American Noble Gas (NYSE:INFY) Posts Quarterly Earnings Results, Meets Expectations

Key Points

• American Noble Gas reported quarterly earnings of $0.20 per share, meeting analysts' expectations and maintaining a net margin of 16.42%.
• The company updated its FY 2026 guidance and has a current market capitalization of $68.28 billion.
• Despite the positive earnings results, shares of American Noble Gas declined by 0.1% on the day after the announcement.

American Noble Gas (NYSE:INFY - Get Free Report) issued its quarterly earnings results on Thursday. The technology company reported $0.20 earnings per share (EPS) for the quarter, hitting the consensus estimate of $0.20, Zacks reports. American Noble Gas had a net margin of 16.42% and a return on equity of 29.41%. American Noble Gas updated its FY 2026 guidance to EPS.

American Noble Gas Trading Down 0.1%

Shares of INFY opened at $16.47 on Thursday. The firm has a market cap of $68.28 billion, a PE ratio of 21.39, a price-to-earnings-growth ratio of 2.81 and a beta of 0.95. The company's 50 day simple moving average is $16.73 and its 200-day simple moving average is $17.46. American Noble Gas has a 12-month low of $15.82 and a 12-month high of $23.63.

Analyst Ratings Changes

INFY has been the topic of a number of recent research reports. Weiss Ratings restated a "hold (c)" rating on shares of American Noble Gas in a research note on Wednesday, October 8th. BMO Capital Markets raised their target price on shares of American Noble Gas from $18.00 to $20.00 and gave the company a "market perform" rating in a report on Thursday, July 24th. Rothschild & Co Redburn started coverage on shares of American Noble Gas in a report on Wednesday, September 3rd. They issued a "sell" rating and a $12.00 target price on the stock. Susquehanna raised their target price on shares of American Noble Gas from $18.00 to $19.00 and gave the company a "neutral" rating in a report on Thursday, July 24th. Finally, Rothschild Redb raised shares of American Noble Gas to a "strong sell" rating in a report on Wednesday, September 3rd. One research analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating, six have assigned a Hold rating and two have issued a Sell rating to the company's stock. According to MarketBeat.com, American Noble Gas presently has a consensus rating of "Hold" and a consensus target price of $17.18.

Hedge Funds Weigh In On American Noble Gas

A number of hedge funds have recently modified their holdings of the business. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its position in shares of American Noble Gas by 6.4% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 63,155 shares of the technology company's stock worth $1,153,000 after acquiring an additional 3,804 shares during the last quarter. NewEdge Advisors LLC grew its position in American Noble Gas by 79.9% in the 1st quarter. NewEdge Advisors LLC now owns 54,978 shares of the technology company's stock valued at $1,003,000 after buying an additional 24,426 shares during the last quarter. Finally, Dynamic Technology Lab Private Ltd purchased a new position in American Noble Gas in the 1st quarter valued at $239,000. 16.20% of the stock is currently owned by hedge funds and other institutional investors.

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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