Amdocs (NASDAQ:DOX) Issues Q1 Earnings Guidance

Amdocs (NASDAQ:DOX) issued an update on its first quarter earnings guidance on Tuesday morning. The company provided earnings per share guidance of $1.61-1.67 for the period, compared to the consensus earnings per share estimate of $1.70. The company issued revenue guidance of $1.095-1.135 billion, compared to the consensus revenue estimate of $1.28 billion. Amdocs also updated its FY 2025 guidance to 6.859-7.116 EPS.

Amdocs Trading Up 2.0 %

NASDAQ:DOX opened at $89.50 on Thursday. Amdocs has a 1 year low of $74.41 and a 1 year high of $94.04. The stock’s fifty day moving average price is $88.16 and its two-hundred day moving average price is $83.92. The company has a debt-to-equity ratio of 0.21, a current ratio of 1.24 and a quick ratio of 1.24. The company has a market cap of $10.52 billion, a P/E ratio of 20.70, a P/E/G ratio of 1.50 and a beta of 0.74.

Wall Street Analysts Forecast Growth

A number of research firms have weighed in on DOX. Oppenheimer lifted their target price on Amdocs from $98.00 to $105.00 and gave the company an “outperform” rating in a report on Wednesday. StockNews.com raised shares of Amdocs from a “buy” rating to a “strong-buy” rating in a research note on Friday, October 25th. Barclays lowered their target price on shares of Amdocs from $113.00 to $111.00 and set an “overweight” rating on the stock in a research note on Thursday. Finally, Stifel Nicolaus initiated coverage on shares of Amdocs in a report on Wednesday, October 2nd. They issued a “buy” rating and a $100.00 price target on the stock. One equities research analyst has rated the stock with a hold rating, five have given a buy rating and one has given a strong buy rating to the stock. Based on data from MarketBeat, Amdocs has an average rating of “Buy” and a consensus target price of $101.83.

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.