How to Buy Infosys Stock
Infosys Ltd
Infosys is a information technology service company located in India, which is part of the Technology sector, and is traded under the ticker INFY on the NYSE exchange.
Infosys stock last closed at $16.90, down 1.23% from the previous day, and has decreased 24.82% in one year. It has overperformed other stocks in the Information Technology Services industry by 0.01 percentage points. Infosys stock is currently +3.11% from its 52-week low of $16.39, and -35.96% from its 52-week high of $26.39.
At the moment, there are 4.21B shares of INFY outstanding. The market capitalization of INFY is $71.09B. In the last 24 hours, 6.04M INFY shares were traded.
How to Buy Infosys Stock
Not sure how to invest in Infosys stock? Here's how.
- Choose where to buy Infosys stock: You need to choose a stock brokerage, but don't worry - we've tested dozens of online brokerages and apps to help you figure out where to buy Infosys stock.
- Sign up for your brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've selected. It's the best place to buy INFY stock.
- Deposit money your brokerage account: Pick your payment method and add your details.
- Evaluate Infosys stock: The Infosys ticker symbol is INFY. Is Infosys stock a good investment? Should you buy shares of INFY? How do INFY's underlying business fundamentals look? Do top analysts think Infosys is a good buy? Why has INFY's stock price moved recently? (Hint: Our stock market analysis website can help you evaluate if INFY is a good stock to buy).
- Place your INFY trade: Decide if you will purchase INFY shares at the current market price or use a limit order to buy INFY stock at a particular price.
- Get notifications regarding your INFY position: Create a watchlist to keep track of your new investment in Infosys stock.
Step 1: Choose where to buy Infosys stock
You will need a brokerage account in order to access the NYSE market and buy INFY stock.
Our recommended brokerage: eToro
In our opinion, eToro is the best place to buy stocks. Here's why:
- You can invest in stocks with 0% commissions: Invest without commissions.
- Buy fractional shares: Even if you don't have the money to buy a full share, you can still purchase the stock.
- Access to global financial markets: From Tech to Financial Services, New York to London — you can fill your portfolio with stocks from the globe's leading exchanges.
- Social investing: eToro boasts a community of more than 20 million users around the world. Talk to, learn from, and copy the trades of top investors.
- Security: eToro is a regulated and licensed fintech leader.
- Buy other assets: Such as ETFs, commodities, cryptos, and currencies (forex).
Get $10 towards your your INFY share purchase by creating an account with eToro today.
Open eToro AccountStep 2: Sign up for your brokerage account
Now that you've chosen the next step is brokerage, picked to fill out some personal info so you can buy INFY today.
How to Create a New Investment Account on eToro
- Click here to get started.
- Enter your personal info to start your new brokerage account.
- Submit your details by clicking the "Create Account" button.
Step 3: Deposit money your brokerage account
Watch the video below if you need help depositing money into your brokerage account.
Step 4: Evaluate Infosys stock
It's very important to analyze stocks before you buy, so you can comprehend the risk and upside.
Infosys shares at a glance
Infosys Zen Score
WallStreetZen was created to help average investors do more accurate fundamental analysis.
You can see all of the due diligence checks on INFY's stock page.
Is INFY stock properly valued?
Investors use a variety of different financial metrics, analyses, models, and charts to gauge INFY's intrinsic value.
Using relative valuations ratios:
- INFY could be overvalued based on its P/E ratio of 24.14x, relative to Information Technology Services industry P/E ratio of 20.69x
- INFY could be overvalued based on its P/B ratio of 7.15x, relative to Information Technology Services industry P/B ratio of 3.3x
- INFY may be overvalued based on its PEG ratio of 2.61x
You can do additional valuation research on INFY's stock here.
INFY Financial Health
Pros:
- INFY's operating cash flow of $4.37B allows it to safely service it's debt of $722.00M.
- INFY earnings of $4.06B is not sufficient to cover its interest payments.
- There are more short-term assets than long-term liabilities on the INFY balance sheet.
- There are more short-term assets than short-term liabilities on the INFY balance sheet.
Cons:
- INFY has a relatively high debt to equity ratio of 0.56.
- Total INFY debt is higher than 5 years ago, relative to shareholder equity.
- INFY profit margin has gone down from 19.3% to 18.2% in the past year.
Do Wall Street analysts think it's a good time to buy INFY stock
Out of 6 sell side analysts who give forecasts on INFY, the consensus analyst rating on INFY is a Hold
Should I buy or sell INFY stock?
Based on 6 analysts offering ratings for Infosys Ltd.
Most Recent INFY Analyst Forecasts
James Friedman, a bottom 9% analyst from Susquehanna downgrades INFY to a hold rating and lowers their INFY price target from $29.00 to $20.00, on Sep 16, 2022.
Sumeet Jain, a top 30% analyst from Goldman Sachs downgrades INFY to a strong sell rating, on Sep 13, 2022.
Keith Bachman, a bottom 8% analyst from BMO Capital maintains INFY with a hold rating and lowers their INFY price target from $25.00 to $21.00, on Jul 26, 2022.
Moshe Katri, a top 13% analyst from Wedbush maintains INFY with a buy rating and lowers their INFY price target from $30.00 to $25.00, on Jul 25, 2022.
Kunal Tayal, a top 34% analyst from Bank of America downgrades INFY to a hold rating and announces their INFY price target of $24.50, on Feb 24, 2022.
You can dive deeper into what analysts are projecting on the Infosys stock forecast page.
INFY Trading Indicators
Is INFY Growing Revenue?
Last year, INFY earnings were $2.96B. During the last 5 year, INFY's earnings have gone up by 8.29% per year. This was slower than the Information Technology Services industry average of 9.01%.
Last year, INFY revenue was $16.31B. In the past 5 year, INFY's revenue has grown by 9.83% per year. This was slower than the Information Technology Services industry average of 11.53%.
You can research INFY's earnings and revenue performance here.
Are INFY executives and large shareholders buying or selling the stock?
In the last year, insiders at INFY have not bought or sold any shares.
Learn more about who owns INFY stock here.
Can I get consistent income from INFY stock?
Infosys pays a dividend of 2.42%, compared to the Information Technology Services industry's average dividend yield of 1.88%. If you owned $1,000 of INFY stock, you would have received $24.22 in the past year.
Infosys dividend payments have consistently grown over the past decade but have not remained stable.
Get more data about Infosys dividend yield and history here.
What do other traders have to say about INFY?
One of the primary reasons eToro is our top-rated brokerage is because of its social trading community.
Click below to learn what other community members have to say.
Step 5: Place your INFY trade
You have two main types of orders:
- Market order: A market order is an order to buy or sell a security at the best price on the market.
Market orders are mostly the easiest way to buy. - Limit order: A limit order allows you to buy or sell a security at a specific price (or better).
If you want to make sure you're buying or selling at a particular price, use a limit order.
Press the Open button and your broker will place your order.
If you need additional info about buying stocks on eToro, watch the helpful video below:
Step 6: Get notifications regarding your INFY position
Now that you own some INFY shares, you'll want to stay up-to-date on your stock purchase.
Make a watchlist to monitor your INFY stock.
INFY Feed
How to Buy Stock in Infosys
To summarize, here are the 6 steps you need to take to buy Infosys stock right now:
- Choose where to buy Infosys stock
- Sign up for your brokerage account
- Deposit money your brokerage account
- Evaluate Infosys stock
- Place your INFY trade
- Get notifications regarding your INFY position
If you require a online brokerage, eToro is our recommended option.
Get Started with eToro TodayIf you would like to watch your investment in Infosys, add INFY to your watchlist by clicking the button below.
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