INFY - Infosys Limited
| Previous Close | 10.51 |
| Open | 10.40 |
| Bid | 10.19 x 43500 |
| Ask | 10.24 x 3100 |
| Day's Range | 10.15 - 10.44 |
| 52 Week Range | 8.62 - 11.38 |
| Volume | 12,427,623 |
| Avg. Volume | 9,928,977 |
| Market Cap | 44.43B |
| Beta (3Y Monthly) | 0.82 |
| PE Ratio (TTM) | 20.10 |
| EPS (TTM) | 0.51 |
| Earnings Date | N/A |
| Forward Dividend & Yield | 0.25 (2.28%) |
| Ex-Dividend Date | 2019-06-13 |
| 1y Target Est | 10.74 |
- PR Newswire•3 days ago
Infosys Announces a Benchmark Stock Ownership Program Based on Performance
BENGALURU, India, May 16, 2019 /PRNewswire/ -- Infosys (INFY), a global leader in next-generation digital services and consulting, today announced that its board of directors has approved the Infosys Expanded Stock Ownership Program 2019 that links long term employee incentives with shareholder value creation. Subject to shareholder approval, this unique plan proposes to allocate 50 mn shares (or 5 crore shares) equating 1.15% of the company's equity shares to a broad base of employees, which will vest on challenging performance criteria.
- Investopedia•10 days ago
The H-1B Visa Issue Explained
The Trump administration has announced it is reforming the visa lottery process and planning to hike the application fee. Here's why the temporary worker visa is such a hotly debated topic.
- InvestorPlace•12 days ago
Could Fintech Lift Infosys Stock to $20?
Infosys (NYSE:INFY) announced its fourth-quarter results in mid-April. It was the digital services and consulting company's second consecutive quarter of double-digit growth, showing that the transformation it started a year ago is gaining traction and providing a positive catalyst for INFY stock. Source: Shutterstock The Transformation AgendaIn April 2018, CEO Salil Parekh laid out a three-year transformation plan that entails Infosys transforming itself in three deliberate stages. In the first year, the company was supposed to stabilize the business and invest in its growth. In the second year, INFY was supposed to gain momentum from all the hard work in the first year, and in the final year of the transformation, it planned to grab growth by the throat and take market share from its competition. * 7 Strong Buy Stocks That Tick All the Boxes "What I plan to drive going forward is to build Infosys for the next ten years and that is what is coming out nicely," Parekh told the Times of India in an article published on May 3. "We are building a huge reskilling programme for our employees, we are building localization in many different geographies, we are scaling up recruitment in India, we are revitalizing our centers, everything is being changed to agile (methodologies)."InvestorPlace - Stock Market News, Stock Advice & Trading TipsCEOs focus on providing clients with solutions for the long-run, not just the next 6-12 months. They could not care less about Infosys' margins. That is why Parekh is interested in building a business that's relevant to its customers. If he does that, higher margins will follow. Digital Drives INFY Stock HigherCan Infosys stock get to $20 in 2019? I doubt it. However, I do believe that it could reach that level by the end of 2020 if it continues to expand its digital portfolio. One area that could continue to drive digital revenues for the company is Finacle, the company's digital banking solution, which helps financial -services companies provide seamless digital banking services to their customers. Recently named a leading corporate banking solution provider by IDC Marketscape, Finacle provides a digital banking platform to Goldman Sachs' (NYSE:GS) Marcus digital bank. With fintech continuing to be an essential part of financial services innovation and growth, Finacle could meaningfully boost Infosys' results and Infosys stock. Actual Results in 2019In, Q4, Infosys' revenue rose 11.7% year-over-year.For the entire year, its top line grew by 7.9% year over year in U.S. dollars. In 2020, based on the midpoint of its guidance, it expects its revenue to grow by 8.5%. Given the momentum it gained over the last two quarters of 2019, I would say that's a very conservative estimate.In Q4, the sales of INFY's digital portfolio surged 41.1% year-over-year and 9.7% sequentially; digital sales accounted for 33.8% of Infosys' revenue in Q4. "We have completed the first year of our transformation journey with strong results on multiple dimensions including revenue growth, performance of our digital portfolio, large deal wins, and client metrics," Parekh stated, according to the company's Q4 press release. "This is a reflection of our increased client relevance stemming from our focus on digital, positioning, and long-standing client relationships," the CEO added. Infosys' operating margins reached a ten-year peak of over 30% between 2010 and 2013. Since then they've fallen into the low 20s. In 2020, the company expects its operating margin to be 22% at the midpoint of its guidance, well below its fiscal 2010 margin of 30.4%. However, as I stated previously, INFY is building a foundation for profitable growth. In year two of its transformation, investors can expect its sales to continue to grow more quickly than normal with lower margins than it typically generates. It's possible the same thing could happen in year three of its transformation. However, in year four and beyond, its margins should expand. At the time of this writing Will Ashworth did not hold a position in any of the aforementioned securities. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 7 Strong Buy Stocks That Tick All the Boxes * 7 Stocks to Buy From the T. Rowe Price Health Sciences Fund * 5 Tech ETFs to Plug In to Big Profits Compare Brokers The post Could Fintech Lift Infosys Stock to $20? appeared first on InvestorPlace.
