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CA (NYSE:CA) was downgraded by Zacks from an “outperform” rating to a “neutral” rating in a research report issued to clients and investors on Friday. They currently have a $30.00 price target on the stock. Zacks‘s price target would indicate a potential upside of 3.63% from the company’s current price.

CA has been the subject of a number of other recent research reports. Analysts at Citigroup Inc. reiterated a “hold” rating on shares of CA in a research note on Monday, May 19th. They now have a $30.00 price target on the stock, down previously from $32.00. Separately, analysts at Ned Davis Research upgraded shares of CA from a “neutral” rating to a “buy” rating in a research note on Monday, April 28th. Finally, analysts at Barclays initiated coverage on shares of CA in a research note on Monday, March 3rd. They set an “equal weight” rating on the stock. Two investment analysts have rated the stock with a sell rating, five have assigned a hold rating and four have assigned a buy rating to the company. CA currently has an average rating of “Hold” and an average target price of $27.57.

CA (NYSE:CA) traded down 1.14% on Friday, hitting $28.62. The stock had a trading volume of 2,244,364 shares. CA has a one year low of $27.09 and a one year high of $36.22. The stock has a 50-day moving average of $29.73 and a 200-day moving average of $31.87. The company has a market cap of $12.677 billion and a price-to-earnings ratio of 14.31.

CA (NYSE:CA) last released its earnings data on Thursday, May 15th. The company reported $0.61 EPS for the quarter, beating the Thomson Reuters consensus estimate of $0.58 by $0.03. The company had revenue of $1.11 billion for the quarter, compared to the consensus estimate of $1.09 billion. Analysts expect that CA will post $2.51 EPS for the current fiscal year.

The company also recently declared a quarterly dividend, which is scheduled for Tuesday, June 17th. Shareholders of record on Thursday, May 29th will be given a dividend of $0.25 per share. This represents a $1.00 dividend on an annualized basis and a yield of 3.45%. The ex-dividend date of this dividend is Tuesday, May 27th.

CA, Inc (NYSE:CA) is an independent enterprise information technology (IT) management software and solutions company.

To view Zacks’ full report, visit Zacks’ official website.

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