NASDAQ:DOX

Amdocs Stock Forecast, Price & News

$84.45

+1.14 (+1.37%)

(As of 07/1/2022 12:00 AM ET)

Add

Compare

Today's Range: $82.03
▼
$84.69
50-Day Range: $76.97
▼
$87.10
52-Week Range: $68.33
▼
$88.18

Volume: 620,151 shs
Average Volume: 656,248 shs
Market Capitalization: $11.07 billion

P/E Ratio: 18.93
Dividend Yield: 1.90%
Price Target: $91.67

Amdocs Stock Forecast (MarketRank)

Analyst Rating: Buy
3.00 Rating Score
Upside/Downside: 8.5% Upside
$91.67 Price Target
Short Interest: Healthy
1.10% of Float Sold Short
Dividend Strength: Strong
Based on Four Factors
Sustainability: -0.45
Upright™ Environmental Score
News Sentiment: 0.65
Based on 12 Articles This Week
Insider Trading: N/A
Proj. Earnings Growth: 14.88%
From $4.77 to $5.48 Per Share

Overall MarketRank^™

MarketRank is calculated as 30% analysis score, 20% valuation score, 10% short interest score, 10% dividend score, 10% sustainability score, 10% news and social score, and 10% insider trading score.

2.22 out of 5 stars

Computer And Technology Sector

46th out of 937 stocks

Custom Computer Programming Services Industry

2nd out of 44 stocks

1.5 Analyst's Opinion

Consensus Rating
Amdocs has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on no buy ratings, 1 hold rating, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $91.67, Amdocs has a forecasted upside of 8.5% from its current price of $84.45.
Amount of Analyst Coverage
Amdocs has only been the subject of 1 research reports in the past 90 days.

5.0 Short Interest

Percentage of Shares Shorted
1.10% of the float of Amdocs has been sold short.
Short Interest Ratio / Days to Cover
Amdocs has a short interest ratio ("days to cover") of 2, which is generally considered an acceptable ratio of short interest to trading volume.
Change versus previous month
Short interest in Amdocs has recently decreased by 25.82%, indicating that investor sentiment is improving significantly.

3.3 Dividend Strength

Dividend Yield
Amdocs pays a meaningful dividend of 1.90%, higher than the bottom 25% of all stocks that pay dividends.
Dividend Growth
Amdocs has been increasing its dividend for 9 years.
Dividend Coverage
The dividend payout ratio of Amdocs is 35.43%. This payout ratio is at a healthy, sustainable level, below 75%.
Dividend Sustainability
Based on earnings estimates, Amdocs will have a dividend payout ratio of 28.83% next year. This indicates that Amdocs will be able to sustain or increase its dividend.

2.8 Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
Amdocs has received a 45.10% net impact score from Upright. Amdocs seems to create the most significant positive value in categories "Taxes", "Distributing knowledge", and "Jobs". The positive contribution in the "Distributing knowledge" impact category is mostly driven by its "Enterprise systems integration consulting", "Digital design consulting", "Artificial intelligence consulting", "Enterprise network operation services", "Enterprise network optimising services", and "Enterprise network implementation services" products. See details.
Environmental Sustainability
The Environmental Impact score for Amdocs is -0.45.

2.0 News and Social Media Coverage

News Sentiment
Amdocs has a news sentiment score of 0.65. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This news sentiment score is similar to the average news sentiment of Computer and Technology companies.
News Coverage This Week
MarketBeat has tracked 12 news articles for Amdocs this week, compared to 5 articles on an average week.
Search Interest
Only 2 people have searched for DOX on MarketBeat in the last 30 days. This is a decrease of 0% compared to the previous 30 days.
MarketBeat Follows
Only 5 people have added Amdocs to their MarketBeat watchlist in the last 30 days. This is a decrease of 0% compared to the previous 30 days.

