BMO Capital Markets restated their buy rating on shares of Acxiom (NASDAQ:ACXM) in a report released on Monday. The firm currently has a $33.00 price objective on the information technology services provider’s stock.

ACXM has been the subject of several other reports. Stephens raised their price target on Acxiom from $31.00 to $35.00 and gave the company an overweight rating in a report on Friday, February 16th. They noted that the move was a valuation call. BidaskClub upgraded Acxiom from a hold rating to a buy rating in a report on Thursday, April 12th. TheStreet upgraded Acxiom from a c rating to a b rating in a report on Tuesday, February 6th. Zacks Investment Research downgraded Acxiom from a hold rating to a sell rating in a report on Tuesday, January 2nd. Finally, ValuEngine downgraded Acxiom from a hold rating to a sell rating in a report on Tuesday, April 3rd. Two research analysts have rated the stock with a sell rating and seven have assigned a buy rating to the company. Acxiom currently has an average rating of Buy and a consensus price target of $32.40.

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Shares of NASDAQ:ACXM opened at $24.59 on Monday. Acxiom has a 1-year low of $18.60 and a 1-year high of $32.93. The company has a quick ratio of 2.21, a current ratio of 2.21 and a debt-to-equity ratio of 0.29. The firm has a market cap of $1,934.44, a PE ratio of 79.32, a P/E/G ratio of 4.47 and a beta of 1.25.

Acxiom (NASDAQ:ACXM) last issued its quarterly earnings results 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 2.77% and a net margin of 1.14%. The firm had revenue of $234.87 million during the quarter, compared to the consensus estimate of $237.36 million. During the same period last year, the company earned $0.24 earnings per share. The company’s revenue was up 5.2% on a year-over-year basis. sell-side analysts predict that Acxiom will post 0.33 EPS for the current fiscal year.

Institutional investors have recently added to or reduced their stakes in the stock. Xact Kapitalforvaltning AB purchased a new stake in shares of Acxiom during the fourth quarter valued at $214,000. Meadow Creek Investment Management LLC boosted its position in shares of Acxiom by 28.9% during the fourth quarter. Meadow Creek Investment Management LLC now owns 10,500 shares of the information technology services provider’s stock valued at $289,000 after buying an additional 2,352 shares during the last quarter. Jane Street Group LLC purchased a new stake in shares of Acxiom during the fourth quarter valued at $300,000. American Century Companies Inc. purchased a new stake in shares of Acxiom during the fourth quarter valued at $304,000. Finally, ING Groep NV boosted its position in shares of Acxiom by 22.5% during the fourth quarter. ING Groep NV now owns 11,953 shares of the information technology services provider’s stock valued at $329,000 after buying an additional 2,199 shares during the last quarter. 99.47% of the stock is currently owned by institutional investors.

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About Acxiom

Acxiom Corporation operates as a technology and enablement services company in the United States, Europe, the Asia-Pacific, and internationally. The company operates through three segments: Connectivity, Audience Solutions, and Marketing Services. The Connectivity segment provides a foundational identity resolution layer, which enables its clients to identify and reach consumers across channels and measure the impact of marketing on sales.

Analyst Recommendations for Acxiom (NASDAQ:ACXM)

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