Acxiom (ACXM) to Release Quarterly Earnings on Monday
Acxiom (NASDAQ:ACXM) is scheduled to be issuing its Q115 quarterly earnings data on Monday, August 4th. Analysts expect the company to announce earnings of $0.19 per share and revenue of $246.26 million for the quarter.
Acxiom (NASDAQ:ACXM) last released its earnings data on Wednesday, May 14th. The company reported $0.24 EPS for the quarter, beating the Thomson Reuters 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 in the prior year, the company posted $0.19 earnings per share. The company’s quarterly revenue was up .0% on a year-over-year basis. On average, analysts expect Acxiom to post $0.79 EPS for the current fiscal year and $0.94 EPS for the next fiscal year.
Acxiom (NASDAQ:ACXM) opened at 18.32 on Friday. Acxiom has a 52 week low of $18.02 and a 52 week high of $39.30. The stock has a 50-day moving average of $20.57 and a 200-day moving average of $28.. The company has a market cap of $1.410 billion and a price-to-earnings ratio of 156.64.
Several analysts have recently commented on the stock. 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. On a related note, 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 research analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. The company presently has an average rating of “Buy” and an average target price of $30.25.
Acxiom Corporation (NASDAQ:ACXM) is an enterprise data, analytics and software-as-a-service company.
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