Amdocs (NASDAQ:DOX) Upgraded at Wall Street Zen

Wall Street Zen upgraded shares of Amdocs (NASDAQ:DOX) from a hold rating to a buy rating in a report issued on Saturday.

DOX has been the topic of a number of other research reports. Stifel Nicolaus lowered their price objective on Amdocs from $97.00 to $88.00 and set a “buy” rating on the stock in a research note on Wednesday, February 4th. Weiss Ratings reiterated a “hold (c)” rating on shares of Amdocs in a research report on Tuesday, January 27th. Finally, Barclays decreased their price target on Amdocs from $111.00 to $92.00 and set an “overweight” rating on the stock in a research report on Wednesday, February 4th. Three analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus target price of $92.33.

Amdocs Stock Performance

NASDAQ DOX opened at $66.96 on Friday. The firm has a 50-day moving average price of $67.04 and a two-hundred day moving average price of $75.74. Amdocs has a 12-month low of $62.75 and a 12-month high of $95.41. The company has a market capitalization of $7.23 billion, a P/E ratio of 12.95, a P/E/G ratio of 1.20 and a beta of 0.46. The company has a quick ratio of 1.06, a current ratio of 1.06 and a debt-to-equity ratio of 0.23.

Amdocs (NASDAQ:DOX) last announced its earnings results on Tuesday, February 3rd. The technology company reported $1.81 EPS for the quarter, topping the consensus estimate of $1.75 by $0.06. Amdocs had a net margin of 12.47% and a return on equity of 20.19%. The company had revenue of $1.16 billion for the quarter, compared to analysts’ expectations of $1.15 billion. During the same period last year, the firm earned $1.66 earnings per share. The business’s revenue for the quarter was up 4.1% on a year-over-year basis. Amdocs has set its Q2 2026 guidance at 1.730-1.790 EPS and its FY 2026 guidance at 7.270-7.550 EPS. Analysts anticipate that Amdocs will post 6.64 earnings per share for the current year.

Amdocs Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, April 24th. Investors of record on Tuesday, March 31st will be given a dividend of $0.569 per share. The ex-dividend date is Tuesday, March 31st. This represents a $2.28 annualized dividend and a dividend yield of 3.4%. This is a positive change from Amdocs’s previous quarterly dividend of $0.53. Amdocs’s dividend payout ratio (DPR) is 44.10%.

Institutional Inflows and Outflows

Institutional investors have recently added to or reduced their stakes in the company. Harbor Capital Advisors Inc. acquired a new stake in shares of Amdocs in the 3rd quarter valued at $26,000. Root Financial Partners LLC acquired a new position in shares of Amdocs during the 3rd quarter worth $26,000. WealthCollab LLC raised its holdings in shares of Amdocs by 94.5% during the 3rd quarter. WealthCollab LLC now owns 356 shares of the technology company’s stock worth $29,000 after buying an additional 173 shares in the last quarter. Atlantic Union Bankshares Corp bought a new stake in shares of Amdocs during the 3rd quarter worth $37,000. Finally, BOK Financial Private Wealth Inc. bought a new stake in shares of Amdocs during the 4th quarter worth $37,000. 92.02% of the stock is currently owned by institutional investors and hedge funds.

Amdocs Company Profile

Amdocs (NASDAQ: DOX) is a global software and services provider specializing in solutions for communications, media and entertainment companies. The company designs, develops and integrates revenue management, customer experience and digital services platforms that enable service providers to launch and monetize new offerings, streamline operations and enhance subscriber engagement. Amdocs’ product suite encompasses billing and order management, customer relationship management, digital commerce and network function virtualization, supported by professional services for implementation, integration and managed operations.

Founded in 1982 and structured as a separate public company in 1998, Amdocs has its corporate headquarters in Chesterfield, Missouri, and maintains major development centers in Ra’anana, Israel.