Media coverage about CA (NASDAQ:CA) has been trending somewhat positive recently, according to Accern Sentiment. Accern identifies negative and positive press coverage by analyzing more than 20 million blog and news sources. Accern ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. CA earned a coverage optimism score of 0.23 on Accern’s scale. Accern also assigned media stories about the technology company an impact score of 46.8858087999851 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the company’s share price in the near future.
Here are some of the news articles that may have effected Accern’s rankings:
- Apostle Inc Appoints David B. Goldstein, PhD at Columbia University to Scientific Advisory Board (pr.com)
- Why You Should Swap Your Big 3 Telecoms for Shaw Communications Inc. (fool.ca)
- Social Detention Inc. (SODE) Receives $1.2 Million Contract (bizjournals.com)
- CA, Inc. (CA) Given Average Rating of “Hold” by Brokerages (americanbankingnews.com)
- ISI Labs Inc. Announces Acquisition of RxOil (bizjournals.com)
A number of brokerages have recently issued reports on CA. Argus reaffirmed a “buy” rating and issued a $33.70 price objective (down previously from $40.00) on shares of CA in a research report on Wednesday. Evercore ISI reaffirmed a “sell” rating and issued a $36.00 price objective on shares of CA in a research report on Friday, February 2nd. Zacks Investment Research upgraded shares of CA from a “hold” rating to a “buy” rating and set a $40.00 target price for the company in a research note on Friday, February 2nd. Jefferies Group reiterated a “buy” rating and issued a $41.00 target price on shares of CA in a research note on Wednesday, January 31st. Finally, Barclays lifted their target price on shares of CA from $34.00 to $37.00 and gave the stock an “equal weight” rating in a research note on Wednesday, January 31st. Two analysts have rated the stock with a sell rating, ten have given a hold rating and six have assigned a buy rating to the stock. The stock has a consensus rating of “Hold” and a consensus price target of $34.23.
CA (NASDAQ CA) traded up $0.79 on Friday, hitting $33.45. 4,115,337 shares of the company traded hands, compared to its average volume of 2,660,000. 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 has a 1 year low of $30.45 and a 1 year high of $36.56. The firm has a market cap of $14,000.00, a PE ratio of 33.12, a P/E/G ratio of 4.23 and a beta of 0.70.
CA (NASDAQ:CA) last posted its earnings results on Tuesday, January 30th. The technology company reported $0.75 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.55 by $0.20. CA had a net margin of 10.23% and a return on equity of 16.52%. The firm had revenue of $1.09 billion during the quarter, compared to analysts’ expectations of $1.07 billion. During the same period in the previous year, the business posted $0.63 EPS. The business’s revenue was up 8.5% compared to the same quarter last year. analysts forecast that CA will post 2.37 earnings per share for the current fiscal year.
The business also recently declared a quarterly dividend, which will be paid on Tuesday, March 13th. Investors of record on Thursday, February 22nd will be issued a $0.255 dividend. This represents a $1.02 annualized dividend and a yield of 3.05%. The ex-dividend date is Wednesday, February 21st. CA’s payout ratio is presently 100.99%.
COPYRIGHT VIOLATION NOTICE: “CA (NASDAQ:CA) Given Daily Coverage Optimism Rating of 0.23” was originally reported by The Ledger Gazette and is owned by of The Ledger Gazette. If you are viewing this piece on another site, it was copied illegally and republished in violation of United States and international trademark and copyright laws. The correct version of this piece can be viewed at https://ledgergazette.com/2018/02/12/ca-ca-receiving-somewhat-favorable-news-coverage-analysis-finds.html.
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.
Receive News & Ratings for CA Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for CA and related companies with MarketBeat.com's FREE daily email newsletter.