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DOW   37,798.97
QQQ   431.10
Stock market today: Most of Wall Street slips as expectations rise for rates to stay high
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ASML’s Earnings Could Bring The Stock to New Highs
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DocuSign and The Case for 66% Upside 
Closing prices for crude oil, gold and other commodities
S&P 500   5,051.41
DOW   37,798.97
QQQ   431.10
Stock market today: Most of Wall Street slips as expectations rise for rates to stay high
Kinder Morgan Stock Bid Up In An Oil Breakout
ASML’s Earnings Could Bring The Stock to New Highs
Undervalued UnitedHealth Group Won’t Be For Long
3 Computer Vision Stocks for Long-Term Gains From AI
DocuSign and The Case for 66% Upside 
Closing prices for crude oil, gold and other commodities
S&P 500   5,051.41
DOW   37,798.97
QQQ   431.10
Stock market today: Most of Wall Street slips as expectations rise for rates to stay high
Kinder Morgan Stock Bid Up In An Oil Breakout
ASML’s Earnings Could Bring The Stock to New Highs
Undervalued UnitedHealth Group Won’t Be For Long
3 Computer Vision Stocks for Long-Term Gains From AI
DocuSign and The Case for 66% Upside 
Closing prices for crude oil, gold and other commodities
S&P 500   5,051.41
DOW   37,798.97
QQQ   431.10
Stock market today: Most of Wall Street slips as expectations rise for rates to stay high
Kinder Morgan Stock Bid Up In An Oil Breakout
ASML’s Earnings Could Bring The Stock to New Highs
Undervalued UnitedHealth Group Won’t Be For Long
3 Computer Vision Stocks for Long-Term Gains From AI
DocuSign and The Case for 66% Upside 
Closing prices for crude oil, gold and other commodities
NYSE:INFY

Infosys (INFY) Stock Price, News & Analysis

$17.05
-0.22 (-1.27%)
(As of 04/16/2024 ET)
Today's Range
$16.98
$17.19
50-Day Range
$17.28
$20.60
52-Week Range
$14.71
$20.74
Volume
12.88 million shs
Average Volume
9.07 million shs
Market Capitalization
$70.57 billion
P/E Ratio
24.01
Dividend Yield
2.11%
Price Target
$20.76

Infosys MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.64 Rating Score
Upside/​Downside
21.8% Upside
$20.76 Price Target
Short Interest
Bearish
1.16% of Float Sold Short
Dividend Strength
Moderate
Based on Four Factors
Sustainability
N/A
News Sentiment
0.47mentions of Infosys in the last 14 days
Based on 21 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
8.57%
From $0.70 to $0.76 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.

3.64 out of 5 stars

Computer And Technology Sector

214th out of 589 stocks

Custom Computer Programming Services Industry

9th out of 21 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 application management and application development services, independent validation solutions, product engineering and management, infrastructure management services, traditional enterprise application implementation, support, and integration services. 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 enterprises in the financial services and insurance, manufacturing, retail, consumer packaged goods, logistics, energy, utilities, resources, services, communications, telecom OEM, media, hi-tech, and life sciences and healthcare industries. The company has a collaboration with Microsoft to accelerate and democratize industry-wide adoption of generative AI; and strategic collaboration with Amazon Web Services Inc to deliver technology transformation and industry specific solutions to financial organizations. 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

Trump’s “Tax Free” Retirement Strategy
Since 1924 — over one hundred years — the US dollar has lost nearly 18x its value. In other words, a dollar back then would buy $17.82 worth of goods in today's money. If you're planning on retiring any time soon…This poses a real problem.
Trump’s “Tax Free” Retirement Strategy
Since 1924 — over one hundred years — the US dollar has lost nearly 18x its value. In other words, a dollar back then would buy $17.82 worth of goods in today's money. If you're planning on retiring any time soon…This poses a real problem.
Infosys (INFY) Scheduled to Post Earnings on Thursday
Infosys (NYSE:INFY) Upgraded by Bank of America to "Buy"
Infosys stock gains on analyst upgrade
See More Headlines
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Company Calendar

Last Earnings
10/12/2023
Today
4/16/2024
Next Earnings (Confirmed)
4/18/2024
Fiscal Year End
3/31/2025

Industry, Sector and Symbol

Industry
Custom computer programming services
Sub-Industry
N/A
Employees
343,234
Year Founded
1981

Price Target and Rating

Average Stock Price Target
$20.76
High Stock Price Target
$24.00
Low Stock Price Target
$16.80
Potential Upside/Downside
+21.6%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.64
Research Coverage
10 Analysts

