Amdocs (NASDAQ:DOX) Issues Q1 Earnings Guidance

by · The Markets Daily

Amdocs (NASDAQ:DOX – Get Free Report) updated its first quarter earnings guidance on Tuesday. The company provided earnings per share (EPS) guidance of $1.61-1.67 for the period, compared to the consensus estimate of $1.70. The company issued revenue guidance of $1.095-1.135 billion, compared to the consensus revenue estimate of $1.28 billion. Amdocs also updated its FY 2025 guidance to 6.859-7.116 EPS.

Wall Street Analysts Forecast Growth

Several brokerages recently commented on DOX. StockNews.com upgraded Amdocs from a “buy” rating to a “strong-buy” rating in a report on Friday, October 25th. Oppenheimer increased their price objective on shares of Amdocs from $98.00 to $105.00 and gave the stock an “outperform” rating in a research report on Wednesday. Stifel Nicolaus assumed coverage on shares of Amdocs in a research report on Wednesday, October 2nd. They set a “buy” rating and a $100.00 price target on the stock. Finally, Barclays lowered their price objective on Amdocs from $113.00 to $111.00 and set an “overweight” rating for the company in a research report on Thursday. One analyst has rated the stock with a hold rating, five have assigned a buy rating and one has issued a strong buy rating to the stock. According to MarketBeat, Amdocs has a consensus rating of “Buy” and an average price target of $101.83.

Check Out Our Latest Analysis on Amdocs

Amdocs Price Performance

Shares of NASDAQ:DOX opened at $89.50 on Thursday. Amdocs has a 1-year low of $74.41 and a 1-year high of $94.04. The company has a current ratio of 1.24, a quick ratio of 1.24 and a debt-to-equity ratio of 0.21. The stock has a market cap of $10.52 billion, a PE ratio of 20.70, a price-to-earnings-growth ratio of 1.50 and a beta of 0.74. The stock’s fifty day simple moving average is $88.16 and its two-hundred day simple moving average is $83.92.

About Amdocs

(Get Free Report)

Amdocs Limited, through its subsidiaries, provides software and services worldwide. It designs, develops, operates, implements, supports, and markets open and modular cloud portfolio. The company provides CES23, a 5G and cloud-native microservices-based market-leading customer experience suite, that enables service providers to build, deliver, and monetize advanced services; Amdocs Subscription Marketplace, a software-as-a-service-based platform that includes an expansive network of pre-integrated digital services, such as media, gaming, eLearning, sports, and retail to security and business services; the monetization suite for charging, billing, policy, and revenue management; Intelligent networking suite with a set of modular, flexible, and open service lifecycle management capabilities for network automation journeys; amAIz, a telco GenAI framework; Amdocs Digital Brands Suite, a pre-integrated digital business suite; and Amdocs eSIM Cloud for service providers.

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