Acxiom Corporation (ACXM) is Initiated by Cantor Fitzgerald to Buy, Price Target at $31

Acxiom Corporation (ACXM) was Initiated by Cantor Fitzgerald to “Buy” and the brokerage firm has set the Price Target at $31. Cantor Fitzgerald advised their investors in a research report released on Sep 15, 2016.

Many Wall Street Analysts have commented on Acxiom Corporation. Company shares were Reiterated by Dougherty & Company on Aug 5, 2016 to “Buy”, Firm has raised the Price Target to $ 35 from a previous price target of $28 .Company shares were Upgraded by BMO Capital Markets on Aug 5, 2016 to ” Outperform”, Firm has raised the Price Target to $ 28 from a previous price target of $23 .

On the company’s financial health, Acxiom Corporation reported $0.15 EPS for the quarter, beating the analyst consensus estimate by $ 0.06 according to the earnings call on Aug 4, 2016. Analyst had a consensus of $0.09. The company had revenue of $214.80 million for the quarter, compared to analysts expectations of $202.90 million. The company’s revenue was up 9.1% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.09 EPS.

Acxiom Corporation closed down -0.05 points or -0.19% at $25.74 with 288,956 shares getting traded on Wednesday. Post opening the session at $25.87, the shares hit an intraday low of $25.72 and an intraday high of $26.07 and the price fluctuated in this range throughout the day.Shares ended Wednesday session in Red.

In a different news, on Jul 11, 2016, S. Travis May (Divisional President) sold 31,354 shares at $21.75 per share price. According to the SEC, on May 20, 2016, John L. Battelle (director) purchased 1,251 shares at $19.97 per share price. On Mar 17, 2016, Richard E. Erwin (Divisional President) purchased 23,556 shares at $20.81 per share price, according to the Form-4 filing with the securities and exchange commission.

Acxiom Corporation is an enterprise data analytics and software-as-a-service company. The Company’s operating segments include Marketing and Data Services IT Infrastructure Management (ITO) and Other Services. The Marketing and Data Services segment includes its global lines of business for Customer Data Integration Consumer Insight Solutions Marketing Management Services (including the Audience Operating System and LiveRamp on-boarding services) e-mail Fulfillment Services and Consulting and Agency Services. The IT Infrastructure Management segment develops and delivers information technology (IT) outsourcing and transformational solutions. Its client list includes organizations in these regions across industry verticals including financial insurance and investment services automotive retail telecommunications high tech healthcare travel entertainment non-profit and government. It operates in the United States Europe South America and the Asia-Pacific region.

Acxiom Corporation

Leave a Reply

Acxiom Corporation - Is it time to Sell?

Top Brokerage Firms are advising their investors on Acxiom Corporation. Subscribe to MoneyFlowIndex.Org Pre-Market Alerts, You will be the first to know the street buzz.