Somewhat Critical News Coverage Very Likely to Affect CA (CA) Stock Price

News headlines about CA (NASDAQ:CA) have been trending somewhat negative this week, Alpha One Sentiment Analysis reports. The research group, a unit of Accern, identifies positive and negative press coverage by reviewing more than twenty million blog and news sources in real time. Alpha One ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores closest to one being the most favorable. CA earned a media sentiment score of -0.16 on Alpha One’s scale. Alpha One also gave headlines about the technology company an impact score of 87 out of 100, meaning that recent press coverage is very likely to have an impact on the stock’s share price in the near future.

Here are some of the headlines that may have effected Alpha One Sentiment’s analysis:

CA has been the subject of a number of research analyst reports. Zacks Investment Research upgraded CA from a “sell” rating to a “hold” rating in a research note on Tuesday, March 28th. Evercore ISI lowered CA from a “hold” rating to an “underperform” rating in a research note on Friday, March 3rd. FIG Partners upgraded CA to an “outperform” rating and raised their target price for the stock from $40.00 to $42.25 in a research note on Wednesday, May 3rd. Jefferies Group LLC restated a “buy” rating and issued a $38.00 target price on shares of CA in a research note on Friday, April 28th. Finally, DA Davidson lowered CA from a “buy” rating to a “neutral” rating in a research note on Monday, April 10th. Three investment analysts have rated the stock with a sell rating, seven have assigned a hold rating and six have given a buy rating to the stock. CA has a consensus rating of “Hold” and a consensus target price of $35.25.

CA (CA) traded down 0.81% during trading on Friday, hitting $31.71. The company’s stock had a trading volume of 3,547,657 shares. CA has a one year low of $30.01 and a one year high of $34.99. The firm has a market cap of $13.25 billion, a PE ratio of 17.14 and a beta of 0.92. The company has a 50-day moving average of $32.08 and a 200 day moving average of $32.07.

CA (NASDAQ:CA) last announced its earnings results on Thursday, May 11th. The technology company reported $0.54 EPS for the quarter, beating analysts’ consensus estimates of $0.49 by $0.05. CA had a net margin of 19.64% and a return on equity of 17.98%. The business had revenue of $1.01 billion during the quarter, compared to analysts’ expectations of $996.59 million. During the same period in the prior year, the company earned $0.60 earnings per share. The business’s revenue was up .3% compared to the same quarter last year. On average, equities analysts forecast that CA will post $2.39 earnings per share for the current year.

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, June 13th. Stockholders of record on Thursday, May 25th will be issued a $0.255 dividend. The ex-dividend date of this dividend is Tuesday, May 23rd. This represents a $1.02 dividend on an annualized basis and a dividend yield of 3.22%. CA’s payout ratio is 53.97%.

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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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