CA (CA) Earning Somewhat Favorable News Coverage, Report Finds
News stories about CA (NASDAQ:CA) have been trending somewhat positive recently, Accern Sentiment Analysis reports. The research firm identifies negative and positive press coverage by monitoring more than twenty million blog and news sources in real time. Accern ranks coverage of companies on a scale of negative one to one, with scores nearest to one being the most favorable. CA earned a daily sentiment score of 0.14 on Accern’s scale. Accern also gave media coverage about the technology company an impact score of 53 out of 100, meaning that recent press coverage is somewhat likely to have an effect on the company’s share price in the next few days.
Here are some of the news headlines that may have effected Accern Sentiment Analysis’s rankings:
- Marijuana Stocks: Cara Therapeutics Inc (CARA) Stock Soars on FDA Breakthrough Therapy Status (investorplace.com)
- CA Inc. (CA) Has Surged To A New High On Reports Of Takeover Interest – Nasdaq (nasdaq.com)
- CA, Inc. (CA) Surges: Stock Moves 13.4% Higher – Nasdaq (nasdaq.com)
- BRIEF-CA Inc says CEO Michael P. Gregoire’s total 2017 compensation was $11.9 mln – Reuters (reuters.com)
- CA, Inc. (CA) Insider Ayman Sayed Sells 30,194 Shares (americanbankingnews.com)
Several brokerages have recently commented on CA. Piper Jaffray Companies upped their price target on CA from $42.00 to $45.00 and gave the company an “overweight” rating in a research note on Monday, April 17th. Raymond James Financial, Inc. upgraded CA from a “market perform” rating to an “outperform” rating and set a $42.00 price objective on the stock in a report on Monday, May 8th. Jefferies Group LLC reiterated a “buy” rating and issued a $38.00 price objective on shares of CA in a report on Thursday, June 1st. Citigroup Inc. reiterated a “neutral” rating and issued a $34.00 price objective (up previously from $33.00) on shares of CA in a report on Sunday, May 14th. Finally, Zacks Investment Research downgraded CA from a “hold” rating to a “sell” rating in a report on Tuesday, May 16th. Three equities research analysts have rated the stock with a sell rating, eight have assigned a hold rating and five have assigned a buy rating to the company. The company has a consensus rating of “Hold” and a consensus price target of $35.25.
Shares of CA (NASDAQ CA) traded down 0.43% during midday trading on Friday, reaching $34.96. The company’s stock had a trading volume of 2,172,307 shares. The firm’s 50 day moving average is $31.93 and its 200 day moving average is $32.09. CA has a 52 week low of $30.01 and a 52 week high of $35.11. The firm has a market capitalization of $14.61 billion, a price-to-earnings ratio of 18.90 and a beta of 0.92.
CA (NASDAQ:CA) last issued its quarterly earnings data on Thursday, May 11th. The technology company reported $0.54 EPS for the quarter, topping the Zacks’ consensus estimate of $0.49 by $0.05. The company had revenue of $1.01 billion for the quarter, compared to analysts’ expectations of $996.59 million. CA had a return on equity of 17.15% and a net margin of 19.20%. The firm’s quarterly revenue was up .3% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.60 earnings per share. Equities analysts forecast that CA will post $2.39 EPS for the current fiscal year.
The business also recently disclosed a quarterly dividend, which was paid on Tuesday, June 13th. Shareholders of record on Thursday, May 25th were paid a dividend of $0.255 per share. This represents a $1.02 dividend on an annualized basis and a dividend yield of 2.91%. The ex-dividend date was Tuesday, May 23rd. CA’s dividend payout ratio is presently 55.14%.
In other CA news, insider Ayman Sayed sold 30,194 shares of the business’s stock in a transaction dated Wednesday, June 21st. The stock was sold at an average price of $35.62, for a total transaction of $1,075,510.28. Following the transaction, the insider now owns 168,455 shares in the company, valued at $6,000,367.10. The sale was disclosed in a legal filing with the SEC, which is available at the SEC website. Insiders own 0.79% of the company’s stock.
CA, Inc (CA) is engaged in providing software solutions enabling customers to plan, develop, manage and secure applications and enterprise environments across distributed, cloud, mobile and mainframe platforms. The Company operates through three business segments: Mainframe Solutions, Enterprise Solutions and Services.
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