- Investopedia•17 days ago
Top 10 Indian Entrepreneurs
India is the world's largest democracy and its economy has been growing rapidly over the past few decades. As a country, it also holds the second largest native population behind China. Not surprisingly, India has produced a number of billionaire businessmen and women.
- InvestorPlace•23 days ago
7 A-Rated Stocks That Are Under $10
Earnings season is fully upon us now and things are as expected … there are some big winners and some big losers. While growth should be solid this year, it's not likely to set any records. That makes it important to find the opportunities in the market now, especially since there has been the big tech run-up in Q1. While some of these tech stocks are solid contenders, not all of them can be counted among the top stocks to consider now.The big run in Q1 just got the market back to breakeven after the horror show in Q4, especially in December.So now is the time to look for opportunities in select sectors where there should be better than average growth in the coming year. And within those sectors, there are some low-priced stocks with a lot of potential that are worth adding to your portfolio now.InvestorPlace - Stock Market News, Stock Advice & Trading Tips * 5 Cheap Energy Stocks to Buy Under $10 The top stocks under $10 I feature here all have momentum in their favor -- as measured by my Portfolio Grader -- and their businesses are growing faster than their larger peers. These names also have an A-rating according to my system. Just make sure not to chase them too far from their current prices. ICICI Bank Ltd ADR (IBN)Source: Shutterstock ICICI Bank Ltd ADR (NYSE:IBN) isn't as much a play on the U.S. as it is the growth in India. It is only one of a handful of Indian stocks that trades in the U.S.Remember, India's GDP last year was 7% -- 10% faster than China's growth. And it is likely to continue posting numbers like that for years to come.But like most emerging economies, it has its fits and starts. That's why owning a solid bank is a good way to get some exposure without taking on too much risk. And that's where IBN fits in.IBN is one of only three privately held major Indian banks and it is growing like a tech company. What's more, it's also selling Prudential insurance in India through a majority-owned subsidiary ICICI Pru, a new product with huge potential. And insurance also has healthy margins.With the U.S. and Chinese economies doing well, it's a good signal that India will continue to prosper and develop. IBN stock is up more than 30% in the past year and has plenty of headroom left. First BanCorp (FBP)Source: Shutterstock First BanCorp (NYSE:FBP) is a Puerto Rico-based bank that also has operations in the Caribbean and in the U.S. It's on fire.Given the massive devastation of the island from the recent hurricane, I mean that in a good way. FBP stock is up nearly 30% year-to-date and more than 50% in the past 12 months.Much of this is due to the rebuilding efforts that are going on in the region now. It takes a while after a major natural disaster for funding to show up and start getting disbursed.FBP is now in the middle of rebuilding the island and the various other islands where it has operations. And given its status of a territory of the U.S., native Puerto Ricans live in the U.S. and send money back to family there. This is also strengthening the economy of the island. * 10 Automation Stocks to Buy for the 21st Century While fixing the island will happen over a long period of time, at some point it will end, but expanding new opportunities will present themselves and FBP will be on the front line. And it will have a strong balance sheet to help. Infosys Ltd (INFY)Source: Shutterstock Infosys Ltd ADR (NYSE:INFY) is a global technology, outsourcing and consulting firm that offers an array of services to some of the largest businesses in the world. It's headquartered in Bangalore, India and has been around for more than 35 years.With a $46 billion market cap, this is an established company that continues to grow, taking advantage of expanding economies around the world. And where economies are tight, they also look to INFY to help