Jefferies Group restated their hold rating on shares of CSRA (NYSE:CSRA) in a report released on Monday morning. The firm currently has a $33.00 target price on the technology company’s stock. Jefferies Group also issued estimates for CSRA’s FY2019 earnings at $2.08 EPS and FY2020 earnings at $2.29 EPS.

Several other research analysts have also issued reports on the company. Zacks Investment Research lowered CSRA from a hold rating to a sell rating in a research note on Wednesday, November 15th. Wells Fargo & Co increased their target price on CSRA from $37.00 to $42.00 and gave the stock an outperform rating in a report on Wednesday, October 25th. Vertical Research cut CSRA from a hold rating to a sell rating and set a $31.00 target price on the stock. in a report on Tuesday, October 3rd. SunTrust Banks upgraded CSRA from a hold rating to a buy rating and increased their target price for the stock from $34.00 to $39.00 in a report on Friday, September 15th. Finally, TheStreet upgraded CSRA from a c rating to a b- rating in a report on Monday, December 4th. Two analysts have rated the stock with a sell rating, three have given a hold rating and seven have issued a buy rating to the company. The company presently has an average rating of Hold and an average target price of $36.30.

CSRA (CSRA) traded down $0.03 during trading on Monday, reaching $32.08. The company’s stock had a trading volume of 976,519 shares, compared to its average volume of 962,667. The company has a quick ratio of 1.05, a current ratio of 1.05 and a debt-to-equity ratio of 5.68. CSRA has a 1 year low of $27.38 and a 1 year high of $33.67. The firm has a market capitalization of $5,250.00 and a price-to-earnings ratio of 16.71.

CSRA (NYSE:CSRA) last released its quarterly earnings data on Tuesday, November 7th. The technology company reported $0.46 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.48 by ($0.02). CSRA had a return on equity of 79.44% and a net margin of 6.35%. The company had revenue of $1.27 billion for the quarter, compared to analyst estimates of $1.27 billion. During the same quarter in the prior year, the company earned $0.56 earnings per share. The business’s revenue was up .7% compared to the same quarter last year. sell-side analysts forecast that CSRA will post 1.95 EPS for the current fiscal year.

The firm also recently announced a quarterly dividend, which will be paid on Thursday, January 25th. Stockholders of record on Thursday, January 4th will be issued a dividend of $0.10 per share. This represents a $0.40 annualized dividend and a dividend yield of 1.25%. The ex-dividend date is Wednesday, January 3rd. CSRA’s payout ratio is presently 20.83%.

Several hedge funds have recently made changes to their positions in the company. Vanguard Group Inc. grew its holdings in shares of CSRA by 0.4% during the second quarter. Vanguard Group Inc. now owns 19,408,917 shares of the technology company’s stock worth $616,233,000 after purchasing an additional 82,283 shares during the last quarter. BlackRock Inc. boosted its holdings in CSRA by 2.0% in the second quarter. BlackRock Inc. now owns 8,520,575 shares of the technology company’s stock valued at $270,528,000 after acquiring an additional 165,504 shares during the last quarter. Franklin Resources Inc. boosted its holdings in CSRA by 2.0% in the second quarter. Franklin Resources Inc. now owns 4,178,398 shares of the technology company’s stock valued at $132,664,000 after acquiring an additional 83,136 shares during the last quarter. Prudential PLC boosted its holdings in CSRA by 42.5% in the second quarter. Prudential PLC now owns 2,450,600 shares of the technology company’s stock valued at $77,807,000 after acquiring an additional 730,300 shares during the last quarter. Finally, Royal Bank of Canada boosted its holdings in CSRA by 17.2% in the second quarter. Royal Bank of Canada now owns 1,587,157 shares of the technology company’s stock valued at $50,390,000 after acquiring an additional 232,886 shares during the last quarter. Institutional investors own 94.66% of the company’s stock.

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About CSRA

CSRA Inc is a provider of information technology services to the United States federal government. The Company operates through two segments: Defense and Intelligence, and Civil. The Defense and Intelligence segment provides services to the Department of Defense (DoD), National Security Agency, branches of the Armed Forces, and other DoD and Intelligence agencies.

Analyst Recommendations for CSRA (NYSE:CSRA)

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