Amdocs’ (DOX) Peer Perform Rating Reiterated at Wolfe Research

Amdocs (NASDAQ:DOX)‘s stock had its “peer perform” rating restated by stock analysts at Wolfe Research in a report released on Thursday,Benzinga reports.

DOX has been the topic of a number of other research reports. Stifel Nicolaus cut their target price on Amdocs from $100.00 to $97.00 and set a “buy” rating on the stock in a research note on Wednesday. Wall Street Zen lowered Amdocs from a “buy” rating to a “hold” rating in a report on Saturday, November 8th. Bank of America reduced their price objective on Amdocs from $100.00 to $97.00 and set a “buy” rating for the company in a research note on Wednesday. Finally, Weiss Ratings reissued a “hold (c)” rating on shares of Amdocs in a report on Thursday, October 30th. Three equities research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average price target of $101.67.

Amdocs Stock Performance

NASDAQ DOX opened at $77.36 on Thursday. The company has a fifty day moving average price of $83.34 and a 200-day moving average price of $87.41. The firm has a market cap of $8.73 billion, a price-to-earnings ratio of 15.69, a PEG ratio of 1.40 and a beta of 0.51. The company has a debt-to-equity ratio of 0.23, a current ratio of 1.22 and a quick ratio of 1.22. Amdocs has a 1 year low of $76.50 and a 1 year high of $95.41.

Amdocs (NASDAQ:DOX) last released its quarterly earnings results on Tuesday, November 11th. The technology company reported $1.83 earnings per share for the quarter, beating analysts’ consensus estimates of $1.82 by $0.01. Amdocs had a net margin of 11.94% and a return on equity of 19.66%. The company had revenue of $1.15 billion for the quarter, compared to analyst estimates of $1.15 billion. During the same period last year, the firm earned $1.70 earnings per share. The firm’s revenue was down 9.0% on a year-over-year basis. Amdocs has set its FY 2026 guidance at 7.270-7.550 EPS. Q1 2026 guidance at 1.730-1.790 EPS. As a group, equities research analysts predict that Amdocs will post 6.21 EPS for the current fiscal year.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently bought and sold shares of DOX. Harbor Capital Advisors Inc. bought a new stake in Amdocs during the 3rd quarter valued at $26,000. Root Financial Partners LLC bought a new position in shares of Amdocs in the third quarter worth $26,000. Quarry LP grew its position in shares of Amdocs by 42.2% in the first quarter. Quarry LP now owns 391 shares of the technology company’s stock valued at $36,000 after purchasing an additional 116 shares in the last quarter. Atlantic Union Bankshares Corp bought a new stake in shares of Amdocs during the 3rd quarter valued at $37,000. Finally, Cullen Frost Bankers Inc. purchased a new stake in Amdocs during the 1st quarter worth about $39,000. 92.02% of the stock is owned by institutional investors.

Amdocs Company Profile

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.