Morningstar - CA Inc. (CA) Business as Usual for CA; Enterprise Solutions Remain Focal Growth Point, Shares Near Fair Value

Report

Morningstar

Andrew Lange

EUR 147.86 For Business Accounts Only

Business as Usual for CA; Enterprise Solutions Remain Focal Growth Point, Shares Near Fair Value

It was mostly business as usual during CAâ€™s second quarter. The companyâ€™s performance was characterized by ongoing emphasis on the higher-growth Enterprise Solutions business, which was the standout performer during the quarter. Enterprise Solutions revenue rose 7% year over year to $393 million (8% in constant currency) with clients looking to leverage CAâ€™s position in security, DevOps, and agile management and development. Bookings were notably lower given a tough year-over-year comparison. Ho...

28/10/2016 13 EN

Underlying

CA Inc.

CA is a provider of software solutions enabling customers to plan, develop, automate, manage and secure applications across mobile, cloud, distributed and mainframe platforms. The company has three operating segments: Enterprise Solutions, which includes products that are designed for mobile, cloud, and distributed computing environments and run on industry standard servers; Mainframe Solutions, which includes solutions for the IBM z Systems

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US12673P1057 United States

Provider

Morningstar

Morningstar, Inc. is a leading provider of independent investment research in North America, Europe, Australia, and Asia. The company offer an extensive line of products and services for individual investors, financial advisors, asset managers, and retirement plan providers and sponsors.

Morningstar provides data on approximately 530,000 investment offerings, including stocks, mutual funds, and similar vehicles, along with real-time global market data on more than 18 million equities, indexes, futures, options, commodities, and precious metals, in addition to foreign exchange and Treasury markets. Morningstar also offers investment management services through its investment advisory subsidiaries and had approximately $185 billion in assets under advisement and management as of June 30, 2016.

We have operations in 27 countries.

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Analysts

Andrew Lange

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Business as Usual for CA; Enterprise Solutions Remain Focal Growth Point, Shares Near Fair Value

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Feasibility Study Results in December to be a Catalyst for this Junior

Morningstar | CA Reports 1Q Results; We Expect Takeover by Broadcom to Close; Shares Fairly Valued

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Sasol Provides Full-Year Production Update

Astra Posts Solid 2Q, Driven by Strong Cancer Drug Sales and Moving Away From One-Time Divestments

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