CA (CA) Given News Sentiment Score of 0.18
Media stories about CA (NASDAQ:CA) have trended somewhat positive recently, Accern Sentiment reports. Accern scores the sentiment of news 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 closest to one being the most favorable. CA earned a news impact score of 0.18 on Accern’s scale. Accern also gave headlines about the company an impact score of 46.4118646124736 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the stock’s share price in the next few days.
Here are some of the headlines that may have effected Accern’s rankings:
- Enbridge Inc. and Fairfax India Holdings Corp. Q3 Results Disappoint: Should You Steer Clear of Both? (fool.ca)
- Financial Survey: GDS Holdings Ltd – (GDS) vs. CA (CA) (americanbankingnews.com)
- GDS Holdings Ltd – (GDS) and CA (CA) Financial Analysis (americanbankingnews.com)
- nor cal contracting inc – nor cal contracting inc nor cal solar power none payment to subs and took advantage of elderly Petaluma California (ripoffreport.com)
- Code 3 Security Inc (hotfrog.com)
A number of equities research analysts have weighed in on the stock. Zacks Investment Research cut shares of CA from a “buy” rating to a “hold” rating in a research report on Monday, July 17th. Mizuho reiterated a “hold” rating and set a $34.00 price target on shares of CA in a research report on Wednesday, October 25th. Barclays PLC dropped their price objective on shares of CA from $36.00 to $34.00 and set an “equal weight” rating for the company in a report on Thursday, October 26th. ValuEngine upgraded shares of CA from a “hold” rating to a “buy” rating in a report on Monday, September 11th. Finally, Credit Suisse Group restated a “neutral” rating and issued a $34.00 price objective on shares of CA in a report on Tuesday, September 5th. Four equities research analysts have rated the stock with a sell rating, eleven have given a hold rating and six have issued a buy rating to the company. The company has a consensus rating of “Hold” and an average target price of $33.67.
CA (CA) traded up $0.19 during midday trading on Monday, reaching $32.45. 1,677,400 shares of the company’s stock traded hands, compared to its average volume of 2,594,144. CA has a 12 month low of $30.01 and a 12 month high of $36.54.
CA (NASDAQ:CA) last posted its quarterly earnings results on Wednesday, October 25th. The company reported $0.62 EPS for the quarter, hitting the consensus estimate of $0.62. CA had a net margin of 17.37% and a return on equity of 12.22%. The company had revenue of $1.03 billion during the quarter, compared to analysts’ expectations of $1.05 billion. During the same quarter in the previous year, the business posted $0.67 EPS. The firm’s revenue was up 1.6% on a year-over-year basis.
The company also recently declared a quarterly dividend, which will be paid on Tuesday, December 12th. Shareholders of record on Thursday, November 30th will be issued a dividend of $0.255 per share. This represents a $1.02 annualized dividend and a yield of 3.14%. The ex-dividend date of this dividend is Wednesday, November 29th. CA’s dividend payout ratio (DPR) is presently 58.96%.
In other news, EVP Jacob Lamm sold 16,349 shares of the business’s stock in a transaction that occurred on Monday, September 11th. The shares were sold at an average price of $33.45, for a total transaction of $546,874.05. Following the completion of the sale, the executive vice president now owns 45,483 shares in the company, valued at approximately $1,521,406.35. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Also, EVP Lauren Patricia Flaherty sold 24,843 shares of the business’s stock in a transaction that occurred on Wednesday, November 1st. The stock was sold at an average price of $32.59, for a total transaction of $809,633.37. Following the sale, the executive vice president now owns 82,000 shares of the company’s stock, valued at approximately $2,672,380. The disclosure for this sale can be found here. Insiders have sold a total of 112,664 shares of company stock valued at $3,742,058 in the last 90 days.
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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