Amdocs (NASDAQ:DOX) Upgraded at Wall Street Zen

Wall Street Zen upgraded shares of Amdocs (NASDAQ:DOX) from a hold rating to a buy rating in a report published on Saturday.

DOX has been the topic of a number of other reports. Wolfe Research reissued a “peer perform” rating on shares of Amdocs in a report on Thursday, November 13th. Barclays cut their price target on shares of Amdocs from $111.00 to $92.00 and set an “overweight” rating on the stock in a report on Wednesday, February 4th. Weiss Ratings restated a “hold (c)” rating on shares of Amdocs in a report on Tuesday, January 27th. Stifel Nicolaus lowered their target price on Amdocs from $97.00 to $88.00 and set a “buy” rating for the company in a research report on Wednesday, February 4th. Finally, Bank of America reduced their price target on Amdocs from $100.00 to $97.00 and set a “buy” rating on the stock in a research report on Wednesday, November 12th. Three analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $92.33.

Amdocs Trading Up 0.0%

Shares of DOX stock opened at $73.35 on Friday. Amdocs has a twelve month low of $70.24 and a twelve month high of $95.41. The stock’s fifty day simple moving average is $80.11 and its 200 day simple moving average is $82.18. The company has a quick ratio of 1.17, a current ratio of 1.06 and a debt-to-equity ratio of 0.23. The firm has a market capitalization of $7.92 billion, a P/E ratio of 14.19, a P/E/G ratio of 1.30 and a beta of 0.40.

Amdocs (NASDAQ:DOX) last announced its quarterly earnings results on Tuesday, February 3rd. The technology company reported $1.81 EPS for the quarter, beating analysts’ consensus estimates of $1.75 by $0.06. The firm had revenue of $1.16 billion for the quarter, compared to analyst estimates of $1.15 billion. Amdocs had a return on equity of 20.19% and a net margin of 12.47%.The business’s revenue for the quarter was up 4.1% on a year-over-year basis. During the same period last year, the firm posted $1.66 earnings per share. Amdocs has set its Q2 2026 guidance at 1.730-1.790 EPS and its FY 2026 guidance at 7.270-7.550 EPS. As a group, sell-side analysts predict that Amdocs will post 6.21 EPS for the current fiscal year.

Amdocs Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, April 24th. Stockholders of record on Tuesday, March 31st will be paid a $0.569 dividend. The ex-dividend date of this dividend is Tuesday, March 31st. This represents a $2.28 dividend on an annualized basis and a dividend yield of 3.1%. This is a positive change from Amdocs’s previous quarterly dividend of $0.53. Amdocs’s dividend payout ratio (DPR) is presently 40.81%.

Institutional Investors Weigh In On Amdocs

Large investors have recently added to or reduced their stakes in the business. William Blair Investment Management LLC boosted its holdings in shares of Amdocs by 2.4% during the 2nd quarter. William Blair Investment Management LLC now owns 5,650 shares of the technology company’s stock worth $516,000 after buying an additional 133 shares in the last quarter. Mutual Advisors LLC lifted its position in shares of Amdocs by 3.2% during the 2nd quarter. Mutual Advisors LLC now owns 4,516 shares of the technology company’s stock valued at $397,000 after acquiring an additional 138 shares during the period. MGO One Seven LLC boosted its stake in Amdocs by 5.1% during the second quarter. MGO One Seven LLC now owns 2,899 shares of the technology company’s stock worth $264,000 after acquiring an additional 140 shares in the last quarter. Scotia Capital Inc. grew its holdings in Amdocs by 3.5% in the third quarter. Scotia Capital Inc. now owns 4,289 shares of the technology company’s stock worth $352,000 after purchasing an additional 145 shares during the period. Finally, Huntington National Bank grew its holdings in Amdocs by 5.0% in the second quarter. Huntington National Bank now owns 3,273 shares of the technology company’s stock worth $299,000 after purchasing an additional 155 shares during the period. Institutional investors and hedge funds own 92.02% of the company’s stock.

About Amdocs

Amdocs (NASDAQ: DOX) is a global software and services provider specializing in solutions for communications, media and entertainment companies. The company designs, develops and integrates revenue management, customer experience and digital services platforms that enable service providers to launch and monetize new offerings, streamline operations and enhance subscriber engagement. Amdocs’ product suite encompasses billing and order management, customer relationship management, digital commerce and network function virtualization, supported by professional services for implementation, integration and managed operations.

Founded in 1982 and structured as a separate public company in 1998, Amdocs has its corporate headquarters in Chesterfield, Missouri, and maintains major development centers in Ra’anana, Israel.