The stock of Amdocs Limited (NASDAQ:DOX) is a huge mover today! About 394,874 shares traded hands. Amdocs Limited (NASDAQ:DOX) has risen 2.80% since March 3, 2016 and is uptrending. It has underperformed by 5.54% the S&P500.
The move comes after 7 months positive chart setup for the $8.96 billion company. It was reported on Oct, 6 by Barchart.com. We have $83.67 PT which if reached, will make NASDAQ:DOX worth $3.67B more.
Analysts await Amdocs Limited (NASDAQ:DOX) to report earnings on November, 8. They expect $0.83 EPS, up 5.06% or $0.04 from last year’s $0.79 per share. DOX’s profit will be $125.33M for 17.87 P/E if the $0.83 EPS becomes a reality. After $0.85 actual EPS reported by Amdocs Limited for the previous quarter, Wall Street now forecasts -2.35% negative EPS growth.
Amdocs Limited (NASDAQ:DOX) Ratings Coverage
Out of 5 analysts covering Amdocs (NASDAQ:DOX), 4 rate it a “Buy”, 0 “Sell”, while 1 “Hold”. This means 80% are positive. Amdocs has been the topic of 6 analyst reports since July 30, 2015 according to StockzIntelligence Inc. The stock of Amdocs Limited (NASDAQ:DOX) earned “Buy” rating by Stifel Nicolaus on Wednesday, November 11. The stock has “Buy” rating given by Bank of America on Thursday, January 28. The firm has “Outperform” rating given on Thursday, September 10 by Oppenheimer. The rating was downgraded by Barclays Capital on Thursday, November 12 to “Equal Weight”. Citigroup maintained Amdocs Limited (NASDAQ:DOX) rating on Wednesday, July 27. Citigroup has “Buy” rating and $66 price target. The rating was maintained by Stifel Nicolaus with “Buy” on Thursday, July 30.
According to Zacks Investment Research, “Amdocs is a leading provider of customer care, billing and order management systems for communications and Internet services. Amdocs has an unparalleled success record in project delivery of its mission-critical products. With human resources of over 5,900 information systems professionals, Amdocs has an installed base of successful projects with more than 75 service providers throughout the world. In April 2000, Amdocs completed the acquisition of Solect Technology Group Inc., a leading provider of customer care and billing systems for IP providers.”
Another recent and important Amdocs Limited (NASDAQ:DOX) news was published by Globenewswire.com which published an article titled: “Amdocs Limited Files Fiscal 2015 Annual Report” on December 10, 2015.
DOX Company Profile
Amdocs Limited, incorporated on September 28, 1988, is a well-known provider of software and services for communications, entertainment and media industry service providers. The Firm develops, implements and manages software and services associated with business support systems (BSS), operational support systems (OSS) and network activities to enable service providers to introduce new services and products, process orders, monetize data, support new business models and enhance their understanding of their customers. The Company’s segment provides software services and products. These service providers include telecommunications companies, cable and satellite providers, and directory publishers and other providers of media services. The Firm also offers a range of advertising and media solutions for local marketing service providers and search and directory publishers.
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