Analysts Set Amdocs Limited (NASDAQ:DOX) Price Target at $92.33

Shares of Amdocs Limited (NASDAQ:DOX) have earned a consensus rating of “Moderate Buy” from the five analysts that are presently covering the firm, MarketBeat.com reports. Two analysts have rated the stock with a hold rating and three have given a buy rating to the company. The average 12-month price target among brokerages that have issued a report on the stock in the last year is $92.3333.

A number of analysts have commented on DOX shares. Wall Street Zen upgraded Amdocs from a “hold” rating to a “buy” rating in a research report on Saturday. Weiss Ratings reissued a “hold (c)” rating on shares of Amdocs in a report on Tuesday, January 27th. Wolfe Research reaffirmed a “peer perform” rating on shares of Amdocs in a report on Thursday, November 13th. Barclays dropped their price target on shares of Amdocs from $111.00 to $92.00 and set an “overweight” rating for the company in a research report on Wednesday. Finally, Stifel Nicolaus decreased their price objective on shares of Amdocs from $97.00 to $88.00 and set a “buy” rating on the stock in a research report on Wednesday.

Amdocs Stock Up 3.1%

DOX opened at $73.34 on Thursday. The firm’s 50 day simple moving average is $80.15 and its two-hundred day simple moving average is $82.34. The company has a market capitalization of $7.92 billion, a PE ratio of 14.19, a PEG ratio of 1.30 and a beta of 0.40. Amdocs has a 1-year low of $70.24 and a 1-year high of $95.41. The company has a current ratio of 1.06, a quick ratio of 1.17 and a debt-to-equity ratio of 0.23.

Amdocs (NASDAQ:DOX) last issued its quarterly earnings data on Tuesday, February 3rd. The technology company reported $1.81 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.75 by $0.06. Amdocs had a net margin of 12.47% and a return on equity of 20.19%. The firm had revenue of $1.16 billion during the quarter, compared to the consensus estimate of $1.15 billion. During the same quarter in the previous year, the firm posted $1.66 EPS. The company’s revenue for the quarter was up 4.1% compared to the same quarter last year. Amdocs has set its Q2 2026 guidance at 1.730-1.790 EPS and its FY 2026 guidance at 7.270-7.550 EPS. As a group, equities analysts forecast that Amdocs will post 6.21 EPS for the current year.

Amdocs Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, April 24th. Shareholders of record on Tuesday, March 31st will be paid a $0.569 dividend. This represents a $2.28 dividend on an annualized basis and a yield of 3.1%. The ex-dividend date is Tuesday, March 31st. This is a boost from Amdocs’s previous quarterly dividend of $0.53. Amdocs’s dividend payout ratio (DPR) is currently 43.91%.

Hedge Funds Weigh In On Amdocs

A number of hedge funds have recently made changes to their positions in DOX. Harbor Capital Advisors Inc. purchased a new position in Amdocs in the 3rd quarter worth approximately $26,000. Root Financial Partners LLC bought a new stake in shares of Amdocs during the third quarter valued at approximately $26,000. WealthCollab LLC lifted its holdings in shares of Amdocs by 94.5% in the third 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. Rossby Financial LCC bought a new position in shares of Amdocs during the second quarter worth $41,000. Finally, Atlantic Union Bankshares Corp purchased a new position in Amdocs during the third quarter valued at $37,000. Institutional investors own 92.02% of the company’s stock.

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.