Acxiom Corp. (NASDAQ:ACXM)‘s stock had its “buy” rating reissued by stock analysts at BMO Capital Markets in a note issued to investors on Monday.

ACXM has been the topic of several other research reports. Cantor Fitzgerald reaffirmed a “buy” rating and issued a $32.00 target price on shares of Acxiom Corp. in a report on Friday, November 18th. First Analysis cut shares of Acxiom Corp. from an “overweight” rating to an “equal weight” rating and set a $30.00 price objective on the stock. in a report on Friday, November 18th. Zacks Investment Research raised shares of Acxiom Corp. from a “hold” rating to a “buy” rating and set a $28.00 price objective on the stock in a report on Thursday, October 20th. Dougherty & Co raised their price objective on shares of Acxiom Corp. from $28.00 to $35.00 and gave the stock a “buy” rating in a report on Friday, August 5th. Finally, William Blair reissued an “outperform” rating on shares of Acxiom Corp. in a report on Wednesday, August 10th. Two analysts have rated the stock with a hold rating and four have issued a buy rating to the stock. Acxiom Corp. currently has a consensus rating of “Buy” and a consensus target price of $31.00.

Analyst Recommendations for Acxiom Corp. (NASDAQ:ACXM)

Acxiom Corp. (NASDAQ:ACXM) opened at 27.015 on Monday. The firm has a market capitalization of $2.09 billion, a PE ratio of 267.475 and a beta of 1.13. The company has a 50 day moving average of $25.35 and a 200 day moving average of $24.06. Acxiom Corp. has a 1-year low of $17.32 and a 1-year high of $27.38.

Acxiom Corp. (NASDAQ:ACXM) last issued its earnings results on Monday, November 7th. The company reported $0.18 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $0.11 by $0.07. The firm had revenue of $217 million for the quarter, compared to analysts’ expectations of $216.47 million. Acxiom Corp. had a net margin of 0.93% and a return on equity of 3.47%. The firm’s revenue was up 4.8% compared to the same quarter last year. During the same quarter last year, the company earned $0.14 earnings per share. Analysts forecast that Acxiom Corp. will post $0.61 EPS for the current year.

Several institutional investors have recently made changes to their positions in the company. D.A. Davidson & CO. purchased a new position in Acxiom Corp. during the third quarter worth $216,000. Ameritas Investment Partners Inc. raised its position in Acxiom Corp. by 65.9% in the third quarter. Ameritas Investment Partners Inc. now owns 30,352 shares of the company’s stock worth $809,000 after buying an additional 12,061 shares during the period. Kernodle & Katon Asset Management Group LLC raised its position in Acxiom Corp. by 1,348.0% in the third quarter. Kernodle & Katon Asset Management Group LLC now owns 46,872 shares of the company’s stock worth $1,249,000 after buying an additional 43,635 shares during the period. D. E. Shaw & Co. Inc. raised its position in Acxiom Corp. by 4.5% in the third quarter. D. E. Shaw & Co. Inc. now owns 953,269 shares of the company’s stock worth $25,405,000 after buying an additional 40,749 shares during the period. Finally, The Manufacturers Life Insurance Company purchased a new position in Acxiom Corp. during the third quarter worth $4,173,000. Institutional investors and hedge funds own 97.65% of the company’s stock.

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Acxiom Corp. 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.

5 Day Chart for NASDAQ:ACXM

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