Infosys Ltd (INFY): Today's Featured Computer Software & Services Laggard
(
) pushed the Computer Software & Services industry lower today making it today's featured Computer Software & Services laggard. The industry as a whole closed the day down 0.1%. By the end of trading, Infosys fell $0.52 (-1.3%) to $40.51 on light volume. Throughout the day, 1,166,440 shares of Infosys exchanged hands as compared to its average daily volume of 2,140,000 shares. The stock ranged in price between $40.41-$41.26 after having opened the day at $40.61 as compared to the previous trading day's close of $41.03. Other companies within the Computer Software & Services industry that declined today were:
(
), down 10.8%,
(
), down 6.8%,
(
), down 6.7% and
(
), down 6.4%.
Infosys Limited provides business consulting, technology, engineering, and outsourcing services worldwide. Infosys has a market cap of $23.5 billion and is part of the technology sector. The company has a P/E ratio of 13.8, below the S&P 500 P/E ratio of 17.7. Shares are down 2.6% year to date as of the close of trading on Monday. Currently there are 3 analysts that rate Infosys a buy, 3 analysts rate it a sell, and 11 rate it a hold.
TheStreet Ratings rates
Infosys
as a
. The company's strengths can be seen in multiple areas, such as its revenue growth, largely solid financial position with reasonable debt levels by most measures and reasonable valuation levels. However, as a counter to these strengths, we also find weaknesses including a generally disappointing performance in the stock itself, unimpressive growth in net income and disappointing return on equity.
- You can view the full Infosys Ratings Report.
On the positive front,
Mediabistro
(
MBIS
), up 11.7%,
(
), up 11.7%,
(
), up 8.7% and
(
), up 8.1% , were all gainers within the computer software & services industry with
(
) being today's featured computer software & services industry leader.
- Use our computer software & services section to find industry-relevant news.
- Or find some new ideas from our top rated stocks lists.
For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the computer software & services industry could consider
iShares S&P NA Tech Software Idx
(
) while those bearish on the computer software & services industry could consider
ProShares Ultra Short Technology
(
).
- Find other investment ideas from our top rated ETFs lists.
null