Report
Andrew Lange
EUR 98.48 For Business Accounts Only

CA Reports Good Fourth Quarter, Products Resonating with Clients; Shares Fairly Valued

CA Technologies reported a good fourth quarter as the company met our financial expectations. On a year-over-year basis, it was the first time CA had grown its top line since 2012, driven by a solid sales performance from the Enterprise Solutions, or ES, business which was supported by acquisition-related growth. For the coming year, we expect the ES business to once again drive CA’s revenue growth with the recent acquisitions of Automic and Veracode making a meaningful contribution. Our long-te...
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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