CHICAGO, Aug. 21, 2012 /PRNewswire/ -- Zacks.com announces the list of stocks featured in the Analyst Blog. Every day the Zacks Equity Research analysts discuss the latest news and events impacting stocks and the financial markets. Stocks recently featured in the blog include BMC Software Inc. (Nasdaq:BMC), CA Inc. (Nasdaq:CA), Hewlett-Packard Co. (NYSE:HPQ), IBM Inc. (NYSE:IBM) and EMC Corp. (NYSE:EMC).
Get the most recent insight from Zacks Equity Research with the free Profit from the Pros newsletter: http://at.zacks.com/?id=5513
Here are highlights from Monday's Analyst Blog:
BMC Wins Specsavers Deal
BMC Software Inc. (Nasdaq:BMC) was selected by the privately-held UK-based Specsavers for their information technology service management (ITSM) needs. Specsavers, one of the world's biggest optical chain stores, is increasing its store count two-fold and they opted for BMC's solutions to efficiently address the multiple requirements of its optometrist partners. The financial impact for BMC was not disclosed.
Specsavers has a tight deadline in mind, which is expected to be met by the flexible nature of BMC's solution. Moreover, BMC found favor with Specsavers because its solutions surpassed the price-to-performance needs of the company. BMC not only met all the needs of Specsavers, but also offered a quality solution at a reasonable price to the company, which was one of the deciding factors.
Separately, BMC has been winning deals from different state departments. The company recently announced that it would provide its information ITSM support to the State of Connecticut for an undisclosed amount.
Significant Fed budget cuts have put a restriction on funds for IT administration. In such a situation, the state had no other option but to search for a cost-effective IT supervision system. After evaluating ITSM systems from key players such asCA Inc. CA
) andHewlett-Packard Co. HPQ
), the state's administration department found BMC Software's FootPrints solution to be suitable.
Despite the flow of deals, the company reported a sluggish first quarter. However, the company saw substantial cloud bookings and increased SaaS customers.
Additionally, BMC has witnessed growth in most of its business segments and generated decent cash flow. However, the company is a bit apprehensive about the bleak business conditions in Europe. Moreover, growing competition from big players such as IBM Inc. (NYSE:IBM), Hewlett-Packard Company, EMC Corp. (NYSE:EMC) and CA Incwill pose challenges for the company.
BMC carries a Zacks #3 Rank, implying a short-term Hold rating.
Want more from Zacks Equity Research? Subscribe to the free Profit from the Pros newsletter: http://at.zacks.com/?id=5515.
About Zacks Equity Research
Zacks Equity Research provides the best of quantitative and qualitative analysis to help investors know what stocks to buy and which to sell for the long-term.
Continuous coverage is provided for a universe of 1,150 publicly traded stocks. Our analysts are organized by industry which gives them keen insights to developments that affect company profits and stock performance. Recommendations and target prices are six-month time horizons.
Zacks "Profit from the Pros" e-mail newsletter provides highlights of the latest analysis from Zacks Equity Research. Subscribe to this free newsletter today: http://at.zacks.com/?id=5517
Zacks.com is a property of Zacks Investment Research, Inc., which was formed in 1978 by Leon Zacks. As a PhD from MIT Len knew he could find patterns in stock market data that would lead to superior investment results. Amongst his many accomplishments was the formation of his proprietary stock picking system; the Zacks Rank, which continues to outperform the market by nearly a 3 to 1 margin. The best way to unlock the profitable stock recommendations and market insights of Zacks Investment Research is through our free daily email newsletter; Profit from the Pros. In short, it's your steady flow of Profitable ideas GUARANTEED to be worth your time! Register for your free subscription to Profit from the Pros at http://at.zacks.com/?id=5518.
Visit http://www.zacks.com/performance for information about the performance numbers displayed in this press release.
Follow us on Twitter: http://twitter.com/zacksresearch
Join us on Facebook: http://www.facebook.com/home.php#/pages/Zacks-Investment-Research/57553657748?ref=ts
Disclaimer: Past performance does not guarantee future results. Investors should always research companies and securities before making any investments. Nothing herein should be construed as an offer or solicitation to buy or sell any security.
SOURCE Zacks Investment Research, Inc.