2.5 Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Amdocs insiders have not sold or bought any company stock.
Percentage Held by Insiders
15.40% of the stock of Amdocs is held by insiders. A high percentage of insider ownership can be a sign of company health.
Percentage Held by Institutions
87.09% of the stock of Amdocs is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

2.5 Earnings and Valuation

Earnings Growth
Earnings for Amdocs are expected to grow by 14.88% in the coming year, from $4.77 to $5.48 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Amdocs is 18.93, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 47.15.
Price to Earnings Ratio vs. Sector
The P/E ratio of Amdocs is 18.93, which means that it is trading at a less expensive P/E ratio than the Computer and Technology sector average P/E ratio of about 107.63.
Price to Earnings Growth Ratio
Amdocs has a PEG Ratio of 1.78. PEG Ratios above 1 indicate that a company could be overvalued.
Price to Book Value per Share Ratio
Amdocs has a P/B Ratio of 3.05. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

30 days | 90 days | 365 days | Advanced Chart

Receive DOX Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for Amdocs and its competitors with MarketBeat's FREE daily newsletter.

About Amdocs (NASDAQ:DOX)

Amdocs Limited, through its subsidiaries, provides software and services worldwide. The company designs, develops, operates, implements, supports, and markets open and modular cloud portfolio. It provides CES21, a 5G and cloud-native microservices-based market-leading customer experience suite, that enables service providers to build, deliver, and monetize advanced services; the Commerce and Care suite for order capture, handling, and customer engagement; the Monetization suite for charging, billing, policy, and revenue management; Intelligent Networking suite with a set of modular, flexible, and open service lifecycle management capabilities for network automation journeys; MarketONE, a cloud-native business ecosystem; Digital Brands Suite, a pre-integrated digital business suite for digital telecom brands and small-scale service providers; and eSIM Cloud for service providers. It also offers AI-powered, cloud-native, and home operating systems; data intelligence solutions and applications; media services for media publishers, TV networks, and video streaming and service providers; end-to-end application development and maintenance services; and ongoing services. In addition, the company provides a line of services designed for various stages of a service provider's lifecycle includes design, delivery, quality engineering, operations, systems integration, mobile network services, consulting, and content services; managed services comprising application development, modernization and maintenance, IT and infrastructure services, testing and professional services that are designed to assist customers in the selection, implementation, operation, management, and maintenance of IT systems. It serves to the communications, cable and satellite, entertainment, and media industry service providers, as well as mobile virtual network operators and directory publishers. Amdocs Limited was founded in 1988 and is headquartered in Saint Louis, Missouri.

July 1, 2022 | finance.yahoo.com

Amdocs (DOX) & Unicard to Offer Integrated Ticketing Solution

June 29, 2022 | finance.yahoo.com

Unicard and Amdocs Collaborate to Deliver Integrated Multi-Modal Ticketing for Public Transport Users - Yahoo Finance

June 29, 2022 | globenewswire.com

Unicard and Amdocs Collaborate to Deliver Integrated Multi-Modal Ticketing for Public Transport User(...) - GlobeNewswire

June 29, 2022 | finance.yahoo.com

Unicard and Amdocs Collaborate to Deliver Integrated Multi-Modal Ticketing for Public Transport Users

June 28, 2022 | americanbankingnews.com

Amdocs Limited (NASDAQ:DOX) Plans Quarterly Dividend of $0.40

June 28, 2022 | nasdaq.com

Amdocs (DOX) is a Top-Ranked Value Stock: Should You Buy? - Nasdaq

June 27, 2022 | nasdaq.com

Is Baidu (BIDU) Outperforming Other Computer and Technology Stocks This Year? - Nasdaq

June 27, 2022 | nasdaq.com

Ex-Dividend Reminder: FMC, Amdocs and Nucor - Nasdaq

June 27, 2022 | uk.finance.yahoo.com

Assessing the impact of economic shocks on the Amdocs share price

June 21, 2022 | nasdaq.com

Zacks Industry Outlook Highlights Dell Technologies and Amdocs - Nasdaq

June 21, 2022 | nasdaq.com

Alphabet (GOOGL) Updates Google TV With Profiles Feature - Nasdaq

June 20, 2022 | finance.yahoo.com

2 IT Services Stocks to Buy From a Challenging Industry - Yahoo Finance

June 20, 2022 | nasdaq.com

2 IT Services Stocks to Buy From a Challenging Industry - Nasdaq

See More Headlines

Industry, Sector and Symbol

Stock Exchange: NASDAQ
Industry: Custom computer programming services
Sub-Industry: IT Consulting & Other Services
Sector: Computer and Technology
Current Symbol: NASDAQ:DOX
CUSIP: G0260210
CIK: 1062579
Web: www.amdocs.com
Phone: (314) 212-7000
Fax: 1 314 212 7500
Employees: 27,176
Year Founded: 1982

