CSRA Inc (CSRA) is Initiated by Drexel Hamilton to Buy

CSRA Inc (CSRA) was Initiated by Drexel Hamilton to “Buy”. Drexel Hamilton advised their investors in a research report released on Nov 22, 2016.

On the company’s financial health, CSRA Inc reported $0.56 EPS for the quarter, beating the analyst consensus estimate by $ 0.10 according to the earnings call on Nov 9, 2016. Analyst had a consensus of $0.46. The company had revenue of $1263.00 million for the quarter, compared to analysts expectations of $1243.77 million. The company’s revenue was up 30.3% compared to the same quarter last year.

In a different news, on Nov 16, 2016, John Reing (EVP, Chief HR Officer) sold 15,000 shares at $31.45 per share price. According to the SEC, on Sep 15, 2016, Lawrence B Iii Prior (CEO) purchased 3,810 shares at $26.22 per share price. On Aug 16, 2016, Paul Nedzbala (EVP, Health and Civil Group) sold 15,467 shares at $26.00 per share price, according to the Form-4 filing with the securities and exchange commission.

CSRA Inc. formerly Computer Sciences Government Services Inc. is a provider of information technology services. The Company offers mission- and operations-related services across the United States federal government to Department of Defense (DoD) Intelligence Community and homeland security civil and healthcare agencies. The Company operates in two segments: Defense and Intelligence and Civil. The Defense and Intelligence segment provides services to the DoD National Security Agency branches of the Armed Forces and other DoD agencies. The Civil segment provides services to various federal agencies within the Department of Homeland Security and other federal civil agencies as well as various state and local agencies. The Company offers a range of IT solutions and professional services to enable its customers modernize their legacy systems protect their networks and assets and improve the effectiveness and efficiency of mission-critical functions.

CSRA Inc

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