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NYSE:INFY—A High-Growth Stock Gearing Up for Its Next Upward Move.

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.

What does the Growth looks like for NYSE:INFY

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:

  • INFY shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 9.80%, which is quite good.
  • Measured over the past years, INFY shows a quite strong growth in Earnings Per Share. The EPS has been growing by 10.15% on average per year.
  • Looking at the last year, INFY shows a quite strong growth in Revenue. The Revenue has grown by 12.97% in the last year.
  • INFY shows quite a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 15.79% yearly.
  • Based on estimates for the next years, INFY will show a quite strong growth in Earnings Per Share. The EPS will grow by 8.90% on average per year.
  • The Revenue is expected to grow by 165.07% on average over the next years. This is a very strong growth
  • When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.

Deciphering NYSE:INFY's Health Rating

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:

  • INFY has an Altman-Z score of 11.58. This indicates that INFY is financially healthy and has little risk of bankruptcy at the moment.
  • With an excellent Altman-Z score value of 11.58, INFY belongs to the best of the industry, outperforming 95.18% of the companies in the same industry.
  • INFY has a debt to FCF ratio of 0.40. This is a very positive value and a sign of high solvency as it would only need 0.40 years to pay back of all of its debts.
  • With an excellent Debt to FCF ratio value of 0.40, INFY belongs to the best of the industry, outperforming 87.95% of the companies in the same industry.
  • INFY has a Debt/Equity ratio of 0.08. This is a healthy value indicating a solid balance between debt and equity.
  • INFY has a better Debt to Equity ratio (0.08) than 74.70% of its industry peers.
  • INFY has a Current ratio of 1.98. This is in the better half of the industry: INFY outperforms 62.65% of its industry peers.
  • INFY has a better Quick ratio (1.98) than 63.86% of its industry peers.

Profitability Insights: NYSE:INFY

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:

  • INFY's Return On Assets of 19.09% is amongst the best of the industry. INFY outperforms 96.39% of its industry peers.
  • The Return On Equity of INFY (30.79%) is better than 93.98% of its industry peers.
  • The Return On Invested Capital of INFY (26.07%) is better than 96.39% of its industry peers.
  • Measured over the past 3 years, the Average Return On Invested Capital for INFY is significantly above the industry average of 14.23%.
  • The 3 year average ROIC (24.02%) for INFY is below the current ROIC(26.07%), indicating increased profibility in the last year.
  • INFY's Profit Margin of 16.29% is amongst the best of the industry. INFY outperforms 96.39% of its industry peers.
  • INFY's Operating Margin of 21.40% is amongst the best of the industry. INFY outperforms 95.18% of its industry peers.

How does the Setup look for NYSE:INFY

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

Keep in mind

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.

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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 News

News Imagea day ago - InvestorPlaceINFY Stock Earnings: Infosys Beats EPS, Beats Revenue for Q4 2024

INFY stock results show that Infosys beat analyst estimates for earnings per share and beat on revenue for the fourth quarter of 2024.

News Imagea day ago - Yahoo FinanceInfosys Stock Falls After Q4 Earnings - What's Going On?

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

News Imagea day ago - Market News VideoInteresting INFY Put And Call Options For June 21st
News Imagea day ago - InfosysInfosys: Strong large deal TCV of $4.5 billion in Q4 and record $17.7 billion in FY24 create robust foundation for growth

/PRNewswire/ -- Infosys (NSE: INFY) (BSE: INFY) (NYSE: INFY), a global leader in next-generation digital services and consulting, delivered $18.6 billion in...

News Imagea day ago - InfosysInfosys:Strong large deal TCV of $4.5 billion in Q4 and record $17.7 billion in FY24 create robust foundation for growth

/CNW/ -- Infosys (NSE: INFY) (BSE: INFY) (NYSE: INFY), a global leader in next-generation digital services and consulting, delivered $18.6 billion in FY24...

News Imagea day ago - InfosysInfosys:Strong large deal TCV of $4.5 billion in Q4 and record $17.7 billion in FY24 create robust foundation for growth

/PRNewswire/ -- Infosys (NSE: INFY) (BSE: INFY) (NYSE: INFY), a global leader in next-generation digital services and consulting, delivered $18.6 billion in...

News Imagea day ago - InfosysInfosys to Acquire Leading Engineering R&D services provider, in-tech

/PRNewswire/ -- Infosys (NSE: INFY) (BSE: INFY) (NYSE: INFY) a global leader in next-generation digital services and consulting, today announced a definitive...

News Imagea day ago - InfosysInfosys to Acquire Leading Engineering R&D services provider, in-tech

/CNW/ -- Infosys (NSE: INFY) (BSE: INFY) (NYSE: INFY) a global leader in next-generation digital services and consulting, today announced a definitive...

News Image4 days ago - Market News VideoOversold Conditions For Infosys (INFY)
News Image9 days ago - InfosysInfosys Topaz and Intel Collaborate to Accelerate Enterprise Growth and Efficiency with Generative AI

/PRNewswire/ -- Infosys (NSE: INFY) (BSE: INFY) (NYSE: INFY), a global leader in next-generation digital services and consulting, and Intel, a global leader in...

News Image9 days ago - InfosysInfosys Topaz and Intel Collaborate to Accelerate Enterprise Growth and Efficiency with Generative AI

/CNW/ -- Infosys (NSE: INFY) (BSE: INFY) (NYSE: INFY), a global leader in next-generation digital services and consulting, and Intel, a global leader in...

News Image17 days ago - Infosys FinacleZand Bank Subscribes to Infosys Finacle's Corporate Banking Suite on Microsoft Cloud to Deliver New-Age Banking Experiences

/PRNewswire/ -- Infosys Finacle, part of EdgeVerve Systems, a wholly-owned subsidiary of Infosys (NSE: INFY), (BSE: INFY), (NYSE: INFY), and Zand Bank (Zand),...

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