CA, Inc. (CA) Releases FY15 Earnings Guidance
CA, Inc. (NYSE:CA) issued an update on its FY15 earnings guidance on Monday morning. The company provided earnings per share (EPS) guidance of $2.42-2.49 for the period, compared to the Thomson Reuters consensus estimate of $2.50, Analyst Ratings News reports. The company issued revenue guidance of $4.34-4.40 billion, compared to the consensus revenue estimate of $4.45 billion.
Shares of CA, Inc. (NYSE:CA) traded up 0.10% on Monday, hitting $29.39. 2,900,884 shares of the company’s stock traded hands. CA, Inc. has a 52-week low of $28.02 and a 52-week high of $36.22. The stock’s 50-day moving average is $28.90 and its 200-day moving average is $31.19. The company has a market cap of $13.018 billion and a price-to-earnings ratio of 14.51.
CA (NYSE:CA) last announced its earnings results on Thursday, May 15th. The company reported $0.61 earnings per share (EPS) for the quarter, beating the 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. On average, analysts predict that CA, Inc. will post $2.50 earnings per share for the current fiscal year.
Several analysts have recently commented on the stock. Analysts at Standpoint Research initiated coverage on shares of CA in a research note on Monday, June 30th. They set a buy rating and a $36.00 price target on the stock. On a related note, analysts at Zacks downgraded shares of CA from an outperform rating to a neutral rating in a research note on Friday, May 30th. They now have a $30.00 price target on the stock. Finally, 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. Two equities research analysts have rated the stock with a sell rating, five have issued a hold rating and five have issued a buy rating to the company. CA currently has an average rating of Hold and a consensus price target of $28.63.
CA, Inc (NYSE:CA) is an independent enterprise information technology (IT) management software and solutions company.
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