Should I buy or sell DXC Technology stock right now?

9 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for DXC Technology in the last twelve months. There are currently 2 sell ratings and 7 hold ratings for the stock. The consensus among Wall Street research analysts is that investors should "reduce" DXC shares. View DXC analyst ratings or view top-rated stocks .

What is DXC Technology's stock price target for 2024?

9 Wall Street analysts have issued 1-year price objectives for DXC Technology's shares. Their DXC share price targets range from $22.00 to $28.00. On average, they anticipate the company's share price to reach $24.60 in the next year. This suggests a possible upside of 4.1% from the stock's current price. View analysts price targets for DXC or view top-rated stocks among Wall Street analysts .

How have DXC shares performed in 2023?

DXC Technology's stock was trading at $26.50 at the start of the year. Since then, DXC shares have decreased by 10.8% and is now trading at $23.64. View the best growth stocks for 2023 here .

Are investors shorting DXC Technology?

DXC Technology saw a increase in short interest in November. As of November 15th, there was short interest totaling 10,670,000 shares, an increase of 10.7% from the October 31st total of 9,640,000 shares. Based on an average daily trading volume, of 3,380,000 shares, the short-interest ratio is currently 3.2 days. Currently, 5.6% of the shares of the company are short sold. View DXC Technology's Short Interest .

When is DXC Technology's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, February 7th 2024. View our DXC earnings forecast .

How were DXC Technology's earnings last quarter?

DXC Technology (NYSE:DXC) issued its quarterly earnings results on Wednesday, November, 1st. The company reported $0.70 EPS for the quarter, beating the consensus estimate of $0.68 by $0.02. The company earned $3.44 billion during the quarter, compared to the consensus estimate of $3.44 billion. DXC Technology had a positive trailing twelve-month return on equity of 18.48% and a negative net margin of 4.00%. The firm's revenue was down 3.6% on a year-over-year basis. During the same period in the previous year, the company earned $0.75 EPS. Read the conference call transcript .

What ETFs hold DXC Technology's stock?

ETFs with the largest weight of DXC Technology (NYSE:DXC) stock in their portfolio include Invesco S&P 500 Pure Value ETF (RPV) , Invesco S&P 500 Equal Weight Technology ETF (RYT) , iShares Blockchain and Tech ETF (IBLC) , WisdomTree U.S. Value Fund (WTV) , WisdomTree U.S. Quality Shareholder Yield Fund (QSY) , SEI Enhanced U.S. Large Cap Value Factor ETF (SEIV) , Nuveen ESG Small-Cap ETF (NUSC) and Arrow Reverse Cap 500 ETF (YPS) .

What guidance has DXC Technology issued on next quarter's earnings?

DXC Technology updated its FY24 earnings guidance on Wednesday, November, 1st. The company provided earnings per share (EPS) guidance of $3.15-3.40 for the period, compared to the consensus EPS estimate of $3.17. The company issued revenue guidance of $13.58-13.73 billion, compared to the consensus revenue estimate of $13.88 billion.

What is Mike Salvino's approval rating as DXC Technology's CEO?

1,508 employees have rated DXC Technology Chief Executive Officer Mike Salvino on Glassdoor.com . Mike Salvino has an approval rating of 77% among the company's employees.

What other stocks do shareholders of DXC Technology own?

Based on aggregate information from My MarketBeat watchlists, some companies that other DXC Technology investors own include Hewlett Packard Enterprise (HPE) , NVIDIA (NVDA) , AT&T (T) , HP (HPQ) , Alibaba Group (BABA) , AbbVie (ABBV) , CVS Health (CVS) , Boeing (BA) , Bank of America (BAC) and Micron Technology (MU) .

Who are DXC Technology's major shareholders?

