Informatica Inc. (NYSE:INFA - Free Report) - Stock analysts at Cantor Fitzgerald cut their FY2025 EPS estimates for shares of Informatica in a research note issued to investors on Monday, May 19th. Cantor Fitzgerald analyst T. Blakey now anticipates that the technology company will earn $0.55 per share for the year, down from their prior estimate of $0.58. The consensus estimate for Informatica's current full-year earnings is $0.63 per share.
Several other analysts also recently commented on the stock. UBS Group increased their target price on shares of Informatica from $20.00 to $21.00 and gave the company a "neutral" rating in a report on Friday. Wells Fargo & Company lowered shares of Informatica from a "buy" rating to an "equal weight" rating in a research report on Friday, February 14th. Wedbush lowered shares of Informatica to a "neutral" rating in a research report on Friday, February 14th. DA Davidson cut their target price 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. Finally, Scotiabank raised their price objective on shares of Informatica from $18.00 to $19.00 and gave the company a "sector perform" rating in a research report on Thursday, May 8th. Thirteen analysts have rated the stock with a hold rating and three have given a buy rating to the stock. Based on data from MarketBeat, the company currently has an average rating of "Hold" and an average target price of $23.69.
Read Our Latest Stock Analysis on INFA
Informatica Stock Down 1.3%
Informatica stock opened at $19.44 on Tuesday. The company has a quick ratio of 2.17, a current ratio of 2.17 and a debt-to-equity ratio of 0.75. The firm's fifty day moving average is $18.16 and its 200 day moving average is $22.27. Informatica has a 12-month low of $15.65 and a 12-month high of $31.65. The company has a market capitalization of $5.88 billion, a PE ratio of 648.22, a PEG ratio of 4.44 and a beta of 1.04.
Informatica (NYSE:INFA - Get Free Report) last posted its quarterly earnings data on Wednesday, May 7th. The technology company reported $0.22 EPS for the quarter, meeting analysts' consensus estimates of $0.22. Informatica had a net margin of 0.61% and a return on equity of 5.76%. The company had revenue of $403.90 million for the quarter, compared to analyst estimates of $392.14 million. During the same period in the prior year, the firm posted $0.22 EPS. The company's quarterly revenue was up 3.9% on a year-over-year basis.
Hedge Funds Weigh In On Informatica
Hedge funds have recently bought and sold shares of the company. Parallel Advisors LLC boosted its stake in Informatica by 540.4% in the 1st quarter. Parallel Advisors LLC now owns 1,441 shares of the technology company's stock worth $25,000 after purchasing an additional 1,216 shares in the last quarter. Versant Capital Management Inc boosted its stake in Informatica by 7,053.8% in the 1st quarter. Versant Capital Management Inc now owns 1,860 shares of the technology company's stock worth $32,000 after purchasing an additional 1,834 shares in the last quarter. New Age Alpha Advisors LLC bought a new position in Informatica in the 4th quarter worth about $43,000. Harel Insurance Investments & Financial Services Ltd. boosted its stake in Informatica by 1,545.0% in the 1st quarter. Harel Insurance Investments & Financial Services Ltd. now owns 2,813 shares of the technology company's stock worth $49,000 after purchasing an additional 2,642 shares in the last quarter. Finally, Deutsche Bank AG boosted its stake in Informatica by 126.1% in the 1st quarter. Deutsche Bank AG now owns 2,976 shares of the technology company's stock worth $52,000 after purchasing an additional 1,660 shares in the last quarter. Institutional investors own 98.45% of the company's stock.
Insider Activity
In related news, EVP John Arthur Schweitzer sold 11,503 shares of the company's stock in a transaction dated Monday, March 10th. The shares were sold at an average price of $18.18, for a total value of $209,124.54. Following the transaction, the executive vice president now owns 328,799 shares in the company, valued at $5,977,565.82. The trade was a 3.38% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. In the last 90 days, insiders have sold 34,735 shares of company stock worth $643,827. Corporate insiders own 48.10% of the company's stock.
Informatica Company Profile
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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.
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