Cantor Fitzgerald Reduces Earnings Estimates for Informatica

Informatica Inc. (NYSE:INFA - Free Report) - Investment analysts at Cantor Fitzgerald lowered their FY2025 EPS estimates for shares of Informatica in a research note issued on Thursday, May 8th. Cantor Fitzgerald analyst T. Blakey now expects that the technology company will post earnings of $0.61 per share for the year, down from their prior forecast of $0.80. Cantor Fitzgerald currently has a "Hold" rating and a $29.00 target price on the stock. The consensus estimate for Informatica's current full-year earnings is $0.63 per share.

Informatica (NYSE:INFA - Get Free Report) last issued its quarterly earnings results on Wednesday, May 7th. The technology company reported $0.22 EPS for the quarter, hitting analysts' consensus estimates of $0.22. Informatica had a return on equity of 5.76% and a net margin of 0.61%. The business had revenue of $403.90 million during the quarter, compared to analysts' expectations of $392.14 million. During the same quarter in the prior year, the business posted $0.22 earnings per share. The business's quarterly revenue was up 3.9% on a year-over-year basis.

INFA has been the subject of a number of other reports. DA Davidson dropped their price target on shares of Informatica from $20.00 to $18.00 and set a "neutral" rating for the company in a research report on Monday, April 14th. Truist Financial reiterated a "buy" rating and issued a $24.00 price target (down previously from $34.00) on shares of Informatica in a research note on Friday, February 14th. Royal Bank of Canada lowered their price objective on Informatica from $20.00 to $19.00 and set a "sector perform" rating on the stock in a research report on Thursday, May 8th. Baird R W lowered Informatica from a "strong-buy" rating to a "hold" rating in a research note on Friday, February 14th. Finally, Wells Fargo & Company cut Informatica from a "buy" rating to an "equal weight" rating in a report on Friday, February 14th. Thirteen analysts have rated the stock with a hold rating and three have given a buy rating to the company. According to MarketBeat, the stock currently has an average rating of "Hold" and an average target price of $23.62.

Informatica Stock Performance

Informatica stock traded down $0.08 during midday trading on Monday, hitting $19.39. The stock had a trading volume of 1,093,648 shares, compared to its average volume of 2,124,031. Informatica has a 52-week low of $15.65 and a 52-week high of $31.65. The company has a market capitalization of $5.87 billion, a PE ratio of 646.55, a P/E/G ratio of 4.44 and a beta of 1.04. The firm's fifty day moving average is $18.05 and its two-hundred day moving average is $22.50. The company has a current ratio of 2.17, a quick ratio of 2.17 and a debt-to-equity ratio of 0.75.

Insiders Place Their Bets

In other Informatica news, EVP John Arthur Schweitzer sold 11,503 shares of Informatica stock in a transaction on Wednesday, April 23rd. The shares were sold at an average price of $18.05, for a total value of $207,629.15. Following the completion of the transaction, the executive vice president now directly owns 416,410 shares of the company's stock, valued at $7,516,200.50. This trade represents a 2.69% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at this link. Corporate insiders own 48.10% of the company's stock.

Institutional Trading of Informatica

Hedge funds have recently made changes to their positions in the business. Amalgamated Bank increased its position in shares of Informatica by 16.9% during the 1st quarter. Amalgamated Bank now owns 4,089 shares of the technology company's stock valued at $71,000 after purchasing an additional 591 shares during the last quarter. PNC Financial Services Group Inc. lifted its position in Informatica by 35.3% in the fourth quarter. PNC Financial Services Group Inc. now owns 2,556 shares of the technology company's stock worth $66,000 after buying an additional 667 shares during the last quarter. Cooper Financial Group boosted its stake in Informatica by 3.0% during the first quarter. Cooper Financial Group now owns 24,954 shares of the technology company's stock worth $435,000 after buying an additional 718 shares during the period. New Age Alpha Advisors LLC boosted its stake in Informatica by 51.5% during the first quarter. New Age Alpha Advisors LLC now owns 2,535 shares of the technology company's stock worth $44,000 after buying an additional 862 shares during the period. Finally, L. Roy Papp & Associates LLP increased its position in Informatica by 1.9% during the first quarter. L. Roy Papp & Associates LLP now owns 50,921 shares of the technology company's stock valued at $889,000 after acquiring an additional 961 shares during the last quarter. 98.45% of the stock is currently owned by hedge funds and other institutional investors.

Informatica Company Profile

Informatica Inc develops an artificial intelligence-powered platform that connects, manages, and unifies data across multi-vendor, multi-cloud, and hybrid systems at enterprise scale worldwide. Its platform includes a suite of interoperable data management products, including data integration products to ingest, transform, and integrate data; API and application integration products that enable users to create and manage APIs and integration processes for app-to-app synchronization, business process orchestration, B2B partner management, application development, and API management; data quality and observability products to profile, cleanse, standardize, observe, and monitor data to deliver accurate, complete, and consistent data; and master data management products to create an authoritative single source of truth of business-critical data.