grow their productivity by outsourcing operations that are being solved efficiently in companies' current operations.INFY has a respectable 2.9% dividend and is up 10% year-to-date and nearly 20% in the past year. Its last quarter's earnings beat expectations by a comfortable margin but it warned that this year may not be as strong. But there are plenty of companies that have pointed this out; it's not a shock. However, it has meant that the stock has lost some ground and is at a good price. Telefonaktiebolaget LM Ericsson (ERIC)Source: Shutterstock Telefonaktiebolaget LM Ericsson (NASDAQ:ERIC) is in the 5G wars right now.As a leading global telecom company, it is stuck between the leading 5G telecom player in the world -- China's Huawei -- and the U.S. government. The U.S. is concerned that Huawei equipment may contain surveillance equipment to tap into telecommunications used over the network and has told allies that the U.S. will not allow aid money to be used to buy Huawei equipment or support a 5G network using its equipment.And while that may seem like a great thing for ERIC -- based in Sweden -- the problem is, China isn't interested in making it easy for ERIC to muscle in on its 5G dominance. The U.S. doesn't have a native company that can scale up 5G, so there's an uneasy stalemate among the players.But regardless of how it shakes out, ERIC is still a major global player. And as networks upgrade and expand, ERIC will be a significant source of the work. * 7 Cloud Stocks to Buy Now The stock is up 11% YTD and more than 30% in the past year. It may be a little bouncy for a while, but as long as the global economy keeps chugging along, ERIC will be in growth mode. Cousins Properties (CUZ)Source: Shutterstock Cousins Properties Inc (NYSE:CUZ) is a commercial real estate investment trust (REIT) that has been around since 1958. Essentially, it owns and operates commercial buildings in some of the hottest regions of the Southwest, South and Mid Atlantic.Having been launched and headquartered in Atlanta, Georgia, it is one city where CUZ has significant holdings. Atlanta is one of the fastest growing cities in the U.S. and that growth is continuing.It also has properties in the tech mecca of Research Triangle in North Carolina as well as Austin, Texas. It also has properties in major markets in Florida and Arizona.REITs are particularly hot right now for two reasons. First, low-interest rates and a steadily growing economy are helping make financing and new investments easier. Plus, it's a good market to raise rents in.Second is a tax advantage that was written into law in 2018 that allows new tax advantages for REITs and their investors.Plus, the real estate market has been dormant for a while now, so this revival has been a long time coming.Also, late last month, CUZ merged with Tier REIT (NYSE:TIER) adding another 50% to its market cap as well as a successful group of properties in many of the same markets. Cleveland-Cliffs (CLF)Source: Shutterstock Cleveland-Cliffs Inc (NYSE:CLF) has been around for more than 170 years. It was around 15 years before the Civil War started. That is durability.Part of the reason it has endured is the fact that it does one thing: It makes iron ore pellets from mines and factories in Michigan and Minnesota for the U.S. steel industry.This year started strongly on two fronts. First, one of its main competitors, Brazil-based Vale SA (NYSE:VALE) had to cut production when a dam broke at a mining operation in Brazil causing an incredible amount of damage.Second, the strength of the U.S. economy has meant more demand for steel.This is why CLF is up 27% YTD and 34% in the past year. And even after this price run, CLF stock is still delivering a 2% dividend. * 7 Reasons the Stock Market's Record Closing Isn't the End of the Rally CLF is a small company -- about a $2 billion market cap -- but it is a focused company that has seen a lot more economic challenges than most other firms in its sector. It may not be flashy, but it's hot now and will continue to provide for shareholders. Vereit Inc (VER)Source: Shutterstock Vereit Inc (NYSE:VER) owns and manages single tenant commercial properties in the