NASDAQ:DOX

Amdocs - DOX Stock Forecast, Price & News

$87.42

+1.06 (+1.23%)

(As of 11/25/2022 12:00 AM ET)

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Today's Range: $85.27
▼
$87.47
50-Day Range: $78.64
▼
$87.42
52-Week Range: $68.33
▼
$90.77

Volume: 325,276 shs
Average Volume: 561,592 shs
Market Capitalization: $11.46 billion

P/E Ratio: 19.69
Dividend Yield: 1.83%
Price Target: $90.20

Amdocs MarketRank™ Forecast

Analyst Rating: Moderate Buy
2.50 Rating Score
Upside/Downside: 3.2% Upside
$90.20 Price Target
Short Interest: Healthy
1.58% of Float Sold Short
Dividend Strength: Strong
Based on Four Factors
Sustainability: -0.45
Upright™ Environmental Score
News Sentiment: N/A
Insider Trading: N/A
Proj. Earnings Growth: 16.82%
From $5.35 to $6.25 Per Share

Overall MarketRank^™

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

2.66 out of 5 stars

Computer And Technology Sector

139th out of 632 stocks

Custom Computer Programming Services Industry

8th out of 25 stocks

1.3

Analyst's Opinion

Consensus Rating
Amdocs has received a consensus rating of Buy. The company's average rating score is 2.50, and is based on 2 buy ratings, 2 hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $90.20, Amdocs has a forecasted upside of 3.2% from its current price of $87.42.
Amount of Analyst Coverage
Amdocs has only been the subject of 2 research reports in the past 90 days.

4.0

Short Interest

Percentage of Shares Shorted
1.58% 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 3.2, 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 1.52%, indicating that investor sentiment is improving.

3.3

Dividend Strength

Dividend Yield
Amdocs pays a meaningful dividend of 1.83%, 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 35.59%. 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 25.28% 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 0.74. 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 0.56 average news sentiment score of Computer and Technology companies.
News Coverage This Week
MarketBeat has tracked 1 news article 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. This is an increase of 100% compared to the previous 30 days.
MarketBeat Follows
4 people have added Amdocs to their MarketBeat watchlist in the last 30 days. This is an increase of 300% 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.

3.1

Earnings and Valuation

Earnings Growth
Earnings for Amdocs are expected to grow by 16.82% in the coming year, from $5.35 to $6.25 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Amdocs is 19.69, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 121.13.
Price to Earnings Ratio vs. Sector
The P/E ratio of Amdocs is 19.69, 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 369.17.
Price to Earnings Growth Ratio
Amdocs has a PEG Ratio of 1.40. 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 3.22. 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

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

November 16, 2022 | americanbankingnews.com

Amdocs (NASDAQ:DOX) Price Target Increased to $100.00 by Analysts at Barclays

November 16, 2022 | americanbankingnews.com

Amdocs (NASDAQ:DOX) Price Target Lowered to $85.00 at Robert W. Baird

November 10, 2022 | finance.yahoo.com

Amdocs Full Year 2022 Earnings: In Line With Expectations

November 10, 2022 | finance.yahoo.com

Amdocs' (DOX) Vubiquity Platform Selected by Israel's Cellcom

November 10, 2022 | finance.yahoo.com

3 Reasons Growth Investors Will Love Amdocs (DOX)

November 9, 2022 | finance.yahoo.com

Amdocs (DOX) Q4 Earnings & Revenues Match Estimates, Up Y/Y