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NYSE:INFY

Infosys (INFY) Stock Price, News & Analysis

$22.78
+0.77 (+3.50%)
(As of 07/26/2024 ET)
Today's Range
$22.44
$22.94
50-Day Range
$16.75
$22.79
52-Week Range
$16.04
$22.94
Volume
15.98 million shs
Average Volume
9.85 million shs
Market Capitalization
$94.33 billion
P/E Ratio
29.98
Dividend Yield
1.27%
Price Target
$19.27

Infosys MarketRank™ Stock Analysis

Analyst Rating
Hold
2.42 Rating Score
Upside/​Downside
15.4% Downside
$19.27 Price Target
Short Interest
Bearish
2.24% of Float Sold Short
Dividend Strength
Moderate
Based on Four Factors
Sustainability
N/A
News Sentiment
0.72mentions of Infosys in the last 14 days
Based on 23 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
8.00%
From $0.75 to $0.81 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

2.12 out of 5 stars

Computer And Technology Sector

434th out of 612 stocks

Custom Computer Programming Services Industry

16th out of 26 stocks

INFY stock logo

About Infosys Stock (NYSE:INFY)

Infosys Limited, together with its subsidiaries, provides consulting, technology, outsourcing, and next-generation digital services in North America, Europe, India, and internationally. It provides digital marketing and digital workplace, digital commerce, digital experience and interactions, metaverse, data analytics and AI, applied AI, generative AI, sustainability, blockchain, engineering, Internet of Things, enterprise agile DevOps, application modernization, cloud, digital process automation, digital supply chain, Microsoft business application and cloud business, service experience transformation, energy transition, cyber security, and quality engineering solutions; Oracle, SAP, and Saleforce solutions; API economy and microservices; and Topaz, an AI-first set of services, solutions, and platforms using generative AI technologies. The company's products and platforms include Finacle, a core banking solution; Edge suite of products; Panaya platform, Infosys Equinox, Infosys Helix, Infosys Applied AI, Infosys Cortex, and Stater digital platforms; and Infosys McCamish, an insurance platform. It serves aerospace and defense, agriculture, automotive, chemical manufacturing, communication, consumer packaged goods, education, engineering procurement and construction, healthcare, high technology, industrial manufacturing, information services and publishing, insurance, life science, logistics and distribution, media, entertainment, mining, oil and gas, private equity, professional, public, retail, travel, hospitality, utilities, and waste management industries. The company was formerly known as Infosys Technologies Limited and changed its name to Infosys Limited in June 2011. Infosys Limited was incorporated in 1981 and is headquartered in Bengaluru, India.

INFY Stock Price History

INFY Stock News Headlines

Infosys: Growth Is At The Inflection Point
INFY Aug 2024 18.000 call
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Infosys (INFY) Gets a Hold from Stifel Nicolaus
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Infosys (NYSE:INFY) Announces Earnings Results
Infosys (NYSE:INFY) Upgraded to Neutral at Macquarie
Infosys (NYSE:INFY) Rating Increased to Buy at StockNews.com
Infosys (NYSE:INFY) Hits New 52-Week High at $22.55
See More Headlines
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Company Calendar

Ex-Dividend for 5/31 Dividend
5/31/2024
Dividend Payable
5/31/2024
Last Earnings
7/18/2024
Today
7/26/2024
Next Earnings (Estimated)
10/10/2024
Fiscal Year End
3/31/2025

Industry, Sector and Symbol

Industry
Custom computer programming services
Sub-Industry
N/A
Employees
317,240
Year Founded
1981

Price Target and Rating

Average Stock Price Target
$19.27
High Stock Price Target
$24.00
Low Stock Price Target
$14.00
Potential Upside/Downside
-15.4%
Consensus Rating
Hold
Rating Score (0-4)
2.42
Research Coverage
12 Analysts

Profitability

Net Income
$3.17 billion
Pretax Margin
23.64%

Debt

Sales & Book Value

Annual Sales
$18.56 billion
Cash Flow
$0.94 per share
Book Value
$2.42 per share

Miscellaneous

Outstanding Shares
4,139,950,000
Free Float
3,211,774,000
Market Cap
$94.33 billion
Optionable
Optionable
Beta
0.98

