Informatica (NYSE:INFA) Posts Quarterly Earnings Results, Misses Estimates By $0.17 EPS

Informatica (NYSE:INFA) issued its earnings results on Thursday. The technology company reported $0.21 EPS for the quarter, missing analysts’ consensus estimates of $0.38 by ($0.17), Zacks reports. Informatica had a return on equity of 5.29% and a net margin of 3.89%. Informatica updated its FY 2025 guidance to EPS and its Q1 2025 guidance to EPS.

Informatica Stock Down 3.6 %

Informatica stock traded down $0.95 during trading hours on Thursday, hitting $25.16. 4,193,623 shares of the stock traded hands, compared to its average volume of 1,228,464. Informatica has a one year low of $22.08 and a one year high of $39.80. The firm’s 50-day moving average price is $25.84 and its two-hundred day moving average price is $25.50. The company has a current ratio of 2.17, a quick ratio of 2.17 and a debt-to-equity ratio of 0.75. The company has a market cap of $7.68 billion, a PE ratio of 119.79, a PEG ratio of 3.65 and a beta of 0.99.

Informatica announced that its Board of Directors has approved a stock buyback program on Wednesday, October 30th that authorizes the company to repurchase $400.00 million in shares. This repurchase authorization authorizes the technology company to repurchase up to 5.1% of its stock through open market purchases. Stock repurchase programs are typically a sign that the company’s board of directors believes its stock is undervalued.

Analyst Ratings Changes

INFA has been the topic of a number of recent research reports. UBS Group raised their price objective on Informatica from $27.00 to $30.00 and gave the company a “neutral” rating in a research note on Thursday, October 31st. Cantor Fitzgerald assumed coverage on Informatica in a research report on Friday, January 17th. They set a “neutral” rating and a $29.00 price target on the stock. Truist Financial initiated coverage on Informatica in a research report on Thursday, December 12th. They issued a “buy” rating and a $34.00 price objective for the company. JPMorgan Chase & Co. cut their target price on shares of Informatica from $38.00 to $34.00 and set an “overweight” rating on the stock in a report on Friday, October 25th. Finally, Guggenheim reaffirmed a “buy” rating and issued a $37.00 target price on shares of Informatica in a research note on Friday, January 31st. Four equities research analysts have rated the stock with a hold rating and eight have assigned a buy rating to the stock. Based on data from MarketBeat.com, Informatica presently has an average rating of “Moderate Buy” and a consensus price target of $32.92.

Insider Buying and Selling

In other news, EVP John Arthur Schweitzer sold 10,734 shares of the firm’s stock in a transaction on Monday, December 16th. The stock was sold at an average price of $27.05, for a total transaction of $290,354.70. Following the completion of the transaction, the executive vice president now directly owns 353,778 shares in the company, valued at $9,569,694.90. This trade represents a 2.94 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, CAO Mark Pellowski sold 10,035 shares of the stock in a transaction dated Monday, December 16th. The shares were sold at an average price of $27.06, for a total transaction of $271,547.10. Following the sale, the chief accounting officer now directly owns 138,477 shares in the company, valued at $3,747,187.62. This trade represents a 6.76 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 48.10% of the stock is owned by insiders.

About Informatica

Informatica Inc develops an artificial intelligence-powered platform that connects, manages, and unifies data across multi-vendor, multi-cloud, and hybrid systems at enterprise scale worldwide. Its platform includes a suite of interoperable data management products, including data integration products to ingest, transform, and integrate data; API and application integration products that enable users to create and manage APIs and integration processes for app-to-app synchronization, business process orchestration, B2B partner management, application development, and API management; data quality and observability products to profile, cleanse, standardize, observe, and monitor data to deliver accurate, complete, and consistent data; and master data management products to create an authoritative single source of truth of business-critical data.