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Acxiom (NASDAQ:ACXM) hit a new 52-week low during mid-day trading on Friday , Stock Ratings News reports. The stock traded as low as $18.93 and last traded at $19.09, with a volume of 240,540 shares traded. The stock had previously closed at $19.36.

ACXM has been the subject of a number of recent research reports. Analysts at Zacks reiterated a “neutral” rating on shares of Acxiom in a research note on Monday, May 26th. They now have a $24.00 price target on the stock. Separately, analysts at Wells Fargo & Co. upgraded shares of Acxiom from a “market perform” rating to an “outperform” rating in a research note on Tuesday, May 20th. Finally, analysts at BMO Capital Markets upgraded shares of Acxiom from an “underperform” rating to a “market perform” rating in a research note on Thursday, May 15th. They now have a $25.00 price target on the stock. They noted that the move was a valuation call. Three equities research analysts have rated the stock with a hold rating and four have assigned a buy rating to the stock. The stock presently has a consensus rating of “Buy” and an average price target of $30.25.

The stock’s 50-day moving average is $21.0 and its 200-day moving average is $29.45. The company has a market cap of $1.468 billion and a P/E ratio of 162.69.

Acxiom (NASDAQ:ACXM) last announced its earnings results on Wednesday, May 14th. The company reported $0.24 earnings per share for the quarter, beating the analysts’ consensus estimate of $0.20 by $0.04. The company had revenue of $277.00 million for the quarter, compared to the consensus estimate of $278.57 million. During the same quarter last year, the company posted $0.19 earnings per share. Acxiom’s revenue was up .0% compared to the same quarter last year. On average, analysts predict that Acxiom will post $0.79 earnings per share for the current fiscal year.

Acxiom Corporation (NASDAQ:ACXM) is an enterprise data, analytics and software-as-a-service company.

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