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

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

Amdocs announced a quarterly dividend on Thursday, May 10th. Stockholders of record on Friday, June 29th will be paid a dividend of $0.25 per share on Friday, July 20th. This represents a $1.00 annualized dividend and a dividend yield of 1.47%. The ex-dividend date of this dividend is Thursday, June 28th. View Amdocs' Dividend History.

Amdocs announced that its Board of Directors has initiated a stock buyback program on Thursday, November 9th 2017, which authorizes the company to buyback $800,000,000.00 in shares, according to EventVestor. This buyback authorization authorizes the company to reacquire shares of its stock through open market purchases. Stock buyback programs are often a sign that the company's board of directors believes its stock is undervalued.

Amdocs Limited (NASDAQ:DOX) issued its quarterly earnings results on Thursday, May, 10th. The technology company reported $0.95 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.95. The technology company earned $992.34 million during the quarter, compared to the consensus estimate of $980.59 million. Amdocs had a net margin of 11.36% and a return on equity of 15.07%. The firm's revenue was up 2.7% compared to the same quarter last year. During the same period in the previous year, the company earned $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 earnings per share guidance of $1.00-1.06 for the period, compared to the Thomson Reuters consensus estimate of $1.01. The company issued revenue guidance of $990-1030 million, compared to the consensus revenue estimate of $1.00 billion.

6 Wall Street analysts have issued 12-month price targets for Amdocs' stock. Their predictions range from $60.20 to $77.00. On average, they expect Amdocs' share price to reach $69.24 in the next year. This suggests a possible upside of 1.6% 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).

Media coverage about DOX stock has trended somewhat positive on Thursday, Accern reports. The research firm scores the sentiment of news coverage by analyzing more than twenty million news and blog sources in real time. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Amdocs earned a news impact score of 0.11 on Accern's scale. They also gave media coverage about the technology company an impact score of 44.97 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the company's share price in the near future.

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%), Nisa Investment Advisors LLC (0.04%), State of Alaska Department of Revenue (0.03%) and Amalgamated Bank (0.01%). 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, World Asset Management Inc and Atria Investments LLC. View Insider Buying and Selling for Amdocs.

DOX stock was bought by a variety of institutional investors in the last quarter, including Bank of Montreal Can, State of Alaska Department of Revenue, Hartford Investment Management Co., CENTRAL TRUST Co, Nisa Investment Advisors LLC and Amalgamated Bank. 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 $68.18.

Amdocs has a market capitalization of $9.89 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]