Amdocs (NASDAQ:DOX) Hits New 12-Month Low – Here’s Why

Amdocs Limited (NASDAQ:DOX) shares hit a new 52-week low during mid-day trading on Wednesday . The company traded as low as $63.33 and last traded at $63.69, with a volume of 1673219 shares traded. The stock had previously closed at $65.10.

Analysts Set New Price Targets

Several research firms have commented on DOX. Wall Street Zen lowered shares of Amdocs from a “buy” rating to a “hold” rating in a research note on Saturday. Stifel Nicolaus lowered their target price on shares of Amdocs from $97.00 to $88.00 and set a “buy” rating for the company in a report on Wednesday, February 4th. 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 note on Wednesday, February 4th. Finally, Weiss Ratings reiterated a “hold (c)” rating on shares of Amdocs in a report on Tuesday, January 27th. Three research analysts have rated the stock with a Buy rating and two have given a Hold rating to the company’s stock. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and an average target price of $92.33.

Amdocs Stock Performance

The firm has a 50 day moving average of $72.59 and a 200-day moving average of $78.14. The company has a market cap of $6.88 billion, a P/E ratio of 12.32, a PEG ratio of 1.15 and a beta of 0.42. 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 issued its earnings results on Tuesday, February 3rd. The technology company reported $1.81 earnings per share for the quarter, beating analysts’ consensus estimates of $1.75 by $0.06. Amdocs had a return on equity of 20.19% and a net margin of 12.47%.The business had revenue of $1.16 billion during the quarter, compared to analyst estimates of $1.15 billion. During the same period in the previous year, the company posted $1.66 EPS. Amdocs’s revenue 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. As a group, sell-side analysts anticipate that Amdocs Limited will post 6.21 EPS for the current fiscal year.

Amdocs Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, April 24th. Investors 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 3.6%. This is a boost from Amdocs’s previous quarterly dividend of $0.53. The ex-dividend date of this dividend is Tuesday, March 31st. Amdocs’s payout ratio is currently 40.81%.

Institutional Investors Weigh In On Amdocs

Large investors have recently modified their holdings of the business. Pzena Investment Management LLC boosted its stake in shares of Amdocs by 82.6% during the fourth quarter. Pzena Investment Management LLC now owns 12,037,015 shares of the technology company’s stock valued at $969,100,000 after purchasing an additional 5,443,766 shares in the last quarter. Alyeska Investment Group L.P. raised its stake in Amdocs by 155.1% in the fourth quarter. Alyeska Investment Group L.P. now owns 2,110,393 shares of the technology company’s stock worth $169,908,000 after buying an additional 1,283,231 shares in the last quarter. Alliancebernstein L.P. raised its stake in Amdocs by 32.1% in the third quarter. Alliancebernstein L.P. now owns 2,359,779 shares of the technology company’s stock worth $193,620,000 after buying an additional 573,349 shares in the last quarter. Dimensional Fund Advisors LP lifted its holdings in Amdocs by 24.0% during the fourth quarter. Dimensional Fund Advisors LP now owns 2,892,761 shares of the technology company’s stock worth $232,903,000 after buying an additional 560,380 shares during the period. Finally, Squarepoint Ops LLC boosted its position in Amdocs by 469.4% during the 4th quarter. Squarepoint Ops LLC now owns 543,875 shares of the technology company’s stock valued at $43,787,000 after acquiring an additional 448,358 shares in the last quarter. Institutional investors own 92.02% of the company’s stock.

About Amdocs

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.