Workflow
Amdocs (DOX) Moves 6.0% Higher: Will This Strength Last?
AmdocsAmdocs(US:DOX) ZACKS·2025-04-10 14:11

Company Overview - Amdocs (DOX) shares increased by 6% to $85.32 in the last trading session, following a broader market rally after US President Donald Trump's announcement to pause reciprocal tariffs for 90 days [1] - The stock had previously experienced a 9.4% loss over the past four weeks [1] Earnings Expectations - Amdocs is expected to report quarterly earnings of $1.71 per share, reflecting a year-over-year increase of 9.6% [2] - Revenue is anticipated to be $1.12 billion, which is a decrease of 9.8% compared to the same quarter last year [2] Stock Performance and Trends - The consensus EPS estimate for Amdocs has remained unchanged over the last 30 days, indicating that stock price movements may not sustain without trends in earnings estimate revisions [3] - Amdocs currently holds a Zacks Rank of 3 (Hold), suggesting a neutral outlook [3] Industry Context - Amdocs is part of the Zacks Computers - IT Services industry, where CoStar Group (CSGP) also operates [3] - CoStar's stock closed 7.5% higher at $78.70, but has returned -4.7% over the past month [3][4] - CoStar's consensus EPS estimate has remained unchanged at $0.10, indicating no growth compared to the previous year [4]