Infosys Ltd ADR [INFY] fell -4.35% so far this year. What now?

Infosys Ltd ADR [NYSE: INFY] loss -1.95% on the last trading session, reaching $17.58 price per share at the time. The company report on March 27, 2024 at 6:07 AM that Infosys and Handelsblatt Media Group Announce Strategic Collaboration.

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Infosys (NSE: INFY) (BSE: INFY) (NYSE: INFY), a global leader in next-generation digital services and consulting, today announced a strategic collaboration with the Handelsblatt Media Group, a leading media company for business and financial information in Germany. As an AI and Digital Innovation Partner for the Handelsblatt Media Group, Infosys will bring the best of digital technology to power innovative storytelling to inform and delight Handelsblatt’s core audience.

If compared to the average trading volume of 8.40M shares, INFY reached a trading volume of 13997460 in the most recent trading day, which is why market watchdogs consider the stock to be active.

Here is what top equities market gurus are saying about Infosys Ltd ADR [INFY]:

Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for INFY shares is $20.12 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on INFY stock is a recommendation set at 2.19. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.

HSBC Securities have made an estimate for Infosys Ltd ADR shares, keeping their opinion on the stock as Buy, with their previous recommendation back on Apr-02-24. While these analysts kept the previous recommendation, Guggenheim raised their target price to Neutral. The new note on the price target was released on March 19, 2024, representing the official price target for Infosys Ltd ADR stock.

The Average True Range (ATR) for Infosys Ltd ADR is set at 0.32, with the Price to Sales ratio for INFY stock in the period of the last 12 months amounting to 3.93. The Price to Book ratio for the last quarter was 7.56, with the Price to Cash per share for the same quarter was set at 0.63. Price to Free Cash Flow for INFY in the course of the last twelve months was 25.52 with Quick ratio for the last quarter at 1.97.

Trading performance analysis for INFY stock

Infosys Ltd ADR [INFY] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -0.79. With this latest performance, INFY shares dropped by -11.92% in over the last four-week period, additionally plugging by 3.66% over the last 6 months – not to mention a rise of 3.66% in the past year of trading.

Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for INFY stock in for the last two-week period is set at 27.45, with the RSI for the last a single of trading hit 23.85, and the three-weeks RSI is set at 32.03 for Infosys Ltd ADR [INFY]. The present Moving Average for the last 50 days of trading for this stock 19.57, while it was recorded at 17.74 for the last single week of trading, and 17.81 for the last 200 days.

Infosys Ltd ADR [INFY]: A deeper dive into fundamental analysis

Infosys Ltd ADR’s liquidity data is similarly interesting compelling, with a Quick Ratio of 1.97 and a Current Ratio set at 1.97.

Infosys Ltd ADR [INFY]: An earnings per share (EPS) analysis

With the latest financial reports released by the company, Infosys Ltd ADR posted 0.18/share EPS, while the average EPS was predicted by analysts to be reported at 0.19/share. When compared, the two values demonstrate that the company fail the estimates by a Surprise Factor of -5.30%. The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for INFY. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for Infosys Ltd ADR go to 14.80%.

An analysis of Institutional ownership at Infosys Ltd ADR [INFY]

The top three institutional holders of INFY stocks are: VANGUARD GROUP INC with ownership of 1.32 billion shares, which is approximately 8.4983%. BLACKROCK INC., holding 1.04 billion shares of the stock with an approximate value of $200.69 billion in INFY stocks shares; and BERKSHIRE HATHAWAY INC, currently with $174.35 billion in INFY stock with ownership which is approximately 5.8386%.