Report
Andrew Lange
EUR 100.00 For Business Accounts Only

CA Reports 4Q and Declares FY19 Restructuring Plan to Spur Subscription Shift; Shares Fairly Valued

CA’s fourth-quarter and full-year results were in line with our expectations with the company continuing to navigate its way toward higher growth opportunities associated with the application economy. Notably, management announced a fiscal 2019 restructuring plan that is expected to focus the company on its strategic priorities as it looks to shift more of its business to a subscription-based model. The restructuring, which is expected to be complete by the end of fiscal 2019, will see the termi...
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

Provider
Morningstar
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.

Analysts
Andrew Lange

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