The shares of Infosys Limited (NYSE:INFY) has been pegged with a rating of Sell by Berenberg in its latest research note that was published on April 6th, 2018. The research company has also assigned a $14 price target. Berenberg wasn’t the only research firm that published a report of Infosys Limited, with other equities research analysts also giving their opinion on the stock. Goldman advised investors in its research note published on February 5th, 2018, to Buy the INFY stock. The stock had earned Negative rating from Susquehanna when it published its report on February 5th, 2018. The stock was given Overweight rating by Morgan Stanley in its report released on January 16th, 2018. BofA/Merrill was of a view that INFY is Buy in its latest report on December 5th, 2017. Goldman thinks that INFY is worth Neutral rating. This was contained in the firm’s report on September 18th, 2017.
Amongst the analysts that rated the stock, 1 have recommended investors to sell it, 11 believe it has the potential for further growth, thus rating it as Hold while 2 advised investors to purchase the stock. The consensus currently stands at a Hold while its average price target is $9.82. The price of the stock the last time has raised by 26.76% from its Week high price while it is raised higher than its 52-Week low price. A look at the stock’s other technical shows that its 14-day RSI now stands at 57.97.
The shares of the company dipped by -0.20% during the trading session on Thursday, reaching a low of $9.71 while ending the day at $9.83. During the trading session, a total of 17.16 million shares were traded which represents a -71.42% decline from the average session volume which is 10.01M shares. INFY had ended its last session trading at 9.85. Infosys Limited currently has a market cap of $40.57B, while its P/E ratio stands at 18.31, while its P/E earnings growth sits at 3.74, with a beta of 0.44. Infosys Limited debt-to-equity ratio currently stands at 0.00, while its quick ratio hovers at 3.30. INFY 52-week low price stands at $7.76 while its 52-week high price is $10.65.
The company in its last quarterly report recorded $0.13 earnings per share which is below the $0.13 predicted by most analysts. The Infosys Limited generated $2,921.00 million in revenue during the last quarter, which is slightly lower than the $2,928.05 million predicted by analysts. In the second quarter last year, the firm recorded $0.12 earnings per share. Compared to the same quarter last year, the firm’s revenue was up by 7.69%. Infosys Limited has the potential to record 0.54 EPS for the current fiscal year, according to equities analysts.
Investment analysts at Wells Fargo published a research note on September 23rd, 2016 where it informed investors and clients that Genworth Financial, Inc. (NYSE:GNW) is now rated as Market Perform. Goldman also rated GNW as Upgrade on February 5th, 2018, with its price target of $75 suggesting that GNW could surge by 5.33% from its current share price. Even though the stock has been trading at $4.55/share, analysts expect it to surge higher by -6.37% to reach $4.50/share. It started the day trading at $4.52 and traded between $4.17 and $4.26 throughout the trading session.
A look at its technical shows that GNW’s 50-day SMA is 4.27 while its 200-day SMA stands at 3.91. The stock has a high of $4.93 for the year while the low is $2.66. The company’s P/E ratio currently sits at 5.73, while the P/B ratio is 0.17. The company’s average trading volume currently stands at 3.85M shares, which means that the short-interest ratio is just 2.16 days. Over the past seven days, the company moved, with its shift of -10.88%. Looking further, the stock has dropped -6.58% over the past 90 days while it gained 14.52% over the last six months.
The change in the stock’s fortunes has led to several institutional investors altering their holdings of the stock. BlackRock Fund Advisors bought more GNW shares, increasing its portfolio by +1.14% during the last quarter. This move now sees BlackRock Fund Advisors purchasing 587,405 shares in the last quarter, thus it now holds 52,038,095 shares of GNW, with a total valuation of $222,723,047. The Vanguard Group Inc meanwhile bought more GNW shares in the recently filed quarter, changing its stake to $191,047,460 worth of shares. Miller Value Partners LLC followed the path by decreasing its GNW portfolio by -0.56% in the quarter. This means that Miller Value Partners LLC sold -118,925 shares in the last quarter and now controls 21,164,205 shares of the GNW stock, with the valuation hitting $90,582,797.
Similarly, Fidelity Management Research Co increased its Genworth Financial, Inc. shares by +0.04% during the recently filed quarter. After buying 6,148 shares in the last quarter, the firm now controls 15,161,265 shares of Genworth Financial, Inc. which are valued at $64,890,214. In the same vein, Dimensional Fund Advisors LP decreased its Genworth Financial, Inc. shares by during the most recent reported quarter. The firm sold -16,964 shares during the quarter which decreased its stakes to 11,020,497 shares and is now valued at $47,167,727. Following these latest developments, around 0.27% of Genworth Financial, Inc. stocks are owned by institutional investors and hedge funds.