NASDAQ:DOX

Amdocs - DOX Stock Forecast, Price & News

$83.01

+2.00 (+2.47%)

(As of 10/4/2022 12:00 AM ET)

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Today's Range: $81.66
▼
$83.13
50-Day Range: $78.64
▼
$90.39
52-Week Range: $68.33
▼
$90.77

Volume: 427,415 shs
Average Volume: 736,675 shs
Market Capitalization: $10.88 billion

P/E Ratio: 19.04
Dividend Yield: 1.95%
Price Target: $93.33

Amdocs MarketRank™ Forecast

Analyst Rating: Moderate Buy
2.75 Rating Score
Upside/Downside: 12.4% Upside
$93.33 Price Target
Short Interest: Healthy
1.29% of Float Sold Short
Dividend Strength: Strong
Based on Four Factors
Sustainability: -0.45
Upright™ Environmental Score
News Sentiment: 0.75
Based on 8 Articles This Week
Insider Trading: N/A
Proj. Earnings Growth: 12.66%
From $4.82 to $5.43 Per Share

Overall MarketRank^™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.98 out of 5 stars

Computer And Technology Sector

81st out of 648 stocks

Custom Computer Programming Services Industry

7th out of 28 stocks

2.4

Analyst's Opinion

Consensus Rating
Amdocs has received a consensus rating of Buy. The company's average rating score is 2.75, and is based on 1 buy rating, 2 hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $93.33, Amdocs has a forecasted upside of 12.4% from its current price of $83.01.
Amount of Analyst Coverage
Amdocs has only been the subject of 2 research reports in the past 90 days.

5.0

Short Interest

Percentage of Shares Shorted
1.29% 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 2.5, 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 24.04%, indicating that investor sentiment is improving significantly.

3.3

Dividend Strength

Dividend Yield
Amdocs pays a meaningful dividend of 1.95%, 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 36.24%. 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 29.10% next year. This indicates that Amdocs will be able to sustain or increase its dividend.

3.6

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.

3.2

News and Social Media Coverage

News Sentiment
Amdocs has a news sentiment score of 0.75. 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 is a higher news sentiment than the 0.54 average news sentiment score of Computer and Technology companies.
News Coverage This Week
MarketBeat has tracked 8 news articles for Amdocs this week, compared to 5 articles on an average week.
Search Interest
2 people have searched for DOX on MarketBeat in the last 30 days.
MarketBeat Follows
Only 3 people have added Amdocs to their MarketBeat watchlist in the last 30 days. This is a decrease of -25% 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
88.11% 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 12.66% in the coming year, from $4.82 to $5.43 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Amdocs is 19.04, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 114.97.
Price to Earnings Ratio vs. Sector
The P/E ratio of Amdocs is 19.04, 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 318.99.
Price to Earnings Growth Ratio
Amdocs has a PEG Ratio of 1.30. 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 2.99. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

About Amdocs (NASDAQ:DOX) Stock

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.

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DOX Stock News Headlines

October 4, 2022 | nasdaq.com

Looking for a Growth Stock? 3 Reasons Why Amdocs (DOX) is a Solid Choice - Nasdaq

October 4, 2022 | finance.yahoo.com

Looking for a Growth Stock? 3 Reasons Why Amdocs (DOX) is a Solid Choice

October 3, 2022 | businesswire.com

The Worldwide Network as a Service Industry is Anticipated to Reach $81.8 Billion by 2030 - ResearchAndMarkets.com - Business Wire

September 30, 2022 | nasdaq.com

The Zacks Analyst Blog Highlights Broadcom, Analog Devices, NetApp and Amdocs - Nasdaq

September 30, 2022 | americanbankingnews.com

Amdocs (NASDAQ:DOX) Upgraded to Strong-Buy at StockNews.com

September 28, 2022 | finance.yahoo.com

The Global IoT Monetization Market size is expected to reach $1834.7 billion by 2028, rising at a market growth of 52.1% CAGR during the forecast period - Yahoo Finance

September 28, 2022 | globenewswire.com

Global Revenue Assurance Market Projected to Generate $948.3 Million and Grow at 9.8% CAGR by 2026 Post the Covid-19 Pandemic | Announced by Research Dive - GlobeNewswire