US.That means it owns properties that one business occupies, which makes it much more manageable for the REIT. Plus many of its customers are national chains, so it is has a close relationship with major retailers and restaurants.For example, its top five clients are Red Lobster, Walgreens (NASDAQ:WBA), Family Dollar, Dollar General (NYSE:DG) and FedEx (FDX). Its top 10 clients represent 27% of the company's total income.As the U.S. economy continues to expand and consumers continue to spend, this all bodes well for VER.Up 16% YTD and delivering a whopping 6.7% dividend, this is a great REIT at a great price and at a great time.Louis Navellier is a renowned growth investor. He is the editor of four investing newsletters: Growth Investor, Breakthrough Stocks, Accelerated Profits and Platinum Growth. His most popular service, Growth Investor, has a track record of beating the market 3:1 over the last 14 years. He uses a combination of quantitative and fundamental analysis to identify market-beating stocks. Mr. Navellier has made his proven formula accessible to investors via his free, online stock rating tool, PortfolioGrader.com. Louis Navellier may hold some of the aforementioned securities in one or more of his newsletters. More From InvestorPlace * 5 Hot Dividend Stocks to Buy as the Weather Heats Up * 7 Dividend Stocks That Could Double Over the Next Five Years * 10 Stocks to Sell Before They Give Back 2019 Gains * 7 Cloud Stocks to Buy Now Compare Brokers The post 7 A-Rated Stocks That Are Under $10 appeared first on InvestorPlace.
- PR Newswire•26 days ago
Infosys Product Subsidiary EdgeVerve Named a Leader in the First IDC MarketScape on End-to-End Corporate Banking Solution Providers
BENGALURU, India, April 23, 2019 /PRNewswire/ -- Infosys Finacle, part of EdgeVerve Systems, a wholly-owned subsidiary of Infosys (INFY), today announced that the company has been positioned as a Leader in the first IDC MarketScape: Worldwide End-to-End Corporate Banking Solution Providers 2019 Vendor Assessment*. The report assesses the capabilities and strategies of seven leading corporate banking solutions powering the digital transformations of corporate banking organizations.
- American City Business Journals•last month
Infosys execs talk talent 'constraint'
For Infosys, currently in the midst of hiring 2,000 employees centered at its new Raleigh tech hub, “talent is clearly a huge constraint.”
- PR Newswire•last month
Infosys Wingspan Featured in the Constellation Shortlist™ for Learning Marketplaces
BENGALURU, India , April 16, 2019 /PRNewswire/ -- Infosys , has been featured in the Constellation Shortlist™ for Learning Marketplaces for Wingspan, its next-gen learning solution. The robust holistic ...
- Barrons.com•last month
Infosys Stock Is Down Because It Can’t Escape Downgrades
Infosys stock has been dented by at least five downgrades since the company reported fourth-quarter earnings and issued a full-year outlook that disappointed some investors.
- Zacks•last month
Infosys (INFY) Q4 Earnings Match Estimates, Revenues Surpass
Infosys' (INFY) fourth-quarter fiscal 2019 results benefit from large deal wins and robust growth in digital services. However, margin contraction is a key concern.
Reuters•last monthNifty, Sensex end higher as TCS results draw cheer
(Reuters) - Indian shares closed higher on Monday, buoyed by gains in IT major Tata Consultancy Services Ltd, which reported a record profit for the final quarter of the year on Friday and heralded the ...
- Reuters•last month
Indian software giants trumpet strong growth momentum
MUMBAI/BENGALURU (Reuters) - Indian technology duo Tata Consultancy Services (TCS) and smaller rival Infosys expect continued strong growth in the new financial year, they said on Friday after posting strong fourth-quarter numbers. IT companies, now facing a margin squeeze in traditional outsourcing, are helping global clients to transform legacy businesses using digital services, automation and artificial intelligence. Analysts have previously said that digital services will be a driver for almost all top technology companies in India and could translate into a strong deal pipeline in coming quarters.
