In the latest trading session, 2.24 million Infosys Ltd ADR (NYSE:INFY) shares changed hands as the company’s beta touched 0.99. With the company’s most recent per share price at $22.18 changed hands at -$0.33 or -1.44% at last look, the market valuation stands at $92.12B. INFY’s current price is a discount, trading about -5.86% off its 52-week high of $23.48. The share price had its 52-week low at $15.95, which suggests the last value was 28.09% up since then. When we look at Infosys Ltd ADR’s average trading volume, we note the 10-day average is 9.17 million shares, with the 3-month average coming to 8.50 million.

Analysts gave the Infosys Ltd ADR (INFY) stock a consensus recommendation rating of Hold, calculated at a mean rating of 2.16. If we narrow down to specifics, the data shows that 1 out of 8 analysts rate the stock as a Sell, with a further 0 assigning it an Overweight rating. Of the remaining, 4 recommended INFY as a Hold, 3 felt it is a Buy and 0 rated the stock as Underweight. Infosys Ltd ADR’s EPS for the current quarter is expected to be 0.19.

Infosys Ltd ADR (NYSE:INFY) trade information

Instantly INFY was in red as seen in intraday trades today. With action -5.03%, the performance over the past five days has been red. The company’s shares are showing year-to-date upside of 21.39%, with the 5-day performance at -5.03% in the red. However, in the 30-day time frame, Infosys Ltd ADR (NYSE:INFY) is -2.91% down. Looking at the short shares, we see there were 77.26 million shares sold at short interest cover period of 9.85 days.

The consensus price target for the stock as assigned by Wall Street analysts is 20.05, meaning bulls need a downside of -10.62% from its recent market value. According to analyst projections, INFY’s forecast low is 14 with 25 as the target high. To hit the forecast high, the stock’s price needs a -12.71% plunge from its current level, while the stock would need to tank 36.88% for it to hit the projected low.

Infosys Ltd ADR (INFY) estimates and forecasts

Data shows that the Infosys Ltd ADR share is performing relatively much not better than most of its peers within the same industry. As can be gleaned from the statistics, the company’s share value shot 28.97% over the past 6 months, a 0.00% in annual growth rate that is considerably lower than the industry average of 14.60%. Year-over-year growth is forecast to reach 4.30% up from the last financial year.

Consensus estimates given by 8 financial analysts project the company’s revenue in the current quarter to hit an average of 4.89B. 7 analysts are of the opinion that Infosys Ltd ADR’s revenue for the current quarter will be 4.86B. The estimates for the next quarter sales put growth at 6.50%.

Looking at the company’s year-on-year earnings, data shows that the past 5-year has an earnings growth rate of 8.61%. The 2024 estimates are for Infosys Ltd ADR earnings to increase by 0.01%, but the outlook for the next 5-year period is at 8.23% per year.

INFY Dividends

Infosys Ltd ADR is expected to release its next quarterly earnings report on 2025-Jan-09. The 2.48% annual yield figure for the share gives it an annual dividend of 0.55. It is important to note, however, that the 2.48% dividend yield ratio should serve as a guide only, as you should also take into consideration many other aspects of a company’s operations and fundamentals before making any investment decision. During the past 5 years, the average dividend yield was 2.2 per year.

Infosys Ltd ADR (NYSE:INFY)’s Major holders

FIRST TRUST ADVISORS LP holds the second largest percentage of outstanding shares, with 0.8551% or 35.4 million shares worth $659.11 million as of 2024-06-30.

Among Mutual Funds, the top two as of Sep 30, 2024 were iShares Core MSCI Emerging Markets ETF and iShares MSCI India ETF. With 29.33 shares estimated at $648.54 million under it, the former controlled 0.71% of total outstanding shares. On the other hand, iShares MSCI India ETF held about 0.58% of the shares, roughly 23.96 shares worth around $529.96 million.