Infosys (INFY) Surges 4.0% on High Volume

Shares of Infosys have moved 4.0% today, and are now trading at a price of $17.98. Today's trading volume is 12,180,730 compared to the stock's average volume of 10,323,550.

Infosys Limited, together with its subsidiaries, provides consulting, technology, outsourcing, and next-generation digital services in North America, Europe, India, and internationally. Based in Bengaluru, India the company has 300,000 full time employees and a market cap of $75,899,150,336. Infosys currently offers its equity investors a dividend that yields 2.4% per year.

The company is now trading 1.35% away from its average analyst target price of $17.74 per share. The 9 analysts following the stock have set target prices ranging from $13.0 to $22.0, and on average give Infosys a rating of hold.

The stock's 52 week high is $20.6 per share and its 52 week low is $14.71. With its net margins declining an average -2.7% over the last 4 years, Infosys declining profitability gives us reason to believe its stock price will continue to underwhelm.

Date Reported Total Revenue ($ k) Net Profit ($ k) Net Margins (%) YoY Growth (%)
2023-03-31 18,212,000 2,981,000 16.37 -9.91
2022-03-31 16,311,000 2,963,000 18.17 -5.71
2021-03-31 13,561,000 2,613,000 19.27 5.65
2020-03-31 12,780,000 2,331,000 18.24 n/a
The above analysis is intended for educational purposes only and was performed on the basis of publicly available data. It is not to be construed as a recommendation to buy or sell any security. Any buy, sell, or other recommendations mentioned in the article are direct quotations of consensus recommendations from the analysts covering the stock, and do not represent the opinions of Market Inference or its writers. Past performance, accounting data, and inferences about market position and corporate valuation are not reliable indicators of future price movements. Market Inference does not provide financial advice. Investors should conduct their own review and analysis of any company of interest before making an investment decision.

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