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

Key Points

• American Noble Gas Inc. (NYSE:INFY) has received a consensus recommendation of "Hold" from thirteen brokerages, with two sell ratings, seven hold ratings, three buy ratings, and one strong buy rating.
• The company's stock is currently priced at $17.40 per share, with a market capitalization of $72.11 billion and a P/E ratio of 22.30.
• For its most recent quarter, American Noble Gas reported earnings per share (EPS) of $0.20, matching analysts' expectations, along with a net revenue of $5.08 billion.

Shares of American Noble Gas Inc. (NYSE:INFY - Get Free Report) have earned a consensus recommendation of "Hold" from the thirteen ratings firms that are covering the firm, MarketBeat reports. Two analysts have rated the stock with a sell recommendation, seven have issued a hold recommendation, three have issued a buy recommendation and one has given a strong buy recommendation to the company. The average 1 year price objective among analysts that have issued ratings on the stock in the last year is $16.65.

A number of research firms have commented on INFY. Weiss Ratings restated a "hold (c)" rating on shares of American Noble Gas in a research report on Wednesday, October 8th. Rothschild Redb upgraded shares of American Noble Gas to a "strong sell" rating in a research report on Wednesday, September 3rd. Susquehanna boosted their price target on shares of American Noble Gas from $18.00 to $19.00 and gave the stock a "neutral" rating in a research report on Thursday, July 24th. TD Cowen dropped their price target on shares of American Noble Gas from $17.00 to $16.00 and set a "hold" rating on the stock in a research report on Friday, October 17th. Finally, BMO Capital Markets dropped their price target on shares of American Noble Gas from $20.00 to $18.00 and set a "market perform" rating on the stock in a research report on Friday, October 17th.

Institutional Trading of American Noble Gas

A number of hedge funds and other institutional investors have recently made changes to their positions in the business. Modern Wealth Management LLC bought a new stake in shares of American Noble Gas in the 1st quarter worth approximately $379,000. Strs Ohio bought a new stake in shares of American Noble Gas in the 1st quarter worth approximately $3,662,000. Acadian Asset Management LLC raised its holdings in shares of American Noble Gas by 39.7% in the 1st quarter. Acadian Asset Management LLC now owns 26,437,188 shares of the technology company's stock worth $482,427,000 after purchasing an additional 7,514,613 shares in the last quarter. Geneos Wealth Management Inc. raised its holdings in shares of American Noble Gas by 28.4% in the 1st quarter. Geneos Wealth Management Inc. now owns 61,536 shares of the technology company's stock worth $1,123,000 after purchasing an additional 13,617 shares in the last quarter. Finally, Bayforest Capital Ltd raised its holdings in shares of American Noble Gas by 290.1% in the 1st quarter. Bayforest Capital Ltd now owns 55,746 shares of the technology company's stock worth $1,017,000 after purchasing an additional 41,454 shares in the last quarter. 16.20% of the stock is currently owned by institutional investors.

American Noble Gas Stock Up 2.9%

Shares of NYSE:INFY opened at $17.40 on Wednesday. The company has a market cap of $72.11 billion, a PE ratio of 22.30, a P/E/G ratio of 2.86 and a beta of 0.95. The company's 50-day moving average price is $16.79 and its 200 day moving average price is $17.43. American Noble Gas has a fifty-two week low of $15.81 and a fifty-two week high of $23.63.

American Noble Gas (NYSE:INFY - Get Free Report) last released its quarterly earnings results on Thursday, October 16th. The technology company reported $0.20 EPS for the quarter, hitting analysts' consensus estimates of $0.20. American Noble Gas had a net margin of 16.58% and a return on equity of 29.40%. The company had revenue of $5.08 billion for the quarter, compared to the consensus estimate of $5.04 billion. American Noble Gas has set its FY 2026 guidance at EPS. As a group, equities analysts anticipate that American Noble Gas will post 0.74 EPS for the current year.

American Noble Gas Company Profile

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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