Infosys Limited (NYSE:INFY – Free Report) – William Blair issued their FY2027 earnings estimates for shares of Infosys in a research report issued to clients and investors on Thursday, January 16th. William Blair analyst M. Nolan forecasts that the technology company will post earnings per share of $0.89 for the year. The consensus estimate for Infosys’ current full-year earnings is $0.74 per share.
Infosys (NYSE:INFY – Get Free Report) last released its quarterly earnings results on Thursday, January 16th. The technology company reported $0.19 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.19. Infosys had a return on equity of 31.43% and a net margin of 17.15%. During the same quarter last year, the firm earned $0.18 earnings per share.
Infosys Trading Down 1.9 %
Infosys stock opened at $21.16 on Monday. Infosys has a 12-month low of $16.04 and a 12-month high of $23.63. The firm has a market capitalization of $87.65 billion, a price-to-earnings ratio of 27.13, a P/E/G ratio of 3.71 and a beta of 1.00. The firm has a 50 day moving average of $22.53 and a 200 day moving average of $22.19.
Institutional Investors Weigh In On Infosys
Hedge funds have recently bought and sold shares of the business. International Assets Investment Management LLC bought a new stake in shares of Infosys in the 3rd quarter worth about $16,560,000. Nomura Asset Management Co. Ltd. increased its stake in Infosys by 22.5% during the third quarter. Nomura Asset Management Co. Ltd. now owns 670,907 shares of the technology company’s stock worth $14,941,000 after acquiring an additional 123,083 shares during the last quarter. Barclays PLC raised its position in Infosys by 11.8% during the third quarter. Barclays PLC now owns 2,523,605 shares of the technology company’s stock valued at $56,200,000 after purchasing an additional 266,902 shares during the period. DGS Capital Management LLC raised its holdings in Infosys by 15.9% during the 3rd quarter. DGS Capital Management LLC now owns 63,209 shares of the technology company’s stock valued at $1,408,000 after buying an additional 8,692 shares during the period. Finally, BNP Paribas Financial Markets lifted its holdings in shares of Infosys by 5.1% in the 3rd quarter. BNP Paribas Financial Markets now owns 6,072,537 shares of the technology company’s stock worth $135,235,000 after acquiring an additional 297,183 shares during the last quarter. Hedge funds and other institutional investors own 16.20% of the company’s stock.
About Infosys
Infosys Ltd. is a digital services and consulting company, which engages in the provision of end-to-end business solutions. It operates through the following segments: Financial Services, Retail, Communication, Energy, Utilities, Resources, and Services, Manufacturing, Hi-Tech, Life Sciences, and All Other.
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