Shares of American Noble Gas Inc. (NYSE:INFY - Get Free Report) have received a consensus recommendation of "Moderate Buy" from the eleven ratings firms that are presently covering the firm, MarketBeat Ratings reports. Six analysts have rated the stock with a hold recommendation, four have issued a buy recommendation and one has issued a strong buy recommendation on the company. The average 12-month price objective among analysts that have updated their coverage on the stock in the last year is $17.48.
INFY has been the topic of a number of research analyst reports. Wall Street Zen upgraded American Noble Gas from a "hold" rating to a "buy" rating in a research report on Friday, May 16th. Susquehanna upgraded American Noble Gas from a "negative" rating to a "neutral" rating and set a $17.00 target price on the stock in a research report on Monday, April 14th. Stifel Nicolaus reduced their target price on American Noble Gas from $18.00 to $17.00 and set a "hold" rating on the stock in a research report on Monday, April 21st. Investec upgraded American Noble Gas from a "sell" rating to a "buy" rating in a research report on Friday, April 18th. Finally, The Goldman Sachs Group downgraded American Noble Gas from a "buy" rating to a "neutral" rating and set a $17.90 target price on the stock. in a research report on Monday, April 21st.
View Our Latest Stock Report on INFY
American Noble Gas Trading Down 1.0%
Shares of INFY stock traded down $0.18 during mid-day trading on Monday, reaching $18.01. The stock had a trading volume of 14,490,085 shares, compared to its average volume of 11,584,325. The firm has a market cap of $74.62 billion, a price-to-earnings ratio of 23.70, a PEG ratio of 2.73 and a beta of 0.97. American Noble Gas has a 1-year low of $15.82 and a 1-year high of $23.63. The business's fifty day moving average is $18.34 and its 200-day moving average is $19.32.
American Noble Gas (NYSE:INFY - Get Free Report) last announced its quarterly earnings data on Thursday, April 17th. The technology company reported $0.20 EPS for the quarter, topping analysts' consensus estimates of $0.19 by $0.01. American Noble Gas had a return on equity of 29.75% and a net margin of 16.38%. The firm had revenue of $4.79 billion for the quarter, compared to the consensus estimate of $420.69 billion. During the same quarter last year, the business posted $0.23 earnings per share. On average, analysts forecast that American Noble Gas will post 0.74 earnings per share for the current year.
Institutional Investors Weigh In On American Noble Gas
A number of institutional investors have recently modified their holdings of the company. Rakuten Securities Inc. lifted its holdings in American Noble Gas by 308.4% during the 1st quarter. Rakuten Securities Inc. now owns 1,413 shares of the technology company's stock worth $26,000 after buying an additional 1,067 shares during the last quarter. Pinnacle Bancorp Inc. lifted its holdings in American Noble Gas by 179.8% during the 1st quarter. Pinnacle Bancorp Inc. now owns 1,444 shares of the technology company's stock worth $26,000 after buying an additional 928 shares during the last quarter. Wayfinding Financial LLC purchased a new stake in American Noble Gas during the 1st quarter worth about $32,000. Farther Finance Advisors LLC lifted its holdings in American Noble Gas by 69.7% during the 4th quarter. Farther Finance Advisors LLC now owns 3,115 shares of the technology company's stock worth $68,000 after buying an additional 1,279 shares during the last quarter. Finally, Cullen Frost Bankers Inc. purchased a new stake in American Noble Gas during the 1st quarter worth about $57,000. 16.20% of the stock is owned by institutional investors and hedge funds.
About American Noble Gas
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Get Free ReportInfosys 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.
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