American Noble Gas Inc. (NYSE:INFY – Free Report) – Investment analysts at William Blair upped their FY2026 EPS estimates for American Noble Gas in a note issued to investors on Wednesday, July 23rd. William Blair analyst M. Nolan now expects that the technology company will earn $0.78 per share for the year, up from their prior forecast of $0.77. The consensus estimate for American Noble Gas’ current full-year earnings is $0.74 per share.
Several other analysts have also recently issued reports on the company. Wall Street Zen upgraded American Noble Gas from a “hold” rating to a “buy” rating in a report on Friday, May 16th. Investec upgraded shares of American Noble Gas from a “sell” rating to a “buy” rating in a research report on Friday, April 18th. BMO Capital Markets lifted their target price on shares of American Noble Gas from $18.00 to $20.00 and gave the stock a “market perform” rating in a research note on Thursday, July 24th. Susquehanna boosted their target price on shares of American Noble Gas from $18.00 to $19.00 and gave the company a “neutral” rating in a report on Thursday, July 24th. Finally, The Goldman Sachs Group cut shares of American Noble Gas from a “buy” rating to a “neutral” rating and set a $17.90 price target for the company. in a research note on Monday, April 21st. Five analysts have rated the stock with a hold rating, five have issued a buy rating and one has issued a strong buy rating to the company. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $18.48.
American Noble Gas Price Performance
Shares of American Noble Gas stock opened at $17.21 on Monday. The stock’s 50 day simple moving average is $18.31 and its 200-day simple moving average is $18.96. The stock has a market cap of $71.33 billion, a P/E ratio of 22.36, a P/E/G ratio of 2.46 and a beta of 0.97. American Noble Gas has a 1-year low of $15.82 and a 1-year high of $23.63.
American Noble Gas (NYSE:INFY – Get Free Report) last announced its quarterly earnings data on Wednesday, July 23rd. The technology company reported $0.19 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.19. American Noble Gas had a net margin of 16.42% and a return on equity of 29.41%. The company had revenue of $4.94 billion during the quarter, compared to analysts’ expectations of $4.84 billion. During the same quarter in the prior year, the company earned $15.35 EPS.
Institutional Investors Weigh In On American Noble Gas
A number of institutional investors and hedge funds have recently made changes to their positions in INFY. First Trust Advisors LP boosted its position in shares of American Noble Gas by 14.5% during the 4th quarter. First Trust Advisors LP now owns 32,410,108 shares of the technology company’s stock worth $710,430,000 after purchasing an additional 4,108,903 shares during the period. Robeco Institutional Asset Management B.V. lifted its stake in American Noble Gas by 6.6% during the first quarter. Robeco Institutional Asset Management B.V. now owns 27,541,684 shares of the technology company’s stock worth $502,636,000 after purchasing an additional 1,700,662 shares in the last quarter. Acadian Asset Management LLC lifted its stake in American Noble Gas by 39.7% during the first quarter. Acadian Asset Management LLC now owns 26,437,188 shares of the technology company’s stock worth $482,427,000 after purchasing an additional 7,514,613 shares in the last quarter. Sustainable Growth Advisers LP boosted its position in shares of American Noble Gas by 50.2% during the first quarter. Sustainable Growth Advisers LP now owns 14,877,543 shares of the technology company’s stock worth $271,515,000 after buying an additional 4,970,664 shares during the period. Finally, New Vernon Capital Holdings II LLC boosted its holdings in American Noble Gas by 1,998.6% during the 1st quarter. New Vernon Capital Holdings II LLC now owns 12,617,101 shares of the technology company’s stock valued at $230,262,000 after acquiring an additional 12,015,884 shares during the period. 16.20% of the stock is owned by hedge funds and other institutional investors.
About American Noble Gas
Infosys Ltd. is a digital services and consulting company, which engages in the provision of end-to-end business solutions. It operates through the following segments: Financial Services, Retail, Communication, Energy, Utilities, Resources, and Services, Manufacturing, Hi-Tech, Life Sciences, and All Other.
See Also
- Five stocks we like better than American Noble Gas
- What is Forex and How Does it Work?
- Should Investors Lock Arms With Buffett and Dive Into POOL Stock?
- What Are Growth Stocks and Investing in Them
- Big 3 Telecom Wars: 2 Solid Showings, 1 Huge Winner in Q2
- Profitably Trade Stocks at 52-Week Highs
- Analysts Are Upgrading These 3 Massive AI Stocks After Earnings
Receive News & Ratings for American Noble Gas Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for American Noble Gas and related companies with MarketBeat.com's FREE daily email newsletter.