DXC Technology Company, together with its subsidiaries, provides information technology services and solutions primarily in North America, Europe, Asia, and Australia. It operates through three segments: Global Business Services (GBS), Global Infrastructure Services (GIS), and United States Public Sector (USPS). The GBS segment offers technology solutions comprising enterprise, cloud application, and consulting services; application services; analytics services; business process services; and industry software and solutions. The GIS segment offers cloud and platform services; workplace, mobility, and Internet of Things services; and security solutions. The USPS segment delivers IT services and business solutions to all levels of government in the United States. This segment offers cloud, platform, and IT outsourcing services; enterprise and cloud application services; enterprise security solutions; mobile enterprise, virtual desktop and application, and workplace device services; and analytics services, such as analytics platforms, information governance, artificial intelligence, and advisory services. The company was formerly known as Computer Sciences Corporation and changed its name to DXC Technology Company in April 2017 as a result of its merger with the Enterprise Services business of Hewlett Packard Enterprise Company. DXC Technology Company was founded in 1959 and is headquartered in Tysons, Virginia.
Industry, Sector and Symbol
Industry Data processing & preparation
Sub-IndustryN/A
SectorComputer and Technology
Phone703-245-9675
Debt
Price-To-Earnings
Sales & Book Value
Annual Sales$24.56 billion
Profitability
Miscellaneous
Employees150,000
Next Earnings Date5/23/2019 (Estimated)
OptionableOptionable
DXC Technology (NYSE:DXC) Frequently Asked Questions
What is DXC Technology's stock symbol?
DXC Technology trades on the New York Stock Exchange (NYSE) under the ticker symbol "DXC."
How often does DXC Technology pay dividends? What is the dividend yield for DXC Technology?
DXC Technology declared a quarterly dividend on Friday, March 15th. Shareholders of record on Wednesday, March 27th will be paid a dividend of $0.19 per share on Tuesday, April 16th. This represents a $0.76 dividend on an annualized basis and a yield of 1.18%. The ex-dividend date of this dividend is Tuesday, March 26th. View DXC Technology's Dividend History.
How were DXC Technology's earnings last quarter?
DXC Technology Co (NYSE:DXC) announced its quarterly earnings results on Thursday, February, 7th. The company reported $2.23 EPS for the quarter, topping the consensus estimate of $2.04 by $0.19. The company had revenue of $5.18 billion for the quarter, compared to analyst estimates of $5.16 billion. DXC Technology had a return on equity of 19.78% and a net margin of 7.09%. DXC Technology's quarterly revenue was down 5.2% compared to the same quarter last year. During the same period in the prior year, the company posted $1.86 earnings per share. View DXC Technology's Earnings History.
When is DXC Technology's next earnings date?
What guidance has DXC Technology issued on next quarter's earnings?
DXC Technology updated its FY19 earnings guidance on Thursday, February, 7th. The company provided earnings per share guidance of $8.15-8.30 for the period, compared to the Thomson Reuters consensus EPS estimate of $8.20. The company issued revenue guidance of $20.7-21.2 billion, compared to the consensus revenue estimate of $20.84 billion.
What price target have analysts set for DXC?
13 Wall Street analysts have issued 1-year price targets for DXC Technology's stock. Their forecasts range from $70.00 to $111.00. On average, they anticipate DXC Technology's stock price to reach $90.70 in the next twelve months. This suggests a possible upside of 40.4% from the stock's current price. View Analyst Price Targets for DXC Technology.
What is the consensus analysts' recommendation for DXC Technology?
13 Wall Street analysts have issued "buy," "hold," and "sell" ratings for DXC Technology in the last year. There are currently 3 hold ratings and 10 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for DXC Technology.
What are Wall Street analysts saying about DXC Technology stock?
Here are some recent quotes from research analysts about DXC Technology stock:
- 1. According to Zacks Investment Research, "DXC Technology is benefiting from strength in the Digital business. Its impending acquisition of Luxoft is expected to boost the digital solutions business further. Moreover, growing demand for multi-cloud solutions is driving its cloud business. The company’s traction in the cloud and partnerships with HCL, AT&T, VMware and Microsoft are expected to drive growth. DXC Technology is also focusing on acquisitions to expedite growth. Cost-saving initiatives like the Bionix program are boosting the bottom-line. However, delay in the ramp-up of a few large digital contracts is a concern. Shares have underperformed the industry in the past one year." (1/8/2019)
- 2. Cantor Fitzgerald analysts commented, "We maintain our Neutral rating and $70* PT. DXC announced plans to acquire LXFT (OW). We view the acquisition as a Win, Win". DXC performed a Catch Up" acquisition. DXC acquires much needed Digital capabilities through LXFT, increasing DXC’s competitiveness in an area it had fallen behind. LXFT finds a larger partner to help it manage its way through challenges with its major customers and extend its reach. We note the acquisition does not initially have a significant impact on DXC’s results, so proof will be in the longer term execution. See pg. 2 for our proforma." (1/7/2019)
- 3. Cfra analysts commented, "Reflecting the merger with Services (HPE 16 ***), FY 18 saw a large lift to revenue growth. Looking to FY 19, revenues will reflect the absence of the Sector (USPS) business contribution (~$2.8B) from its spin-off, which was made official on June 1, 2018. Ultimately, we think DXC’s efforts in remixing revenues towards a higher cut of digital (grew 22% in Mar-Q) will prompt a return to growth, as momentum with new partners (90 new logo deals above $1M in value) continues to build." (8/2/2018)
Has DXC Technology been receiving favorable news coverage?
