Somewhat Favorable Media Coverage Somewhat Unlikely to Affect Acxiom (ACXM) Share Price
News articles about Acxiom (NASDAQ:ACXM) have trended somewhat positive on Tuesday, according to Accern Sentiment Analysis. The research group ranks the sentiment of media coverage by analyzing more than twenty million blog and news sources. Accern ranks coverage of companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Acxiom earned a coverage optimism score of 0.23 on Accern’s scale. Accern also gave media headlines about the information technology services provider an impact score of 45.6411148790143 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the company’s share price in the next several days.
These are some of the media headlines that may have impacted Accern Sentiment’s scoring:
- $239.15 Million in Sales Expected for Acxiom Corporation (ACXM) This Quarter (americanbankingnews.com)
- Brokerages Expect Acxiom Corporation (ACXM) Will Announce Earnings of $0.24 Per Share (americanbankingnews.com)
- Acxiom Stock – Why a Major Breakout May Be in the Works (profitconfidential.com)
- Nutanix's (NTNX) Q1 Loss Narrower Than Expected, Stock Up (finance.yahoo.com)
- Jellyfish and LiveRamp Partner to Build Consumer-Obsessed Digital Marketing Efforts (finance.yahoo.com)
Acxiom (NASDAQ:ACXM) traded down $0.01 during trading hours on Tuesday, hitting $27.37. The stock had a trading volume of 463,338 shares, compared to its average volume of 456,169. The company has a debt-to-equity ratio of 0.30, a current ratio of 2.23 and a quick ratio of 2.23. The stock has a market cap of $2,185.56, a price-to-earnings ratio of 114.96, a price-to-earnings-growth ratio of 5.26 and a beta of 1.30. Acxiom has a 52-week low of $21.80 and a 52-week high of $30.40.
Acxiom (NASDAQ:ACXM) last posted its quarterly earnings data on Wednesday, November 1st. The information technology services provider reported $0.22 EPS for the quarter, topping the consensus estimate of $0.17 by $0.05. The firm had revenue of $225.24 million during the quarter, compared to analyst estimates of $222.05 million. Acxiom had a positive return on equity of 2.61% and a negative net margin of 1.31%. Acxiom’s revenue was up 3.7% on a year-over-year basis. During the same period in the prior year, the business posted $0.18 EPS. research analysts anticipate that Acxiom will post 0.35 earnings per share for the current year.
Several research firms have recently weighed in on ACXM. BMO Capital Markets reissued a “buy” rating and set a $32.00 price target on shares of Acxiom in a report on Wednesday, November 22nd. Zacks Investment Research raised Acxiom from a “hold” rating to a “buy” rating and set a $30.00 price target on the stock in a report on Monday, November 6th. Cantor Fitzgerald reissued a “buy” rating and set a $35.00 price target on shares of Acxiom in a report on Thursday, November 2nd. BidaskClub cut Acxiom from a “sell” rating to a “strong sell” rating in a report on Tuesday, August 8th. Finally, Dougherty & Co reissued a “buy” rating on shares of Acxiom in a report on Thursday, August 17th. One investment analyst has rated the stock with a sell rating and four have issued a buy rating to the company. The company currently has an average rating of “Buy” and a consensus target price of $32.33.
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Acxiom 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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