Informatica Inc (NYSE: INFA) Stock: Can It Change The Game?

In the last trading session, 10.15 million shares of the Informatica Inc (NYSE:INFA) were traded, and its beta was 1.04. Most recently the company’s share price was $31.49, and it changed around -$3.7 or -10.51% from the last close, which brings the market valuation of the company to $9.43B. INFA currently trades at a discount to its 52-week high of $39.80, offering almost -26.39% off that amount. The share price’s 52-week low was $13.29, which indicates that the current value has risen by an impressive 57.8% since then. We note from Informatica Inc’s average daily trading volume that its 3-month average coming to 1.87 million.

Informatica Inc (NYSE:INFA) trade information

Instantly INFA has showed a red trend with a performance of -10.51% at the end of last trading. The performance over the last five days has remained in the red territory. The company’s shares are currently up 10.92% year-to-date, but still down -12.48% over the last five days. On the other hand, Informatica Inc (NYSE:INFA) is -12.84% down in the 30-day period.

The consensus price target as assigned by Wall Street analysts is $31.67, which translates to bulls needing to increase their stock price by 0.57% from its current value. Analyst projections state that INFA is forecast to be at a low of $18 and a high of $44.

Informatica Inc (INFA) estimates and forecasts

Informatica Inc share prices are performing particularly well not compared to other companies within the same industry. As is evident from the statistics, the company’s shares have risen 52.42 percent over the past six months and at a 19.57% annual growth rate that is well below the industry average of 20.50%.

Looking at the company’s year-over-year earnings, the past five years showed a positive earnings growth rate of 6.36%. Informatica Inc earnings are expected to increase by 17.22% in 2024, but the outlook is positive 8.30% per year for the next five years.