Infosys (NYSE:INFY) Issues Earnings Results

Infosys (NYSE:INFY) announced its quarterly earnings results on Thursday. The technology company reported $0.23 earnings per share for the quarter, beating analysts’ consensus estimates of $0.17 by $0.06, RTT News reports. Infosys had a net margin of 15.91% and a return on equity of 31.25%. During the same period in the prior year, the business posted $0.18 EPS. Infosys updated its FY 2025 guidance to EPS.

Infosys Price Performance

Shares of NYSE INFY opened at $16.85 on Friday. The stock’s fifty day moving average price is $18.87 and its two-hundred day moving average price is $18.34. Infosys has a one year low of $14.71 and a one year high of $20.74. The firm has a market cap of $69.75 billion, a price-to-earnings ratio of 23.26, a P/E/G ratio of 2.24 and a beta of 0.93.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently added to or reduced their stakes in INFY. FWL Investment Management LLC acquired a new position in Infosys in the 4th quarter valued at $27,000. Natixis bought a new stake in shares of Infosys during the 4th quarter valued at $110,000. Penserra Capital Management LLC lifted its position in shares of Infosys by 199.0% during the 4th quarter. Penserra Capital Management LLC now owns 6,354 shares of the technology company’s stock valued at $114,000 after acquiring an additional 4,229 shares during the period. Captrust Financial Advisors lifted its position in shares of Infosys by 24.4% during the 2nd quarter. Captrust Financial Advisors now owns 6,549 shares of the technology company’s stock valued at $121,000 after acquiring an additional 1,286 shares during the period. Finally, Tower Research Capital LLC TRC lifted its position in shares of Infosys by 121.6% during the 4th quarter. Tower Research Capital LLC TRC now owns 6,614 shares of the technology company’s stock valued at $122,000 after acquiring an additional 3,630 shares during the period. 10.89% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

A number of brokerages recently weighed in on INFY. Bank of America upgraded shares of Infosys from a “neutral” rating to a “buy” rating in a research report on Tuesday, April 9th. HSBC reaffirmed a “hold” rating and set a $20.10 price target on shares of Infosys in a research note on Friday. UBS Group raised shares of Infosys from a “neutral” rating to a “buy” rating in a research note on Wednesday, January 3rd. Susquehanna decreased their price target on shares of Infosys from $15.00 to $14.00 and set a “negative” rating for the company in a research note on Friday. Finally, Guggenheim initiated coverage on shares of Infosys in a research note on Tuesday, March 19th. They set a “neutral” rating and a $20.00 price target for the company. One research analyst has rated the stock with a sell rating, five have issued a hold rating and six have issued a buy rating to the company. Based on data from MarketBeat.com, Infosys has an average rating of “Hold” and a consensus price target of $19.70.

About Infosys

Infosys Limited, together with its subsidiaries, provides consulting, technology, outsourcing, and next-generation digital services in North America, Europe, India, and internationally. It provides application management and application development services, independent validation solutions, product engineering and management, infrastructure management services, traditional enterprise application implementation, support, and integration services.