During the recent session, Infosys Ltd ADR (NYSE:INFY)’s traded shares were 1.61 million, with the beta value of the company hitting 0.99. At the last check today, the stock’s price was $20.98, reflecting an intraday loss of -0.69% or -$0.14. The 52-week high for the INFY share is $23.48, that puts it down -11.92 from that peak though still a striking 23.98% gain since the share price plummeted to a 52-week low of $15.95. The company’s market capitalization is $87.09B, and the average intraday trading volume over the past 10 days was 8.35 million shares, and the average trade volume was 8.04 million shares over the past three months.

Infosys Ltd ADR (INFY) received a consensus recommendation of Hold from analysts. That translates to a mean rating of 2.18. INFY has a Sell rating from 1 analyst(s) out of 8 analysts who have looked at this stock. 4 analyst(s) recommend to Hold the stock while 0 suggest Overweight, and 3 recommend a Buy rating for it. 0 analyst(s) has rated the stock Underweight. Company’s earnings per share (EPS) for the current quarter are expected to be 0.19.

Infosys Ltd ADR (NYSE:INFY) trade information

Infosys Ltd ADR (INFY) registered a -0.69% downside in the last session and has traded in the red over the past 5 sessions. The stock plummet -0.69% in intraday trading to $20.98, hitting a weekly high. The stock’s 5-day price performance is -4.88%, and it has moved by -6.03% in 30 days. Based on these gigs, the overall price performance for the year is 28.47%. The short interest in Infosys Ltd ADR (NYSE:INFY) is 67.43 million shares and it means that shorts have 7.97 day(s) to cover.

The consensus price target of analysts on Wall Street is $20.05, which implies a decrease of -4.64% to the stock’s current value. The extremes of the forecast give a target low and a target high price of $14 and $25 respectively. As a result, INFY is trading at a discount of -19.16% off the target high and 33.27% off the low.

Infosys Ltd ADR (INFY) estimates and forecasts

Statistics show that Infosys Ltd ADR has underperformed its competitors in share price, compared to the industry in which it operates. Infosys Ltd ADR (INFY) shares have gone up 25.04% during the last six months, with a year-to-date growth rate less than the industry average at -1.32% against 13.60. Yet analysts are ramping up their growth forecast for the fiscal year 2024. Revenue is predicted to grow 5.60% this quarter and then drop -17.40% in the quarter after that. In the rating firms’ projections, revenue will increase 4.50% compared to the previous financial year.

As companies strive to predict their financial trajectories, we turn our attention to the forthcoming financial quarter. Here are the insights gathered from industry analysts. Revenue for the current quarter is expected to be 4.9B as predicted by 8 analyst(s). Meanwhile, a consensus of 7 analyst(s) estimates revenue growth to 4.87B by the end of current fiscal year.

An analysis of the company’s performance over the past 5 years shows that the company’s earnings grew an estimated 8.61%. While earnings are projected to return -0.07% in 2024, the next five years will return 8.23% per annum.

INFY Dividends

Infosys Ltd ADR is due to release its next quarterly earnings on 2025-Jan-09. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance. Investors should also take the other fundamental and operational aspects into account before investing in the stock. The forward dividend ratio for Infosys Ltd ADR is 0.49, with the dividend yield indicating at 2.33 percent, continuing the trend of increasing dividends in recent years. The average dividend yield of the company for the last 5 years is 2.2%.

The next largest institutional holding, with 35.4 million shares, is of FIRST TRUST ADVISORS LP’s that is approximately 0.8551% of outstanding shares. At the market price on 2024-06-30, these shares were valued at $659.11 million.