CA, Inc. (CA) Given Consensus Recommendation of “Hold” by Analysts

Shares of CA, Inc. (NASDAQ:CA) have been given a consensus rating of “Hold” by the thirteen analysts that are presently covering the company, MarketBeat.com reports. Ten equities research analysts have rated the stock with a hold recommendation and two have given a buy recommendation to the company. The average 12-month price target among brokers that have issued a report on the stock in the last year is $37.71.

Several research firms have recently weighed in on CA. BidaskClub upgraded CA from a “buy” rating to a “strong-buy” rating in a research note on Wednesday, October 24th. Zacks Investment Research cut CA from a “buy” rating to a “hold” rating in a research note on Monday, October 8th.

NASDAQ:CA remained flat at $$44.44 during trading hours on Thursday. The firm has a market capitalization of $18.58 billion, a P/E ratio of 19.16, a price-to-earnings-growth ratio of 3.84 and a beta of 0.73. CA has a 1-year low of $31.97 and a 1-year high of $44.47. The company has a current ratio of 2.21, a quick ratio of 2.21 and a debt-to-equity ratio of 0.32.

Several hedge funds have recently bought and sold shares of the company. BDO Wealth Advisors LLC purchased a new stake in CA during the second quarter valued at $100,000. Stelac Advisory Services LLC purchased a new stake in CA during the third quarter valued at $123,000. Bbva Compass Bancshares Inc. purchased a new stake in CA during the third quarter valued at $151,000. Captrust Financial Advisors increased its position in CA by 53.5% during the second quarter. Captrust Financial Advisors now owns 4,458 shares of the technology company’s stock valued at $159,000 after acquiring an additional 1,553 shares during the last quarter. Finally, Trust Co. of Toledo NA OH purchased a new stake in CA during the third quarter valued at $203,000. Hedge funds and other institutional investors own 69.66% of the company’s stock.

About CA

CA, Inc, doing business as CA technologies, develops, markets, delivers, and licenses software products and services in the United States and internationally. It operates through three segments: Mainframe Solutions, Enterprise Solutions, and Services. The Mainframe Solutions segment offers solutions for the IBM z Systems platform, which runs various mission critical business applications.

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Analyst Recommendations for CA (NASDAQ:CA)

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