CA Receives Consensus Recommendation of “Hold” from Brokerages (NYSE:CA)
Shares of CA (NYSE:CA) have received a consensus recommendation of “Hold” from the twelve ratings firms that are covering the company, Analyst Ratings Network reports. Two equities research analysts have rated the stock with a sell recommendation, six have issued a hold recommendation and four have given a buy recommendation to the company. The average twelve-month price target among analysts that have issued ratings on the stock in the last year is $28.89.
Shares of CA (NYSE:CA) opened at 28.06 on Thursday. CA has a one year low of $27.84 and a one year high of $36.22. The stock’s 50-day moving average is $28.51 and its 200-day moving average is $29.97. The company has a market cap of $12.488 billion and a P/E ratio of 15.84.
CA (NYSE:CA) last released its earnings data on Wednesday, July 23rd. The company reported $0.65 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.60 by $0.05. The company had revenue of $1.07 billion for the quarter, compared to the consensus estimate of $1.09 billion. During the same quarter in the previous year, the company posted $0.78 earnings per share. The company’s revenue for the quarter was down 49.0% on a year-over-year basis. Analysts expect that CA will post $2.47 EPS for the current fiscal year.
The company also recently declared a quarterly dividend, which is scheduled for Tuesday, September 9th. Stockholders of record on Thursday, August 21st will be given a dividend of $0.25 per share. This represents a $1.00 dividend on an annualized basis and a yield of 3.55%. The ex-dividend date of this dividend is Tuesday, August 19th.
A number of analysts have recently weighed in on CA shares. Analysts at Zacks reiterated a “neutral” rating on shares of CA in a research note on Thursday, August 14th. They now have a $30.00 price target on the stock. Separately, analysts at FBR Capital Markets initiated coverage on shares of CA in a research note on Wednesday, July 16th. They set a “market perform” rating and a $31.00 price target on the stock. Finally, 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.
CA, Inc (NYSE:CA) is an independent enterprise information technology (IT) management software and solutions company.
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