CDI Corp. Stock Rating Upgraded by Zacks (CDI)
CDI Corp. (NYSE:CDI) was upgraded by Zacks from an “underperform” rating to a “neutral” rating in a research report issued on Tuesday, American Banking News reports. The firm currently has a $15.70 price target on the stock. Zacks‘ price objective points to a potential upside of 0.96% from the company’s current price.
CDI Corp. (NYSE:CDI) traded up 1.57% on Tuesday, hitting $15.55. The stock had a trading volume of 34,960 shares. CDI Corp. has a 52 week low of $13.35 and a 52 week high of $18.00. The stock has a 50-day moving average of $14.54 and a 200-day moving average of $15.07. The company has a market cap of $302.6 million and a P/E ratio of 18.67.
CDI Corp. (NYSE:CDI) last issued its quarterly earnings data on Thursday, August 1st. The company reported $0.17 earnings per share for the quarter, beating the analysts’ consensus estimate of $0.16 by $0.01. The company had revenue of $263.40 million for the quarter, compared to the consensus estimate of $264.25 million. During the same quarter last year, the company posted $0.25 earnings per share. CDI Corp.’s revenue was down 4.0% compared to the same quarter last year. On average, analysts predict that CDI Corp. will post $0.70 earnings per share for the current fiscal year.
CDI Corp. (NYSE:CDI) is an integrated engineering and technology services company.
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