DXC Technology Company. (NYSE:DXC) Given Average Recommendation of "Reduce" by Brokerages

Key Points

• Brokerages have given DXC Technology a consensus recommendation of "Reduce," with one sell rating and five hold ratings; the average 1-year target price is $15.60.
• Recent adjustments by analysts included BMO Capital Markets lowering its price target from $26.00 to $17.00, while JPMorgan decreased its target from $18.00 to $14.00.
• DXC Technology reported a quarterly EPS of $0.68, beating estimates, but its revenue declined 2.4% compared to the previous year.

Shares of DXC Technology Company. (NYSE:DXC - Get Free Report) have been given a consensus recommendation of "Reduce" by the six brokerages that are currently covering the firm, Marketbeat reports. One analyst has rated the stock with a sell rating and five have issued a hold rating on the company. The average 1-year target price among analysts that have issued a report on the stock in the last year is $15.60.

A number of research analysts have recently commented on the company. Wall Street Zen upgraded DXC Technology from a "hold" rating to a "buy" rating in a research report on Sunday, July 20th. BMO Capital Markets lowered their price target on DXC Technology from $26.00 to $17.00 and set a "market perform" rating for the company in a research report on Thursday, May 15th. JPMorgan Chase & Co. lowered their price target on DXC Technology from $18.00 to $14.00 and set an "underweight" rating for the company in a research report on Wednesday, August 20th. Guggenheim restated a "neutral" rating on shares of DXC Technology in a research report on Monday, May 12th. Finally, Royal Bank Of Canada lowered their price target on DXC Technology from $18.00 to $16.00 and set a "sector perform" rating for the company in a research report on Friday, August 1st.

Institutional Trading of DXC Technology

Institutional investors have recently bought and sold shares of the stock. Principal Financial Group Inc. lifted its position in DXC Technology by 2.4% in the first quarter. Principal Financial Group Inc. now owns 898,356 shares of the company's stock worth $15,317,000 after buying an additional 20,957 shares during the last quarter. XTX Topco Ltd bought a new stake in shares of DXC Technology during the first quarter worth $1,570,000. Allspring Global Investments Holdings LLC lifted its position in shares of DXC Technology by 323.4% during the first quarter. Allspring Global Investments Holdings LLC now owns 63,772 shares of the company's stock worth $1,106,000 after purchasing an additional 48,711 shares during the last quarter. Janney Montgomery Scott LLC lifted its position in shares of DXC Technology by 15.1% during the first quarter. Janney Montgomery Scott LLC now owns 20,767 shares of the company's stock worth $354,000 after purchasing an additional 2,724 shares during the last quarter. Finally, Twelve Points Wealth Management LLC lifted its position in shares of DXC Technology by 22.2% during the first quarter. Twelve Points Wealth Management LLC now owns 101,974 shares of the company's stock worth $1,739,000 after purchasing an additional 18,507 shares during the last quarter. 96.20% of the stock is currently owned by institutional investors.

DXC Technology Stock Up 0.3%

NYSE DXC opened at $14.14 on Wednesday. The company has a debt-to-equity ratio of 0.90, a quick ratio of 1.22 and a current ratio of 1.22. The company has a market capitalization of $2.53 billion, a P/E ratio of 6.86 and a beta of 1.18. DXC Technology has a one year low of $12.24 and a one year high of $24.83. The stock has a 50 day moving average price of $14.40 and a 200-day moving average price of $15.80.

DXC Technology (NYSE:DXC - Get Free Report) last posted its earnings results on Thursday, July 31st. The company reported $0.68 EPS for the quarter, beating analysts' consensus estimates of $0.64 by $0.04. The firm had revenue of $3.16 billion during the quarter, compared to the consensus estimate of $3.06 billion. DXC Technology had a return on equity of 18.59% and a net margin of 2.96%.The company's quarterly revenue was down 2.4% compared to the same quarter last year. During the same period in the prior year, the company earned $0.74 EPS. DXC Technology has set its Q2 2026 guidance at 0.650-0.750 EPS. FY 2026 guidance at 2.850-3.350 EPS. As a group, equities analysts predict that DXC Technology will post 3.35 EPS for the current fiscal year.

DXC Technology Company Profile

DXC Technology Company, together with its subsidiaries, provides information technology services and solutions in the United States, the United Kingdom, rest of Europe, Australia, and internationally. It operates in two segments, Global Business Services (GBS) and Global Infrastructure Services (GIS).

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.