Media headlines about DXC stock have been trending somewhat negative on Tuesday, InfoTrie reports. InfoTrie identifies negative and positive press coverage by reviewing more than six thousand news and blog sources in real-time. The firm ranks coverage of companies on a scale of negative five to five, with scores nearest to five being the most favorable. DXC Technology earned a media sentiment score of -1.6 on InfoTrie's scale. They also assigned media coverage about the company a news buzz of 5.0 out of 10, indicating that recent press coverage is somewhat likely to have an effect on the stock's share price in the immediate future.
Are investors shorting DXC Technology?
DXC Technology saw a decline in short interest in the month of March. As of March 29th, there was short interest totalling 4,616,983 shares, a decline of 37.2% from the March 15th total of 7,348,095 shares. Based on an average daily trading volume, of 1,305,559 shares, the days-to-cover ratio is presently 3.5 days. Currently, 1.7% of the company's shares are sold short. View DXC Technology's Current Options Chain.
Who are some of DXC Technology's key competitors?
Some companies that are related to DXC Technology include Workday (WDAY), Fiserv (FISV), Verisk Analytics (VRSK), Autohome (ATHM), Zendesk (ZEN), RingCentral (RNG), StoneCo (STNE), Proofpoint (PFPT), YY (YY), Pegasystems (PEGA), Zynga (ZNGA), Bilibili (BILI), CarGurus (CARG), Corelogic (CLGX) and PagSeguro Digital (PAGS).
What other stocks do shareholders of DXC Technology own?
Who are DXC Technology's key executives?
DXC Technology's management team includes the folowing people:
- Mr. John Michael Lawrie, Chairman, Pres & CEO (Age 66)
- Mr. Paul N. Saleh, Exec. VP & CFO (Age 62)
- Mr. William L. Deckelman Jr., Exec. VP, Gen. Counsel & Sec. (Age 61)
- Mr. Neil A. Manna, Sr. VP, Corp. Controller & Principal Accounting Officer (Age 56)
- Mr. Dan Hushon, CTO & Sr. VP (Age 50)
Who are DXC Technology's major shareholders?
DXC Technology's stock is owned by a variety of of institutional and retail investors. Top institutional investors include Scout Investments Inc. (0.27%), Retirement Systems of Alabama (0.19%), Reinhart Partners Inc. (0.13%), Kirr Marbach & Co. LLC IN (0.05%), Washington Trust Bank (0.04%) and Nisa Investment Advisors LLC (0.03%). Company insiders that own DXC Technology stock include Joanne Mason, John M Lawrie, Margaret C Whitman, Michael G Nefkens, Paul N Saleh, Stephen Hilton, William L Deckelman Jr and William L Deckelman, Jr. View Institutional Ownership Trends for DXC Technology.
Which major investors are selling DXC Technology stock?
DXC stock was sold by a variety of institutional investors in the last quarter, including Meeder Asset Management Inc., First Hawaiian Bank, Bowling Portfolio Management LLC, Regent Investment Management LLC, Scout Investments Inc., Gateway Investment Advisers LLC, CWM LLC and Louisiana State Employees Retirement System. Company insiders that have sold DXC Technology company stock in the last year include Joanne Mason, John M Lawrie, Paul N Saleh, William L Deckelman Jr and William L Deckelman, Jr. View Insider Buying and Selling for DXC Technology.
Which major investors are buying DXC Technology stock?
DXC stock was purchased by a variety of institutional investors in the last quarter, including Retirement Systems of Alabama, Washington Trust Bank, Hennessy Advisors Inc., UNIVEST FINANCIAL Corp, Reinhart Partners Inc., Tibra Equities Europe Ltd, Sciencast Management LP and Chartwell Investment Partners LLC. View Insider Buying and Selling for DXC Technology.
How do I buy shares of DXC Technology?
Shares of DXC can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is DXC Technology's stock price today?
One share of DXC stock can currently be purchased for approximately $64.61.
How big of a company is DXC Technology?
DXC Technology has a market capitalization of $17.33 billion and generates $24.56 billion in revenue each year. The company earns $1.75 billion in net income (profit) each year or $7.94 on an earnings per share basis. DXC Technology employs 150,000 workers across the globe.
What is DXC Technology's official website?
How can I contact DXC Technology?
DXC Technology's mailing address is 1775 TYSONS BOULEVARD, TYSONS VA, 22102. The company can be reached via phone at 703-245-9675 or via email at [email protected]
MarketBeat Community Rating for DXC Technology (NYSE DXC)
MarketBeat's community ratings are surveys of what our community members think about DXC Technology and other stocks. Vote "Outperform" if you believe DXC will outperform the S&P 500 over the long term. Vote "Underperform" if you believe DXC will underperform the S&P 500 over the long term. You may vote once every thirty days.
