Infosys Limited American Deposi (NYSE:INFY):
Infosys Launches Skava Commerce, a New Standard for Modern, Mobile-first and Modular E-commerce Platforms.
The company is trading up by 0.25 percent from yesterday’s close.
Infosys Limited American Deposi recently declared a dividend for shareholders that was paid on Wednesday June 22nd, 2016. The dividend payment was $0.090 per share for the quarter which is $0.36 annualized. This dividend amount was represent a yeild of $2.28. The ex-dividend date was Tuesday the 7th of June 2016.
The stock is trading at $15.91 which is marginally lower than $16.11, the stock’s 50 day moving average and which is just under the 200 day moving average of $17.72. The 50 day moving average went down by -1.21% and the 200 day average went down by -10.21%.
Infosys Limited American Deposi’s P/E ratio is 17.48 and the market cap is 36.36B. As of the last earnings report the EPS was $0.91 and is estimated to be $0.95 for the current year with 2,285,633,000 shares currently outstanding. Next quarter’s EPS is estimated at $0.24 with next year’s EPS projected to be $1.05.
Analysts have provided guidance on INFY recently. Equity analyst Wedbush added INFY to its research portfolio setting a rating of “Neutral” and establishing a price target of $18.00. On July 18 the company was rated “Neutral” in a report from Nomura which was a cut from the previous “” rating.
On July 18 the stock rating was downgraded from “Outperform” to “Buy” in a statement from Credit Suisse. On May 26, 2016 the stock rating was set at “Buy” by Goldman Sachs which is up from the previous “” rating.
On February 19, 2016 Cowen & Company started covering INFY with a rating of “Market Perform” and a price target of $18.00. On January 14 the company was changed to a “Outperform” according to a Credit Suisse report up from the previous “Neutral” rating.