Amdocs Stock Price, News & Analysis (NASDAQ:DOX)

4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Amdocs in the last twelve months. There are currently 1 hold rating and 3 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "moderate buy" DOX shares.
View DOX analyst ratings or view top-rated stocks.

4 Wall Street research analysts have issued 12 month price objectives for Amdocs' shares. Their DOX share price targets range from $100.00 to $115.00. On average, they predict the company's share price to reach $107.80 in the next year. This suggests a possible upside of 25.7% from the stock's current price.
View analysts price targets for DOX or view top-rated stocks among Wall Street analysts.

Amdocs' stock was trading at $90.90 at the start of the year. Since then, DOX shares have decreased by 5.7% and is now trading at $85.73.
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Amdocs saw a increase in short interest in the month of November. As of November 15th, there was short interest totaling 1,780,000 shares, an increase of 16.3% from the October 31st total of 1,530,000 shares. Based on an average trading volume of 696,600 shares, the days-to-cover ratio is presently 2.6 days. Currently, 1.5% of the shares of the stock are short sold.
View Amdocs' Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Tuesday, January 30th 2024.
View our DOX earnings forecast.

Amdocs Limited (NASDAQ:DOX) issued its quarterly earnings data on Monday, November, 6th. The technology company reported $1.42 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.28 by $0.14. The technology company earned $1.24 billion during the quarter, compared to the consensus estimate of $1.25 billion. Amdocs had a net margin of 11.06% and a trailing twelve-month return on equity of 17.77%. Amdocs's revenue was up 6.6% on a year-over-year basis. During the same period in the prior year, the business earned $1.17 EPS.

Amdocs announced a quarterly dividend on Tuesday, November 7th. Shareholders of record on Friday, December 29th will be paid a dividend of $0.435 per share on Friday, January 26th. This represents a $1.74 dividend on an annualized basis and a dividend yield of 2.03%. The ex-dividend date of this dividend is Thursday, December 28th.
Read our dividend analysis for DOX.

Amdocs (NASDAQ:DOX) pays an annual dividend of $1.74 per share and currently has a dividend yield of 2.04%. The company has been increasing its dividend for 12 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio is 38.84%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, DOX will have a dividend payout ratio of 26.81% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for DOX.

ETFs with the largest weight of Amdocs (NASDAQ:DOX) stock in their portfolio include BlueStar Israel Technology ETF (ITEQ), VanEck Israel ETF (ISRA), AAM Bahl & Gaynor Small/Mid Cap Income Growth ETF (SMIG), Formidable Fortress ETF (KONG), Defiance Next Gen Connectivity ETF (FIVG), ALPS O'Shares U.S. Small-Cap Quality Dividend ETF (OUSM), Ballast Small/Mid Cap ETF (MGMT) and American Century Low Volatility ETF (LVOL).

2,315 employees have rated Amdocs Chief Executive Officer Shuky Sheffer on Glassdoor.com. Shuky Sheffer has an approval rating of 90% among the company's employees. 83.0% of employees surveyed would recommend working at Amdocs to a friend.

Based on aggregate information from My MarketBeat watchlists, some companies that other Amdocs investors own include Home Depot (HD), Pfizer (PFE), AT&T (T), NVIDIA (NVDA), Exxon Mobil (XOM), AbbVie (ABBV), International Business Machines (IBM), Johnson & Johnson (JNJ), Advanced Micro Devices (AMD) and Comcast (CMCSA).

Amdocs' stock is owned by a variety of institutional and retail investors. Top institutional shareholders include FMR LLC (12.69%), Allspring Global Investments Holdings LLC (4.11%), Pzena Investment Management LLC (3.35%), LSV Asset Management (2.57%), Invesco Ltd. (2.18%) and Massachusetts Financial Services Co. MA (1.94%).

Shares of DOX stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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