Amdocs (NASDAQ:DOX) Releases Q1 Earnings Guidance

Amdocs (NASDAQ:DOX) updated its first quarter earnings guidance on Tuesday. The company provided earnings per share guidance of $1.61-1.67 for the period, compared to the consensus earnings per share estimate of $1.70. The company issued revenue guidance of $1.095-1.135 billion, compared to the consensus revenue estimate of $1.28 billion. Amdocs also updated its FY25 guidance to $6.86-7.12 EPS.

Analyst Ratings Changes

DOX has been the topic of several analyst reports. Stifel Nicolaus started coverage on Amdocs in a research report on Wednesday, October 2nd. They set a “buy” rating and a $100.00 target price on the stock. StockNews.com upgraded Amdocs from a “buy” rating to a “strong-buy” rating in a research note on Friday, October 25th. One research analyst has rated the stock with a hold rating, four have given a buy rating and one has assigned a strong buy rating to the company’s stock. According to data from MarketBeat, Amdocs currently has an average rating of “Buy” and an average target price of $102.00.

Amdocs Price Performance

Shares of DOX traded down $0.15 during midday trading on Tuesday, reaching $92.71. The stock had a trading volume of 995,618 shares, compared to its average volume of 668,064. The company has a market capitalization of $10.90 billion, a price-to-earnings ratio of 21.40, a price-to-earnings-growth ratio of 1.49 and a beta of 0.74. Amdocs has a 12-month low of $74.41 and a 12-month high of $94.04. The company’s 50-day moving average is $88.04 and its 200 day moving average is $83.86. The company has a current ratio of 1.24, a quick ratio of 1.24 and a debt-to-equity ratio of 0.21.

About Amdocs

Amdocs Limited, through its subsidiaries, provides software and services worldwide. It designs, develops, operates, implements, supports, and markets open and modular cloud portfolio. The company provides CES23, a 5G and cloud-native microservices-based market-leading customer experience suite, that enables service providers to build, deliver, and monetize advanced services; Amdocs Subscription Marketplace, a software-as-a-service-based platform that includes an expansive network of pre-integrated digital services, such as media, gaming, eLearning, sports, and retail to security and business services; the monetization suite for charging, billing, policy, and revenue management; Intelligent networking suite with a set of modular, flexible, and open service lifecycle management capabilities for network automation journeys; amAIz, a telco GenAI framework; Amdocs Digital Brands Suite, a pre-integrated digital business suite; and Amdocs eSIM Cloud for service providers.