CA Inc. Sets New 1-Year High at $33.83 (CA)
CA (NYSE:CA) set a new 52-week high during trading on Thursday, ARN reports. The stock traded as high as $33.83 and last traded at $33.82, with a volume of 1,524,755 shares. The stock had previously closed at $33.59.
CA has been the subject of a number of recent research reports. Analysts at Evercore Partners downgraded shares of CA from an “equal weight” rating to an “underweight” rating in a research note to investors on Monday. They now have a $32.00 price target on the stock. Separately, analysts at Zacks reiterated a “neutral” rating on shares of CA in a research note to investors on Monday, December 2nd. They now have a $35.00 price target on the stock. Finally, analysts at Jefferies Group cut their price target on shares of CA to $28.00 in a research note to investors on Friday, October 25th. They now have a “hold” rating on the stock. Two investment analysts have rated the stock with a sell rating, four have issued a hold rating and two have given a buy rating to the company’s stock. The company presently has an average rating of “Hold” and a consensus price target of $30.80.
CA has a 1-year low of $22.95 and a 1-year high of $33.79. The stock has a 50-day moving average of $32.92 and a 200-day moving average of $30.82. The company has a market cap of $15.276 billion and a price-to-earnings ratio of 14.35.
CA (NYSE:CA) last announced its earnings results on Thursday, October 24th. The company reported $0.86 EPS for the quarter, beating the Thomson Reuters consensus estimate of $0.73 by $0.13. The company had revenue of $1.14 billion for the quarter, compared to the consensus estimate of $1.11 billion. During the same quarter in the prior year, the company posted $0.59 earnings per share. The company’s quarterly revenue was down 1.0% on a year-over-year basis. Analysts expect that CA will post $3.02 EPS for the current fiscal year.
CA, Inc (NYSE:CA) is an independent enterprise information technology (IT) management software and solutions company.
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