about the technology company an impact score of 46.409858332682 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the next few days.

Here are some of the media headlines that may have effected Accern’s rankings:

Infosys stock opened at $18.04 on Thursday. The company has a market capitalization of $39,572.93, a PE ratio of 18.58, a PEG ratio of 2.01 and a beta of 0.57. Infosys has a 12 month low of $13.88 and a 12 month high of $18.71.

Infosys (NYSE:INFY) last posted its quarterly earnings data on Friday, January 12th. The technology company reported $0.25 EPS for the quarter, hitting analysts’ consensus estimates of $0.25. Infosys had a return on equity of 21.31% and a net margin of 22.97%. The business had revenue of $2.76 billion for the quarter, compared to analyst estimates of $2.74 billion. During the same period in the previous year, the company posted $0.24 earnings per share. equities analysts expect that Infosys will post 1 EPS for the current fiscal year.

INFY has been the topic of a number of research analyst reports. Cantor Fitzgerald reaffirmed a “hold” rating and set a $16.00 target price on shares of Infosys in a report on Tuesday, January 16th. Zacks Investment Research raised Infosys from a “hold” rating to a “buy” rating and set a $19.00 price target on the stock in a report on Tuesday, January 16th. UBS cut Infosys to a “neutral” rating in a research report on Monday, February 5th. Susquehanna Bancshares restated a “negative” rating on shares of Infosys in a research report on Monday, February 5th. Finally, Bank of America upgraded Infosys from a “neutral” rating to a “buy” rating in a research report on Tuesday, December 5th. Three investment analysts have rated the stock with a sell rating, nine have issued a hold rating and six have given a buy rating to the stock. The company currently has an average rating of “Hold” and an average price target of $15.77.

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Infosys Company Profile

Infosys Limited is engaged in consulting, technology, outsourcing and next-generation services. The Company, along with its subsidiaries, provides business information technology services comprising application development and maintenance, independent validation, infrastructure management, engineering services comprising product engineering and life cycle solutions and business process management; consulting and systems integration services comprising consulting, enterprise solutions, systems integration and advanced technologies; products, business platforms and solutions to accelerate intellectual property-led innovation, including Finacle, its banking solution, and offerings in the areas of Analytics, Cloud and Digital Transformation.

Insider Buying and Selling by Quarter for Infosys (NYSE:INFY)

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