Infosys (NYSE:INFY) Releases Earnings Results, Hits Expectations

Infosys (NYSE:INFY) issued its earnings results on Thursday. The technology company reported $0.19 EPS for the quarter, meeting analysts’ consensus estimates of $0.19, RTT News reports. Infosys had a net margin of 17.15% and a return on equity of 31.43%. During the same period in the previous year, the business earned $0.18 earnings per share. Infosys updated its FY 2025 guidance to EPS.

Infosys Trading Down 5.6 %

NYSE:INFY opened at $21.61 on Friday. Infosys has a 12-month low of $16.04 and a 12-month high of $23.63. The firm has a market cap of $89.49 billion, a PE ratio of 27.70, a price-to-earnings-growth ratio of 3.71 and a beta of 1.00. The stock has a fifty day moving average price of $22.54 and a 200 day moving average price of $22.15.

Infosys Increases Dividend

The business also recently disclosed a semi-annual dividend, which was paid on Tuesday, October 29th. Stockholders of record on Friday, January 1st were given a dividend of $0.2126 per share. The ex-dividend date of this dividend was Tuesday, October 29th. This represents a dividend yield of 1.1%. This is a positive change from Infosys’s previous semi-annual dividend of $0.20. Infosys’s dividend payout ratio is currently 53.85%.

Analysts Set New Price Targets

A number of analysts have commented on the stock. Hsbc Global Res upgraded shares of Infosys from a “hold” rating to a “strong-buy” rating in a report on Monday, December 9th. StockNews.com cut Infosys from a “buy” rating to a “hold” rating in a report on Friday, January 3rd. Investec lowered Infosys from a “hold” rating to a “sell” rating in a research note on Thursday, October 3rd. HSBC raised Infosys from a “hold” rating to a “buy” rating in a research note on Monday, December 9th. Finally, BMO Capital Markets boosted their price target on shares of Infosys from $23.00 to $25.00 and gave the company a “market perform” rating in a research report on Friday, October 18th. Two research analysts have rated the stock with a sell rating, four have issued a hold rating, five have assigned a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat.com, the stock currently has an average rating of “Hold” and an average target price of $20.85.

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.