Wall Street analysts forecast that CSRA Inc. (NYSE:CSRA) will post sales of $1.26 billion for the current fiscal quarter, according to Zacks. Four analysts have issued estimates for CSRA’s earnings. The lowest sales estimate is $1.23 billion and the highest is $1.29 billion. CSRA posted sales of $1.22 billion during the same quarter last year, which would indicate a positive year-over-year growth rate of 3.3%. The company is scheduled to report its next quarterly earnings report on Tuesday, February 6th.

On average, analysts expect that CSRA will report full-year sales of $1.26 billion for the current financial year, with estimates ranging from $5.11 billion to $5.22 billion. For the next fiscal year, analysts anticipate that the business will report sales of $5.41 billion per share, with estimates ranging from $5.24 billion to $5.60 billion. Zacks Investment Research’s sales averages are a mean average based on a survey of analysts that cover CSRA.

CSRA (NYSE:CSRA) last released its quarterly earnings data on Tuesday, November 7th. The technology company reported $0.46 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $0.48 by ($0.02). CSRA had a net margin of 6.35% and a return on equity of 79.44%. The firm had revenue of $1.27 billion for the quarter, compared to analyst estimates of $1.27 billion. During the same period last year, the business earned $0.56 EPS. The company’s revenue was up .7% compared to the same quarter last year.

CSRA has been the topic of several recent research reports. Zacks Investment Research raised CSRA from a “hold” rating to a “buy” rating and set a $36.00 target price on the stock in a report on Wednesday, August 16th. Royal Bank Of Canada reaffirmed a “buy” rating on shares of CSRA in a report on Tuesday, August 15th. SunTrust Banks, Inc. raised CSRA from a “hold” rating to a “buy” rating and lifted their target price for the stock from $34.00 to $39.00 in a report on Friday, September 15th. Finally, Cowen and Company reaffirmed a “hold” rating and set a $35.00 target price on shares of CSRA in a report on Monday, September 18th. Two investment analysts have rated the stock with a sell rating, four have issued a hold rating and six have issued a buy rating to the company’s stock. The stock presently has a consensus rating of “Hold” and an average target price of $36.50.

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In other CSRA news, EVP John Reing sold 20,298 shares of the business’s stock in a transaction that occurred on Friday, August 18th. The stock was sold at an average price of $31,822.00, for a total transaction of $645,922,956.00. Following the completion of the sale, the executive vice president now directly owns 4,587 shares of the company’s stock, valued at approximately $145,967,514. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Craig L. Martin acquired 20,000 shares of the firm’s stock in a transaction on Thursday, August 17th. The shares were bought at an average cost of $32.31 per share, with a total value of $646,200.00. Following the completion of the acquisition, the director now directly owns 33,500 shares in the company, valued at approximately $1,082,385. The disclosure for this purchase can be found here. Insiders own 0.40% of the company’s stock.

Institutional investors and hedge funds have recently modified their holdings of the business. Northwestern Mutual Wealth Management Co. increased its holdings in CSRA by 52.2% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 3,698 shares of the technology company’s stock worth $117,000 after purchasing an additional 1,269 shares in the last quarter. DekaBank Deutsche Girozentrale bought a new position in shares of CSRA in the second quarter valued at approximately $120,000. GLG Partners LP bought a new position in shares of CSRA in the second quarter valued at approximately $164,000. Zurcher Kantonalbank Zurich Cantonalbank grew its holdings in shares of CSRA by 11.7% in the second quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 5,781 shares of the technology company’s stock valued at $184,000 after acquiring an additional 607 shares in the last quarter. Finally, Intact Investment Management Inc. bought a new position in shares of CSRA in the third quarter valued at approximately $223,000. 92.34% of the stock is owned by hedge funds and other institutional investors.

Shares of CSRA (NYSE:CSRA) opened at $28.54 on Tuesday. The company has a current ratio of 1.05, a quick ratio of 1.05 and a debt-to-equity ratio of 5.68. CSRA has a twelve month low of $27.65 and a twelve month high of $33.67. The firm has a market capitalization of $4,720.14, a price-to-earnings ratio of 15.09, a P/E/G ratio of 1.47 and a beta of 1.91.

CSRA Company Profile

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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