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

Key Points

• DXC Technology has received a consensus rating of "Reduce" from brokerages, with two firms issuing a sell rating and five analysts recommending a hold.
• Several institutions have adjusted their price targets for DXC, notably JPMorgan lowering theirs from $18.00 to $14.00, indicating potential weakness in the stock.
• Insider selling activity was noted, with an SVP divesting 2,500 shares at an average price of $14.52, slightly reducing their total holdings in the company.

DXC Technology Company. (NYSE:DXC - Get Free Report) has received a consensus rating of "Reduce" from the seven ratings firms that are covering the stock, Marketbeat Ratings reports. Two equities research analysts have rated the stock with a sell rating and five have assigned a hold rating to the company. The average 12 month price target among brokerages that have issued a report on the stock in the last year is $15.60.

Several research firms have recently commented on DXC. JPMorgan Chase & Co. decreased their price target on shares of DXC Technology from $18.00 to $14.00 and set an "underweight" rating for the company in a report on Wednesday, August 20th. Royal Bank Of Canada decreased their price target on shares of DXC Technology from $18.00 to $16.00 and set a "sector perform" rating for the company in a report on Friday, August 1st. Morgan Stanley decreased their price target on shares of DXC Technology from $16.00 to $15.00 and set an "equal weight" rating for the company in a report on Friday, August 1st. Weiss Ratings reaffirmed a "sell (d)" rating on shares of DXC Technology in a report on Wednesday, October 8th. Finally, Wall Street Zen raised shares of DXC Technology from a "hold" rating to a "buy" rating in a report on Sunday, July 20th.

Insider Transactions at DXC Technology

In other DXC Technology news, SVP Christopher Anthony Voci sold 2,500 shares of the business's stock in a transaction dated Thursday, September 11th. The shares were sold at an average price of $14.52, for a total transaction of $36,300.00. Following the completion of the transaction, the senior vice president directly owned 91,105 shares of the company's stock, valued at $1,322,844.60. The trade was a 2.67% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. 0.61% of the stock is owned by insiders.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently bought and sold shares of DXC. AQR Capital Management LLC boosted its stake in DXC Technology by 97.0% during the 2nd quarter. AQR Capital Management LLC now owns 3,933,973 shares of the company's stock valued at $60,150,000 after purchasing an additional 1,936,726 shares during the period. Millennium Management LLC raised its position in shares of DXC Technology by 1,765.9% during the 1st quarter. Millennium Management LLC now owns 1,652,331 shares of the company's stock worth $28,172,000 after buying an additional 1,563,775 shares in the last quarter. Norges Bank bought a new stake in shares of DXC Technology during the 2nd quarter worth about $16,589,000. Qube Research & Technologies Ltd raised its position in shares of DXC Technology by 1,156.1% during the 2nd quarter. Qube Research & Technologies Ltd now owns 1,132,578 shares of the company's stock worth $17,317,000 after buying an additional 1,042,409 shares in the last quarter. Finally, LSV Asset Management raised its position in shares of DXC Technology by 22.7% during the 1st quarter. LSV Asset Management now owns 4,151,398 shares of the company's stock worth $70,781,000 after buying an additional 769,026 shares in the last quarter. 96.20% of the stock is owned by institutional investors and hedge funds.

DXC Technology Price Performance

Shares of DXC stock opened at $13.11 on Thursday. The firm has a market cap of $2.35 billion, a P/E ratio of 6.36 and a beta of 1.12. The company has a debt-to-equity ratio of 0.90, a current ratio of 1.22 and a quick ratio of 1.22. DXC Technology has a 1-year low of $12.24 and a 1-year high of $24.83. The firm has a fifty day moving average of $13.86 and a two-hundred day moving average of $14.70.

DXC Technology (NYSE:DXC - Get Free Report) last posted its quarterly earnings results on Thursday, July 31st. The company reported $0.68 EPS for the quarter, beating the consensus estimate of $0.64 by $0.04. DXC Technology had a net margin of 2.96% and a return on equity of 18.59%. The business had revenue of $3.16 billion during the quarter, compared to analyst estimates of $3.06 billion. During the same period in the previous year, the business posted $0.74 EPS. The company's quarterly revenue was down 2.4% on a year-over-year basis. 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, research analysts anticipate that DXC Technology will post 3.35 earnings per share 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).

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