Amdocs - DOX Stock Forecast, Price & News

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

3 Wall Street research analysts have issued twelve-month price targets for Amdocs' shares. Their DOX share price forecasts range from $84.00 to $100.00. On average, they expect the company's share price to reach $91.25 in the next year. This suggests a possible upside of 1.0% from the stock's current price.
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Amdocs' stock was trading at $90.90 on January 1st, 2023. Since then, DOX shares have decreased by 0.6% and is now trading at $90.38.
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The company is scheduled to release its next quarterly earnings announcement on Tuesday, January 31st 2023.
View our DOX earnings forecast.

Amdocs will be holding an earnings conference call on Tuesday, January 31st at 5:00 PM Eastern. Interested parties can register for or listen to the call using this link.

Amdocs Limited (NASDAQ:DOX) issued its quarterly earnings data on Tuesday, November, 8th. The technology company reported $1.17 EPS for the quarter, topping analysts' consensus estimates of $1.16 by $0.01. The technology company earned $1.17 billion during the quarter, compared to the consensus estimate of $1.17 billion. Amdocs had a trailing twelve-month return on equity of 16.62% and a net margin of 12.01%. The firm's revenue for the quarter was up 7.3% on a year-over-year basis. During the same period in the prior year, the firm posted $1.07 earnings per share.

Amdocs declared a quarterly dividend on Tuesday, November 8th. Shareholders of record on Friday, December 30th will be paid a dividend of $0.395 per share on Friday, January 27th. This represents a $1.58 annualized dividend and a yield of 1.75%. The ex-dividend date of this dividend is Thursday, December 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 1.73%. 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 35.59%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, DOX will have a dividend payout ratio of 26.07% 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 first quarter 2023 earnings guidance on Thursday, December, 8th. The company provided earnings per share guidance of $1.29-$1.35 for the period, compared to the consensus EPS estimate of $1.42. The company issued revenue guidance of $1.16 billion-$1.20 billion, compared to the consensus revenue estimate of $1.20 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 many different retail and institutional investors. Top institutional investors include Allspring Global Investments Holdings LLC (4.23%), Wedge Capital Management L L P NC (0.61%), Harel Insurance Investments & Financial Services Ltd. (0.43%), Boston Trust Walden Corp (0.39%), Ardevora Asset Management LLP (0.35%) and State of Alaska Department of Revenue (0.12%).

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 $90.38.

Amdocs (NASDAQ:DOX) has a market capitalization of $10.92 billion and generates $4.58 billion in revenue each year. The technology company earns $549.50 million in net income (profit) each year or $4.44 on an earnings per share basis.

The company employs 30,288 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.