Amdocs
About: Amdocs Ltd is a provider of software and services to communications, cable and satellite, entertainment, and media industry service providers. The Company and its subsidiaries operate in one operating segment, providing software products and services for the communications, entertainment and media industry service being designed, develop, market, support, implement, and operate its open and modular cloud offering. The company offers business support systems, operational support systems, and managed services. Geographically, it derives a majority of revenue from North America and also has a presence in Europe and the Rest of the world.
Employees: 29,058
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
33% more funds holding in top 10
Funds holding in top 10: 3 [Q2] → 4 (+1) [Q3]
11% more repeat investments, than reductions
Existing positions increased: 196 | Existing positions reduced: 177
9% more capital invested
Capital invested by funds: $8.62B [Q2] → $9.36B (+$744M) [Q3]
0.48% less ownership
Funds ownership: 94.18% [Q2] → 93.71% (-0.48%) [Q3]
9% less first-time investments, than exits
New positions opened: 67 | Existing positions closed: 74
1% less funds holding
Funds holding: 500 [Q2] → 493 (-7) [Q3]
39% less call options, than puts
Call options by funds: $4.02M | Put options by funds: $6.59M
Research analyst outlook
3 Wall Street Analysts provided 1 year price targets over the past 3 months
3 analyst ratings
Barclays Tavy Rosner 50% 1-year accuracy 6 / 12 met price target | 28%upside $111 | Overweight Maintained | 14 Nov 2024 |
Oppenheimer Timothy Horan 62% 1-year accuracy 13 / 21 met price target | 21%upside $105 | Outperform Maintained | 13 Nov 2024 |
Stifel Shlomo Rosenbaum 61% 1-year accuracy 11 / 18 met price target | 15%upside $100 | Buy Initiated | 2 Oct 2024 |
Financial journalist opinion
Based on 4 articles about DOX published over the past 30 days