Somewhat Positive News Coverage Somewhat Unlikely to Affect Acxiom Corporation (ACXM) Stock Price
Headlines about Acxiom Corporation (NASDAQ:ACXM) have been trending somewhat positive on Thursday, according to Accern. The research firm identifies positive and negative news coverage by reviewing more than twenty million blog and news sources in real-time. Accern ranks coverage of companies on a scale of -1 to 1, with scores closest to one being the most favorable. Acxiom Corporation earned a news sentiment score of 0.15 on Accern’s scale. Accern also gave news articles about the information technology services provider an impact score of 46.1544945380057 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the immediate future.
ACXM has been the topic of a number of research analyst reports. Cantor Fitzgerald restated an “overweight” rating and issued a $35.00 target price on shares of Acxiom Corporation in a research report on Wednesday, June 14th. BMO Capital Markets restated a “buy” rating and issued a $32.00 target price on shares of Acxiom Corporation in a research report on Sunday, July 16th. Zacks Investment Research upgraded shares of Acxiom Corporation from a “sell” rating to a “hold” rating in a research report on Tuesday, July 18th. BidaskClub upgraded shares of Acxiom Corporation from a “strong sell” rating to a “sell” rating in a research report on Wednesday, July 19th. Finally, Dougherty & Co restated a “buy” rating on shares of Acxiom Corporation in a research report on Thursday, August 17th. One research analyst has rated the stock with a sell rating, two have issued a hold rating and three have issued a buy rating to the stock. The company has a consensus rating of “Hold” and an average target price of $32.75.
Shares of Acxiom Corporation (NASDAQ:ACXM) traded up 0.36% during trading on Thursday, hitting $25.17. 42,160 shares of the stock were exchanged. Acxiom Corporation has a 52 week low of $21.80 and a 52 week high of $30.40. The firm’s market capitalization is $2.00 billion. The stock’s 50 day moving average price is $23.55 and its 200 day moving average price is $26.00.
Acxiom Corporation (NASDAQ:ACXM) last issued its quarterly earnings results on Thursday, August 3rd. The information technology services provider reported $0.14 EPS for the quarter, hitting the Zacks’ consensus estimate of $0.14. The firm had revenue of $213.00 million for the quarter, compared to analyst estimates of $217.32 million. Acxiom Corporation had a negative net margin of 0.13% and a positive return on equity of 3.22%. The business’s revenue for the quarter was down .8% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $0.15 EPS. On average, equities analysts predict that Acxiom Corporation will post $0.80 earnings per share for the current year.
In other Acxiom Corporation news, CFO Warren Jenson acquired 10,000 shares of the business’s stock in a transaction dated Tuesday, August 22nd. The stock was bought at an average price of $22.09 per share, with a total value of $220,900.00. Following the purchase, the chief financial officer now owns 377,415 shares of the company’s stock, valued at $8,337,097.35. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. 3.54% of the stock is currently owned by corporate insiders.
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About Acxiom Corporation
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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