Headlines about Amdocs (NASDAQ:DOX) have trended somewhat positive recently, Accern Sentiment reports. Accern scores the sentiment of news coverage by analyzing more than 20 million blog and news sources. Accern ranks coverage of companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Amdocs earned a daily sentiment score of 0.23 on Accern’s scale. Accern also assigned news coverage about the technology company an impact score of 46.2284072973382 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the stock’s share price in the near term.
These are some of the news articles that may have effected Accern’s scoring:
- OpenMarket appoints new General Manager taking text to the next level (prnewswire.com)
- Amdocs Limited (DOX) Expected to Announce Quarterly Sales of $980.64 Million (americanbankingnews.com)
- Amdocs (DOX) Upgraded at BidaskClub (americanbankingnews.com)
- BidaskClub Lowers Amdocs (DOX) to Sell (americanbankingnews.com)
- Brokerages Expect Amdocs Limited (DOX) Will Post Earnings of $0.95 Per Share (americanbankingnews.com)
A number of analysts have recently weighed in on DOX shares. BidaskClub raised shares of Amdocs from a “strong sell” rating to a “sell” rating in a research report on Thursday, January 18th. Zacks Investment Research downgraded shares of Amdocs from a “buy” rating to a “hold” rating in a research report on Wednesday, April 4th. Jefferies Group raised shares of Amdocs from a “hold” rating to a “buy” rating and reduced their target price for the stock from $71.37 to $60.20 in a research report on Monday, March 19th. Oppenheimer reaffirmed a “buy” rating and issued a $77.00 target price on shares of Amdocs in a research report on Wednesday, January 31st. Finally, ValuEngine raised shares of Amdocs from a “hold” rating to a “buy” rating in a research report on Thursday, March 1st. One research analyst has rated the stock with a sell rating, three have issued a hold rating and five have given a buy rating to the company. Amdocs has a consensus rating of “Hold” and an average target price of $69.60.
Amdocs (NASDAQ:DOX) last announced its quarterly earnings results on Tuesday, January 30th. The technology company reported $1.06 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.89 by $0.17. The firm had revenue of $977.70 million for the quarter, compared to the consensus estimate of $979.13 million. Amdocs had a net margin of 11.72% and a return on equity of 15.13%. The business’s quarterly revenue was up 2.4% compared to the same quarter last year. During the same quarter last year, the firm posted $0.90 EPS. equities research analysts forecast that Amdocs will post 3.76 EPS for the current fiscal year.
The business also recently declared a quarterly dividend, which will be paid on Friday, April 20th. Stockholders of record on Friday, March 30th will be issued a dividend of $0.25 per share. This represents a $1.00 dividend on an annualized basis and a dividend yield of 1.50%. The ex-dividend date is Wednesday, March 28th. This is an increase from Amdocs’s previous quarterly dividend of $0.22. Amdocs’s dividend payout ratio (DPR) is presently 28.17%.
ILLEGAL ACTIVITY NOTICE: “Amdocs (DOX) Receives Coverage Optimism Rating of 0.23” was originally reported by Week Herald and is the property of of Week Herald. If you are reading this article on another website, it was copied illegally and republished in violation of U.S. and international copyright legislation. The original version of this article can be accessed at https://weekherald.com/2018/04/16/amdocs-dox-receives-coverage-optimism-rating-of-0-23.html.
Amdocs Company Profile
Amdocs Limited is a provider of software and services for communications, entertainment and media industry service providers. The Company develops, implements and manages software and services associated with business support systems (BSS), operational support systems (OSS) and network operations to enable service providers to introduce new products and services, process orders, monetize data, support new business models and enhance their understanding of their customers.
Receive News & Ratings for Amdocs Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Amdocs and related companies with MarketBeat.com's FREE daily email newsletter.