DOX
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Amdocs Limited (DOX) closed at $64.83 as of 2026-03-20, trading 21.6% below its 200-week moving average of $82.70. This places DOX in the extreme value zone. The stock is currently moving closer to the line, down from -19.8% last week. With a 14-week RSI of 26, DOX is in oversold territory.
Trading volume is running at 1.2x of its 14-week average, which is in the normal range. The balance between buying and selling volume (0.78 ratio) is neutral — neither side is clearly dominating.
Over the past 1400 weeks of data, DOX has crossed below its 200-week moving average 18 times. On average, these episodes lasted 22 weeks. Historically, investors who bought DOX at the start of these episodes saw an average one-year return of +2.7%.
With a market cap of $7.0 billion, DOX is a mid-cap stock. The company generates a free cash flow yield of 8.5%, which is notably high. Return on equity stands at 16.5%, a solid level. The stock trades at 2.0x book value.
The company has been aggressively buying back shares, reducing its share count by 10.3% over the past three years. DOX passes our Buffett quality screen: high return on equity, low debt, and positive free cash flow.
Over the past 26.9 years, a hypothetical investment of $100 in DOX would have grown to $370, compared to $800 for the S&P 500. DOX has returned 5.0% annualized vs 8.0% for the index, underperforming the broader market over this period.
Free cash flow has been growing at a 6.8% compound annual rate, with 4 consecutive years of positive cash generation. A business generating more cash every year while trading below its 200-week moving average is exactly the kind of disconnect value investors look for.
Business Health
Annual financials — how the underlying business has performed over the past several years.
Cash Flow Free cash flow & net income ($M)
Revenue Annual revenue ($M) — business growth proxy
Total Debt Balance sheet debt ($M)
ROIC Return on invested capital (%)
FCF Yield Free cash flow / market cap (%) — Yartseva signal
Gross Margin Pricing power & competitive moat (%)
Shares Outstanding Buybacks vs dilution (millions)
Growth of $100: DOX vs S&P 500
Monthly data normalized to $100 at start. Vertical dashed lines mark 200-week MA touches.
What Happens After DOX Crosses Below the Line?
Across 18 historical episodes, buying DOX when it crossed below its 200-week moving average produced an average return of +1.3% after 12 months (median +20.0%), compared to +12.1% for the S&P 500 over the same periods. 73% of those episodes were profitable after one year. After 24 months, the average return was +19.1% vs +22.8% for the index.
Each line shows $100 invested at the moment DOX crossed below its 200-week MA. Bold blue = stock average. Gray dashed = S&P 500 average over same periods.
Historical Touches
DOX has crossed below its 200-week MA 18 times with an average 1-year return of +2.7% after recovery.
| Crossed Below | Recovered | Weeks | Max Depth | 1-Year Return | Return Since Touch |
|---|---|---|---|---|---|
| Jul 2001 | Jul 2001 | 2 | 8.9% | -79.8% | +93.3% |
| Aug 2001 | Nov 2004 | 173 | 84.5% | -80.6% | +95.3% |
| Dec 2004 | Dec 2004 | 1 | 2.7% | +12.4% | +229.7% |
| Feb 2008 | May 2008 | 16 | 13.3% | -40.6% | +160.6% |
| Jun 2008 | Mar 2010 | 93 | 48.8% | -31.5% | +156.9% |
| May 2010 | Oct 2010 | 23 | 10.6% | -0.3% | +174.9% |
| Nov 2010 | Jan 2011 | 10 | 8.5% | +12.1% | +203.8% |
| Aug 2011 | Sep 2011 | 4 | 4.4% | +24.3% | +215.5% |
| Dec 2018 | Jan 2019 | 3 | 2.6% | +27.8% | +29.9% |
| Jan 2019 | May 2019 | 16 | 9.6% | +36.2% | +35.0% |
| Mar 2020 | Apr 2020 | 5 | 23.9% | +39.5% | +25.6% |
| May 2020 | May 2020 | 1 | 1.3% | +31.8% | +21.1% |
| Jun 2020 | Jul 2020 | 6 | 3.3% | +32.0% | +21.4% |
| Aug 2020 | Nov 2020 | 12 | 7.5% | +33.3% | +21.8% |
| Jun 2024 | Jul 2024 | 5 | 5.0% | +23.5% | -11.6% |
| Sep 2025 | Oct 2025 | 3 | 2.4% | N/A | -19.5% |
| Nov 2025 | Jan 2026 | 8 | 8.3% | N/A | -16.1% |
| Jan 2026 | Ongoing | 9+ | 21.6% | Ongoing | -21.6% |
| Average | 22 | — | +2.7% | — |
Frequently Asked Questions
Is DOX below its 200-week moving average?
Yes. As of 2026-03-20, Amdocs Limited (DOX) is trading 21.6% below its 200-week moving average of $82.70. The current price is $64.83.
What is DOX's 200-week moving average price?
Amdocs Limited's 200-week moving average is $82.70 as of 2026-03-20. This is the average weekly closing price over roughly the last 4 years, and it acts as a long-term trend line. When a stock drops below this level, it can signal that the price has fallen far enough from the long-term trend to attract value-oriented investors.
What happens when DOX drops below its 200-week moving average?
DOX has crossed below its 200-week moving average 18 times in our data. On average, buying at that moment produced a one-year return of +2.7%. These dips have historically been decent entry points. These episodes lasted 22 weeks on average.
Is DOX a good value right now?
Here's what our data says about DOX as of 2026-03-20: The stock is below its 200-week moving average, which is the starting point for our analysis. The 14-week RSI is 26 (oversold). Free cash flow yield is 8.5%. Return on equity is 16.5%. Price-to-book is 2.0x. This is not a buy or sell recommendation — always do your own research.
How does DOX compare to the S&P 500?
Over the past 26.9 years, $100 invested in DOX would have grown to $370, compared to $800 for the S&P 500. That's 5.0% annualized vs 8.0% for the index. DOX has underperformed the broader market over this period.
Does DOX pay a dividend?
Yes. Amdocs Limited currently pays a dividend yield of 351.00%.
Not financial advice. This is an educational tool. Past performance does not guarantee future results. Do your own research before making investment decisions.
Data as of week of 2026-03-20