News coverage about Infosys (NYSE:INFY) has been trending somewhat positive recently, according to Accern. Accern identifies positive and negative media coverage by analyzing more than twenty million blog and news sources. Accern ranks coverage of companies on a scale of negative one to one, with scores nearest to one being the most favorable. Infosys earned a media sentiment score of 0.08 on Accern’s scale. Accern also assigned press coverage about the technology company an impact score of 46.0475220848053 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the company’s share price in the immediate future.
These are some of the news headlines that may have effected Accern Sentiment Analysis’s scoring:
- Infosys to delist shares from Paris and London stock exchanges (www2.staffingindustry.com)
- This Morning’s Technical Outlook on Technical & System Software Stocks — Autodesk, Infosys, USA Technologies, and Vmware (bizjournals.com)
- Investors may need a consensus Analysts Rating: Infosys Limited (INFY) – Wall Street Morning (wallstreetmorning.com)
- Intraday reports for Infosys Ltd.(INFY, 500209) Stock & Share Prices – March 12, 2018 – Outlook India (outlookindia.com)
- Today’s Hot Stock Under Review – Infosys Limited (NYSE: INFY) – Alpha Beta Stock (alphabetastock.com)
INFY has been the subject of a number of research reports. Cantor Fitzgerald reaffirmed a “hold” rating and issued a $14.00 price objective on shares of Infosys in a report on Sunday, January 7th. Zacks Investment Research raised shares of Infosys from a “hold” rating to a “buy” rating and set a $18.00 price objective for the company in a report on Tuesday, December 26th. UBS Group raised shares of Infosys from a “neutral” rating to a “buy” rating in a report on Monday, January 22nd. Goldman Sachs Group raised shares of Infosys from a “neutral” rating to a “buy” rating in a report on Monday, February 5th. Finally, Morgan Stanley raised shares of Infosys from an “equal weight” rating to an “overweight” rating in a report on Tuesday, January 16th. Three analysts have rated the stock with a sell rating, nine have issued a hold rating and six have assigned a buy rating to the stock. The stock presently has a consensus rating of “Hold” and an average target price of $15.77.
Shares of Infosys (INFY) opened at $18.39 on Wednesday. The stock has a market capitalization of $40,007.56, a PE ratio of 17.03, a price-to-earnings-growth ratio of 2.03 and a beta of 0.57. Infosys has a twelve month low of $13.88 and a twelve month high of $18.71.
Infosys (NYSE:INFY) last posted its quarterly earnings data on Friday, January 12th. The technology company reported $0.25 earnings per share (EPS) for the quarter, hitting the Thomson Reuters’ consensus estimate of $0.25. Infosys had a return on equity of 21.31% and a net margin of 22.97%. The firm had revenue of $2.76 billion for the quarter, compared to the consensus estimate of $2.74 billion. During the same quarter in the previous year, the company earned $0.24 EPS. equities research analysts forecast that Infosys will post 1 earnings per share for the current year.
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Infosys Limited is engaged in consulting, technology, outsourcing and next-generation services. The Company, along with its subsidiaries, provides business information technology services comprising application development and maintenance, independent validation, infrastructure management, engineering services comprising product engineering and life cycle solutions and business process management; consulting and systems integration services comprising consulting, enterprise solutions, systems integration and advanced technologies; products, business platforms and solutions to accelerate intellectual property-led innovation, including Finacle, its banking solution, and offerings in the areas of Analytics, Cloud and Digital Transformation.
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