Acxiom Corporation (NASDAQ:ACXM) Earning Somewhat Positive News Coverage, Report Finds
Media stories about Acxiom Corporation (NASDAQ:ACXM) have trended somewhat positive recently, Accern Sentiment Analysis reports. The research firm identifies negative and positive news coverage by monitoring more than 20 million news and blog sources in real time. Accern ranks coverage of companies on a scale of -1 to 1, with scores closest to one being the most favorable. Acxiom Corporation earned a news sentiment score of 0.05 on Accern’s scale. Accern also gave news stories about the information technology services provider an impact score of 46.725511390338 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the stock’s share price in the next few days.
These are some of the media headlines that may have effected Accern Sentiment’s rankings:
- IHS Markit Score Update: Rise in demand for ETFs holding Acxiom Corp is a positive for its shares (finance.yahoo.com)
- What Falling Estimates & Price Mean for Acxiom Corporation (ACXM) (finance.yahoo.com)
- IHS Markit Score Update: Drop in demand for ETFs holding Acxiom Corp is a negative sign for its shares (finance.yahoo.com)
- See what the IHS Markit Score report has to say about Acxiom Corp. (finance.yahoo.com)
- Acxiom Corp. breached its 50 day moving average in a Bearish Manner : ACXM-US : August 7, 2017 (finance.yahoo.com)
A number of research firms have issued reports on ACXM. BidaskClub cut shares of Acxiom Corporation from a “sell” rating to a “strong sell” rating in a report on Tuesday. Zacks Investment Research cut shares of Acxiom Corporation from a “hold” rating to a “sell” rating in a report on Tuesday. Cantor Fitzgerald reissued an “overweight” rating and set a $35.00 target price (up previously from $33.00) on shares of Acxiom Corporation in a report on Wednesday, May 17th. Finally, BMO Capital Markets reissued a “buy” rating and set a $32.00 target price on shares of Acxiom Corporation in a report on Monday, April 17th. Two research analysts have rated the stock with a sell rating, one has given a hold rating and three have given a buy rating to the company’s stock. The company has a consensus rating of “Hold” and a consensus price target of $33.20.
Shares of Acxiom Corporation (ACXM) traded up 0.92% on Friday, hitting $22.97. 794,135 shares of the company traded hands. The company’s market capitalization is $1.83 billion. Acxiom Corporation has a 12 month low of $22.64 and a 12 month high of $30.40. The stock’s 50-day moving average price is $25.95 and its 200-day moving average price is $27.24.
Acxiom Corporation (NASDAQ:ACXM) last announced its quarterly earnings data on Thursday, August 3rd. The information technology services provider reported $0.14 EPS for the quarter, hitting the Zacks’ consensus estimate of $0.14. The company had revenue of $213 million during the quarter, compared to the consensus estimate of $217.32 million. Acxiom Corporation had a negative net margin of 0.13% and a positive return on equity of 3.22%. Acxiom Corporation’s quarterly revenue was down .8% on a year-over-year basis. During the same quarter in the prior year, the firm earned $0.15 EPS. On average, equities analysts predict that Acxiom Corporation will post $0.80 earnings per share for the current year.
In related news, Director Clark M. Kokich sold 3,855 shares of the stock in a transaction dated Wednesday, June 21st. The shares were sold at an average price of $25.84, for a total value of $99,613.20. Following the sale, the director now directly owns 80,506 shares of the company’s stock, valued at approximately $2,080,275.04. The sale was disclosed in a filing with the SEC, which is available through this hyperlink. Corporate insiders own 3.54% of the company’s stock.
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About Acxiom Corporation
Acxiom Corporation (Acxiom) is a technology and enablement services company. The Company operates through three business segments: Marketing Services, Audience Solutions, and Connectivity. The Company’s Marketing Services segment helps clients to unify data at individual level. The Audience Solutions segment helps clients to validate the accuracy of their people-based data, enhance it with additional insight and keep it up to date, enabling clients to reach desired audiences with relevant messages.
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