Infosys Ltd ADR [INFY] moved down -0.04: Why It’s Important

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Infosys Ltd ADR [NYSE: INFY] price plunged by -0.04 percent to reach at -$0.01.

The one-year INFY stock forecast points to a potential upside of 6.18. The average equity rating for INFY stock is currently 2.06, trading closer to a bullish pattern in the stock market.

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Guru’s Opinion on 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 $24.27 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 2.06. 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 December 09, 2024. The new note on the price target was released on October 03, 2024, representing the official price target for Infosys Ltd ADR stock.

The Average True Range (ATR) for Infosys Ltd ADR is set at 0.46, with the Price to Sales ratio for INFY stock in the period of the last 12 months amounting to 5.02. The Price to Book ratio for the last quarter was 8.74, with the Price to Cash per share for the same quarter was set at 0.84. Price to Free Cash Flow for INFY in the course of the last twelve months was 26.53 with Quick ratio for the last quarter at 2.18.

INFY Stock Performance Analysis:

Infosys Ltd ADR [INFY] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -1.56. With this latest performance, INFY shares dropped by -0.09% in over the last four-week period, additionally plugging by 24.97% over the last 6 months – not to mention a rise of 22.07% 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 50.64, with the RSI for the last a single of trading hit 47.79, and the three-weeks RSI is set at 51.71 for Infosys Ltd ADR [INFY]. The present Moving Average for the last 50 days of trading for this stock 22.29, while it was recorded at 22.87 for the last single week of trading, and 20.40 for the last 200 days.

Insight into Infosys Ltd ADR Fundamentals:

Infosys Ltd ADR’s liquidity data is similarly interesting compelling, with a Quick Ratio of 2.18 and a Current Ratio set at 2.18.

INFY Stock EPS

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 8.23%.

Infosys Ltd ADR [INFY] Institutonal Ownership Details

The top three institutional holders of INFY stocks are: JPMORGAN CHASE & CO with ownership of 66.65 million shares, which is approximately 1.6101%. FIRST TRUST ADVISORS LP, holding 35.4 million shares of the stock with an approximate value of $$659.11 million in INFY stocks shares; and FIRST TRUST ADVISORS LP, currently with $$493.73 million in INFY stock with ownership which is approximately 0.6406%.