Heres What Key Metrics Tell Us About Amdocs Q2 Earnings
| DOX Stock | USD 89.67 0.28 0.31% |
Slightly above 54% of Amdocs' investor base is interested to short. The analysis of overall sentiment of trading Amdocs stock suggests that many investors are impartial at this time. Amdocs' investing sentiment can be driven by a variety of factors including economic data, Amdocs' earnings reports, geopolitical events, and overall market trends.
Although the revenue and EPS for Amdocs give a sense of how its business performed in the quarter ended March 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
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Amdocs Fundamental Analysis
We analyze Amdocs' financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Amdocs using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Amdocs based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Short Ratio
Short Ratio Comparative Analysis
Amdocs is currently under evaluation in short ratio category among its peers. Short Ratio is typically used by traders and speculators to identify trends in current market sentiment for a particular equity instrument. In its simple terms this ratio shows how many days it will take all current short sellers to cover their positions if the price of a stock begins to rise.
Amdocs Potential Pair-trading
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Amdocs stock to make a market-neutral strategy. Peer analysis of Amdocs could also be used in its relative valuation, which is a method of valuing Amdocs by comparing valuation metrics with similar companies.
Peers
Amdocs Related Equities
| CCSI | Consensus Cloud | 3.98 | ||||
| CYBR | CyberArk Software | 2.06 | ||||
| AKAM | Akamai Technologies | 0.68 | ||||
| CHKP | Check Point | 0.31 | ||||
| GB | Global Blue | 0.27 | ||||
| EVTC | Evertec | 0.03 | ||||
| CSGS | CSG Systems | 0.35 | ||||
| VRSN | VeriSign | 0.47 | ||||
| FFIV | F5 Networks | 0.89 | ||||
| WEX | Wex | 1.03 | ||||
| QLYS | Qualys | 1.05 |
Additional Tools for Amdocs Stock Analysis
When running Amdocs' price analysis, check to measure Amdocs' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Amdocs is operating at the current time. Most of Amdocs' value examination focuses on studying past and present price action to predict the probability of Amdocs' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Amdocs' price. Additionally, you may evaluate how the addition of Amdocs to your portfolios can decrease your overall portfolio volatility.