Acxiom Corporation (ACXM) Receives News Sentiment Score of 0.05
Media coverage about Acxiom Corporation (NASDAQ:ACXM) has trended somewhat positive this week, according to Accern Sentiment. The research firm identifies positive and negative press coverage by analyzing more than 20 million news and blog sources in real-time. Accern ranks coverage of companies on a scale of negative one to one, with scores nearest to one being the most favorable. Acxiom Corporation earned a daily sentiment score of 0.05 on Accern’s scale. Accern also gave media coverage about the information technology services provider an impact score of 47.1395063470364 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the near term.
These are some of the news headlines that may have effected Accern’s scoring:
- Oversold Conditions For Acxiom (ACXM) (nasdaq.com)
- Edited Transcript of ACXM earnings conference call or presentation 3-Aug-17 9:00pm GMT (finance.yahoo.com)
- Kepler is the First Independent Agency to Integrate LiveRamp’s IdentityLink to Enhance People-Based Marketing Capabilities (finance.yahoo.com)
- Acxiom (ACXM) Misses Earnings & Revenues Estimates in Q1 (finance.yahoo.com)
- Acxiom Corporation (ACXM) Given Consensus Recommendation of “Hold” by Brokerages (americanbankingnews.com)
Shares of Acxiom Corporation (ACXM) traded down 6.31% on Friday, reaching $25.08. The company had a trading volume of 2,864,957 shares. The company has a 50-day moving average price of $26.38 and a 200-day moving average price of $27.39. Acxiom Corporation has a 52-week low of $22.72 and a 52-week high of $30.40. The firm has a market capitalization of $1.97 billion, a PE ratio of 501.60 and a beta of 1.24.
Acxiom Corporation (NASDAQ:ACXM) last posted its quarterly earnings data on Thursday, August 3rd. The information technology services provider reported $0.14 EPS for the quarter, hitting analysts’ consensus estimates of $0.14. The business had revenue of $213 million for the quarter, compared to analyst estimates of $217.32 million. Acxiom Corporation had a positive return on equity of 3.26% and a negative net margin of 0.13%. The firm’s revenue for the quarter was down .8% on a year-over-year basis. During the same period in the previous year, the company posted $0.15 earnings per share. Equities research analysts forecast that Acxiom Corporation will post $0.81 EPS for the current fiscal year.
A number of equities research analysts have recently issued reports on the company. Zacks Investment Research upgraded Acxiom Corporation from a “sell” rating to a “hold” rating in a research note on Tuesday, July 18th. BidaskClub upgraded Acxiom Corporation from a “strong sell” rating to a “sell” rating in a research note on Wednesday, July 19th. Cantor Fitzgerald reiterated an “overweight” rating and issued a $35.00 target price (up previously from $33.00) on shares of Acxiom Corporation in a research note on Wednesday, May 17th. Finally, BMO Capital Markets reiterated a “buy” rating and issued a $32.00 target price on shares of Acxiom Corporation in a research note on Monday, April 17th. One investment analyst has rated the stock with a sell rating, two have issued a hold rating and four have assigned a buy rating to the company. Acxiom Corporation presently has an average rating of “Hold” and a consensus price target of $33.20.
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In other news, Director Clark M. Kokich sold 3,855 shares of Acxiom Corporation stock in a transaction dated Wednesday, June 21st. The stock was sold at an average price of $25.84, for a total value of $99,613.20. Following the transaction, the director now directly owns 80,506 shares in the company, valued at $2,080,275.04. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Insiders own 3.54% 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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