Micro Focus International plc (NYSE:MFGP – Get Rating) – Equity research analysts at Jefferies Financial Group have released their earnings per share (EPS) estimates for Micro Focus International’s fiscal year 2022 in a published research note Wednesday, June 22. Jefferies Financial Group analyst C. Brennan expects the company to post earnings of $1.09 per share for the year. The consensus estimate of Micro Focus International’s current annual earnings is $1.36 per share. Jefferies Financial Group also released estimates for Micro Focus International’s fiscal year 2023 earnings at $0.96 EPS and fiscal year 2024 earnings at $1.01 EPS.
Shares of Micro Focus International opened at $3.68 on Monday. The stock’s 50-day moving average is $4.59 and its 200-day moving average is $5.11. Micro Focus International has a one-year low of $3.47 and a one-year high of $7.59. The company has a debt ratio of 1.57, a quick ratio of 1.02 and a current ratio of 0.85.
A number of institutional investors and hedge funds have recently increased or reduced their stake in MFGP. True North Advisors LLC acquired a new position in Micro Focus International during the fourth quarter for a value of approximately $167,000. Campbell & CO Investment Adviser LLC acquired a new position in shares of Micro Focus International in the fourth quarter worth approximately $1,022,000. Davy Global Fund Management Ltd increased its position in shares of Micro Focus International by 82.2% in the fourth quarter. Davy Global Fund Management Ltd now owns 302,309 shares in the company valued at $1,684,000 after purchasing an additional 136,370 shares in the last quarter. Crédit Agricole SA increased its position in Micro Focus International shares by 35,714.3% in the fourth quarter. Crédit Agricole SA now owns 10,028 shares in the company valued at $56,000 after buying an additional 10,000 shares in the last quarter. Finally, Atlas Capital Advisors LLC increased its position in Micro Focus International shares by 160.0% in the fourth quarter. Atlas Capital Advisors LLC now owns 24,636 shares of the company valued at $137,000 after purchasing an additional 15,162 shares in the last quarter. Institutional investors and hedge funds own 20.63% of the company’s shares.
Micro Focus International Company Profile (Get an evaluation)
Micro Focus International plc operates in the enterprise software industry in the UK, USA, Germany, Canada, France, Japan and internationally. It offers infrastructure software products that are managed on a portfolio. The company’s product portfolio includes industry-neutral products such as application modernization and connectivity solutions that help customers unlock the value of core business applications for modernization, enabling a transformational journey to deliver continued value and flexibility from IT investments, on or off the CPU; application delivery management solutions that help customers increase speed, eliminate bottlenecks, and deliver high-performance applications to support their digital business; and IT operations management solutions for service assurance, automating the service execution lifecycle, and strengthening IT service governance.
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