Infosys Ltd (NYSE:INFY):
ATP and Infosys Launch ‘Second Screen’, Offering Real-time Insights Into Player Performance.
The company is up by 3.33% since yesterday’s close of 14.86.
Infosys Limited, launched on July 2, 1981, is involved in consulting, technology, outsourcing and next-generation services. The Company, along with its subsidiaries, provides business information technology (IT) 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. The Business’s segments are Financial Services and Insurance (FSI), Manufacturing and Hi-tech (MFG & Hi-TECH), Energy & utilities, Communication and Services (ECS), Retail, Consumer packaged goods and Logistics (RCL), and Life Sciences and Healthcare (LSH). The Company operates in North America, Europe, India and Rest of the World..
The company currently has a P/E ratio of 15.77 and the market cap is 34.40B. As of the last earnings report the EPS was $0.97 with 2.29B shares outstanding.
Short traders are more bearish on shares of Infosys Ltd lately if you take a look at the change in short interest. The company experienced a rise in short interest of 3.70% as of the latest report on October 31, 2017. Short interest increased 2,571,618 over that period. The short-interest ratio decreased to 10.0 and the percentage of shorted shares was 0.03% on October 31.
A few analysts have released opinions on the stock. October 26 investment analysts at Stifel Nicolaus reiterated a “Hold” rating on the stock. On October 24, 2017 Oppenheimer Holdings maintained a “Hold” rating on the company.
On October 12 Cowen and Company made no change to the company rating of “Hold” targeting a price of $15.00. October 4 investment analysts at Robert W. Baird maintained a stock rating of “Hold” projecting a price of $16.00.
September 3 investment analysts at Robert W. Baird maintained a company rating of “Hold” with a current price target of $16.00.