CSRA Inc (NYSE:CSRA) has earned an average recommendation of “Hold” from the fourteen research firms that are presently covering the stock, Marketbeat Ratings reports. Two equities research analysts have rated the stock with a sell recommendation, nine have given a hold recommendation and two have issued a buy recommendation on the company. The average 1 year price target among analysts that have issued a report on the stock in the last year is $37.25.
CSRA has been the topic of several research reports. Raymond James reissued a “market perform” rating on shares of CSRA in a report on Tuesday, February 13th. Stifel Nicolaus lowered shares of CSRA from a “buy” rating to a “hold” rating in a report on Monday, February 12th. SunTrust Banks lowered shares of CSRA from a “buy” rating to a “hold” rating and set a $40.75 price objective on the stock. in a report on Wednesday, February 14th. Jefferies Group set a $35.00 price objective on shares of CSRA and gave the company a “hold” rating in a report on Wednesday, February 7th. Finally, Cowen reissued a “hold” rating and set a $35.00 price objective on shares of CSRA in a report on Wednesday, February 7th.
Shares of NYSE:CSRA traded up $0.01 during trading on Thursday, reaching $41.23. 17,928,600 shares of the company were exchanged, compared to its average volume of 4,118,089. The firm has a market cap of $6,758.67, a PE ratio of 21.59, a price-to-earnings-growth ratio of 1.87 and a beta of 0.84. CSRA has a 12-month low of $27.38 and a 12-month high of $41.60. The company has a debt-to-equity ratio of 4.39, a quick ratio of 1.04 and a current ratio of 1.04.
CSRA (NYSE:CSRA) last issued its earnings results on Wednesday, February 7th. The technology company reported $0.56 EPS for the quarter, topping the Zacks’ consensus estimate of $0.48 by $0.08. The business had revenue of $1.31 billion for the quarter, compared to analyst estimates of $1.27 billion. CSRA had a net margin of 7.46% and a return on equity of 68.98%. The company’s quarterly revenue was up 7.1% compared to the same quarter last year. During the same period last year, the company posted $0.48 earnings per share. equities research analysts predict that CSRA will post 2.04 EPS for the current fiscal year.
The company also recently announced a dividend, which was paid on Wednesday, March 28th. Shareholders of record on Thursday, March 29th were paid a $0.10 dividend. The ex-dividend date was Wednesday, March 28th. CSRA’s dividend payout ratio (DPR) is 20.94%.
Institutional investors and hedge funds have recently made changes to their positions in the business. Amundi Pioneer Asset Management Inc. acquired a new stake in CSRA in the fourth quarter valued at approximately $127,000. Neuberger Berman Group LLC acquired a new stake in CSRA in the third quarter valued at approximately $211,000. Meag Munich Ergo Kapitalanlagegesellschaft MBH acquired a new stake in CSRA in the fourth quarter valued at approximately $237,000. Zurcher Kantonalbank Zurich Cantonalbank boosted its stake in CSRA by 49.3% in the fourth quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 8,630 shares of the technology company’s stock valued at $258,000 after acquiring an additional 2,849 shares in the last quarter. Finally, LMR Partners LLP acquired a new stake in CSRA in the fourth quarter valued at approximately $289,000. Institutional investors own 94.32% of the company’s stock.
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CSRA Inc is a provider of information technology services to the United States federal government. The Company operates through two segments: Defense and Intelligence, and Civil. The Defense and Intelligence segment provides services to the Department of Defense (DoD), National Security Agency, branches of the Armed Forces, and other DoD and Intelligence agencies.
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