The shares of Infosys Limited (NYSE:INFY) has been pegged with a rating of Reduce by Nomura in its latest research note that was published on April 15th, 2019. Nomura wasn’t the only research firm that published a report of Infosys Limited, with other equities research analysts also giving their opinion on the stock. Morgan Stanley advised investors in its research note published on April 15th, 2019, to Equal-Weight the INFY stock. The stock had earned Hold rating from Investec when it published its report on April 15th, 2019. The stock was given Underperform rating by Credit Suisse in its report released on April 15th, 2019. Citigroup was of a view that INFY is Neutral in its latest report on April 15th, 2019. Morgan Stanley thinks that INFY is worth Overweight rating. This was contained in the firm’s report on January 15th, 2019.
Amongst the analysts that rated the stock, 0 have recommended investors to sell it, 13 believe it has the potential for further growth, thus rating it as Hold while 1 advised investors to purchase the stock. The consensus currently stands at a Hold while its average price target is $10.74. The price of the stock the last time has raised by 18.93% from its Week high price while it is raised higher than its 52-Week low price. A look at the stock’s other technical shows that its 14-day RSI now stands at 43.29.
The shares of the company added by 0.39% during the trading session on Wednesday, reaching a low of $10.18 while ending the day at $10.22. During the trading session, a total of 8.64 million shares were traded which represents a 14.89% incline from the average session volume which is 10.15M shares. INFY had ended its last session trading at 10.18. Infosys Limited currently has a market cap of $45.29B, while its P/E ratio stands at 20.24, while its P/E earnings growth sits at 3.84, with a beta of 0.55. Infosys Limited debt-to-equity ratio currently stands at 0.00, while its quick ratio hovers at 2.80. INFY 52-week low price stands at $8.59 while its 52-week high price is $11.38.
The company in its last quarterly report recorded $0.13 earnings per share which is below the $0.13 predicted by most analysts. The Infosys Limited generated $3,060.00 million in revenue during the last quarter, which is slightly higher than the $3,053.11 million predicted by analysts. In the second quarter last year, the firm recorded $0.13 earnings per share. Compared to the same quarter last year, the firm’s revenue was down by 0%. Infosys Limited has the potential to record 0.51 EPS for the current fiscal year, according to equities analysts.
Investment analysts at Evercore ISI published a research note on March 20th, 2019 where it informed investors and clients that Qurate Retail, Inc. (NASDAQ:QRTEA) is now rated as In-line. Their price target on the stock stands at $20. Morgan Stanley also rated QRTEA as Downgrade on April 15th, 2019, with its price target of $2 suggesting that QRTEA could surge by 32.28% from its current share price. Even though the stock has been trading at $13.86/share, analysts expect it to surge higher by -2.96% to reach $19.86/share. It started the day trading at $14.03 and traded between $13.00 and $13.45 throughout the trading session.
A look at its technical shows that QRTEA’s 50-day SMA is 16.23 while its 200-day SMA stands at 20.06. The stock has a high of $25.03 for the year while the low is $11.17. The company’s P/E ratio currently sits at 10.42, while the P/B ratio is 1.07. At the moment, only of Qurate Retail, Inc. shares were sold short. The company’s average trading volume currently stands at 4.10M shares, which means that the short-interest ratio is just 3.11 days. Over the past seven days, the company moved, with its shift of 5.49%. Looking further, the stock has dropped -37.62% over the past 90 days while it lost -42.32% over the last six months.
The change in the stock’s fortunes has led to several institutional investors altering their holdings of the stock. Dodge Cox bought more QRTEA shares, increasing its portfolio by +4.68% during the last quarter. This move now sees Dodge Cox purchasing 2,530,850 shares in the last quarter, thus it now holds 56,553,024 shares of QRTEA, with a total valuation of $964,229,059. The Vanguard Group Inc meanwhile bought more QRTEA shares in the recently filed quarter, changing its stake to $631,204,623 worth of shares. Harris Associates LP followed the path by decreasing its QRTEA portfolio by -2.12% in the quarter. This means that Harris Associates LP sold -584,906 shares in the last quarter and now controls 27,025,692 shares of the QRTEA stock, with the valuation hitting $460,788,049.
Similarly, BlackRock Fund Advisors increased its Qurate Retail, Inc. shares by +0.26% during the recently filed quarter. After buying 42,488 shares in the last quarter, the firm now controls 16,119,840 shares of Qurate Retail, Inc. which are valued at $274,843,272. In the same vein, FPR Partners LLC increased its Qurate Retail, Inc. shares by during the most recent reported quarter. The firm bought 1,709,647 shares during the quarter which increased its stakes to 13,694,944 shares and is now valued at $233,498,795. Following these latest developments, around 0.50% of Qurate Retail, Inc. stocks are owned by institutional investors and hedge funds.