Infosys Limited (NYSE:INFY) Earning Somewhat Positive News Coverage, Report Finds

Media headlines about Infosys Limited (NYSE:INFY) have been trending somewhat positive recently, Accern reports. The research firm identifies positive and negative media coverage by reviewing more than twenty million news and blog sources in real-time. Accern ranks coverage of companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Infosys Limited earned a media sentiment score of 0.08 on Accern’s scale. Accern also assigned news coverage about the technology company an impact score of 44.5138098694366 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the company’s share price in the next several days.

Here are some of the news articles that may have effected Accern’s rankings:

A number of equities research analysts have commented on the company. Zacks Investment Research upgraded Infosys Limited from a “hold” rating to a “buy” rating and set a $17.00 target price on the stock in a research report on Tuesday, September 19th. UBS AG downgraded Infosys Limited from a “buy” rating to a “hold” rating in a research report on Friday, August 18th. Cowen and Company set a $15.00 target price on Infosys Limited and gave the company a “hold” rating in a research report on Friday, August 18th. Goldman Sachs Group, Inc. (The) upgraded Infosys Limited from a “sell” rating to a “neutral” rating and lifted their target price for the company from $12.40 to $12.88 in a research report on Sunday, September 17th. Finally, Stifel Nicolaus reiterated a “hold” rating and issued a $15.50 price objective on shares of Infosys Limited in a report on Friday, August 18th. Three research analysts have rated the stock with a sell rating, eleven have assigned a hold rating and two have given a buy rating to the stock. Infosys Limited presently has an average rating of “Hold” and a consensus target price of $15.34.

Infosys Limited (NYSE INFY) opened at $14.91 on Wednesday. Infosys Limited has a one year low of $13.42 and a one year high of $16.15. The company has a market capitalization of $33,828.05, a price-to-earnings ratio of 15.26, a P/E/G ratio of 1.61 and a beta of 0.68.

Infosys Limited (NYSE:INFY) last released its earnings results on Tuesday, October 24th. The technology company reported $0.25 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $0.24 by $0.01. Infosys Limited had a return on equity of 21.05% and a net margin of 21.04%. The firm had revenue of $2.73 billion during the quarter, compared to analysts’ expectations of $2.78 billion. During the same period in the previous year, the firm posted $0.24 EPS. research analysts anticipate that Infosys Limited will post 0.98 EPS for the current year.

The business also recently announced a dividend, which was paid on Wednesday, November 1st. Investors of record on Wednesday, November 1st were paid a dividend of $0.20 per share. The ex-dividend date was Tuesday, October 31st. Infosys Limited’s payout ratio is 40.21%.

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About Infosys Limited

Infosys Limited is engaged in consulting, technology, outsourcing and next-generation services. The Company, along with its subsidiaries, provides business information technology services comprising application development and maintenance, independent validation, infrastructure management, engineering services comprising product engineering and life cycle solutions and business process management; consulting and systems integration services comprising consulting, enterprise solutions, systems integration and advanced technologies; products, business platforms and solutions to accelerate intellectual property-led innovation, including Finacle, its banking solution, and offerings in the areas of Analytics, Cloud and Digital Transformation.

Insider Buying and Selling by Quarter for Infosys Limited (NYSE:INFY)

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