Media coverage about CA (NASDAQ:CA) has been trending somewhat negative recently, Accern reports. Accern identifies negative and positive news coverage by analyzing more than 20 million blog and news sources. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores closest to one being the most favorable. CA earned a coverage optimism score of -0.04 on Accern’s scale. Accern also gave news headlines about the technology company an impact score of 44.5740758889506 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the stock’s share price in the immediate future.
Here are some of the news stories that may have impacted Accern Sentiment’s rankings:
A number of analysts recently commented on the company. BidaskClub lowered CA from a “hold” rating to a “sell” rating in a report on Saturday, January 6th. Credit Suisse Group lifted their price target on CA from $34.00 to $36.00 and gave the stock a “neutral” rating in a report on Wednesday, January 31st. Oppenheimer reiterated a “hold” rating on shares of CA in a report on Wednesday, January 31st. Barclays raised their target price on CA from $34.00 to $37.00 and gave the stock an “equal weight” rating in a research report on Wednesday, January 31st. Finally, Jefferies Group reissued a “buy” rating and issued a $41.00 target price on shares of CA in a research report on Wednesday, January 31st. Two equities research analysts have rated the stock with a sell rating, eleven have issued a hold rating and five have assigned a buy rating to the stock. CA presently has a consensus rating of “Hold” and an average price target of $34.23.
NASDAQ:CA traded up $0.05 during trading hours on Tuesday, hitting $35.05. 1,870,901 shares of the company’s stock traded hands, compared to its average volume of 2,702,802. The firm has a market capitalization of $14,388.05, a price-to-earnings ratio of 15.29, a P/E/G ratio of 4.06 and a beta of 0.70. CA has a 52 week low of $30.45 and a 52 week high of $37.25. The company has a debt-to-equity ratio of 0.44, a quick ratio of 1.24 and a current ratio of 1.24.
CA (NASDAQ:CA) last posted its quarterly earnings data on Tuesday, January 30th. The technology company reported $0.75 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $0.55 by $0.20. CA had a return on equity of 16.52% and a net margin of 10.23%. The company had revenue of $1.09 billion during the quarter, compared to analyst estimates of $1.07 billion. During the same quarter last year, the company earned $0.63 earnings per share. The firm’s quarterly revenue was up 8.5% on a year-over-year basis. equities analysts forecast that CA will post 2.37 earnings per share for the current fiscal year.
In related news, EVP Lauren Patricia Flaherty sold 10,793 shares of the business’s stock in a transaction dated Monday, March 12th. The stock was sold at an average price of $36.75, for a total transaction of $396,642.75. Following the transaction, the executive vice president now owns 71,123 shares in the company, valued at approximately $2,613,770.25. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, EVP Jacob Lamm sold 77,610 shares of the business’s stock in a transaction dated Friday, March 9th. The shares were sold at an average price of $36.77, for a total value of $2,853,719.70. Following the transaction, the executive vice president now owns 71,223 shares in the company, valued at approximately $2,618,869.71. The disclosure for this sale can be found here. Insiders own 0.90% of the company’s stock.
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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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