By Mill Chart
Last update: Feb 2, 2024
In this article we will dive into INFOSYS LTD-SP ADR (NYSE:INFY) as a possible candidate for growth investing. Investors should always do their own research, but we noticed INFOSYS LTD-SP ADR showing up in our strong growth, ready to breakout screen, which makes it worth to investigate a bit more.
A key component of ChartMill's stock assessment is the Growth Rating, which spans from 0 to 10. This rating evaluates diverse growth factors, such as EPS and revenue growth, considering both past performance and future projections. NYSE:INFY has received a 8 out of 10:
ChartMill assigns a Health Rating to every stock. This score ranges from 0 to 10 and evaluates the different health aspects like liquidity and solvency, both absolutely, but also relative to the industry peers. NYSE:INFY scores a 8 out of 10:
ChartMill utilizes a Profitability Rating to assess stocks, scoring them on a scale of 0 to 10. This rating takes into account a variety of profitability ratios and margins, both in absolute terms and in comparison to industry peers. NYSE:INFY has earned a 7 out of 10:
ChartMill incorporates a Setup Rating in its analysis, which measures the extent of consolidation in a stock over recent days and weeks. This rating, ranging from 0 to 10, is updated daily and takes into account multiple short-term technical indicators. The current setup rating for NYSE:INFY is 7:
Besides having an excellent technical rating, INFY also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 20.22. Right above this resistance zone may be a good entry point. We notice that large players showed an interest for INFY in the last couple of days, which is a good sign.
More Strong Growth stocks can be found in our Strong Growth screener.
For an up to date full fundamental analysis you can check the fundamental report of INFY
For an up to date full technical analysis you can check the technical report of INFY
Important Note: The content of this article is not intended as trading advice. It is essential to perform your own analysis and exercise caution when making trading decisions. The article presents observations created by automated analysis but does not guarantee any trading or investment outcomes. Always trade responsibly and make independent judgments.
INFOSYS LTD-SP ADR
NYSE:INFY (4/19/2024, 3:15:00 PM)
After market: 16.75 -0.06 (-0.36%)16.81
+0.3 (+1.82%)
INFY stock results show that Infosys beat analyst estimates for earnings per share and beat on revenue for the fourth quarter of 2024.
Infosys Ltd (NYSE: INFY) reported fourth-quarter revenue growth of 0.2% year-on-year to $4.56 billion, beating the consensus of $4.52 billion. Revenues in constant currency (CC) terms remained flat year over year and declined by 2.2% quarter over quarter. EPS of $0.23 beat the Street analyst estimate of $0.17, up from $0.18 a year ago. TCV's significant deal win was $4.5 billion. The operating margin declined by 90 bps to 20.1%. Infosys held $1.8 billion in cash and equivalents as of March 31, 2
/PRNewswire/ -- Infosys (NSE: INFY) (BSE: INFY) (NYSE: INFY), a global leader in next-generation digital services and consulting, delivered $18.6 billion in...
/CNW/ -- Infosys (NSE: INFY) (BSE: INFY) (NYSE: INFY), a global leader in next-generation digital services and consulting, delivered $18.6 billion in FY24...
/PRNewswire/ -- Infosys (NSE: INFY) (BSE: INFY) (NYSE: INFY), a global leader in next-generation digital services and consulting, delivered $18.6 billion in...
/PRNewswire/ -- Infosys (NSE: INFY) (BSE: INFY) (NYSE: INFY) a global leader in next-generation digital services and consulting, today announced a definitive...
/CNW/ -- Infosys (NSE: INFY) (BSE: INFY) (NYSE: INFY) a global leader in next-generation digital services and consulting, today announced a definitive...
/PRNewswire/ -- Infosys (NSE: INFY) (BSE: INFY) (NYSE: INFY), a global leader in next-generation digital services and consulting, and Intel, a global leader in...
/CNW/ -- Infosys (NSE: INFY) (BSE: INFY) (NYSE: INFY), a global leader in next-generation digital services and consulting, and Intel, a global leader in...
/PRNewswire/ -- Infosys Finacle, part of EdgeVerve Systems, a wholly-owned subsidiary of Infosys (NSE: INFY), (BSE: INFY), (NYSE: INFY), and Zand Bank (Zand),...