Several analysts have recently updated their ratings and price targets for CSRA (NYSE: CSRA):

  • 10/7/2017 – CSRA was downgraded by analysts at BidaskClub from a “hold” rating to a “sell” rating.
  • 10/5/2017 – CSRA had its “hold” rating reaffirmed by analysts at Jefferies Group LLC. They now have a $35.00 price target on the stock.
  • 10/3/2017 – CSRA was downgraded by analysts at Vertical Research from a “hold” rating to a “sell” rating. They now have a $31.00 price target on the stock.
  • 9/28/2017 – CSRA was upgraded by analysts at BidaskClub from a “sell” rating to a “hold” rating.
  • 9/18/2017 – CSRA had its “hold” rating reaffirmed by analysts at Cowen and Company. They now have a $35.00 price target on the stock. They wrote, “CSRA’s recent bookings momentum & pivot to organic growth are laudable, but.””
  • 9/18/2017 – CSRA was downgraded by analysts at BidaskClub from a “hold” rating to a “sell” rating.
  • 9/15/2017 – CSRA was upgraded by analysts at SunTrust Banks, Inc. from a “hold” rating to a “buy” rating. They now have a $39.00 price target on the stock, up previously from $34.00.
  • 9/15/2017 – CSRA was downgraded by analysts at Zacks Investment Research from a “buy” rating to a “hold” rating. According to Zacks, “CSRA is the largest pure play government IT service provider. The company’s deep domain knowledge and expertise in next-generation IT services is aiding it to win new contracts on a regular basis, the most recent one being a $115 million contract from the U.S. Environmental Protection Agency (EPA). Additionally, partnerships with technology companies like Microsoft, Amazon and Oracle is a key growth driver. Moreover, anticipated improvement in federal spending is a positive for the company. However, near-term uncertainty over the renewal of Greenway contract and delay in TSA contract are headwinds. The lower recompete win rate is a concern in our view.  Notably, the company has underperformed the industry on a year-to-date basis.”
  • 9/8/2017 – CSRA was upgraded by analysts at Zacks Investment Research from a “hold” rating to a “buy” rating. They now have a $37.00 price target on the stock. According to Zacks, “CSRA is the largest pure play government IT service provider. The company’s deep domain knowledge and expertise in next-generation IT services is aiding it to win new contracts on a regular basis, the most recent one being a $115 million contract from the U.S. Environmental Protection Agency (EPA). Additionally, partnerships with technology companies like Microsoft, Amazon and Oracle is a key growth driver. Moreover, anticipated improvement in federal spending is a positive for the company. However, near-term uncertainty over the renewal of Greenway contract and delay in TSA contract are headwinds. The lower recompete win rate is a concern in our view.  Notably, the company has underperformed the industry on a year-to-date basis.”
  • 9/6/2017 – CSRA was downgraded by analysts at Zacks Investment Research from a “buy” rating to a “hold” rating. According to Zacks, “CSRA is the largest pure play government IT service provider. The company’s deep domain knowledge and expertise in next-generation IT services is aiding it to win new contracts on a regular basis. This was evident from the recently announced first-quarter results. Additionally, partnerships with technology companies like Microsoft, Amazon and Oracle is a key growth driver. Moreover, anticipated improvement in federal spending is a positive for the company. However, near-term uncertainty over the renewal of Greenway contract and delay in TSA contract are headwinds. The lower recompete win rate is a concern in our view.  Notably, the company has underperformed the industry on a year-to-date basis.”
  • 8/28/2017 – CSRA was upgraded by analysts at Zacks Investment Research from a “hold” rating to a “buy” rating. They now have a $35.00 price target on the stock. According to Zacks, “CSRA is the largest pure play government IT service provider. The company’s deep domain knowledge and expertise in next-generation IT services is aiding it to win new contracts on a regular basis. This was evident from the recently announced first-quarter results. Additionally, partnerships with technology companies like Microsoft, Amazon and Oracle is a key growth driver. Moreover, anticipated improvement in federal spending is a positive for the company. However, near-term uncertainty over the renewal of Greenway contract and delay in TSA contract are headwinds. The lower recompete win rate is a concern in our view.  Notably, the company has underperformed the industry on a year-to-date basis.”
  • 8/22/2017 – CSRA was upgraded by analysts at Zacks Investment Research from a “hold” rating to a “buy” rating. They now have a $36.00 price target on the stock. According to Zacks, “CSRA is the largest pure play government IT service provider. The company’s deep domain knowledge and expertise in next-generation IT services is aiding it to win new contracts on a regular basis. This was evident from the recently announced first-quarter results. Additionally, partnerships with technology companies like Microsoft, Amazon and Oracle is a key growth driver. Moreover, anticipated improvement in federal spending is a positive for the company. However, near-term uncertainty over the renewal of Greenway contract and delay in TSA contract are headwinds. The lower recompete win rate is a concern in our view.  Notably, the company has underperformed the industry on a year-to-date basis.”
  • 8/21/2017 – CSRA was downgraded by analysts at Zacks Investment Research from a “buy” rating to a “hold” rating. According to Zacks, “CSRA is the largest pure play government IT service provider. The company’s deep domain knowledge and expertise in next-generation IT services is aiding it to win new contracts on a regular basis. This was evident from the recently announced first-quarter results. Additionally, partnerships with technology companies like Microsoft, Amazon and Oracle is a key growth driver. Moreover, anticipated improvement in federal spending is a positive for the company. However, near-term uncertainty over the renewal of Greenway contract and delay in TSA contract are headwinds. The lower recompete win rate is a concern in our view.  Notably, the company has underperformed the industry on a year-to-date basis.”
  • 8/16/2017 – CSRA was upgraded by analysts at Zacks Investment Research from a “hold” rating to a “buy” rating. They now have a $36.00 price target on the stock. According to Zacks, “CSRA is the largest pure play government IT service provider. The company’s deep domain knowledge and expertise in next-generation IT services is aiding it to win new contracts on a regular basis. This was evident from the recently announced first-quarter results. Additionally, partnerships with technology companies like Microsoft, Amazon and Oracle is a key growth driver. Moreover, anticipated improvement in federal spending is a positive for the company. However, near-term uncertainty over the renewal of Greenway contract and delay in TSA contract are headwinds. The lower recompete win rate is a concern in our view.  Notably, the company has underperformed the industry on a year-to-date basis.”
  • 8/15/2017 – CSRA had its “buy” rating reaffirmed by analysts at Royal Bank Of Canada.

