Brokerages expect Acxiom Corporation (NASDAQ:ACXM) to post $0.24 earnings per share for the current quarter, Zacks Investment Research reports. Two analysts have provided estimates for Acxiom’s earnings, with the lowest EPS estimate coming in at $0.22 and the highest estimate coming in at $0.25. Acxiom also reported earnings per share of $0.24 in the same quarter last year. The firm is scheduled to announce its next quarterly earnings results on Tuesday, January 30th.

According to Zacks, analysts expect that Acxiom will report full year earnings of $0.81 per share for the current year, with EPS estimates ranging from $0.79 to $0.83. For the next year, analysts anticipate that the business will post earnings of $1.04 per share, with EPS estimates ranging from $1.00 to $1.11. Zacks’ earnings per share averages are a mean average based on a survey of sell-side research firms that that provide coverage for Acxiom.

Acxiom (NASDAQ:ACXM) last announced its quarterly earnings results on Wednesday, November 1st. The information technology services provider reported $0.22 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $0.17 by $0.05. The company had revenue of $225.24 million during the quarter, compared to analyst estimates of $222.05 million. Acxiom had a positive return on equity of 2.61% and a negative net margin of 1.31%. The firm’s revenue was up 3.7% on a year-over-year basis. During the same period in the prior year, the firm posted $0.18 earnings per share.

Several brokerages have commented on ACXM. Cantor Fitzgerald restated a “buy” rating and set a $33.00 price target on shares of Acxiom in a research note on Friday, September 22nd. Zacks Investment Research lowered Acxiom from a “hold” rating to a “sell” rating in a research note on Tuesday, August 8th. BMO Capital Markets reiterated a “buy” rating and issued a $32.00 target price on shares of Acxiom in a research note on Wednesday, November 22nd. Dougherty & Co reiterated a “buy” rating on shares of Acxiom in a research note on Thursday, August 17th. Finally, BidaskClub lowered Acxiom from a “sell” rating to a “strong sell” rating in a research note on Tuesday, August 8th. One analyst has rated the stock with a sell rating and four have given a buy rating to the stock. The stock has an average rating of “Buy” and an average price target of $32.33.

Shares of Acxiom (ACXM) traded up $0.34 during trading hours on Friday, reaching $27.59. The company’s stock had a trading volume of 500,301 shares, compared to its average volume of 471,206. The firm has a market capitalization of $2,185.57, a price-to-earnings ratio of 114.96, a PEG ratio of 5.26 and a beta of 1.30. The company has a debt-to-equity ratio of 0.30, a current ratio of 2.23 and a quick ratio of 2.23. Acxiom has a 12 month low of $21.80 and a 12 month high of $30.40.

Several hedge funds have recently bought and sold shares of the company. ETF Managers Group LLC purchased a new position in Acxiom in the second quarter valued at about $119,000. Riverhead Capital Management LLC boosted its holdings in Acxiom by 73.9% in the second quarter. Riverhead Capital Management LLC now owns 4,694 shares of the information technology services provider’s stock valued at $122,000 after purchasing an additional 1,994 shares during the last quarter. LS Investment Advisors LLC boosted its holdings in Acxiom by 20.5% in the second quarter. LS Investment Advisors LLC now owns 6,172 shares of the information technology services provider’s stock valued at $160,000 after purchasing an additional 1,050 shares during the last quarter. Shelton Capital Management purchased a new position in Acxiom in the second quarter valued at about $213,000. Finally, Quantbot Technologies LP boosted its holdings in Acxiom by 384.9% in the second quarter. Quantbot Technologies LP now owns 8,825 shares of the information technology services provider’s stock valued at $229,000 after purchasing an additional 7,005 shares during the last quarter. Institutional investors and hedge funds own 98.07% of the company’s stock.

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Acxiom Company Profile

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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Earnings History and Estimates for Acxiom (NASDAQ:ACXM)

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