CSRA Inc. (NYSE:CSRA)‘s stock had its “buy” rating reiterated by research analysts at Stifel Nicolaus in a research report issued to clients and investors on Tuesday, MarketBeat.com reports. They presently have a $39.00 price target on the technology company’s stock. Stifel Nicolaus’ target price indicates a potential upside of 41.66% from the stock’s previous close.

CSRA has been the subject of a number of other research reports. Zacks Investment Research upgraded shares of CSRA from a “hold” rating to a “buy” rating and set a $35.00 target price for the company in a research report on Monday, August 28th. Royal Bank Of Canada reiterated a “buy” rating on shares of CSRA in a research report on Tuesday, August 15th. Cowen and Company reiterated a “hold” rating and set a $35.00 target price on shares of CSRA in a research report on Wednesday, October 18th. BidaskClub upgraded shares of CSRA from a “sell” rating to a “hold” rating in a research report on Thursday, September 28th. Finally, Jefferies Group LLC reissued a “hold” rating and set a $35.00 price objective on shares of CSRA in a report on Thursday, October 5th. Three research analysts have rated the stock with a sell rating, three have assigned a hold rating and seven have assigned a buy rating to the company. The stock currently has an average rating of “Hold” and an average target price of $36.64.

Shares of CSRA (NYSE:CSRA) traded down $0.09 during trading on Tuesday, hitting $27.53. 547,900 shares of the company were exchanged, compared to its average volume of 1,040,673. The firm has a market cap of $4,500.00 and a PE ratio of 14.46. The company has a quick ratio of 1.05, a current ratio of 1.05 and a debt-to-equity ratio of 5.68. CSRA has a 1-year low of $27.38 and a 1-year high of $33.67.

CSRA (NYSE:CSRA) last announced its earnings results on Tuesday, November 7th. The technology company reported $0.46 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.48 by ($0.02). The firm had revenue of $1.27 billion for the quarter, compared to analyst estimates of $1.27 billion. CSRA had a return on equity of 79.44% and a net margin of 6.35%. The company’s revenue for the quarter was up .7% compared to the same quarter last year. During the same quarter last year, the business earned $0.56 EPS. equities analysts predict that CSRA will post 1.94 EPS for the current year.

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In other CSRA news, EVP George Batsakis sold 28,392 shares of the stock in a transaction dated Wednesday, August 23rd. The shares were sold at an average price of $31.42, for a total transaction of $892,076.64. The sale was disclosed in a document filed with the SEC, which is accessible through this link. 0.40% of the stock is owned by corporate insiders.

Hedge funds and other institutional investors have recently modified their holdings of the company. Northwestern Mutual Wealth Management Co. boosted its stake in shares of CSRA by 52.2% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 3,698 shares of the technology company’s stock valued at $117,000 after purchasing an additional 1,269 shares during the last quarter. DekaBank Deutsche Girozentrale bought a new position in shares of CSRA in the 2nd quarter valued at about $120,000. GLG Partners LP bought a new position in shares of CSRA in the 2nd quarter valued at about $164,000. Zurcher Kantonalbank Zurich Cantonalbank boosted its stake in shares of CSRA by 11.7% in the 2nd quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 5,781 shares of the technology company’s stock valued at $184,000 after purchasing an additional 607 shares during the last quarter. Finally, Neuberger Berman Group LLC bought a new position in shares of CSRA in the 3rd quarter valued at about $211,000. 95.09% of the stock is currently owned by institutional investors.

About CSRA

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.

Analyst Recommendations for CSRA (NYSE:CSRA)

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