Acxiom Co. (NASDAQ:ACXM) saw some unusual options trading activity on Monday. Stock investors purchased 1,291 call options on the stock. This is an increase of approximately 1,384% compared to the typical daily volume of 87 call options.
Shares of Acxiom (NASDAQ ACXM) opened at $31.95 on Wednesday. The firm has a market cap of $2,530.00, a P/E ratio of -245.77, a P/E/G ratio of 10.93 and a beta of 1.18. The company has a debt-to-equity ratio of 0.29, a current ratio of 2.21 and a quick ratio of 2.21. Acxiom has a 52-week low of $21.80 and a 52-week high of $32.60.
Acxiom (NASDAQ:ACXM) last announced its quarterly earnings results on Tuesday, February 6th. The information technology services provider reported $0.31 earnings per share for the quarter, beating analysts’ consensus estimates of $0.11 by $0.20. The business had revenue of $234.87 million for the quarter, compared to the consensus estimate of $237.36 million. Acxiom had a net margin of 1.14% and a return on equity of 2.77%. Acxiom’s revenue for the quarter was up 5.2% on a year-over-year basis. During the same period last year, the company posted $0.24 EPS. research analysts predict that Acxiom will post 0.29 earnings per share for the current fiscal year.
Several research analysts have recently issued reports on ACXM shares. Zacks Investment Research raised shares of Acxiom from a “sell” rating to a “hold” rating in a research note on Tuesday, February 6th. Stephens reaffirmed a “buy” rating and issued a $31.00 target price on shares of Acxiom in a research note on Wednesday, February 7th. William Blair reiterated a “buy” rating on shares of Acxiom in a research report on Thursday, March 8th. BidaskClub upgraded shares of Acxiom from a “sell” rating to a “hold” rating in a research report on Friday, February 9th. Finally, BMO Capital Markets reiterated a “buy” rating and issued a $32.00 price target on shares of Acxiom in a research report on Wednesday, November 22nd. One analyst has rated the stock with a hold rating and six have assigned a buy rating to the company’s stock. Acxiom presently has an average rating of “Buy” and an average target price of $34.00.
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Acxiom Corporation (Acxiom) is a technology and enablement services company. The Company operates through three business segments: Marketing Services, Audience Solutions, and Connectivity. The Company’s Marketing Services segment helps clients to unify data at individual level. The Audience Solutions segment helps clients to validate the accuracy of their people-based data, enhance it with additional insight and keep it up to date, enabling clients to reach desired audiences with relevant messages.
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