Equities analysts expect CA, Inc. (NASDAQ:CA) to post $0.60 earnings per share for the current quarter, according to Zacks Investment Research. Five analysts have made estimates for CA’s earnings, with the highest EPS estimate coming in at $0.62 and the lowest estimate coming in at $0.59. CA reported earnings of $0.63 per share during the same quarter last year, which suggests a negative year over year growth rate of 4.8%. The business is expected to report its next quarterly earnings report after the market closes on Tuesday, January 30th.
On average, analysts expect that CA will report full-year earnings of $2.46 per share for the current year, with EPS estimates ranging from $2.45 to $2.47. For the next fiscal year, analysts forecast that the firm will post earnings of $2.58 per share, with EPS estimates ranging from $2.52 to $2.66. Zacks’ EPS calculations are an average based on a survey of sell-side research analysts that follow CA.
CA (NASDAQ:CA) last posted its earnings results on Wednesday, October 25th. The technology company reported $0.62 EPS for the quarter, hitting the Zacks’ consensus estimate of $0.62. CA had a return on equity of 15.74% and a net margin of 17.83%. The business had revenue of $1.03 billion during the quarter, compared to analyst estimates of $1.05 billion. During the same quarter last year, the company earned $0.67 EPS. The company’s quarterly revenue was up 1.6% compared to the same quarter last year.
Several equities research analysts have weighed in on the company. Mizuho reissued a “hold” rating and set a $34.00 price objective on shares of CA in a research note on Wednesday, October 25th. Zacks Investment Research cut CA from a “buy” rating to a “hold” rating in a research note on Tuesday, October 31st. BidaskClub cut CA from a “hold” rating to a “sell” rating in a research note on Saturday, January 6th. KeyCorp reaffirmed a “sector weight” rating on shares of CA in a research note on Sunday, September 17th. Finally, Barclays dropped their price objective on CA from $36.00 to $34.00 and set an “equal weight” rating on the stock in a research note on Thursday, October 26th. Four investment analysts have rated the stock with a sell rating, ten have assigned a hold rating and five have issued a buy rating to the stock. The company currently has a consensus rating of “Hold” and an average price target of $33.70.
CA (CA) traded down $0.28 during midday trading on Thursday, reaching $33.48. The company had a trading volume of 2,562,100 shares, compared to its average volume of 2,100,871. CA has a 12 month low of $30.45 and a 12 month high of $36.54. The stock has a market capitalization of $14,090.00, a P/E ratio of 19.35, a PEG ratio of 4.54 and a beta of 0.74. The company has a quick ratio of 1.24, a current ratio of 1.24 and a debt-to-equity ratio of 0.42.
The company also recently announced a quarterly dividend, which was paid on Tuesday, December 12th. Investors of record on Thursday, November 30th were given a $0.255 dividend. This represents a $1.02 annualized dividend and a dividend yield of 3.05%. The ex-dividend date was Wednesday, November 29th. CA’s payout ratio is 58.96%.
In related news, EVP Lauren Patricia Flaherty sold 24,843 shares of the company’s stock in a transaction on Wednesday, November 1st. The stock was sold at an average price of $32.59, for a total value of $809,633.37. Following the transaction, the executive vice president now directly owns 82,000 shares of the company’s stock, valued at approximately $2,672,380. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. 0.90% of the stock is owned by corporate insiders.
Several large investors have recently bought and sold shares of the company. Vanguard Group Inc. lifted its stake in CA by 22.3% in the 2nd quarter. Vanguard Group Inc. now owns 32,166,860 shares of the technology company’s stock valued at $1,108,792,000 after buying an additional 5,855,217 shares in the last quarter. Bank of New York Mellon Corp lifted its stake in CA by 12.0% in the 3rd quarter. Bank of New York Mellon Corp now owns 30,244,351 shares of the technology company’s stock valued at $1,009,556,000 after buying an additional 3,240,645 shares in the last quarter. BlackRock Inc. lifted its stake in CA by 1.5% in the 2nd quarter. BlackRock Inc. now owns 21,017,338 shares of the technology company’s stock valued at $724,466,000 after buying an additional 300,439 shares in the last quarter. Dimensional Fund Advisors LP lifted its stake in CA by 3.0% in the 2nd quarter. Dimensional Fund Advisors LP now owns 5,800,913 shares of the technology company’s stock valued at $199,953,000 after buying an additional 170,063 shares in the last quarter. Finally, Skandinaviska Enskilda Banken AB publ lifted its stake in CA by 541.5% in the 3rd quarter. Skandinaviska Enskilda Banken AB publ now owns 3,150,132 shares of the technology company’s stock valued at $105,151,000 after buying an additional 2,659,100 shares in the last quarter. Hedge funds and other institutional investors own 68.84% of the company’s stock.
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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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