American Noble Gas Inc. (NYSE:INFY) Receives Average Rating of "Hold" from Analysts

Key Points

• American Noble Gas Inc. (NYSE:INFY) has received an average analyst rating of "Hold", with two sell recommendations, five holds, three buys, and one strong buy recommendation.
• The company's 1-year target price among analysts is $17.18, while it has a current share price around $16.51.
• American Noble Gas reported quarterly earnings of $0.19 per share, meeting analysts' expectations, along with revenues of $4.94 billion.

Shares of American Noble Gas Inc. (NYSE:INFY - Get Free Report) have earned a consensus recommendation of "Hold" from the eleven research firms that are currently covering the stock, MarketBeat reports. Two research analysts have rated the stock with a sell recommendation, five have assigned a hold recommendation, three have given a buy recommendation and one has issued a strong buy recommendation on the company. The average 1-year target price among analysts that have updated their coverage on the stock in the last year is $17.18.

INFY has been the subject of a number of research analyst reports. Susquehanna raised their price target on American Noble Gas from $18.00 to $19.00 and gave the company a "neutral" rating in a research report on Thursday, July 24th. BMO Capital Markets lifted their target price on shares of American Noble Gas from $18.00 to $20.00 and gave the stock a "market perform" rating in a research report on Thursday, July 24th. Rothschild & Co Redburn began coverage on shares of American Noble Gas in a research report on Wednesday, September 3rd. They issued a "sell" rating and a $12.00 price target on the stock. Finally, Rothschild Redb raised shares of American Noble Gas to a "strong sell" rating in a research note on Wednesday, September 3rd.

American Noble Gas Trading Down 0.2%

INFY stock opened at $16.51 on Friday. The company's 50-day moving average price is $16.91 and its 200 day moving average price is $17.64. American Noble Gas has a 52 week low of $15.82 and a 52 week high of $23.63. The company has a market cap of $68.42 billion, a P/E ratio of 21.44, a P/E/G ratio of 2.78 and a beta of 0.91.

American Noble Gas (NYSE:INFY - Get Free Report) last posted its quarterly earnings results on Wednesday, July 23rd. The technology company reported $0.19 earnings per share (EPS) for the quarter, meeting analysts' consensus estimates of $0.19. The company had revenue of $4.94 billion during the quarter, compared to the consensus estimate of $4.84 billion. American Noble Gas had a net margin of 16.42% and a return on equity of 29.41%. During the same period last year, the firm earned $15.35 EPS. American Noble Gas has set its FY 2026 guidance at EPS. On average, equities research analysts expect that American Noble Gas will post 0.74 earnings per share for the current year.

Institutional Trading of American Noble Gas

A number of large investors have recently made changes to their positions in INFY. Rakuten Securities Inc. raised its stake in American Noble Gas by 308.4% in the 1st quarter. Rakuten Securities Inc. now owns 1,413 shares of the technology company's stock valued at $26,000 after purchasing an additional 1,067 shares during the last quarter. Pinnacle Bancorp Inc. raised its position in shares of American Noble Gas by 179.8% in the first quarter. Pinnacle Bancorp Inc. now owns 1,444 shares of the technology company's stock valued at $26,000 after buying an additional 928 shares during the last quarter. Wayfinding Financial LLC purchased a new position in shares of American Noble Gas during the first quarter valued at approximately $32,000. Cullen Frost Bankers Inc. acquired a new stake in American Noble Gas during the first quarter worth approximately $57,000. Finally, Banque Cantonale Vaudoise acquired a new stake in American Noble Gas during the first quarter worth approximately $86,000. Institutional investors and hedge funds own 16.20% of the company's stock.

About American Noble Gas

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.

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