CA (NASDAQ:CA) Given Daily Coverage Optimism Score of 0.15
News articles about CA (NASDAQ:CA) have trended somewhat positive recently, according to Accern Sentiment. The research firm identifies positive and negative press coverage by monitoring more than twenty million blog and news sources in real time. Accern ranks coverage of companies on a scale of negative one to positive one, with scores closest to one being the most favorable. CA earned a media sentiment score of 0.15 on Accern’s scale. Accern also assigned news articles about the technology company an impact score of 46.0962925038305 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the stock’s share price in the near future.
These are some of the news articles that may have effected Accern Sentiment’s rankings:
- Technical Analysis That Matters: Pacific Biosciences of California, Inc. (PACB), Centene Corporation (fishinghd.com)
- Crocs, Inc. (NASDAQ:CROX) Shares Bought by California Public Employees Retirement System (famososartistas.com)
- RSI 76.87 Alerts: Pacific Biosciences of California, Inc. (PACB) stock to sell (currenthollywood.com)
- Pacific Biosciences of California, Inc. (NASDAQ:PACB) showed P/E ratio of 0 (vothemes.com)
- Pacific Biosciences Of California, Inc (iphonefresh.com)
Shares of CA (NASDAQ:CA) traded down 1.54% during midday trading on Thursday, hitting $32.05. The company had a trading volume of 3,885,427 shares. The company has a market capitalization of $13.50 billion, a P/E ratio of 17.81 and a beta of 0.86. CA has a 52 week low of $30.01 and a 52 week high of $36.54. The firm’s 50 day moving average is $33.62 and its 200 day moving average is $32.42.
CA (NASDAQ:CA) last posted its earnings results on Wednesday, August 2nd. The technology company reported $0.61 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.55 by $0.06. The company had revenue of $1.03 billion for the quarter, compared to analysts’ expectations of $1.01 billion. CA had a return on equity of 16.54% and a net margin of 18.59%. CA’s quarterly revenue was up 2.6% on a year-over-year basis. During the same period last year, the firm earned $0.64 earnings per share. Equities research analysts anticipate that CA will post $2.45 EPS for the current year.
The firm also recently announced a quarterly dividend, which will be paid on Tuesday, September 12th. Investors of record on Thursday, August 24th will be paid a $0.255 dividend. The ex-dividend date is Tuesday, August 22nd. This represents a $1.02 annualized dividend and a dividend yield of 3.18%. CA’s payout ratio is presently 56.67%.
A number of research firms have commented on CA. BidaskClub upgraded CA from a “strong sell” rating to a “sell” rating in a research report on Wednesday. Barclays PLC reiterated an “equal weight” rating and issued a $36.00 price target (up previously from $35.00) on shares of CA in a research report on Wednesday. Mizuho reiterated a “hold” rating and issued a $34.00 price target on shares of CA in a research report on Friday, July 28th. Zacks Investment Research lowered CA from a “buy” rating to a “hold” rating in a research report on Monday, July 17th. Finally, Sanford C. Bernstein reiterated an “underperform” rating and issued a $28.00 price target on shares of CA in a research report on Wednesday, June 28th. Four equities research analysts have rated the stock with a sell rating, nine have assigned a hold rating and five have assigned a buy rating to the company. CA currently has a consensus rating of “Hold” and an average price target of $35.09.
In other CA news, insider Ayman Sayed sold 30,194 shares of CA stock in a transaction that occurred on Wednesday, June 21st. The stock was sold at an average price of $35.62, for a total transaction of $1,075,510.28. Following the sale, the insider now directly owns 168,455 shares of the company’s stock, valued at approximately $6,000,367.10. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, insider Adam Elster sold 166,621 shares of CA stock in a transaction that occurred on Monday, August 7th. The shares were sold at an average price of $32.26, for a total value of $5,375,193.46. Following the sale, the insider now directly owns 251,356 shares in the company, valued at $8,108,744.56. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 197,489 shares of company stock worth $6,472,070. Insiders own 0.90% of the company’s stock.
CA Company Profile
CA, Inc (CA) is engaged in providing software solutions enabling customers to plan, develop, manage and secure applications and enterprise environments across distributed, cloud, mobile and mainframe platforms. The Company operates through three business segments: Mainframe Solutions, Enterprise Solutions and Services.
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