Analysts expect CSRA Inc (NYSE:CSRA) to announce earnings per share (EPS) of $0.48 for the current quarter, Zacks reports. Five analysts have issued estimates for CSRA’s earnings, with the lowest EPS estimate coming in at $0.44 and the highest estimate coming in at $0.53. CSRA also reported earnings of $0.48 per share during the same quarter last year. The firm is scheduled to announce its next quarterly earnings report on Tuesday, February 6th.

On average, analysts expect that CSRA will report full-year earnings of $1.95 per share for the current financial year, with EPS estimates ranging from $1.92 to $2.00. For the next fiscal year, analysts anticipate that the business will post earnings of $2.08 per share, with EPS estimates ranging from $2.01 to $2.22. Zacks’ earnings per share averages are a mean average based on a survey of sell-side research firms that that provide coverage for CSRA.

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

Several equities research analysts recently commented on the company. Vertical Research downgraded CSRA from a “hold” rating to a “sell” rating and set a $31.00 price objective for the company. in a report on Tuesday, October 3rd. Zacks Investment Research raised CSRA from a “hold” rating to a “buy” rating and set a $37.00 target price on the stock in a research report on Friday, September 8th. BidaskClub raised CSRA from a “sell” rating to a “hold” rating in a research report on Thursday, September 28th. Cowen reissued a “hold” rating and issued a $35.00 target price on shares of CSRA in a research report on Monday, September 18th. Finally, Jefferies Group reissued a “hold” rating and issued a $35.00 target price on shares of CSRA in a research report on Thursday, October 5th. Two investment analysts have rated the stock with a sell rating, three have given a hold rating and seven have assigned a buy rating to the stock. CSRA has an average rating of “Hold” and a consensus price target of $36.50.

Several hedge funds have recently bought and sold shares of CSRA. Schwab Charles Investment Management Inc. lifted its position in shares of CSRA by 51.1% during the 2nd quarter. Schwab Charles Investment Management Inc. now owns 979,843 shares of the technology company’s stock valued at $31,111,000 after buying an additional 331,532 shares in the last quarter. Zurcher Kantonalbank Zurich Cantonalbank lifted its position in shares of CSRA by 11.7% during the 2nd quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 5,781 shares of the technology company’s stock valued at $184,000 after buying an additional 607 shares in the last quarter. Principal Financial Group Inc. lifted its position in shares of CSRA by 2.7% during the 2nd quarter. Principal Financial Group Inc. now owns 239,994 shares of the technology company’s stock valued at $7,619,000 after buying an additional 6,418 shares in the last quarter. Chicago Equity Partners LLC purchased a new position in shares of CSRA during the 2nd quarter valued at about $406,000. Finally, Pacad Investment Ltd. purchased a new position in shares of CSRA during the 2nd quarter valued at about $448,000. 94.66% of the stock is currently owned by hedge funds and other institutional investors.

CSRA (NYSE CSRA) traded up $0.34 during midday trading on Thursday, reaching $30.81. The company had a trading volume of 1,088,872 shares, compared to its average volume of 834,967. CSRA has a 52 week low of $27.38 and a 52 week high of $33.67. The company has a market cap of $4,980.00 and a P/E ratio of 16.05. The company has a debt-to-equity ratio of 5.68, a current ratio of 1.05 and a quick ratio of 1.05.

The company also recently announced a quarterly dividend, which will be paid on Thursday, January 25th. Shareholders of record on Thursday, January 4th will be given a $0.10 dividend. The ex-dividend date of this dividend is Wednesday, January 3rd. This represents a $0.40 annualized dividend and a yield of 1.30%. CSRA’s payout ratio is 20.83%.

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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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Earnings History and Estimates for CSRA (NYSE:CSRA)

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