|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's Range||14.45 - 14.60|
|52 Week Range||13.42 - 16.71|
|PE Ratio (TTM)||15.37|
|Dividend & Yield||0.46 (3.11%)|
|1y Target Est||N/A|
BMO Capital Markets' Keith Bachman and his team check in with the software and IT services industry today from a valuation perspective, writing that Adobe (ADBE) and DXC (DXC) are still their favorite stocks. Bachman writes that although Adobe's guidance was disappointing, the stock still looks attractive, given that the its next-twelve-months enterprise value to free cash flow valuation is 24.3 times, below its two-year average of 25 times.
75% of the $60 billion market for business analytics gets spent on consultants who help pull data from many sources into data warehouses. Growing at 300%, Incorta slashes the need for such consultants -- that could be bad for Infosys and Accenture.
Infosys (INFY) announces its strategic seven-year partnership with the CMA CGM Group to transform its IT applications as well as improve customer service experience.