CA (CA) Getting Somewhat Positive Press Coverage, Study Finds

Media headlines about CA (NASDAQ:CA) have been trending somewhat positive this week, according to Accern. The research group identifies positive and negative news coverage by monitoring more than twenty million news and blog sources. Accern ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. CA earned a media sentiment score of 0.20 on Accern’s scale. Accern also assigned press coverage about the technology company an impact score of 46.0695242579101 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the stock’s share price in the near term.

Here are some of the headlines that may have effected Accern Sentiment’s rankings:

CA has been the topic of a number of research reports. Royal Bank Of Canada reaffirmed a “hold” rating and issued a $32.00 price target on shares of CA in a research note on Monday, August 21st. BidaskClub raised shares of CA from a “strong sell” rating to a “sell” rating in a research note on Thursday, September 28th. KeyCorp reaffirmed a “sector weight” rating on shares of CA in a research note on Sunday, September 17th. Credit Suisse Group reaffirmed a “neutral” rating and issued a $34.00 price target on shares of CA in a research note on Tuesday, September 5th. Finally, Mizuho reaffirmed a “hold” rating and issued a $34.00 price target on shares of CA in a research note on Wednesday, October 25th. Four investment analysts have rated the stock with a sell rating, ten have assigned a hold rating and five have assigned a buy rating to the company. The company currently has a consensus rating of “Hold” and an average price target of $33.70.

Shares of CA (CA) traded up $0.08 during mid-day trading on Wednesday, hitting $33.30. 1,699,960 shares of the stock were exchanged, compared to its average volume of 2,539,285. The company has a debt-to-equity ratio of 0.42, a quick ratio of 1.24 and a current ratio of 1.24. The company has a market capitalization of $13,950.00, a price-to-earnings ratio of 15.27, a PEG ratio of 4.44 and a beta of 0.74. CA has a twelve month low of $30.45 and a twelve month high of $36.54.

CA (NASDAQ:CA) last announced its quarterly earnings data on Wednesday, October 25th. The technology company reported $0.62 EPS for the quarter, hitting the Zacks’ consensus estimate of $0.62. The business had revenue of $1.03 billion for the quarter, compared to analyst estimates of $1.05 billion. CA had a net margin of 17.83% and a return on equity of 15.74%. The firm’s revenue for the quarter was up 1.6% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.67 earnings per share. equities analysts predict that CA will post 2.25 EPS for the current year.

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, December 12th. Stockholders of record on Thursday, November 30th will be given a $0.255 dividend. This represents a $1.02 dividend on an annualized basis and a dividend yield of 3.06%. The ex-dividend date is Wednesday, November 29th. CA’s dividend payout ratio is presently 58.96%.

In other CA news, EVP Jacob Lamm sold 16,349 shares of the company’s stock in a transaction on Monday, September 11th. The shares were sold at an average price of $33.45, for a total transaction of $546,874.05. Following the sale, the executive vice president now directly owns 45,483 shares of the company’s stock, valued at $1,521,406.35. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, 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 transaction of $809,633.37. Following the sale, the executive vice president now directly owns 82,000 shares in the company, valued at $2,672,380. The disclosure for this sale can be found here. In the last three months, insiders sold 112,427 shares of company stock worth $3,734,332. 0.90% of the stock is currently owned by insiders.

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About CA

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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