Infosys stock: buy or sell
Updated on:
Apr 22nd, 2021
2
Infosys stock brief
- Infosys Limited closed on Wednesday at $18.10 after slightly changing a 0.39%.
- Infosys Limited presented its financial report on April 14
- Susquehanna posted a hold rating for Infosys Limited last Monday, with a target of $21.00
- Infosys Limited, together with its subsidiaries, provides consulting, technology, outsourcing, and next-generation digital services in North America, Europe, India, and internationally.
Should I buy Infosys Limited stock?
All successful traders recommend adhering to a trading strategy and not make decisions based on subjective opinions, rumors or feelings. Trading strategies are meant for helping you in the decision process of what stocks to pick and when is the best moment to buy them. At Stocks2.com, we like to use very simple but trusted and powerful trend following trading strategies. Simple things usually work the best
Is $INFY stock a buy?
In the current situation of Infosys Limited there is not any eligible buy setup. This doesn't mean $INFY will slide in coming sessions, or it will not rise higher. Simply, it doesn't match our recommended trading systems
Should I sell Infosys Limited stock?
When you own a stock with some profit, it's really hard to decide the best moment to sell and get your benefits. Like when we have to buy shares, determining when is appropiate to sell is not a whimsy decision, and we must follow our own trading strategy. When selling, as well as buying, detailed strategies are very easy to follow but are only applicable for selling stocks you already own, not for selling short Infosys Limited stock
As a rule of thumb, you should never hold an investment that produces higher than expected losses by the time of purchase. When to sell shares must always be dictated by the stop-loss (automatic or manual)
Is it time to sell Infosys Limited stock?
In the current situation of Infosys Limited there is not any eligible sell setup, so Infosys Limited stock holders with operations in green can keep their positions
Infosys Limited ratings
In the last 30 days, 6 ratings were published for Infosys Limited
| Brokerage firm | Rating |
|---|---|
| Mar 23rd, 2021 | |
| Sanford C. Bernstein | |
| Mar 29th, 2021 | |
| Sanford C. Bernstein | |
| Apr 12th, 2021 | |
| Susquehanna Bancshares | Neutral |
| Apr 13th, 2021 | |
| Susquehanna | Neutral |
| Apr 14th, 2021 | |
| Robert W. Baird | Sell |
| Apr 19th, 2021 | |
| Susquehanna | Neutral |
Infosys Limited stock analysis
SMAs overview
Supports and resistances
The current resistances are:
The current supports are:
Bollinger bands
Since the price broke down the lower band on April 14, the price has bounced off by 4.99%
Relative strength index
The has been between the levels of 70 and 30 for some weeks, and therefore, without this indicator really being of any help to us in making any decisions.
Infosys Limited stock price history
Infosys Limited went public priced at an adjusted price1 of $0.41 on Mar 1999. Since then, INFY stock surged by 4,314.63%, with an average of 196.12% per year. An investment of thousand dollars at that time would have a value of $44,146.34 today.
1: Adjusted price after possible price splits or reverse-splits
Price target for Infosys Limited stock
Nobody can predict how much a share will be priced tomorrow. Banks and financial organisations post their analysis forecasting how a particular stock will performance in the future.
The following table shows the price target posted by brokerage institutions for the last 30 days. Again, these estimates are not direct recommendations for individual investors and should not be trusted blindly.
There are 5 price predictions published for Infosys Limited that average $20.56. Infosys Limited closed at $18.10 on Wednesday, so the target price is expecting an increase by 13.59%.
| Brokerage firm | Price target |
|---|---|
| Mar 23rd, 2021 | |
| Sanford C. Bernstein | Not available |
| Mar 29th, 2021 | |
| Sanford C. Bernstein | $20.33 → $21.80 |
| Apr 12th, 2021 | |
| Susquehanna Bancshares | $19.00 → $21.00 |
| Apr 13th, 2021 | |
| Susquehanna | $19.00 → $21.00 |
| Apr 14th, 2021 | |
| Robert W. Baird | $17.00 → $18.00 |
| Apr 19th, 2021 | |
| Susquehanna | $19.00 → $21.00 |
Earnings and financials
On April 14, Infosys Limited ($INFY) posted EPS for that met analysts' expectations. Quarterly EPS was $0.16 per share versus the estimated $0.16. The company reported turnover was $3.6 billion aligned with the market forecasts as well.
For comparison, the EPS for the same quarter last year was $0.14, so current EPS is a improvement of 14.29%. Sales skyrocketed a 13.01% on an annualized basis in the , from $32.0B to $36.1B last quarter.Infosys ($INFY) is releasing earnings report next July.
Infosys Limited performance
| Company | 1m | 3m | 6m |
|---|---|---|---|
| Infosys Limited ($INFY) | -4.50% | -1.60% | 19.40% |
Please read:
The viewpoints written in this article are personal and not recommendations for you to buy or sell shares. The author of this paper does not have any knowledge of the specific conditions of the reader, his or her finances or his or her own best interests at any given time. All users should speak with their financial advisor before buying or selling any securities Opinions are published for educative reasons onlyInfosys summary
| Wednesday, April 21st, 2021 | |
|---|---|
| Open | $17.98 |
| Close | $18.1 |
| Day range | $17.91 - $18.2 |
| Previous close | $18.03 |
| Session gain | 0.39% |
| Average true range | $0.60 |
| 50d mov avg | $18.38 |
| 100d mov avg | $17.63 |
| 200d mov avg | $15.51 |
| Earnings date | July 14th, 2021 |