DXC Technology Company. (NYSE:DXC) Given Consensus Rating of "Reduce" by Analysts

Key Points

• Analysts rate DXC Technology “Reduce.” Of 10 analysts, three recommend selling and seven recommend holding, with an average 12-month price target of $12.44.
• Institutional investors own 96.2% of the company. Several funds increased their positions, including CastleKnight Management, SG Americas Securities and Dimensional Fund Advisors.
• DXC reported quarterly EPS of $0.40, slightly below the $0.41 consensus estimate, while revenue of $3.0 billion exceeded forecasts but declined 5% year over year.

Shares of DXC Technology Company. (NYSE:DXC - Get Free Report) have been given a consensus rating of "Reduce" by the ten analysts that are presently covering the company, Marketbeat Ratings reports. Three research analysts have rated the stock with a sell rating and seven have assigned a hold rating to the company. The average 12 month target price among brokers that have issued a report on the stock in the last year is $12.4375.

DXC has been the subject of several research analyst reports. Zacks Research raised shares of DXC Technology from a "strong sell" rating to a "hold" rating in a research report on Monday, July 13th. Weiss Ratings restated a "sell (d)" rating on shares of DXC Technology in a research note on Friday. TD Cowen raised their price target on shares of DXC Technology from $10.00 to $12.00 and gave the stock a "hold" rating in a report on Monday, August 3rd. BMO Capital Markets lowered their price objective on shares of DXC Technology from $17.00 to $10.00 and set a "market perform" rating for the company in a research note on Monday, May 11th. Finally, Morgan Stanley set a $12.00 price objective on shares of DXC Technology in a research note on Monday, August 3rd.

Institutional Trading of DXC Technology

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the company. CastleKnight Management LP lifted its position in DXC Technology by 344.7% during the fourth quarter. CastleKnight Management LP now owns 324,651 shares of the company's stock valued at $4,756,000 after purchasing an additional 251,651 shares during the period. Dimensional Fund Advisors LP grew its position in DXC Technology by 2.6% during the 1st quarter. Dimensional Fund Advisors LP now owns 10,029,966 shares of the company's stock worth $126,068,000 after purchasing an additional 258,819 shares during the period. Waterfront Wealth Inc. raised its stake in shares of DXC Technology by 55.4% during the 4th quarter. Waterfront Wealth Inc. now owns 220,922 shares of the company's stock valued at $3,285,000 after buying an additional 78,730 shares during the last quarter. SG Americas Securities LLC raised its stake in shares of DXC Technology by 42.0% during the 1st quarter. SG Americas Securities LLC now owns 1,068,547 shares of the company's stock valued at $13,432,000 after buying an additional 316,218 shares during the last quarter. Finally, SEB Asset Management AB acquired a new position in shares of DXC Technology in the 1st quarter valued at about $12,103,000. Institutional investors and hedge funds own 96.20% of the company's stock.

DXC Technology Trading Down 1.2%

Shares of NYSE:DXC opened at $10.78 on Wednesday. The business's 50-day moving average is $9.62 and its 200 day moving average is $11.23. DXC Technology has a 1 year low of $7.90 and a 1 year high of $15.68. The firm has a market capitalization of $1.72 billion, a P/E ratio of 15.41 and a beta of 0.79. The company has a debt-to-equity ratio of 0.90, a current ratio of 1.41 and a quick ratio of 1.41.

DXC Technology (NYSE:DXC - Get Free Report) last issued its quarterly earnings results on Thursday, July 30th. The company reported $0.40 earnings per share for the quarter, missing the consensus estimate of $0.41 by ($0.01). DXC Technology had a return on equity of 15.60% and a net margin of 0.99%.The business had revenue of $3 billion during the quarter, compared to analyst estimates of $2.99 billion. During the same period in the prior year, the business posted $0.68 EPS. DXC Technology's revenue was down 5.0% compared to the same quarter last year. DXC Technology has set its Q2 2027 guidance at 0.550-0.550 EPS. On average, research analysts predict that DXC Technology will post 2.61 earnings per share for the current fiscal year.

About DXC Technology

DXC Technology, headquartered in Tysons Corner, Virginia, is a global leader in IT services and solutions. The company was formed in 2017 through the merger of Computer Sciences Corporation (CSC) and the Enterprise Services business of Hewlett Packard Enterprise, combining decades of experience in consulting, systems integration and managed services. Since its inception, DXC has focused on helping clients modernize IT environments and drive digital transformation across their organizations.

DXC Technology's core service offerings encompass cloud and platform services, applications and analytics, security, and workplace and mobility solutions.

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