DXC Technology's stock is owned by a variety of retail and institutional investors. Top institutional investors include Invesco Ltd. (8.82%), Morgan Stanley (3.34%), LSV Asset Management (1.73%), Ameriprise Financial Inc. (1.55%), Charles Schwab Investment Management Inc. (1.31%) and Northern Trust Corp (1.16%). Insiders that own company stock include Raul J Fernandez, Raul J Fernandez , William L Deckelman Jr and William L Deckelman, Jr. View institutional ownership trends .

How do I buy shares of DXC Technology?

Shares of DXC stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull , Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. Compare Top Brokerages Here .

DXC Technology Stock Price, News & Analysis (NYSE:DXC)

$23.78

+0.14 (+0.59%)

(As of 09:57 AM ET)

Compare

Today's Range: $23.00
▼
$24.01
50-Day Range: $19.47
▼
$23.64
52-Week Range: $18.61
▼
$30.27

Volume: 145,606 shs
Average Volume: 2.32 million shs
Market Capitalization: $4.60 billion

P/E Ratio: N/A
Dividend Yield: N/A
Price Target: $24.60

DXC Technology MarketRank™ Stock Analysis

Analyst Rating: Reduce
1.78 Rating Score
Upside/Downside: 4.1% Upside
$24.60 Price Target
Short Interest: Bearish
5.58% of Float Sold Short
Dividend Strength: N/A
Sustainability: -1.58
Upright™ Environmental Score
News Sentiment: -0.20
Based on 8 Articles This Week
Insider Trading: N/A
Proj. Earnings Growth: 21.77%
From $3.17 to $3.86 Per Share

Overall MarketRank^™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

1.37 out of 5 stars

Computer And Technology Sector

550th out of 595 stocks

Data Processing & Preparation Industry

48th out of 55 stocks

0.9

Analyst's Opinion

Consensus Rating
DXC Technology has received a consensus rating of Reduce. The company's average rating score is 1.78, and is based on no buy ratings, 7 hold ratings, and 2 sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $24.60, DXC Technology has a forecasted upside of 4.1% from its current price of $23.64.
Amount of Analyst Coverage
DXC Technology has only been the subject of 3 research reports in the past 90 days.

2.0

Short Interest

Percentage of Shares Shorted
5.58% of the float of DXC Technology has been sold short.
Short Interest Ratio / Days to Cover
DXC Technology has a short interest ratio ("days to cover") of 3.2, which is generally considered an acceptable ratio of short interest to trading volume.
Change versus previous month
Short interest in DXC Technology has recently increased by 10.68%, indicating that investor sentiment is decreasing significantly.

0.0

Dividend Strength

Dividend Yield
DXC Technology does not currently pay a dividend.
Dividend Growth
DXC Technology does not have a long track record of dividend growth.

2.0

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
DXC Technology has received a 1.22% net impact score from Upright. The largest positive contribution comes from its "Distributing knowledge" impact, which is mostly driven by its "Enterprise systems integration consulting", "Software development consulting for the manufacturing industry", "Software development consulting for governments", and "Software development consulting for the travel industry" products. See details.
Environmental Sustainability
The Environmental Impact score for DXC Technology is -1.58.

1.6

News and Social Media Coverage

News Sentiment
DXC Technology has a news sentiment score of -0.20. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.59 average news sentiment score of Computer and Technology companies.
News Coverage This Week
MarketBeat has tracked 8 news articles for DXC Technology this week, compared to 9 articles on an average week.
Search Interest
3 people have searched for DXC on MarketBeat in the last 30 days.