September 28, 2022 | americanbankingnews.com

Amdocs Limited (NASDAQ:DOX) to Issue $0.40 Quarterly Dividend

September 27, 2022 | nasdaq.com

Ex-Dividend Reminder: Steel Dynamics, Amdocs and Nutrien - Nasdaq

September 27, 2022 | forbes.com

Banks Stumble Their Way To Their Cloud-Based Future - Forbes

September 21, 2022 | globenewswire.com

Leading Telecoms Industry Analysts Highlight Amdocs' Global - GlobeNewswire

September 21, 2022 | finance.yahoo.com

Here's Why Amdocs (DOX) is a Strong Value Stock

September 19, 2022 | benzinga.com

Leading Telecoms Industry Analysts Highlight Amdocs' Global Leadership in Key Domains - Amdocs (NASDAQ:DOX) - Benzinga

September 13, 2022 | finance.yahoo.com

Amdocs Announces Industry’s First 5G-Native Charging Solution, Providing Flexibility Across Both IT and Network - Yahoo Finance

September 13, 2022 | finance.yahoo.com

Amdocs Announces Industry’s First 5G-Native Charging Solution, Providing Flexibility Across Both IT and Network

September 13, 2022 | businesswire.com

Global Telecom Billing & Revenue Management Market Research Report to 2027 - Featuring Amdocs, BearingPoint Holding and Cerillion Technologies Among Others - ResearchAndMarkets.com - Business Wire

September 12, 2022 | finance.yahoo.com

Compugen Announces Appointment of Alberto Sessa as Chief Financial Officer - Yahoo Finance

September 9, 2022 | finance.yahoo.com

Amdocs Enables New Brazilian Communications Provider, Winity Telecom, to Rapidly Deploy Its Mobile Network and Services to Help Close Digital Divide - Yahoo Finance

September 8, 2022 | globenewswire.com

Amdocs Enables New Brazilian Communications Provider, Winity Telecom, to Rapidly Deploy Its Mobile Network and Services to Help Close Digital Divide - GlobeNewswire

September 8, 2022 | finance.yahoo.com

Amdocs Enables New Brazilian Communications Provider, Winity Telecom, to Rapidly Deploy Its Mobile Network and Services to Help Close Digital Divide

September 6, 2022 | finance.yahoo.com

Consumers Are Ready to Join the eSIM Smartphone Revolution, Amdocs Report Finds - Yahoo Finance

September 6, 2022 | nasdaq.com

Amdocs is Now Oversold (DOX) - Nasdaq

September 6, 2022 | benzinga.com

Amdocs Limited (DOX) – Consumers Are Ready to Join the eSIM Smartphone Revolution, Amdocs Report Finds - Benzinga

September 6, 2022 | finance.yahoo.com

Consumers Are Ready to Join the eSIM Smartphone Revolution, Amdocs Report Finds

September 2, 2022 | finance.yahoo.com

Amdocs (DOX) Down 3.5% Since Last Earnings Report: Can It Rebound?

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DOX Company Calendar

Ex-Dividend for 7/29 Dividend: 6/29/2022
Dividend Payable: 7/29/2022
Last Earnings: 8/03/2022
Ex-Dividend for 10/28 Dividend: 9/29/2022
Today: 10/04/2022
Dividend Payable: 10/28/2022
Next Earnings (Estimated): 11/01/2022
Fiscal Year End: 9/30/2023

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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

Price Target and Rating

Average Stock Price Forecast: $93.33
High Stock Price Forecast: $99.00
Low Stock Price Forecast: $86.00
Forecasted Upside/Downside: +12.4%
Consensus Rating: Moderate Buy
Rating Score (0-4): 2.75
Research Coverage: 4 Analysts

Profitability

EPS (Most Recent Fiscal Year): $4.36
Trailing P/E Ratio: 19.04
Forward P/E Ratio: 17.22
P/E Growth: 1.3
Net Income: $688.37 million
Net Margins: 12.10%
Pretax Margin: 14.17%
Return on Equity: 16.37%
Return on Assets: 9.02%

Debt

Debt-to-Equity Ratio: 0.23
Current Ratio: 1.59
Quick Ratio: 1.59

Sales & Book Value

Annual Sales: $4.29 billion
Price / Sales: 2.54
Cash Flow: $6.07 per share
Price / Cash Flow: 13.67
Book Value: $27.73 per share
Price / Book: 2.99

Miscellaneous

Outstanding Shares: 131,110,000
Free Float: 110,919,000
Market Cap: $10.88 billion
Optionable: Optionable
Beta: 0.68

