Amdocs (NASDAQ:DOX) Updates FY25 Earnings Guidance

Amdocs (NASDAQ:DOX) issued an update on its FY25 earnings guidance on Tuesday morning. The company provided earnings per share guidance of $6.86-7.12 for the period, compared to the consensus earnings per share estimate of $7.03. The company issued revenue guidance of $4.46-4.62 billion, compared to the consensus revenue estimate of $5.17 billion. Amdocs also updated its Q1 guidance to $1.61-1.67 EPS.

Amdocs Stock Down 0.2 %

Shares of DOX traded down $0.15 during mid-day trading on Tuesday, hitting $92.71. 995,618 shares of the company’s stock were exchanged, compared to its average volume of 668,064. Amdocs has a 52 week low of $74.41 and a 52 week 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 company has a 50-day simple moving average of $88.04 and a 200 day simple moving average of $83.86. The company has a market cap of $10.90 billion, a PE ratio of 21.40, a P/E/G ratio of 1.49 and a beta of 0.74.

Analysts Set New Price Targets

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

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.