Acxiom Corporation (NASDAQ:ACXM)‘s stock had its “buy” rating reissued by stock analysts at BMO Capital Markets in a research note issued on Wednesday. They currently have a $32.00 price objective on the information technology services provider’s stock. BMO Capital Markets’ price target indicates a potential upside of 18.74% from the stock’s previous close.

ACXM has been the subject of several other reports. Zacks Investment Research upgraded Acxiom Corporation from a “hold” rating to a “buy” rating and set a $30.00 target price for the company in a research report on Monday, November 6th. BidaskClub downgraded Acxiom Corporation from a “sell” rating to a “strong sell” rating in a research report on Tuesday, August 8th. Cantor Fitzgerald reiterated a “buy” rating and issued a $33.00 target price on shares of Acxiom Corporation in a research report on Friday, September 22nd. Finally, Dougherty & Co reiterated a “buy” rating on shares of Acxiom Corporation in a research report on Thursday, August 17th. One investment analyst has rated the stock with a sell rating and four have assigned a buy rating to the company’s stock. The stock currently has a consensus rating of “Buy” and a consensus target price of $32.33.

Shares of Acxiom Corporation (ACXM) traded up $0.44 during mid-day trading on Wednesday, hitting $26.95. The company had a trading volume of 610,916 shares, compared to its average volume of 455,806. The company has a current ratio of 2.23, a quick ratio of 2.23 and a debt-to-equity ratio of 0.30. Acxiom Corporation has a twelve month low of $21.80 and a twelve month high of $30.40. The company has a market cap of $2,150.00, a P/E ratio of 110.42, a P/E/G ratio of 5.05 and a beta of 1.28.

Acxiom Corporation (NASDAQ:ACXM) last posted its earnings results on Wednesday, November 1st. The information technology services provider reported $0.22 EPS for the quarter, beating the consensus estimate of $0.17 by $0.05. The firm had revenue of $225.24 million during the quarter, compared to the consensus estimate of $222.05 million. Acxiom Corporation had a positive return on equity of 2.61% and a negative net margin of 1.31%. The business’s quarterly revenue was up 3.7% on a year-over-year basis. During the same period last year, the company earned $0.18 earnings per share. analysts anticipate that Acxiom Corporation will post 0.35 EPS for the current year.

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A number of institutional investors have recently bought and sold shares of ACXM. Bank of New York Mellon Corp raised its position in Acxiom Corporation by 165.9% in the third quarter. Bank of New York Mellon Corp now owns 5,333,056 shares of the information technology services provider’s stock valued at $131,407,000 after purchasing an additional 3,327,468 shares during the last quarter. TimesSquare Capital Management LLC acquired a new stake in shares of Acxiom Corporation in the third quarter valued at about $26,754,000. Fuller & Thaler Asset Management Inc. acquired a new stake in shares of Acxiom Corporation in the third quarter valued at about $23,251,000. Bamco Inc. NY increased its stake in shares of Acxiom Corporation by 28.4% in the third quarter. Bamco Inc. NY now owns 2,863,312 shares of the information technology services provider’s stock valued at $70,552,000 after buying an additional 632,649 shares during the period. Finally, Marshall Wace North America L.P. increased its stake in shares of Acxiom Corporation by 424.8% in the second quarter. Marshall Wace North America L.P. now owns 701,173 shares of the information technology services provider’s stock valued at $18,230,000 after buying an additional 567,559 shares during the period. Hedge funds and other institutional investors own 95.04% of the company’s stock.

About Acxiom Corporation

Acxiom Corporation (Acxiom) is a technology and enablement services company. The Company operates through three business segments: Marketing Services, Audience Solutions, and Connectivity. The Company’s Marketing Services segment helps clients to unify data at individual level. The Audience Solutions segment helps clients to validate the accuracy of their people-based data, enhance it with additional insight and keep it up to date, enabling clients to reach desired audiences with relevant messages.

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