Social Links

Key Executives

Mr. Joshua Sheffer (Age 62)
Pres, CEO & Director

Ms. Tamar Rapaport-Dagim (Age 51)
CFO & COO

Mr. Matthew E. Smith (Age 50)
Sec. & Head of Investor Relations

Mr. Gary Miles
Chief Marketing Officer

Darcy Antonellis
Head of Amdocs Media

Anthony Goonetilleke
Group Pres of Technology & Head of Strategy

Mr. Oren Marmur
Head of NFV - Amdocs Open Network

Idit Duvdevany Aronsohn
Head of Corp. Responsibility, Inclusion & Wellbeing

Mr. Rajat Raheja (Age 53)
Division Pres of Amdocs Devel. Centre India LLP

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

DOX Stock - Frequently Asked Questions

Should I buy or sell Amdocs stock right now?: 4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Amdocs in the last twelve months. There are currently 2 hold ratings, 1 buy rating and 1 strong buy rating for the stock. The consensus among Wall Street analysts is that investors should "buy" DOX shares.
View DOX analyst ratings or view top-rated stocks.
What is Amdocs' stock price forecast for 2022?: 4 equities research analysts have issued 12-month price objectives for Amdocs' shares. Their DOX share price forecasts range from $86.00 to $99.00. On average, they anticipate the company's share price to reach $93.33 in the next twelve months. This suggests a possible upside of 12.4% from the stock's current price.
View analysts price targets for DOX or view top-rated stocks among Wall Street analysts.
How have DOX shares performed in 2022?: Amdocs' stock was trading at $74.84 at the beginning of the year. Since then, DOX shares have increased by 10.9% and is now trading at $83.01.
View the best growth stocks for 2022 here.
When is Amdocs' next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Tuesday, November 1st 2022.
View our DOX earnings forecast.
How were Amdocs' earnings last quarter?: Amdocs Limited (NASDAQ:DOX) announced its quarterly earnings results on Wednesday, August, 3rd. The technology company reported $1.15 EPS for the quarter, topping the consensus estimate of $1.14 by $0.01. The technology company earned $1.16 billion during the quarter, compared to analysts' expectations of $1.16 billion. Amdocs had a trailing twelve-month return on equity of 16.37% and a net margin of 12.10%. During the same quarter last year, the firm earned $1.26 earnings per share.
How often does Amdocs pay dividends? What is the dividend yield for Amdocs?: Amdocs announced a quarterly dividend on Wednesday, August 3rd. Shareholders of record on Friday, September 30th will be given a dividend of $0.395 per share on Friday, October 28th. This represents a $1.58 dividend on an annualized basis and a dividend yield of 1.90%. The ex-dividend date is Thursday, September 29th.
Read our dividend analysis for DOX.
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 1.95%. The company 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 is 36.24%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, DOX will have a dividend payout ratio of 29.10% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for DOX.
What guidance has Amdocs issued on next quarter's earnings?: Amdocs issued an update on its fourth quarter 2022 earnings guidance on Wednesday, August, 10th. The company provided EPS guidance of $1.26-$1.32 for the period, compared to the consensus earnings per share estimate of $1.25. The company issued revenue guidance of $1.15 billion-$1.19 billion, compared to the consensus revenue estimate of $1.15 billion.

What is Shuky Sheffer's approval rating as Amdocs' CEO?: 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.
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."
Who are Amdocs' major shareholders?: Amdocs' stock is owned by a number of retail and institutional investors. Top institutional investors include Bowling Portfolio Management LLC (0.02%) and Fulton Bank N.A. (0.00%).
How do I buy shares of Amdocs?: 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.
Compare Top Brokerages Here.
What is Amdocs' stock price today?: One share of DOX stock can currently be purchased for approximately $83.01.
How much money does Amdocs make?: Amdocs (NASDAQ:DOX) has a market capitalization of $10.88 billion and generates $4.29 billion in revenue each year. The technology company earns $688.37 million in net income (profit) each year or $4.36 on an earnings per share basis.
How many employees does Amdocs have?: The company 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
How can I contact Amdocs?: Amdocs' mailing address is 1390 Timberlake Manor Parkway, Chesterfield MO, 63017. The official website for the company is www.amdocs.com. The technology company can be reached via phone at (314) 212-7000, via email at dox_info@amdocs.com, or via fax at 1 314 212 7500.

This page (NASDAQ:DOX) was last updated on 10/5/2022 by MarketBeat.com Staff

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Amdocs - DOX Stock Forecast, Price & News

Amdocs MarketRank™ Forecast

Overall MarketRank™

Analyst's Opinion

Short Interest

Percentage of Shares Shorted

Short Interest Ratio / Days to Cover

Change versus previous month

Dividend Strength

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score

Environmental Sustainability

News and Social Media Coverage

News Sentiment

News Coverage This Week

Search Interest

MarketBeat Follows