CSRA Inc. (NYSE CSRA) opened at 31.03 on Thursday. CSRA Inc. has a 12 month low of $24.48 and a 12 month high of $33.67. The firm’s 50-day moving average is $31.85 and its 200-day moving average is $31.07. The firm has a market cap of $5.07 billion, a PE ratio of 16.16 and a beta of 1.95.

CSRA (NYSE:CSRA) last announced its earnings results on Wednesday, August 9th. The technology company reported $0.48 earnings per share for the quarter, beating the Zacks’ consensus estimate of $0.45 by $0.03. CSRA had a return on equity of 101.22% and a net margin of 6.36%. The company had revenue of $1.23 billion during the quarter, compared to analyst estimates of $1.24 billion. During the same period last year, the company posted $0.48 earnings per share. The firm’s quarterly revenue was down 2.0% compared to the same quarter last year. Equities analysts expect that CSRA Inc. will post $1.96 earnings per share for the current year.

The firm also recently announced a quarterly dividend, which was paid on Tuesday, October 3rd. Stockholders of record on Tuesday, August 29th were paid a $0.10 dividend. The ex-dividend date was Friday, August 25th. This represents a $0.40 dividend on an annualized basis and a dividend yield of 1.29%. CSRA’s dividend payout ratio (DPR) is presently 20.94%.

In other news, Director Craig L. Martin acquired 20,000 shares of the stock in a transaction that occurred on Thursday, August 17th. The stock was purchased at an average cost of $32.31 per share, for a total transaction of $646,200.00. Following the completion of the transaction, the director now directly owns 33,500 shares in the company, valued at $1,082,385. The purchase was disclosed in a legal filing with the SEC, which is available at the SEC website. Also, EVP George Batsakis sold 28,392 shares of CSRA stock in a transaction dated Wednesday, August 23rd. The stock was sold at an average price of $31.42, for a total value of $892,076.64. The disclosure for this sale can be found here. Company insiders own 0.40% of the company’s stock.

CSRA Inc is a provider of information technology services to the United States federal government. The Company operates through two segments: Defense and Intelligence, and Civil. The Defense and Intelligence segment provides services to the Department of Defense (DoD), National Security Agency, branches of the Armed Forces, and other DoD and Intelligence agencies.

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