CA, Inc. (CA) trades at Below Its net asset value B

Analyst forcast CA, Inc. per share earnings to drop of 4.32% by next year . Has seen active investors interest boosted by strong market cap in Technology sector, backed by current value of outstanding shares stand at $13891.55 M .

CA, Inc. has ability to meet its short term obligations with its most liquid assets, and it is not difficult to see with Quick R at 1.2 CA liquidity position is strong .

Trend indicate company is showing showing resistance as stock remains at 10.71% below its 52 Week High . With trades near 52W high, opportunity for traders to open positions in company which are trading below fair value leading to immense potential in long term.

CA, Inc. stocks at 0.73 Beta shows lower association with the wider index, further continued low Sharpe ratio influences expected growth on the stock . With boost in current upwards growth rate of 2.69%, 19.51 PE set for uptrend .

Total Money flow for the day ended at $9148.77mn with tick up at $21725.94mn and tick down at $12577.17mn led to up /down ratio of 1.73x, however markets has seen a steady recovery backed by $9224.01mn in block trades of which $5081.78mn saw weaker sentiment, while $14305.79 were positive movement Supported by a string of factors, sector saw a change of 196.17 closing at 15962.93.

With very aggressive development , they have really been able to accommodate their ROA value at a much comfortable level . Companies P /E value considering future earnings calculated at 13.16x.

Company forward earnings are set to be lower than anticipated , as a result CA, Inc. price /earnings ratio over Next Fiscal calendar is 13.16. Share holders returns in investment in the CA has been better compared to its peers .

As prices continue to hit support at $32.74, SMA is often slow to react to real time price movements , andTechnology firm having consistently found support above its 200 Moving AVG and has continued to touch new bases .

With CR of 1.2 company has no less than twice as many short-term assets than short-term liabilities, Current company assets can satisfy companies short term liability and board should have little issue with liquidity.

Traders are bullish for future growth prospects of the business and supported by traders interest present in this Technology sector as current share price are expensive relative to its per-share earnings .

And stock might not look all that expensive right now in terms of Technology sector’s median PE ratio of about 27.43. The PEG ratio of the company currently trades at 7.26 times which is relatively stable for a company of the size of CA, Inc..

Companies financials are fundamentally strong but are sustainable in long term with price to book value at 2.36. Charts indicate negative pattern with rsi 60.42 indicating of the downtrend, overall company charts are currently indicating a some what movement , RSI might move only between the stable levels of 40 and 80.

Share this post