Acxiom (NASDAQ:ACXM)‘s stock had its “buy” rating reissued by equities researchers at Stephens in a research note issued to investors on Wednesday. They currently have a $31.00 price target on the information technology services provider’s stock. Stephens’ price objective would indicate a potential upside of 19.09% from the stock’s current price.

Several other equities analysts have also recently weighed in on ACXM. Cantor Fitzgerald restated a “buy” rating and set a $35.00 price objective on shares of Acxiom in a research note on Thursday, November 2nd. Zacks Investment Research upgraded Acxiom from a “hold” rating to a “buy” rating and set a $30.00 price objective on the stock in a research note on Monday, November 6th. BMO Capital Markets restated a “buy” rating and set a $32.00 price objective on shares of Acxiom in a research note on Wednesday, November 22nd. Finally, BidaskClub cut Acxiom from a “hold” rating to a “sell” rating in a research note on Thursday, January 25th. One investment analyst has rated the stock with a sell rating, one has assigned a hold rating and four have assigned a buy rating to the company. Acxiom currently has a consensus rating of “Buy” and a consensus target price of $33.00.

Shares of Acxiom (NASDAQ ACXM) opened at $26.03 on Wednesday. Acxiom has a 52-week low of $21.80 and a 52-week high of $29.75. The company has a debt-to-equity ratio of 0.30, a current ratio of 2.23 and a quick ratio of 2.23. The stock has a market cap of $2,042.67, a price-to-earnings ratio of 216.92, a P/E/G ratio of 7.49 and a beta of 1.25.

Acxiom (NASDAQ:ACXM) last issued its quarterly earnings data on Tuesday, February 6th. The information technology services provider reported $0.31 earnings per share for the quarter, beating the consensus estimate of $0.11 by $0.20. Acxiom had a return on equity of 2.79% and a net margin of 1.14%. The business had revenue of $234.87 million for the quarter, compared to analysts’ expectations of $237.36 million. During the same period last year, the business earned $0.24 EPS. The business’s revenue was up 5.2% on a year-over-year basis. equities analysts forecast that Acxiom will post 0.35 earnings per share for the current year.

A number of large investors have recently modified their holdings of the business. Suntrust Banks Inc. lifted its stake in Acxiom by 1.6% during the 2nd quarter. Suntrust Banks Inc. now owns 16,303 shares of the information technology services provider’s stock valued at $423,000 after acquiring an additional 254 shares in the last quarter. Amalgamated Bank raised its stake in shares of Acxiom by 3.7% during the 2nd quarter. Amalgamated Bank now owns 11,177 shares of the information technology services provider’s stock worth $290,000 after purchasing an additional 397 shares during the period. Macquarie Group Ltd. raised its stake in shares of Acxiom by 0.8% during the 2nd quarter. Macquarie Group Ltd. now owns 103,191 shares of the information technology services provider’s stock worth $2,681,000 after purchasing an additional 784 shares during the period. Stifel Financial Corp raised its stake in shares of Acxiom by 1.6% during the 2nd quarter. Stifel Financial Corp now owns 52,400 shares of the information technology services provider’s stock worth $1,361,000 after purchasing an additional 809 shares during the period. Finally, Thrivent Financial For Lutherans raised its stake in shares of Acxiom by 8.4% during the 2nd quarter. Thrivent Financial For Lutherans now owns 15,910 shares of the information technology services provider’s stock worth $413,000 after purchasing an additional 1,230 shares during the period. Institutional investors and hedge funds own 99.26% of the company’s stock.

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About Acxiom

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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