DOX
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Amdocs Limited (DOX) closed at $73.34 as of 2026-02-02, trading 11.5% below its 200-week moving average of $82.91. This places DOX in the extreme value zone. The stock is currently moving closer to the line, down from -1.2% last week. The 14-week RSI sits at 33, indicating neutral momentum.
Over the past 1394 weeks of data, DOX has crossed below its 200-week moving average 18 times. On average, these episodes lasted 21 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 $8.1 billion, DOX is a mid-cap stock. The company generates a free cash flow yield of 7.3%, which is healthy. Return on equity stands at 16.5%, a solid level. The stock trades at 2.3x 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 26.8 years, a hypothetical investment of $100 in DOX would have grown to $419, compared to $849 for the S&P 500. DOX has returned 5.5% annualized vs 8.3% 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.
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 17 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% | +118.6% |
| Aug 2001 | Nov 2004 | 173 | 84.5% | -80.6% | +121.0% |
| Dec 2004 | Dec 2004 | 1 | 2.7% | +12.4% | +273.0% |
| Feb 2008 | May 2008 | 16 | 13.3% | -40.6% | +194.8% |
| Jun 2008 | Mar 2010 | 93 | 48.8% | -31.5% | +190.6% |
| May 2010 | Oct 2010 | 23 | 10.6% | -0.3% | +211.0% |
| Nov 2010 | Jan 2011 | 10 | 8.5% | +12.1% | +243.7% |
| Aug 2011 | Sep 2011 | 4 | 4.4% | +24.3% | +256.9% |
| Dec 2018 | Jan 2019 | 3 | 2.6% | +27.8% | +46.9% |
| Jan 2019 | May 2019 | 16 | 9.6% | +36.2% | +52.8% |
| Mar 2020 | Apr 2020 | 5 | 23.9% | +39.5% | +42.0% |
| May 2020 | May 2020 | 1 | 1.3% | +31.8% | +37.0% |
| Jun 2020 | Jul 2020 | 6 | 3.3% | +32.0% | +37.4% |
| Aug 2020 | Nov 2020 | 12 | 7.5% | +33.3% | +37.8% |
| Jun 2024 | Jul 2024 | 5 | 5.0% | +23.5% | N/A |
| Sep 2025 | Oct 2025 | 3 | 2.4% | N/A | -9.0% |
| Nov 2025 | Jan 2026 | 8 | 8.3% | N/A | -5.0% |
| Jan 2026 | Ongoing | 3+ | 11.5% | Ongoing | -11.3% |
| Average | 21 | — | +2.7% | — |
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 Friday close, 2026-02-02