Company Calendar

Ex-Dividend for 4/29 Dividend: 3/30/2022
Dividend Payable: 4/29/2022
Last Earnings: 5/11/2022
Ex-Dividend for 7/29 Dividend: 6/29/2022
Today: 7/01/2022
Dividend Payable: 7/29/2022
Next Earnings (Estimated): 8/03/2022
Fiscal Year End: 9/30/2022

Price Target and Rating

Average Stock Price Forecast: $91.67
High Stock Price Forecast: $99.00
Low Stock Price Forecast: $86.00
Forecasted Upside/Downside: +8.5%
Consensus Rating: Buy
Rating Score (0-4): 3
Research Coverage: 2 Analysts

Profitability

EPS (Most Recent Fiscal Year): $4.46
Trailing P/E Ratio: 18.93
Forward P/E Ratio: 17.70
P/E Growth: 1.78
Net Income: $688.37 million
Net Margins: 12.76%
Pretax Margin: 14.33%
Return on Equity: 16.78%
Return on Assets: 9.28%

Debt

Debt-to-Equity Ratio: 0.23
Current Ratio: 1.50
Quick Ratio: 1.50

Sales & Book Value

Annual Sales: $4.29 billion
Price / Sales: 2.58
Cash Flow: $5.90 per share
Price / Cash Flow: 14.32
Book Value: $27.73 per share
Price / Book: 3.05

Miscellaneous

Outstanding Shares: 131,110,000
Free Float: 110,919,000
Market Cap: $11.07 billion
Optionable: Optionable
Beta: 0.70

Social Links

Amdocs Frequently Asked Questions

Should I buy or sell Amdocs stock right now?: 2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Amdocs in the last year. There are currently 1 hold rating and 1 strong buy rating for the stock. The consensus among Wall Street analysts is that investors should "buy" Amdocs stock.
View analyst ratings for Amdocs or view top-rated stocks.
What is Amdocs' stock price forecast for 2022?: 2 analysts have issued 12 month price targets for Amdocs' stock. Their DOX stock forecasts range from $86.00 to $99.00. On average, they predict Amdocs' stock price to reach $91.67 in the next year. This suggests a possible upside of 8.5% from the stock's current price.
View analysts' price targets for Amdocs or view top-rated stocks among Wall Street analysts.
How has Amdocs' stock price performed in 2022?: Amdocs' stock was trading at $74.84 at the start of the year. Since then, DOX shares have increased by 12.8% and is now trading at $84.45.
View the best growth stocks for 2022 here.
When is Amdocs' next earnings date?: Amdocs is scheduled to release its next quarterly earnings announcement on Wednesday, August 3rd 2022.
View our earnings forecast for Amdocs.
How were Amdocs' earnings last quarter?: Amdocs Limited (NASDAQ:DOX) issued its quarterly earnings data on Wednesday, May, 11th. The technology company reported $1.43 EPS for the quarter, beating analysts' consensus estimates of $1.12 by $0.31. The technology company had revenue of $1.15 billion for the quarter, compared to analyst estimates of $1.12 billion. Amdocs had a net margin of 12.76% and a trailing twelve-month return on equity of 16.78%. During the same quarter in the prior year, the company earned $1.05 EPS.
View Amdocs' earnings history.
How often does Amdocs pay dividends? What is the dividend yield for Amdocs?: Amdocs announced a quarterly dividend on Wednesday, May 11th. Investors of record on Thursday, June 30th will be given a dividend of $0.395 per share on Friday, July 29th. This represents a $1.58 dividend on an annualized basis and a dividend yield of 1.87%. The ex-dividend date is Wednesday, June 29th.
View Amdocs' dividend history.
Is Amdocs a good dividend stock?: Amdocs(NASDAQ:DOX) pays an annual dividend of $1.58 per share and currently has a dividend yield of 1.90%. Amdocs has been increasing its dividend for 9 consecutive years, indicating the company has a new, but growing committment to grow its dividend. The dividend payout ratio of Amdocs is 35.43%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, Amdocs will have a dividend payout ratio of 28.83% next year. This indicates that Amdocs will be able to sustain or increase its dividend.
View Amdocs' dividend history.
What guidance has Amdocs issued on next quarter's earnings?: Amdocs updated its third quarter 2022 earnings guidance on Wednesday, June, 8th. The company provided EPS guidance of $1.23-$1.29 for the period, compared to the consensus estimate of $1.30. The company issued revenue guidance of $1.14 billion-$1.18 billion, compared to the consensus revenue estimate of $1.09 billion.
Who are Amdocs' key executives?: Amdocs' management team includes the following people:
Mr. Joshua Sheffer, Pres, CEO & Director (Age 62)
Ms. Tamar Rapaport-Dagim, CFO & COO (Age 51)
Mr. Matthew E. Smith, Sec. & Head of Investor Relations (Age 50)
Mr. Gary Miles, Chief Marketing Officer
Darcy Antonellis, Head of Amdocs Media
Mr. Oren Marmur, Head of NFV - Amdocs Open Network
Mr. Rajat Raheja, Division Pres of Amdocs Devel. Centre India LLP (Age 53)
Anthony Goonetilleke, Group Pres of Media, Network & Technology

