Amdocs (NASDAQ:DOX) is scheduled to be announcing its earnings results after the market closes on Wednesday, August 7th. Analysts expect the company to announce earnings of $1.05 per share for the quarter.
Amdocs (NASDAQ:DOX) last posted its earnings results on Tuesday, May 14th. The technology company reported $1.06 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.03 by $0.03. The company had revenue of $1.02 billion during the quarter, compared to analysts’ expectations of $1.02 billion. Amdocs had a return on equity of 15.18% and a net margin of 8.96%. The firm’s quarterly revenue was up 2.8% compared to the same quarter last year. During the same quarter last year, the firm earned $0.95 earnings per share. On average, analysts expect Amdocs to post $4 EPS for the current fiscal year and $4 EPS for the next fiscal year.
DOX stock opened at $61.00 on Tuesday. The stock’s fifty day simple moving average is $62.93. The firm has a market capitalization of $8.72 billion, a PE ratio of 16.31, a price-to-earnings-growth ratio of 1.83 and a beta of 0.41. Amdocs has a 52-week low of $52.60 and a 52-week high of $67.57.
Several equities research analysts have issued reports on DOX shares. BidaskClub raised Amdocs from a “sell” rating to a “hold” rating in a research note on Tuesday, June 11th. ValuEngine raised Amdocs from a “sell” rating to a “hold” rating in a research note on Wednesday, May 15th. TheStreet raised Amdocs from a “c+” rating to a “b-” rating in a research note on Tuesday, June 4th. JPMorgan Chase & Co. dropped their price objective on Amdocs from $70.00 to $67.00 and set a “neutral” rating for the company in a research note on Wednesday, May 15th. Finally, Zacks Investment Research cut Amdocs from a “buy” rating to a “hold” rating and set a $67.00 price objective for the company. in a research note on Tuesday, July 16th. Four analysts have rated the stock with a hold rating, The stock currently has a consensus rating of “Hold” and a consensus price target of $67.00.
Amdocs Limited, through its subsidiaries, provides software and services to the communications, pay TV, entertainment, and media industry service providers worldwide. The company offers amdocsONE a line of services designed for various stages of a service provider's lifecycle, including planning, delivery, implementation, and ongoing support, as well as consumer experience and monetization, media and digital, enterprise and connected society, service-driven network, and services and agile operation solutions.
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