CSRA (CSRA) Raised to B- at TheStreet

TheStreet upgraded shares of CSRA (NYSE:CSRA) from a c rating to a b- rating in a report published on Monday morning.

CSRA has been the topic of a number of other reports. BidaskClub lowered shares of CSRA from a sell rating to a strong sell rating in a research note on Wednesday, November 15th. Wells Fargo & Company upped their target price on shares of CSRA from $37.00 to $42.00 and gave the stock an outperform rating in a research note on Wednesday, October 25th. SunTrust Banks upgraded shares of CSRA from a hold rating to a buy rating and upped their target price for the stock from $34.00 to $39.00 in a research note on Friday, September 15th. Vertical Research lowered shares of CSRA from a hold rating to a sell rating and set a $31.00 target price on the stock. in a research note on Tuesday, October 3rd. Finally, Zacks Investment Research upgraded shares of CSRA from a sell rating to a hold rating in a research note on Tuesday. Two equities research analysts have rated the stock with a sell rating, three have given a hold rating and seven have assigned a buy rating to the company’s stock. The stock currently has a consensus rating of Hold and an average price target of $36.50.

Shares of CSRA (NYSE:CSRA) opened at $28.94 on Monday. The stock has a market cap of $4,740.00 and a PE ratio of 15.31. CSRA has a 1 year low of $27.38 and a 1 year high of $33.67. The company has a debt-to-equity ratio of 5.68, a quick ratio of 1.05 and a current ratio of 1.05.

CSRA (NYSE:CSRA) last released its earnings results on Tuesday, November 7th. The technology company reported $0.46 earnings per share for the quarter, missing the Zacks’ 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 firm had revenue of $1.27 billion for the quarter, compared to analysts’ expectations of $1.27 billion. During the same quarter in the previous year, the company posted $0.56 earnings per share. The firm’s quarterly revenue was up .7% on a year-over-year basis. research analysts expect that CSRA will post 1.95 EPS for the current fiscal year.

A number of institutional investors have recently made changes to their positions in the business. CIBC Asset Management Inc increased its stake in CSRA by 0.3% in the second quarter. CIBC Asset Management Inc now owns 15,459 shares of the technology company’s stock valued at $491,000 after purchasing an additional 41 shares during the last quarter. Arizona State Retirement System increased its stake in CSRA by 0.3% in the second quarter. Arizona State Retirement System now owns 36,029 shares of the technology company’s stock valued at $1,144,000 after purchasing an additional 100 shares during the last quarter. Louisiana State Employees Retirement System increased its stake in CSRA by 1.1% in the second quarter. Louisiana State Employees Retirement System now owns 9,000 shares of the technology company’s stock valued at $286,000 after purchasing an additional 100 shares during the last quarter. Retirement Systems of Alabama increased its stake in CSRA by 0.4% in the second quarter. Retirement Systems of Alabama now owns 70,445 shares of the technology company’s stock valued at $2,237,000 after purchasing an additional 275 shares during the last quarter. Finally, PNC Financial Services Group Inc. increased its stake in CSRA by 2.2% in the second quarter. PNC Financial Services Group Inc. now owns 13,886 shares of the technology company’s stock valued at $441,000 after purchasing an additional 299 shares during the last quarter. Institutional investors own 94.74% of the company’s stock.

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CSRA Company Profile

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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