Amdocs Ltd (NASDAQ: DOX) has reported E.P.S. of $1.22 for its third fiscal quarter (ending June 30) versus $1.33 for the same period a year ago — a decline of -8%. Relative to the consensus estimate of $1.60, this was a shortfall of $-0.38. For the latest four quarters through June 30, E.P.S. were $4.36 compared to $4.71 a year ago — a decline of -7%.
Recent Price Action
Amdocs Ltd (NASDAQ: DOX) stock closed at $81.67 on 8/7/24 after a slight decline of -0.8%. Moreover, this decline was accompanied by above average trading volume at 148% of normal. Relative to the market the stock has been weak over the last nine months and has declined -7.0% during the last week.
Current PriceTarget Research Rating
DOX’s future returns on capital are forecasted to exceed the cost of capital. Accordingly, the company is expected to continue to be a major Value Builder.
Amdocs has a current Value Trend Rating of D (Negative). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing highly consistent signals. Amdocs has a slightly negative Appreciation Score of 36 and a slightly negative Power Rating of 35, and the Negative Value Trend Rating results.
Rating Review
In light of this new information we are reviewing our current Overall Rating of D. This review will be completed in the next several days.
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