Amdocs (NASDAQ:DOX) Reaches New 1-Year Low – Here’s What Happened

Amdocs Limited (NASDAQ:DOX)’s stock price 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 changing hands. The stock had previously closed at $65.10.

Analyst Upgrades and Downgrades

A number of equities research analysts recently weighed in on DOX shares. Stifel Nicolaus decreased their price objective on Amdocs from $97.00 to $88.00 and set a “buy” rating for the company in a research note on Wednesday, February 4th. Wall Street Zen lowered Amdocs from a “buy” rating to a “hold” rating in a research note on Saturday. Weiss Ratings reiterated a “hold (c)” rating on shares of Amdocs in a report on Tuesday, January 27th. Finally, Barclays lowered their price target on shares of Amdocs from $111.00 to $92.00 and set an “overweight” rating on the stock in a report on Wednesday, February 4th. Three analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company’s stock. According to MarketBeat, Amdocs currently has an average rating of “Moderate Buy” and an average price target of $92.33.

Amdocs Trading Down 2.2%

The stock has a 50-day moving average of $72.59 and a 200 day moving average of $78.14. The company has a quick ratio of 1.06, a current ratio of 1.06 and a debt-to-equity ratio of 0.23. The stock has a market cap of $6.88 billion, a PE ratio of 12.32, a price-to-earnings-growth ratio of 1.15 and a beta of 0.42.

Amdocs (NASDAQ:DOX) last issued its quarterly earnings results on Tuesday, February 3rd. The technology company reported $1.81 earnings per share for the quarter, topping the consensus estimate of $1.75 by $0.06. Amdocs had a net margin of 12.47% and a return on equity of 20.19%. The company had revenue of $1.16 billion for the quarter, compared to the consensus estimate of $1.15 billion. During the same quarter in the prior year, the company earned $1.66 EPS. Amdocs’s quarterly 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 earnings per share for the current year.

Amdocs Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, April 24th. Stockholders of record on Tuesday, March 31st will be paid a $0.569 dividend. The ex-dividend date is Tuesday, March 31st. This is an increase from Amdocs’s previous quarterly dividend of $0.53. This represents a $2.28 dividend on an annualized basis and a dividend yield of 3.6%. Amdocs’s dividend payout ratio (DPR) is currently 40.81%.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently added to or reduced their stakes in DOX. Harbor Capital Advisors Inc. purchased a new stake in Amdocs in the third quarter valued at $26,000. Root Financial Partners LLC purchased a new position in shares of Amdocs during the 3rd quarter valued at about $26,000. WealthCollab LLC lifted its holdings in shares of Amdocs by 94.5% in the 3rd quarter. WealthCollab LLC now owns 356 shares of the technology company’s stock valued at $29,000 after buying an additional 173 shares during the period. Atlantic Union Bankshares Corp purchased a new stake in shares of Amdocs in the third quarter worth about $37,000. Finally, BOK Financial Private Wealth Inc. purchased a new stake in shares of Amdocs in the fourth quarter worth about $37,000. 92.02% of the stock is currently owned by institutional investors and hedge funds.

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.