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Key Executives

  • Mr. Nandan M. Nilekani (Age 68)
    Co-Founder & Chairman
  • Mr. Salil Satish ParekhMr. Salil Satish Parekh (Age 60)
    MD, CEO & Director
    Comp: $3.19M
  • Mr. Anand Swaminathan
    Executive VP and Segment Head of Communication, Media & Technology
  • Ms. Inderpreet Sawhney (Age 59)
    Executive VP, Group General Counsel & Chief Compliance Officer
    Comp: $1.15M
  • Mr. Shaji Mathew (Age 53)
    Group Head of HR, Exec VP & Svc Offering Head of Fin Svcs, Healthcare, Ins and Life Sciences
    Comp: $126.84k
  • Mr. Karmesh Gul Vaswani (Age 52)
    Executive VP & Segment Head of CPG, Logistics & Retail
  • Mr. Jasmeet Singh
    Executive VP & Segment Head of Manufacturing
  • Ms. Martha G. King
    Executive VP & Chief Client Officer
  • Mr. Frank Lord Satterthwaite (Age 61)
    Senior Vice President of Delivery, FSHIL
  • Mr. Jayesh Sanghrajka (Age 50)
    Chief Financial Officer
    Comp: $179.02k

Should I Buy Infosys Stock? INFY Pros and Cons Explained

Pros

Here are some ways that investors could benefit from investing in Infosys Limited:

  • Infosys reported a strong quarterly earnings result, surpassing analysts' expectations, indicating a healthy financial performance.
  • Recent dividend payout of $0.2035 per share with a yield of 1.4%, providing income to investors.
  • Institutional investors like Vanguard Group Inc. and Alberta Investment Management Corp have increased their stakes in Infosys, showing confidence in the company's future growth potential.
  • Positive analyst ratings and price targets from institutions like Bank of America and Wedbush, suggesting a favorable outlook for the stock.
  • Infosys' focus on providing consulting, technology, and digital services globally positions it well to benefit from the growing demand in these sectors.

Cons

Investors should be bearish about investing in Infosys Limited for these reasons:

  • Some analysts have issued a negative rating on Infosys, indicating potential concerns about certain aspects of the company's performance or future prospects.
  • Stock price fluctuations in the market may pose risks to short-term investors, requiring a careful assessment of market conditions.
  • Infosys' dividend payout ratio of 38.16% may limit the company's ability to reinvest profits for future growth initiatives.
  • One analyst has rated the stock as a sell, signaling a pessimistic view on Infosys' stock performance in the near term.
  • Market competition and technological advancements could impact Infosys' market position and profitability in the long run.
These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Tuesday, July 2, 2024. Please send any questions or comments about these Infosys pros and cons to contact@marketbeat.com.

INFY Stock Analysis - Frequently Asked Questions

How have INFY shares performed this year?

Infosys' stock was trading at $18.38 at the beginning of 2024. Since then, INFY shares have increased by 24.0% and is now trading at $22.7850.
View the best growth stocks for 2024 here
.

How were Infosys' earnings last quarter?

Infosys Limited (NYSE:INFY) announced its quarterly earnings results on Thursday, July, 18th. The technology company reported $0.18 earnings per share (EPS) for the quarter, meeting analysts' consensus estimates of $0.18. The technology company had revenue of $4.71 billion for the quarter, compared to the consensus estimate of $4.67 billion. Infosys had a net margin of 17.18% and a trailing twelve-month return on equity of 32.01%.

When did Infosys' stock split?

Infosys shares split on Monday, December 8th 2014. The 2-1 split was announced on Monday, November 24th 2014. The newly minted shares were payable to shareholders after the market closes on Friday, December 5th 2014. An investor that had 100 shares of stock prior to the split would have 200 shares after the split.

What is Salil S. Parekh's approval rating as Infosys' CEO?

401 employees have rated Infosys Chief Executive Officer Salil S. Parekh on Glassdoor.com. Salil S. Parekh has an approval rating of 75% among the company's employees.

Does Infosys have any subsidiaries?

Infosys subsidiaries include Blue Acorn iCi, GuideVision, Kaleidoscope Innovation, Simplus, Eishtec, Hitachi Procurement Service, Stater, and others.

Who are Infosys' major shareholders?

Infosys' top institutional shareholders include Bank of New York Mellon Corp (0.15%), Baillie Gifford & Co. (0.07%), Genesis Investment Management LLP (0.04%) and Allspring Global Investments Holdings LLC (0.04%).

How do I buy shares of Infosys?

Shares of INFY stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of Infosys own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Infosys investors own include Wipro (WIT), Tata Motors (TTM), Walt Disney (DIS), Xtrackers California Municipal Bond ETF (CA), NVIDIA (NVDA), Alibaba Group (BABA) and ICICI Bank (IBN).

This page (NYSE:INFY) was last updated on 7/27/2024 by MarketBeat.com Staff

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