Amdocs (NASDAQ:DOX) Issues Q1 Earnings Guidance

Amdocs (NASDAQ:DOX) issued an update on its first quarter earnings guidance on Tuesday morning. 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.

Amdocs Price Performance

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

Wall Street Analysts Forecast Growth

Several research firms recently commented on DOX. StockNews.com upgraded Amdocs from a “buy” rating to a “strong-buy” rating in a research report on Friday, October 25th. Stifel Nicolaus assumed coverage on Amdocs in a report on Wednesday, October 2nd. They issued a “buy” rating and a $100.00 price target for the company. One equities research analyst has rated the stock with a hold rating, four have assigned a buy rating and one has issued a strong buy rating to the company. According to MarketBeat.com, the company currently has an average rating of “Buy” and an average price target of $102.00.

Amdocs Company Profile

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.