|Bid||17.75 x 1000|
|Ask||17.76 x 3100|
|Day's Range||17.75 - 17.93|
|52 Week Range||6.76 - 19.07|
|Beta (5Y Monthly)||0.59|
|PE Ratio (TTM)||30.09|
|Forward Dividend & Yield||0.32 (1.80%)|
|Ex-Dividend Date||Oct 23, 2020|
|1y Target Est||N/A|
Moody's Investors Service ("Moody's") has completed a periodic review of the ratings of Infosys Limited and other ratings that are associated with the same analytical unit. The review was conducted through a portfolio review discussion held on 19 January 2021 in which Moody's reassessed the appropriateness of the ratings in the context of the relevant principal methodology(ies), recent developments, and a comparison of the financial and operating profile to similarly rated peers. This publication does not announce a credit rating action and is not an indication of whether or not a credit rating action is likely in the near future.
In the current session, Infosys Inc. (NYSE:INFY) is trading at $18.61, after a 0.03% gain. Over the past month, the stock increased by 18.87%, and in the past year, by 71.57%. With performance like this, long-term shareholders optimistic but others are more likely to look into the price-to-earnings ratio to see if the stock might be overvalued.Assuming that all other factors are held constant, this could present itself as an opportunity for shareholders trying to capitalize on the higher share price. The stock is currently under from its 52 week high by 1.72%.The P/E ratio measures the current share price to the company's earnings per share. It is used by long-term investors to analyze the company's current performance against its past earnings, historical data and aggregate market data for the industry or the indices, such as S&P 500. A higher P/E indicates that investors expect the company to perform better in the future, and the stock is probably overvalued, but not necessarily. It also shows that investors are willing to pay a higher share price currently, because they expect the company to perform better in the upcoming quarters. This leads investors to also remain optimistic about rising dividends in the future.View more earnings on INFYMost often, an industry will prevail in a particular phase of a business cycle, than other industries.Infosys Inc. has a lower P/E than the aggregate P/E of 52.65 of the IT Services industry. Ideally, one might believe that the stock might perform worse than its peers, but it's also probable that the stock is undervalued.There are many limitations to price to earnings ratio. It is sometimes difficult to determine the nature of the earnings makeup of a company. Shareholders might not get what they're looking for, from trailing earnings.See more from Benzinga * Click here for options trades from Benzinga * Infosys: Q3 Earnings Insights * Earnings Scheduled For January 13, 2021(C) 2021 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Infosys' (INFY) third-quarter fiscal 2021 results benefit from stellar demand for its services in cloud, IoT, cyber security, SaaS, user experience, data and analytics.