Stephens reiterated their buy rating on shares of Acxiom (NASDAQ:ACXM) in a research report sent to investors on Wednesday. Stephens currently has a $31.00 price objective on the information technology services provider’s stock.

A number of other brokerages have also issued reports on ACXM. Zacks Investment Research lowered Acxiom from a hold rating to a sell rating in a research report on Tuesday, January 2nd. BidaskClub lowered Acxiom from a hold rating to a sell rating in a research report on Thursday, January 25th. BMO Capital Markets reissued a buy rating and issued a $32.00 target price on shares of Acxiom in a research report on Wednesday, November 22nd. Finally, Cantor Fitzgerald reissued a buy rating and issued a $35.00 target price on shares of Acxiom in a research report on Thursday, November 2nd. Two analysts have rated the stock with a hold rating and four have issued a buy rating to the company. Acxiom currently has a consensus rating of Buy and a consensus price target of $33.00.

Shares of Acxiom (ACXM) opened at $26.78 on Wednesday. Acxiom has a 1 year low of $21.80 and a 1 year high of $29.75. The stock has a market capitalization of $2,120.00, a P/E ratio of 223.17, a P/E/G ratio of 8.98 and a beta of 1.25. The company has a debt-to-equity ratio of 0.29, a current ratio of 2.21 and a quick ratio of 2.23.

Acxiom (NASDAQ:ACXM) last announced its earnings results on Tuesday, February 6th. The information technology services provider reported $0.31 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $0.11 by $0.20. Acxiom had a return on equity of 2.77% and a net margin of 1.14%. The business had revenue of $234.87 million for the quarter, compared to analyst estimates of $237.36 million. During the same quarter last year, the firm earned $0.24 EPS. Acxiom’s revenue for the quarter was up 5.2% compared to the same quarter last year. equities analysts expect that Acxiom will post 0.29 earnings per share for the current year.

A number of institutional investors have recently made changes to their positions in ACXM. Macquarie Group Ltd. increased its position in shares of Acxiom by 0.8% during the 2nd quarter. Macquarie Group Ltd. now owns 103,191 shares of the information technology services provider’s stock worth $2,681,000 after purchasing an additional 784 shares during the last quarter. Bamco Inc. NY increased its position in shares of Acxiom by 28.4% during the 3rd quarter. Bamco Inc. NY now owns 2,863,312 shares of the information technology services provider’s stock worth $70,552,000 after purchasing an additional 632,649 shares during the last quarter. Cipher Capital LP acquired a new position in shares of Acxiom during the 3rd quarter worth approximately $262,000. State of Tennessee Treasury Department increased its position in shares of Acxiom by 23.7% during the 3rd quarter. State of Tennessee Treasury Department now owns 52,200 shares of the information technology services provider’s stock worth $1,286,000 after purchasing an additional 10,000 shares during the last quarter. Finally, OxFORD Asset Management LLP acquired a new position in shares of Acxiom during the 3rd quarter worth approximately $587,000. 99.26% of the stock is currently owned by institutional investors and hedge funds.

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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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