CA (NASDAQ:CA) was downgraded by equities researchers at BidaskClub from a “hold” rating to a “sell” rating in a report released on Saturday, January 6th.
A number of other research analysts have also issued reports on the company. Zacks Investment Research lowered CA from a “buy” rating to a “hold” rating in a report on Tuesday, October 31st. Mizuho reaffirmed a “hold” rating and set a $34.00 target price on shares of CA in a report on Wednesday, October 25th. Barclays lowered their target price on CA from $36.00 to $34.00 and set an “equal weight” rating on the stock in a report on Thursday, October 26th. KeyCorp reissued a “sector weight” rating on shares of CA in a research note on Sunday, September 17th. Finally, ValuEngine raised CA from a “hold” rating to a “buy” rating in a research note on Monday, September 11th. Three equities research analysts have rated the stock with a sell rating, ten have issued a hold rating and five have assigned a buy rating to the company’s stock. The stock currently has a consensus rating of “Hold” and a consensus target price of $33.70.
CA (NASDAQ:CA) traded up $0.27 during mid-day trading on Friday, reaching $34.09. The company’s stock had a trading volume of 1,450,000 shares, compared to its average volume of 1,600,190. The company has a debt-to-equity ratio of 0.42, a current ratio of 1.24 and a quick ratio of 1.24. The company has a market capitalization of $14,155.14, a PE ratio of 19.59, a price-to-earnings-growth ratio of 4.51 and a beta of 0.74. CA has a 12 month low of $30.45 and a 12 month high of $36.54.
CA (NASDAQ:CA) last posted its earnings results on Wednesday, October 25th. The technology company reported $0.62 earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of $0.62. CA had a return on equity of 15.74% and a net margin of 17.83%. The company had revenue of $1.03 billion for the quarter, compared to analysts’ expectations of $1.05 billion. During the same period last year, the business posted $0.67 earnings per share. The firm’s quarterly revenue was up 1.6% compared to the same quarter last year. analysts predict that CA will post 2.25 EPS for the current fiscal year.
In other news, EVP Lauren Patricia Flaherty sold 24,843 shares of CA stock in a transaction dated Wednesday, November 1st. The stock was sold at an average price of $32.59, for a total transaction of $809,633.37. Following the completion of the sale, the executive vice president now directly owns 82,000 shares in the company, valued at approximately $2,672,380. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Company insiders own 0.90% of the company’s stock.
Institutional investors have recently made changes to their positions in the company. Fieldpoint Private Securities LLC acquired a new stake in CA in the 3rd quarter worth approximately $101,000. Northwestern Mutual Wealth Management Co. lifted its holdings in CA by 26.2% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 3,148 shares of the technology company’s stock worth $108,000 after purchasing an additional 654 shares during the last quarter. D.A. Davidson & CO. lifted its holdings in CA by 4.2% in the 2nd quarter. D.A. Davidson & CO. now owns 4,227 shares of the technology company’s stock worth $145,000 after purchasing an additional 169 shares during the last quarter. Ladenburg Thalmann Financial Services Inc. lifted its holdings in CA by 56.3% in the 3rd quarter. Ladenburg Thalmann Financial Services Inc. now owns 6,270 shares of the technology company’s stock worth $210,000 after purchasing an additional 2,259 shares during the last quarter. Finally, Sun Life Financial INC lifted its holdings in CA by 3,772.8% in the 2nd quarter. Sun Life Financial INC now owns 6,700 shares of the technology company’s stock worth $231,000 after purchasing an additional 6,527 shares during the last quarter. Institutional investors and hedge funds own 68.84% of the company’s stock.
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CA Company Profile
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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