Acxiom Corporation (NASDAQ:ACXM) is scheduled to announce its earnings results after the market closes on Thursday, August 3rd. Analysts expect the company to announce earnings of $0.14 per share for the quarter. Acxiom Corporation has set its FY18 guidance at $0.80 EPS.
Acxiom Corporation (NASDAQ:ACXM) last announced its earnings results on Tuesday, May 16th. The information technology services provider reported $0.15 earnings per share for the quarter, meeting the consensus estimate of $0.15. Acxiom Corporation had a return on equity of 3.80% and a net margin of 0.47%. The company had revenue of $224.87 million for the quarter, compared to the consensus estimate of $221.96 million. During the same period last year, the business posted $0.18 EPS. The company’s revenue was up .1% on a year-over-year basis. On average, analysts expect Acxiom Corporation to post $0.82 EPS for the current fiscal year and $1.10 EPS for the next fiscal year.
Acxiom Corporation (NASDAQ ACXM) opened at 26.95 on Wednesday. Acxiom Corporation has a 52 week low of $22.72 and a 52 week high of $30.40. The stock has a market capitalization of $2.14 billion, a P/E ratio of 539.00 and a beta of 1.24. The firm has a 50 day moving average price of $26.38 and a 200 day moving average price of $27.39.
In other news, Director Clark M. Kokich sold 3,855 shares of the stock in a transaction that occurred on Wednesday, June 21st. The stock was sold at an average price of $25.84, for a total transaction of $99,613.20. Following the sale, the director now directly owns 80,506 shares in the company, valued at approximately $2,080,275.04. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 3.54% of the stock is currently owned by corporate insiders.
A number of analysts have recently weighed in on the company. Zacks Investment Research upgraded Acxiom Corporation from a “sell” rating to a “hold” rating in a research report on Tuesday, July 18th. BidaskClub upgraded Acxiom Corporation from a “strong sell” rating to a “sell” rating in a research report on Wednesday, July 19th. BMO Capital Markets reiterated a “buy” rating and set a $32.00 price target on shares of Acxiom Corporation in a research report on Sunday, July 16th. Finally, Cantor Fitzgerald reiterated an “overweight” rating and set a $35.00 price target on shares of Acxiom Corporation in a research report on Wednesday, June 14th. One equities research analyst has rated the stock with a sell rating, two have given a hold rating and four have issued a buy rating to the company’s stock. The stock currently has an average rating of “Hold” and a consensus price target of $33.20.
Acxiom Corporation Company Profile
Acxiom Corporation (Acxiom) is a technology and enablement services company. The Company operates through three business segments: Marketing Services, Audience Solutions, and Connectivity. The Company’s Marketing Services segment helps clients to unify data at individual level. The Audience Solutions segment helps clients to validate the accuracy of their people-based data, enhance it with additional insight and keep it up to date, enabling clients to reach desired audiences with relevant messages.
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