1.7

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, DXC Technology insiders have not sold or bought any company stock.
Percentage Held by Insiders
Only 0.87% of the stock of DXC Technology is held by insiders.
Percentage Held by Institutions
88.09% of the stock of DXC Technology is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

1.9

Earnings and Valuation

Earnings Growth
Earnings for DXC Technology are expected to grow by 21.77% in the coming year, from $3.17 to $3.86 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of DXC Technology is -9.57, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Earnings Ratio vs. Sector
The P/E ratio of DXC Technology is -9.57, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Earnings Growth Ratio
DXC Technology has a PEG Ratio of 1.13. PEG Ratios above 1 indicate that a company could be overvalued.
Price to Book Value per Share Ratio
DXC Technology has a P/B Ratio of 1.41. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

About DXC Technology Stock (NYSE:DXC)

DXC Technology Company, together with its subsidiaries, provides information technology services and solutions primarily 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). The GBS segment offers a portfolio of analytics services and extensive partner ecosystem that help its customers to gain rapid insights, automate operations, and accelerate their transformation journeys; and software engineering, consulting, and data analytics solutions that enable businesses to run and manage their mission-critical functions, transform their operations, and develop new ways of doing business. It also simplifies, modernize, and accelerate mission-critical applications that support business agility and growth through applications services. In addition, this segment provides proprietary modular insurance software and platforms; and operates spectrum of insurance business process services, as well as operates bank cards, payment and lending process, and customer experiences. The GIS segment provides security services, such as IT security, operations and culture for the cloud, protecting data with a zero-trust strategy, and manage a security operation center; and cloud infrastructure and IT outsourcing services. It also delivers a consumer-like experience, centralize IT management, and support services, as well as improve the total cost of ownership. In addition, it markets and sells its products through direct sales force to commercial businesses and public sector enterprises. DXC Technology Company was founded in 1959 and is headquartered in Ashburn, Virginia.

DXC Stock Price History

30 days | 90 days | 365 days | Advanced Chart

DXC Stock News Headlines

December 1, 2023 | finance.yahoo.com

DXC Technology Company. (DXC) Up 3.7% Since Last Earnings Report: Can It Continue?

December 1, 2023 | seekingalpha.com

A Dive Into DXC Technology

December 4, 2023 | DTI Trader (Ad)

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December 1, 2023 | seekingalpha.com

DXC Technology Sees Lumpy Bookings As Clients Reduce Discretionary Spending

November 29, 2023 | tmcnet.com

Service Integration and Management Market worth $6.0 billion by 2028 - Exclusive Report by MarketsandMarkets™

November 28, 2023 | msn.com

DXC Technology And ServiceNow Expand Partnership For Digital Workflow Advancements

November 28, 2023 | finance.yahoo.com

DXC Technology and ServiceNow Expand Strategic Partnership to Transform Service and Workflow Management for Customers

November 27, 2023 | msn.com

TCS faces $210 mn penalty in DXC lawsuit

December 4, 2023 | Edge On The Street (Ad)

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November 24, 2023 | msn.com

Polish mobile payment system BLIK to modernise, expand into Romania and Slovakia

November 22, 2023 | msn.com

A Top Mutual Fund Executive Made Millions for Himself Trading the Same Stocks His Giant Fund Was Trading

November 22, 2023 | finanznachrichten.de

DXC Technology Company: Polish Mobile Payment System BLIK to Modernize and Expand into Romania and Slovakia with DXC Technology

November 21, 2023 | reuters.com

Tata Group unit owes $210 mln in US trade-secret fight, jury says

November 21, 2023 | msn.com

How a Top Mutual Fund Executive Made Millions for Himself Trading the Same Stocks His Giant Fund Was Trading

November 21, 2023 | finance.yahoo.com

HanesBrands Expands Workplace Transformation with DXC Technology

November 14, 2023 | forbes.com

Is Artificial Intelligence (AI) Becoming Artificial Everything (AE)?

November 14, 2023 | finance.yahoo.com

DXC Technology Achieves SBTi Certification for Near-term Emissions Reduction Targets

November 10, 2023 | finance.yahoo.com

DXC Technology Named a Leader in Everest Group's Life & Annuities Insurance BPS and TPA PEAK Matrix® 2023

November 7, 2023 | tmcnet.com

DXC Technology Wins Contract with Alstom to Manage Digital Transformation and Innovation Strategy

November 2, 2023 | msn.com

DXC Technology files automatic mixed shelf