Profitability

Net Income
$2.98 billion
Pretax Margin
22.32%

Debt

Sales & Book Value

Annual Sales
$18.21 billion
Cash Flow
$0.82 per share
Book Value
$2.23 per share

Miscellaneous

Outstanding Shares
4,139,200,000
Free Float
3,211,190,000
Market Cap
$70.66 billion
Optionable
Optionable
Beta
0.93

Social Links

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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. Nilanjan Roy ACA (Age 58)
    B.Com, Chief Financial Officer
    Comp: $614.09k
  • 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

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 earnings per share (EPS) of $0.18 for the quarter, beating analysts' consensus estimates by $0.01. This indicates strong financial performance.
  • Infosys has a return on equity of 31.25%, showcasing efficient utilization of shareholder funds to generate profits.
  • Recent price performance shows Infosys trading at $17.72, with a 50-day simple moving average of $19.77. This suggests potential for price appreciation.
  • Infosys has a market capitalization of $73.35 billion, indicating the company's size and stability in the market.
  • With a beta of 0.95, Infosys exhibits lower volatility compared to the market, potentially reducing investment risk.

Cons

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

  • Wellington Management Group LLP reduced its stake in Infosys by 50.9% during the 3rd quarter, signaling decreased confidence from institutional investors.
  • Infosys has a price-to-earnings ratio of 24.96, which may indicate the stock is currently overvalued compared to its earnings.
  • The price-to-earnings-growth ratio of 2.58 suggests that the stock may be relatively expensive for its growth prospects.
  • Infosys has a 1 year high of $20.74, which could imply limited room for significant short-term price appreciation.
  • Analysts expect Infosys to post $0.71 EPS for the current fiscal year, which may fall short of market expectations and impact stock performance.
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 Wednesday, April 10, 2024. Please send any questions or comments about these Infosys pros and cons to contact@marketbeat.com.

INFY Stock Analysis - Frequently Asked Questions

Should I buy or sell Infosys stock right now?

10 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Infosys in the last year. There are currently 3 hold ratings and 7 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "moderate buy" INFY shares.
View INFY analyst ratings
or view top-rated stocks.

What is Infosys' stock price target for 2024?

10 equities research analysts have issued 1-year price objectives for Infosys' shares. Their INFY share price targets range from $16.80 to $24.00. On average, they expect the company's share price to reach $20.76 in the next twelve months. This suggests a possible upside of 21.8% from the stock's current price.
View analysts price targets for INFY
or view top-rated stocks among Wall Street analysts.

How have INFY shares performed in 2024?

Infosys' stock was trading at $18.38 at the start of the year. Since then, INFY stock has decreased by 7.2% and is now trading at $17.05.
View the best growth stocks for 2024 here
.

Are investors shorting Infosys?

Infosys saw a increase in short interest in the month of March. As of March 31st, there was short interest totaling 48,280,000 shares, an increase of 14.1% from the March 15th total of 42,320,000 shares. Based on an average daily volume of 8,720,000 shares, the days-to-cover ratio is presently 5.5 days. Currently, 1.2% of the shares of the company are sold short.
View Infosys' Short Interest
.

When is Infosys' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, April 18th 2024.
View our INFY earnings forecast
.

How can I listen to Infosys' earnings call?

Infosys will be holding an earnings conference call on Thursday, April 18th at 8:30 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at 833-289-8317 with passcode "4637#".

How were Infosys' earnings last quarter?

Infosys Limited (NYSE:INFY) issued its earnings results on Thursday, October, 12th. 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 $4.72 billion for the quarter, compared to analysts' expectations of $4.55 billion. Infosys had a net margin of 15.91% and a trailing twelve-month return on equity of 31.25%. During the same period last year, the firm posted $0.18 EPS.

How often does Infosys pay dividends? What is the dividend yield for Infosys?

Infosys declared a semi-annual dividend on Wednesday, May 31st. Investors of record on Friday, June 2nd will be paid a dividend of $0.2134 per share on Monday, July 3rd. This represents a yield of 1.5%. The ex-dividend date of this dividend is Thursday, June 1st. This is a boost from the stock's previous semi-annual dividend of $0.17.
Read our dividend analysis for INFY
.

Is Infosys a good dividend stock?

Infosys (NYSE:INFY) pays an annual dividend of $0.36 per share and currently has a dividend yield of 2.06%. The company does not yet have a strong track record of dividend growth. The dividend payout ratio is 50.70%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, INFY will have a dividend payout ratio of 47.37% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for INFY.

