NASDAQ:DOX - Amdocs Stock Price, Price Target & More

Amdocs trades on the NASDAQ under the ticker symbol "DOX."

Amdocs declared a quarterly dividend on Thursday, May 10th. Shareholders of record on Friday, June 29th will be given a dividend of $0.25 per share on Friday, July 20th. This represents a $1.00 dividend on an annualized basis and a yield of 1.45%. The ex-dividend date is Thursday, June 28th. View Amdocs' Dividend History.

Amdocs declared that its board has approved a stock repurchase program on Thursday, November 9th 2017, which permits the company to repurchase $800,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization permits the company to repurchase shares of its stock through open market purchases. Shares repurchase programs are often an indication that the company's board believes its stock is undervalued.

Amdocs Limited (NASDAQ:DOX) posted its quarterly earnings data on Thursday, May, 10th. The technology company reported $0.95 earnings per share for the quarter, hitting analysts' consensus estimates of $0.95. The technology company had revenue of $992.34 million for the quarter, compared to analyst estimates of $980.59 million. Amdocs had a net margin of 11.36% and a return on equity of 15.07%. The business's revenue was up 2.7% compared to the same quarter last year. During the same period last year, the company posted $0.94 earnings per share. View Amdocs' Earnings History.

Amdocs is scheduled to release their next quarterly earnings announcement on Tuesday, July, 31st 2018. View Earnings Estimates for Amdocs.

Amdocs issued an update on its third quarter earnings guidance on Thursday, May, 10th. The company provided EPS guidance of $1.00-1.06 for the period, compared to the Thomson Reuters consensus EPS estimate of $1.01. The company issued revenue guidance of $990-1030 million, compared to the consensus revenue estimate of $1.00 billion.

6 brokers have issued 12 month price targets for Amdocs' shares. Their predictions range from $60.20 to $77.00. On average, they anticipate Amdocs' stock price to reach $69.24 in the next twelve months. This suggests a possible upside of 0.6% from the stock's current price. View Analyst Ratings for Amdocs.

6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Amdocs in the last year. There are currently 3 hold ratings and 3 buy ratings for the stock, resulting in a consensus recommendation of "Buy."

Some companies that are related to Amdocs include Wipro (WIT), NTT DATA Corp/ADR (NTDTY), Verisign (VRSN), Obic (OBIIF), EPAM Systems (EPAM), Aspen Technology (AZPN), GEMALTO NV/S (GTOMY), Zscaler (ZS), Sogou (SOGO), Syntel (SYNT), Callidus Software (CALD), Virtusa (VRTU), Luxoft (LXFT), PROS (PRO) and Perficient (PRFT).

Headlines about DOX stock have trended somewhat positive this week, Accern Sentiment Analysis reports. Accern identifies negative and positive media coverage by monitoring more than 20 million news and blog sources in real time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Amdocs earned a news sentiment score of 0.10 on Accern's scale. They also gave news stories about the technology company an impact score of 46.11 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the company's share price in the next few days.

Amdocs' stock is owned by a variety of of retail and institutional investors. Top institutional shareholders include Manning & Napier Group LLC (1.33%), Bank of Montreal Can (0.67%), Fisher Asset Management LLC (0.14%), State of Alaska Department of Revenue (0.03%), CENTRAL TRUST Co (0.01%) and Atria Investments LLC (0.00%). View Institutional Ownership Trends for Amdocs.

DOX stock was sold by a variety of institutional investors in the last quarter, including Manning & Napier Group LLC, Fisher Asset Management LLC and Atria Investments LLC. View Insider Buying and Selling for Amdocs.

DOX stock was purchased by a variety of institutional investors in the last quarter, including Bank of Montreal Can, State of Alaska Department of Revenue and CENTRAL TRUST Co. View Insider Buying and Selling for Amdocs.

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

One share of DOX stock can currently be purchased for approximately $68.81.

Amdocs has a market capitalization of $9.87 billion and generates $3.87 billion in revenue each year. The technology company earns $436.82 million in net income (profit) each year or $3.55 on an earnings per share basis. Amdocs employs 24,670 workers across the globe.

Amdocs' mailing address is 1390 Timberlake Manor Parkway, Chesterfield MO, 63017. The technology company can be reached via phone at 1 314 212 7000 or via email at [email protected]