- InvestorPlace•last month
Infosys Earnings: INFY Stock Slumps on Q4 Earnings Report
Infosys earnings for the company's fiscal fourth quarter of 2019 have INFY stock falling on Friday.Source: Shutterstock Infosys (NYSE:INFY) starts off the earnings report for its fiscal fourth quarter of the year with earnings per share of 13 cents. This is the same as the company's earnings per share from its fiscal fourth quarter of 2018. It also matches Wall Street's earnings per share estimate for the period, but couldn't keep INFY stock from falling today.Infosys earnings for its fiscal fourth quarter of 2019 have net income coming in at $581 million. This is up from the company's net income of $571 million reported in the same period of the year prior.InvestorPlace - Stock Market News, Stock Advice & Trading TipsOperating income reported in the Infosys earnings release for its fiscal fourth quarter of the year comes in at $658 million. The business consulting company's operating income from its fiscal fourth quarter of the previous year was $693 million.The Infosys earnings report for its fiscal fourth quarter of 2019 also has revenue sitting at $3.06 billion. This is an increase over the company's revenue of $2.81 billion from the same time last year. This also has it beating out analysts' revenue estimate of $3.05 billion for the quarter, but that wasn't able to stop INFY stock from dipping lower today. * 7 Marijuana Companies: Which Pot Stocks Should You Buy? Infosys earnings from the most recent quarter also include its guidance for fiscal 2020. It is expecting revenue growth for the year to range from 7.5% to 9.5% in constant currency. It is also looking for operating margin between 21% and 23% for the fiscal year.INFY stock was down 3% as of Friday afternoon. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 7 Internet Stocks to Watch * 7 AI Stocks to Watch with Strong Long-Term Narratives * 10 Dow Jones Stocks Holding the Blue Chip Index Back As of this writing, William White did not hold a position in any of the aforementioned securities.Compare Brokers The post Infosys Earnings: INFY Stock Slumps on Q4 Earnings Report appeared first on InvestorPlace.
- PR Newswire•last month
Infosys: Second Consecutive Quarter of Double Digit Growth in Constant Currency
BENGALURU, India , April 12, 2019 /PRNewswire/ -- "We have completed the first year of our transformation journey with strong results on multiple dimensions including revenue growth, performance of ...
- Reuters•last month
Infosys fourth-quarter profit jumps on deal wins
(Reuters) - Infosys Ltd, India's second biggest software services exporter, reported a 10.4 percent rise in its fourth-quarter profit on Friday, helped by strong growth in its key financial services segment ...
- Associated Press•last month
Infosys: Fiscal 4Q Earnings Snapshot
On a per-share basis, the Bangalore, India-based company said it had profit of 13 cents. The results met Wall Street expectations. The average estimate of 10 analysts surveyed by Zacks Investment Research ...
- Reuters•last month
Nifty, Sensex end higher, post first weekly fall in 8
(Reuters) - Indian shares ended higher on Friday, boosted by heavyweight ITC Ltd, but the indexes marked their first weekly fall in eight ahead of the fourth-quarter corporate results. The benchmark BSE ...
- Benzinga•last month
Infosys Earnings Preview
Infosys (NYSE: INFY ) will be releasing its next round of earnings this Friday, April 12. For all of the relevant information, here is your guide for Friday's Q4 earnings announcement. Earnings and Revenue ...
- Zacks•last month
Infosys (INFY) Q4 Earnings: What's in Store for the Stock?
Infosys' (INFY) fourth-quarter fiscal 2019 results are likely to be driven by large deal wins. However, declining margin is a concern.
- PR Newswire•last month
EdgeVerve Launches CollectEdge to Help Banks Redefine Collection Predictability and Customer Experience Using AI
Citizens Bank leverages CollectEdge to modernize its collection processes and ensure better risk segmentation SAN FRANCISCO , April 8, 2019 /PRNewswire/ -- EdgeVerve Systems , a subsidiary of Infosys ...