When did Infosys' stock split?

Infosys's stock split on Monday, December 8th 2014. The 2-1 split was announced on Monday, November 24th 2014. The newly minted shares were issued to shareholders after the closing bell 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.

What other stocks do shareholders of Infosys own?

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

Who are Infosys' major shareholders?

Infosys' stock is owned by a number of retail and institutional investors. Top institutional investors include CWM LLC (0.01%), Perpetual Ltd (0.01%), Birch Capital Management LLC (0.01%), Carolina Wealth Advisors LLC (0.01%), Artemis Investment Management LLP (0.00%) and Ballentine Partners LLC (0.00%).

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.

Does Infosys have any subsidiaries?
The following companies are subsidiares of Infosys: Blue Acorn iCi, Brilliant Basics (MENA) DMCC, Brilliant Basics Holdings Limited, Brilliant Basics Holdings Limited (Brilliant Basics), Brilliant Basics Ltd, EdgeVerve, EdgeVerve Systems Limited (EdgeVerve), Eishtec, Fluido Denmark A/S, Fluido Newco AB, Fluido Norway A/S, Fluido Oy, Fluido Slovakia s.r.o, Fluido Sweden AB (Extero), GuideVision, Hitachi Procurement Service, Infosys (Czech Republic) Limited s.r.o, Infosys (Czech Republic) Limited s.r.o., Infosys Americas Inc., Infosys Arabia Limited, Infosys Austria GmbH, Infosys BPM Limited, Infosys BPO Americas LLC, Infosys BPO Americas LLC., Infosys CIS LLC, Infosys Canada Public Services Inc, Infosys Canada Public Services Ltd, Infosys Chile SpA, Infosys Compaz Pte. Ltd, Infosys Consulting (Belgium) NV, Infosys Consulting (Shanghai) Co., Infosys Consulting AG, Infosys Consulting GmbH, Infosys Consulting Holding AG, Infosys Consulting Holding AG (Infosys Lodestone), Infosys Consulting Ltda., Infosys Consulting Pte Limited (Infosys Singapore), Infosys Consulting Pte Ltd., Infosys Consulting S.R.L., Infosys Consulting SAS, Infosys Consulting Sp. Z o.o., Infosys Consulting Sp. z.o.o, Infosys Consulting s.r.o., Infosys Luxembourg S.a.r.l, Infosys Management Consulting Pty Limited, Infosys Management Consulting Pty. Limited, Infosys McCamish Systems LLC, Infosys Middle East FZ LLC, Infosys Nova Holdings LLC. (Infosys Nova), Infosys Poland, Infosys Poland Sp. z o.o., Infosys Public Services, Infosys Public Services Inc., Infosys South Africa (Pty) Ltd, Infosys Technologies (Australia) Pty. Limited, Infosys Technologies (Australia) Pty. Limited (Infosys Australia), Infosys Technologies (China) Co. Limited, Infosys Technologies (China) Co. Limited (Infosys China), Infosys Technologies (Shanghai) Company Limited, Infosys Technologies (Shanghai) Company Limited (Infosys Shanghai), Infosys Technologies (Sweden) AB, Infosys Technologies (Sweden) AB. (Infosys Sweden), Infosys Technologies S. de R. L. de C. V., Infosys Technologies S. de R. L. de C. V. (Infosys Mexico), Infosys Tecnologia DO Brasil LTDA. (Infosys Brasil), Infosys Tecnologia do Brasil Ltda., Infy Consulting B.V., Infy Consulting Company Limited, Infy Consulting Company Ltd, Kaleidoscope Innovation, Kallidus Inc., Kallidus Inc. (Kallidus), Kallidus Technologies, Lodestone Holding, Lodestone Management Consultants Co. Ltd., Lodestone Management Consultants GmbH (Austria), Lodestone Management Consultants Inc., Lodestone Management Consultants Portugal, Lodestone Management Consultants Portugal Unipessoal, Noah Consulting LLC (Noah), Panaya, Panaya GmbH, Panaya Inc., Panaya Inc. (Panaya), Panaya Japan Co. Ltd, Panaya Japan Co. Ltd., Panaya Ltd., Portland Group Pty Ltd, Portland Group Pty. Limited, S.C. Infosys Consulting S.R.L., Simplus, Skava Systems Pvt. Ltd. (Skava Systems), Skytree, Stater, WDW Communications, WONGDOODY, and WongDoody Holding Company Inc. (WongDoody).
Read More
This page (NYSE:INFY) was last updated on 4/16/2024 by MarketBeat.com Staff

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