Informatica Corporation (NASDAQ:INFA) a Hold: Nomura Holdings

In a research note issued to investors, Rick Sherlund at Nomura Holdings Reiterated their Hold rating on Informatica Corporation (NASDAQ:INFA). The analyst placed a $45.00 price target on the stock which indicates a 2.37% upside to the last closing price. In the year following Sherlund’s ratings, the stocks covered yield an average return of 11.50% according to In the past year 98 out of 141 recommendations or 70% were successful.

Wall Street analysts have placed a target price of $43.6 for Informatica Corporation (NASDAQ:INFA). This number is based on the mean consensus estimate from the 15 research firms that recently issued reports on the stock.

The average broker recommendation is arithmetical average of the individual ratings contributed by sell-side analysts to produce a Consensus Analyst Rating for each stock. On a scale of 1 to 5 where 1 is a Strong Buy and 5 is a Strong Sell, has the stock ranked 2.32 based on 15 broker recommendations. Of the 15 analysts who have issued estimates, the most bullish sees the stock reaching $52 within the next 12 months while the most conservative sees the stock at $35 within the year.

According to analysts, Informatica Corporation (NASDAQ:INFA) is expected to report earnings per share for the current fiscal quarter of $0.25. This is the consensus mean estimate based on the individual covering sell-side analysts’ reported numbers. The company last reported earnings for the period ending on 2014-12-31 of $0.45. The reported number was 0.02 away from the consensus estimate, or a surprise factor of 4.65 .

In looking at the long term growth prospects of the company, sell-side analysts have a consensus mean earnings per share estimate for the current year of $1.26. The high end estimate for this time frame is $1.48 with the low being $1.12.

Informatica Corporation (Informatica) is an independent provider of enterprise data integration and data quality software and services. The Company’s software solutions enable a variety of complex enterprise data integration initiatives through the technologies, which include enterprise data integration, data quality, master data management, business to business (B2B) data exchange, application information lifecycle management, complex event processing, ultra messaging, and cloud data integration. In June 2011, it introduced the version of its flagship product, the Informatica 9.1 Platform for big data. In November 2011, it introduced Informatica HParser. In June 2011, it acquired WisdomForce Technologies, Inc. (‘WisdomForce). In July 2011, it acquired of ActiveBase Ltd. (ActiveBase). In October 2011, it acquired certain assets from Sand Technology relating to their Information Lifecycle Management for SAP product line.