Media stories about Infosys (NYSE:INFY) have trended somewhat positive on Thursday, according to Accern Sentiment Analysis. Accern identifies positive and negative news coverage by analyzing more than 20 million blog and news sources in real-time. Accern ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. Infosys earned a news sentiment score of 0.15 on Accern’s scale. Accern also gave media headlines about the technology company an impact score of 45.7864491339999 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the stock’s share price in the near term.
These are some of the media headlines that may have effected Accern Sentiment’s scoring:
Shares of Infosys (NYSE INFY) traded up $0.13 during midday trading on Thursday, hitting $17.80. 4,167,262 shares of the company’s stock were exchanged, compared to its average volume of 7,123,641. Infosys has a one year low of $13.88 and a one year high of $18.71. The company has a market capitalization of $38,750.00, a P/E ratio of 16.48, a PEG ratio of 1.94 and a beta of 0.61.
Infosys (NYSE:INFY) last issued its quarterly earnings results on Friday, January 12th. The technology company reported $0.25 EPS for the quarter, hitting the consensus estimate of $0.25. Infosys had a net margin of 22.97% and a return on equity of 21.31%. The company had revenue of $2.76 billion during the quarter, compared to analysts’ expectations of $2.74 billion. During the same quarter in the previous year, the company earned $0.24 EPS. equities research analysts expect that Infosys will post 1 earnings per share for the current year.
INFY has been the topic of a number of research analyst reports. Goldman Sachs Group upgraded shares of Infosys from a “neutral” rating to a “buy” rating in a research note on Monday, February 5th. ValuEngine upgraded shares of Infosys from a “hold” rating to a “buy” rating in a research report on Friday, February 2nd. UBS Group upgraded shares of Infosys from a “neutral” rating to a “buy” rating in a research report on Monday, January 22nd. Zacks Investment Research upgraded shares of Infosys from a “hold” rating to a “buy” rating and set a $18.00 target price on the stock in a research report on Tuesday, December 26th. Finally, Bank of America upgraded shares of Infosys from a “neutral” rating to a “buy” rating in a research report on Tuesday, December 5th. Three equities research analysts have rated the stock with a sell rating, nine have assigned a hold rating and six have issued a buy rating to the stock. Infosys presently has a consensus rating of “Hold” and an average price target of $15.77.
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Infosys Company Profile
Infosys Limited is engaged in consulting, technology, outsourcing and next-generation services. The Company, along with its subsidiaries, provides business information technology services comprising application development and maintenance, independent validation, infrastructure management, engineering services comprising product engineering and life cycle solutions and business process management; consulting and systems integration services comprising consulting, enterprise solutions, systems integration and advanced technologies; products, business platforms and solutions to accelerate intellectual property-led innovation, including Finacle, its banking solution, and offerings in the areas of Analytics, Cloud and Digital Transformation.
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