Media coverage about Acxiom (NASDAQ:ACXM) has been trending somewhat positive on Thursday, Accern reports. Accern rates the sentiment of press coverage by reviewing more than twenty million news and blog sources in real-time. Accern ranks coverage of companies on a scale of -1 to 1, with scores closest to one being the most favorable. Acxiom earned a news impact score of 0.18 on Accern’s scale. Accern also assigned news stories about the information technology services provider an impact score of 45.948790383013 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the next few days.
Here are some of the media headlines that may have effected Accern’s rankings:
Shares of Acxiom (NASDAQ ACXM) traded up $0.08 during midday trading on Thursday, hitting $27.33. 632,427 shares of the company traded hands, compared to its average volume of 456,140. 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 firm has a market capitalization of $2,168.13, a PE ratio of 114.04, a price-to-earnings-growth ratio of 5.21 and a beta of 1.30. Acxiom has a 12-month low of $21.80 and a 12-month high of $30.40.
Acxiom (NASDAQ:ACXM) last announced its earnings results on Wednesday, November 1st. The information technology services provider reported $0.22 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.17 by $0.05. The company had revenue of $225.24 million during the quarter, compared to analysts’ expectations of $222.05 million. Acxiom had a negative net margin of 1.31% and a positive return on equity of 2.61%. The firm’s quarterly revenue was up 3.7% compared to the same quarter last year. During the same quarter in the previous year, the business posted $0.18 earnings per share. research analysts forecast that Acxiom will post 0.35 earnings per share for the current fiscal year.
A number of equities research analysts have recently weighed in on ACXM shares. Cantor Fitzgerald reissued a “buy” rating and set a $35.00 price objective on shares of Acxiom in a research report on Thursday, November 2nd. Zacks Investment Research raised shares of Acxiom from a “sell” rating to a “hold” rating in a research report on Tuesday, October 3rd. Dougherty & Co reaffirmed a “buy” rating on shares of Acxiom in a report on Thursday, August 17th. Finally, BMO Capital Markets reaffirmed a “buy” rating and issued a $32.00 target price on shares of Acxiom in a report on Wednesday, November 22nd. One investment analyst has rated the stock with a sell rating and four have assigned a buy rating to the company’s stock. Acxiom currently has an average rating of “Buy” and a consensus target price of $32.33.
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Acxiom Company Profile
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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