News headlines about Infosys (NYSE:INFY) have been trending positive this week, InfoTrie reports. The research group identifies positive and negative media coverage by reviewing more than 6,000 news and blog sources. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Infosys earned a news impact score of 2.63 on their scale. InfoTrie also gave news headlines about the technology company an news buzz score of 7 out of 10, meaning that recent media coverage is likely to have an effect on the company’s share price in the immediate future.
Here are some of the headlines that may have effected Infosys’ analysis:
- Information tech consultant Infosys breaks ground on Indy education center (wishtv.com)
- Infosys breaks ground on $245 million investment (kokomotribune.com)
- Infosys Ltd.(INFY, 500209) Stock & Share Price Update With Analysis – November 16, 2018 (outlookindia.com)
- Stocks in the news: Infosys, IDFC Bank, ONGC, Jet Airways, HDFC and Kotak Mahindra Bank (economictimes.indiatimes.com)
- Drug discovery informatics Market Boosting the growth | Leading Key Players: IBM (US), Infosys Ltd. (India … (medgadget.com)
Several research firms have recently issued reports on INFY. ValuEngine cut shares of Infosys from a “hold” rating to a “sell” rating in a research report on Wednesday, September 12th. Robert W. Baird lifted their price objective on shares of Infosys from $9.00 to $10.00 and gave the company a “neutral” rating in a research report on Friday, September 14th. Goldman Sachs Group cut shares of Infosys from a “buy” rating to a “neutral” rating and set a $11.00 price objective on the stock. in a research report on Wednesday, October 17th. Morgan Stanley cut shares of Infosys from an “overweight” rating to a “hold” rating in a research report on Monday, August 20th. Finally, BMO Capital Markets reiterated a “hold” rating and set a $11.00 price objective on shares of Infosys in a research report on Wednesday, October 17th. Five equities research analysts have rated the stock with a sell rating, eight have assigned a hold rating and three have assigned a buy rating to the company. Infosys has a consensus rating of “Hold” and a consensus target price of $15.26.
Infosys (NYSE:INFY) last released its quarterly earnings data on Tuesday, October 16th. The technology company reported $0.13 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.13. Infosys had a net margin of 21.94% and a return on equity of 24.56%. The firm had revenue of $2.92 billion for the quarter, compared to analysts’ expectations of $2.89 billion. During the same quarter last year, the business posted $0.13 earnings per share. Sell-side analysts expect that Infosys will post 0.52 earnings per share for the current year.
The firm also recently announced a dividend, which was paid on Friday, October 26th. Investors of record on Friday, October 26th were issued a $0.085 dividend. The ex-dividend date of this dividend was Thursday, October 25th. Infosys’s dividend payout ratio (DPR) is presently 34.00%.
ILLEGAL ACTIVITY NOTICE: This piece was first reported by WKRB News and is the property of of WKRB News. If you are viewing this piece on another publication, it was stolen and reposted in violation of U.S. and international copyright legislation. The correct version of this piece can be viewed at https://www.wkrb13.com/2018/11/18/infosys-infy-given-media-impact-score-of-2-63.html.
Infosys Company Profile
Infosys Limited, together with its subsidiaries, provides consulting, technology, and outsourcing services in North America, Europe, India, and internationally. It provides business information technology services, including application development and maintenance, independent validation, infrastructure management, and business process management services, as well as engineering services, such as engineering and life cycle solutions; and consulting and systems integration services comprising consulting, enterprise solutions, systems integration, and advanced technologies.
Featured Story: Marijuana Stocks
Receive News & Ratings for Infosys Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Infosys and related companies with MarketBeat.com's FREE daily email newsletter.