Amdocs (DOX) Set to Announce Quarterly Earnings on Tuesday

Amdocs (NASDAQ:DOX) will be issuing its quarterly earnings data after the market closes on Tuesday, November 12th. Analysts expect the company to announce earnings of $1.51 per share for the quarter. Investors that wish to register for the company’s conference call can do so using this link.

Amdocs (NASDAQ:DOX) last posted its quarterly earnings data on Wednesday, August 7th. The technology company reported $1.62 EPS for the quarter, beating the consensus estimate of $1.60 by $0.02. Amdocs had a return on equity of 17.89% and a net margin of 10.21%. The firm had revenue of $1.25 billion during the quarter, compared to the consensus estimate of $1.25 billion. During the same period in the prior year, the company earned $1.41 EPS. The firm’s revenue was up 1.1% compared to the same quarter last year. On average, analysts expect Amdocs to post $6 EPS for the current fiscal year and $6 EPS for the next fiscal year.

Amdocs Stock Up 0.5 %

NASDAQ DOX opened at $88.48 on Tuesday. The company has a debt-to-equity ratio of 0.21, a quick ratio of 1.24 and a current ratio of 1.24. The business has a fifty day moving average price of $87.48 and a 200 day moving average price of $83.68. The company has a market cap of $10.40 billion, a P/E ratio of 20.39, a P/E/G ratio of 1.42 and a beta of 0.74. Amdocs has a one year low of $74.41 and a one year high of $94.04.

Amdocs Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Friday, October 25th. Shareholders of record on Monday, September 30th were issued a $0.479 dividend. This represents a $1.92 annualized dividend and a yield of 2.17%. The ex-dividend date was Monday, September 30th. Amdocs’s payout ratio is currently 44.01%.

Wall Street Analysts Forecast Growth

DOX has been the subject of several analyst reports. Stifel Nicolaus initiated coverage on Amdocs in a report on Wednesday, October 2nd. They issued a “buy” rating and a $100.00 target price for the company. StockNews.com upgraded Amdocs from a “buy” rating to a “strong-buy” rating in a report on Friday, October 25th. One research analyst has rated the stock with a hold rating, four have issued a buy rating and one has given a strong buy rating to the company’s stock. According to MarketBeat.com, the stock presently has a consensus rating of “Buy” and an average price target of $102.00.

About Amdocs

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.