Somewhat Positive News Coverage Somewhat Unlikely to Impact Acxiom Corporation (ACXM) Share Price
Headlines about Acxiom Corporation (NASDAQ:ACXM) have trended somewhat positive this week, according to Accern Sentiment Analysis. Accern identifies positive and negative media coverage by monitoring more than twenty million blog and news sources in real-time. Accern ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. Acxiom Corporation earned a media sentiment score of 0.18 on Accern’s scale. Accern also assigned press coverage about the information technology services provider an impact score of 45.948790383013 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the near future.
These are some of the media headlines that may have effected Accern’s scoring:
- Acxiom Corporation (ACXM) Expected to Post Quarterly Sales of $239.15 Million (americanbankingnews.com)
- LiveRamp : Creates Educational Forum for Improving the Consumer Experience (4-traders.com)
- LiveRamp Creates Educational Forum for Improving the Consumer Experience (finance.yahoo.com)
- LiveRamp and Criteo Partner to Enhance Global People-Based Marketing Campaigns for Omnichannel Engagement (finance.yahoo.com)
Acxiom Corporation (NASDAQ ACXM) traded up $0.01 during midday trading on Wednesday, hitting $26.51. 367,600 shares of the stock were exchanged, compared to its average volume of 455,116. Acxiom Corporation has a 1-year low of $21.80 and a 1-year high of $30.40. 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 firm has a market capitalization of $2,097.13, a P/E ratio of 110.42, a PEG ratio of 5.05 and a beta of 1.28.
Acxiom Corporation (NASDAQ:ACXM) last posted its quarterly earnings results on Wednesday, November 1st. The information technology services provider reported $0.22 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.17 by $0.05. Acxiom Corporation had a negative net margin of 1.31% and a positive return on equity of 2.61%. The business had revenue of $225.24 million for the quarter, compared to the consensus estimate of $222.05 million. During the same period in the prior year, the business posted $0.18 earnings per share. Acxiom Corporation’s revenue for the quarter was up 3.7% compared to the same quarter last year. analysts anticipate that Acxiom Corporation will post 0.35 EPS for the current fiscal year.
A number of equities analysts have recently weighed in on the stock. Zacks Investment Research downgraded shares of Acxiom Corporation from a “hold” rating to a “sell” rating in a research note on Tuesday, August 8th. BidaskClub downgraded shares of Acxiom Corporation from a “sell” rating to a “strong sell” rating in a research note on Tuesday, August 8th. Dougherty & Co reaffirmed a “buy” rating on shares of Acxiom Corporation in a research note on Thursday, August 17th. Finally, Cantor Fitzgerald reaffirmed a “buy” rating and issued a $33.00 price target on shares of Acxiom Corporation in a research note on Friday, September 22nd. One analyst has rated the stock with a sell rating and four have assigned a buy rating to the company. The company presently has a consensus rating of “Buy” and a consensus target price of $32.33.
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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