Amdocs (NASDAQ:DOX – Get Free Report) updated its first quarter earnings guidance on Tuesday. The company provided earnings per share (EPS) guidance of $1.61-1.67 for the period, compared to the consensus estimate of $1.70. The company issued revenue guidance of $1.095-1.135 billion, compared to the consensus revenue estimate of $1.28 billion. Amdocs also updated its FY 2025 guidance to 6.859-7.116 EPS.
Analysts Set New Price Targets
DOX has been the subject of several research reports. StockNews.com downgraded shares of Amdocs from a “strong-buy” rating to a “buy” rating in a report on Thursday. Oppenheimer increased their price target on Amdocs from $98.00 to $105.00 and gave the company an “outperform” rating in a research note on Wednesday. Stifel Nicolaus assumed coverage on Amdocs in a research note on Wednesday, October 2nd. They issued a “buy” rating and a $100.00 price objective on the stock. Finally, Barclays decreased their price objective on Amdocs from $113.00 to $111.00 and set an “overweight” rating on the stock in a report on Thursday. One research analyst has rated the stock with a hold rating and six have assigned a buy rating to the company’s stock. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus target price of $101.83.
View Our Latest Stock Report on DOX
Amdocs Trading Down 0.2 %
Amdocs Dividend Announcement
The company also recently disclosed a quarterly dividend, which will be paid on Friday, January 31st. Shareholders of record on Tuesday, December 31st will be given a dividend of $0.479 per share. This represents a $1.92 dividend on an annualized basis and a yield of 2.24%. The ex-dividend date is Tuesday, December 31st. Amdocs’s dividend payout ratio (DPR) is 45.28%.
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.
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