Amdocs - DOX Stock Forecast, Price & News

4 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Amdocs in the last year. There are currently 2 hold ratings, 1 buy rating and 1 strong buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" DOX shares.
View DOX analyst ratings or view top-rated stocks.

4 equities research analysts have issued 1-year target prices for Amdocs' shares. Their DOX share price forecasts range from $86.00 to $99.00. On average, they expect the company's stock price to reach $93.33 in the next twelve months. This suggests a possible upside of 18.1% 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 $74.84 at the beginning of the year. Since then, DOX shares have increased by 5.6% and is now trading at $79.02.
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The company is scheduled to release its next quarterly earnings announcement on Tuesday, November 1st 2022.
View our DOX earnings forecast.

Amdocs Limited (NASDAQ:DOX) posted its quarterly earnings data on Wednesday, August, 3rd. The technology company reported $1.27 earnings per share for the quarter, beating analysts' consensus estimates of $1.13 by $0.14. Amdocs had a trailing twelve-month return on equity of 16.37% and a net margin of 12.10%. During the same period in the previous year, the company earned $1.26 earnings per share.

Amdocs announced a quarterly dividend on Wednesday, August 3rd. Shareholders of record on Friday, September 30th will be paid 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 2.00%. The ex-dividend date of this dividend is Thursday, September 29th.
Read our dividend analysis for DOX.

Amdocs (NASDAQ:DOX) pays an annual dividend of $1.58 per share and currently has a dividend yield of 1.99%. 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 29.21% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for DOX.

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.

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

Amdocs' stock is owned by a number of institutional and retail investors. Top institutional shareholders include FMR LLC (9.74%), Massachusetts Financial Services Co. MA (5.41%), Pzena Investment Management LLC (4.84%), Allspring Global Investments Holdings LLC (4.05%), Nordea Investment Management AB (2.05%) and Clal Insurance Enterprises Holdings Ltd (1.93%).

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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One share of DOX stock can currently be purchased for approximately $79.02.

Amdocs (NASDAQ:DOX) has a market capitalization of $10.36 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.

The company employs 27,176 workers across the globe.

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.