Infosys (NYSE:INFY) Announces Quarterly Earnings Results

Infosys (NYSE:INFY) announced its earnings results on Thursday. The technology company reported $0.19 EPS for the quarter, hitting the consensus estimate of $0.19, RTT News reports. Infosys had a net margin of 17.15% and a return on equity of 31.43%. During the same period in the previous year, the business earned $0.18 earnings per share. Infosys updated its FY 2025 guidance to EPS.

Infosys Trading Down 1.9 %

NYSE INFY opened at $21.16 on Friday. Infosys has a 1-year low of $16.04 and a 1-year high of $23.63. The company has a market capitalization of $87.65 billion, a price-to-earnings ratio of 27.13, a PEG ratio of 3.71 and a beta of 1.00. The stock’s 50 day moving average is $22.54 and its two-hundred day moving average is $22.15.

Infosys Increases Dividend

The firm also recently declared 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 represents a yield of 1.1%. The ex-dividend date of this dividend was Tuesday, October 29th. This is a positive change from Infosys’s previous semi-annual dividend of $0.20. Infosys’s dividend payout ratio is 53.85%.

Wall Street Analyst Weigh In

Several equities analysts have weighed in on the stock. StockNews.com cut shares of Infosys from a “buy” rating to a “hold” rating in a research report on Friday, January 3rd. Hsbc Global Res upgraded Infosys from a “hold” rating to a “strong-buy” rating in a research report on Monday, December 9th. HSBC raised shares of Infosys from a “hold” rating to a “buy” rating in a research report on Monday, December 9th. Guggenheim reissued a “neutral” rating on shares of Infosys in a research report on Friday. Finally, BMO Capital Markets boosted their price objective on Infosys from $23.00 to $25.00 and gave the stock a “market perform” rating in a research report on Friday, October 18th. Two research analysts have rated the stock with a sell rating, four have given a hold rating, four have issued a buy rating and one has assigned a strong buy rating to the company’s stock. According to data from MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus target price of $20.22.

About Infosys

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.