What is Shuky Sheffer's approval rating as Amdocs' CEO?: 915 employees have rated Amdocs CEO Shuky Sheffer on Glassdoor.com. Shuky Sheffer has an approval rating of 90% among Amdocs' employees.
Who are some of Amdocs' key competitors?: Some companies that are related to Amdocs include Accenture (ACN), International Business Machines (IBM), Cognizant Technology Solutions (CTSH), Gartner (IT), EPAM Systems (EPAM), Leidos (LDOS), Booz Allen Hamilton (BAH), CACI International (CACI), Teradata (TDC), ManTech International (MANT), Forrester Research (FORR), Unisys (UIS), The Hackett Group (HCKT) and ServiceSource International (SREV).
View all of DOX's competitors.
What other stocks do shareholders of Amdocs own?: 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).
What is Amdocs' stock symbol?: Amdocs trades on the NASDAQ under the ticker symbol "DOX."
How do I buy shares of Amdocs?: Shares of DOX 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.
Compare Top Brokerages Here.
What is Amdocs' stock price today?: One share of DOX stock can currently be purchased for approximately $84.45.
How much money does Amdocs make?: Amdocs (NASDAQ:DOX) has a market capitalization of $11.07 billion and generates $4.29 billion in revenue each year. The technology company earns $688.37 million in net income (profit) each year or $4.46 on an earnings per share basis.
How many employees does Amdocs have?: Amdocs employs 27,176 workers across the globe.
Does Amdocs have any subsidiaries?: The following companies are subsidiares of Amdocs: AMDOCS (AUSTRALIA) PTY LTD, AMDOCS (CR) s.r.o., AMDOCS (ITALY) SRL, AMDOCS (PORTUGAL) SOFTWARE UNIPESSOAL LDA, AMDOCS (UK) LIMITED, AMDOCS ASTRUM LIMITED, AMDOCS BRASIL LTDA, AMDOCS BULGARIA EOOD, AMDOCS DEVELOPMENT CENTRE INDIA LLP, AMDOCS DEVELOPMENT LIMITED, AMDOCS ECUADOR S.A., AMDOCS FRANCE, AMDOCS HELLAS LTD, AMDOCS HONG KONG LIMITED, AMDOCS INVESTMENTS SWITZERLAND LIMITED, AMDOCS MANAGEMENT LIMITED, AMDOCS MONTENEGRO D.O.O., AMDOCS PERU S.A.C., AMDOCS PHILIPPINES INC., AMDOCS SINGAPORE PTE. LTD., AMDOCS SOFTWARE GmbH, AMDOCS SPAIN SLU, AMDOCS SYSTEMS EUROPE LIMITED, AMDOCS SYSTEMS GROUP LIMITED, AMDOCS SYSTEMS LIMITED, AMDOCS TETHYS LIMITED, AMDOCS VIETNAM COMPANY LIMITED, AMDOCS YAZILIM HIZMETLERI ANONIM SIRKETI, Actix, Amdocs (Finland) Oy, Amdocs Advertising And Media - Emea ApS, Amdocs B.V., Amdocs Canadian Managed Services Inc, Amdocs Champaign Inc., Amdocs Chile SpA, Amdocs Costa Rica SR Ltda, Amdocs Inc., Amdocs International GmbH, Amdocs México S. de R.L. de C.V., Amdocs Qpass Inc., Amdocs Software Megoldások Korlátolt Felelosségu Társaság, Amdocs Software Services Américas S. de R.L. de C.V., Amdocs Software Technologies Inc, Amdocs Systems AB, BRITE:BILL GROUP LIMITED, Bridgewater Systems, Brite:Bill, CRAMER LIMITED, Celcite, Changingworlds, Cramer Systems, DST Innovis, ECHOS SERVICOS SA, EUROPEAN SOFTWARE MARKETING LTD, EUROPEAN SUPPORT LIMITED, Hungarian Innovation Systems Korlátolt Felelosségu Társaság, IGNIS UK INVESTMENT LIMITED, INVENTIS DEVELOPMENTS LIMITED, Jacobs Rimell Ltd., MX Telecom, OPENMARKET LIMITED, OPENMARKET PTY LTD, ORBIS INVESTMENT LTD, Openet, Openmarket Inc., Opis Investment Switzerland GmbH, PT. AMDOCS INDONESIA, PT. APPLICATION SOLUTIONS, PT. SOFTWARE SOLUTIONS INDONESIA, Pontis, Projekt202 LLC, Qpass, Solect Technology Group, Sourced Group, Streamezzo, Telecom Technology Services, UNIVERSUM INVESTMENTS LTD, UTIBA PTE LTD, UTIBA SOFTWARE SOLUTIONS (SINGAPORE) PTE. LTD., UXP Systems GmbH, UXP Systems Inc, Vindicia, Vubiquity, XACCT Technologies, cVidya, and jNetX.
Read More
When was Amdocs founded?: Amdocs was founded in 1982.
How can I contact Amdocs?: Amdocs' mailing address is 1390 Timberlake Manor Parkway, Chesterfield MO, 63017. The official website for Amdocs is www.amdocs.com. The technology company can be reached via phone at (314) 212-7000, via email at [email protected], or via fax at 1 314 212 7500.

This page (NASDAQ:DOX) was last updated on 7/2/2022 by MarketBeat.com Staff

30 Days of MarketBeat All Access for $1.00

Best-in-Class Portfolio Monitoring
View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio.
Stock Ideas and Recommendations
Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report.
Advanced Stock Screeners and Research Tools
Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. Export data to Excel for your own analysis.

Start Your Risk-Free Trial Subscription Here

Amdocs Stock Forecast, Price & News

Amdocs Stock Forecast (MarketRank)

Overall MarketRank™

1.5 Analyst's Opinion

5.0 Short Interest

Percentage of Shares Shorted

Short Interest Ratio / Days to Cover

Change versus previous month

3.3 Dividend Strength

2.8 Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score

Environmental Sustainability

2.0 News and Social Media Coverage

News Sentiment

News Coverage This Week

Search Interest

MarketBeat Follows

2.5 Company Ownership

2.5 Earnings and Valuation

Receive DOX Stock News and Ratings via Email

About Amdocs (NASDAQ:DOX)

DOX Stock News Headlines

Industry, Sector and Symbol

Company Calendar

Price Target and Rating

Profitability

Debt

Sales & Book Value

Miscellaneous

Social Links

Amdocs Frequently Asked Questions

Should I buy or sell Amdocs stock right now?

What is Amdocs' stock price forecast for 2022?

How has Amdocs' stock price performed in 2022?

When is Amdocs' next earnings date?

How were Amdocs' earnings last quarter?

How often does Amdocs pay dividends? What is the dividend yield for Amdocs?

Is Amdocs a good dividend stock?

What guidance has Amdocs issued on next quarter's earnings?

Who are Amdocs' key executives?

What is Shuky Sheffer's approval rating as Amdocs' CEO?

Who are some of Amdocs' key competitors?

What other stocks do shareholders of Amdocs own?

What is Amdocs' stock symbol?

How do I buy shares of Amdocs?

What is Amdocs' stock price today?

How much money does Amdocs make?

How many employees does Amdocs have?

Does Amdocs have any subsidiaries?

When was Amdocs founded?

How can I contact Amdocs?

MarketBeat Resources

Premium Research Tools

Market Data and Calendars

Investing Education and Resources

Overall MarketRank^™