DXC Technology - DXC Stock Forecast, Price & News

DXC Technology Company, together with its subsidiaries, provides information technology services and solutions primarily in North America, Europe, Asia, and Australia. 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 digital 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 uses various technologies and methods to accelerate the creation, modernization, delivery, and maintenance of secure applications allowing customers to innovate faster while reducing risk, time to market, and total cost of ownership. In addition, this segment offers business process services, which include integration and optimization of front and back office processes, and agile process automation. The GIS segment adapts legacy apps to cloud, migrate the right workloads, and securely manage their multi-cloud environments; and offers security solutions help predict attacks, proactively respond to threats, and ensure compliance, as well as to protect data, applications, and infrastructure. It also provides IT outsourcing services to help customers securely and cost-effectively run mission-critical systems and IT infrastructure. In addition, this segment offers workplace services to fit its customer's employee, business, and IT needs from intelligent collaboration; and modern device management, digital support services, and mobility services. DXC Technology Company is headquartered in Ashburn, Virginia.

Analyst Ratings Changes

A number of analysts have recently issued reports on DXC shares. JPMorgan Chase & Co. lowered their price objective on shares of DXC Technology from $39.00 to $33.00 in a report on Wednesday, July 20th. Susquehanna lowered their price objective on shares of DXC Technology from $42.00 to $41.00 in a report on Thursday, May 26th. Deutsche Bank Aktiengesellschaft lowered their price objective on shares of DXC Technology from $53.00 to $48.00 in a report on Thursday, May 26th. Morgan Stanley lowered their price objective on shares of DXC Technology from $33.00 to $30.00 and set an "equal weight" rating on the stock in a report on Thursday, August 4th. Finally, BMO Capital Markets lowered their price objective on shares of DXC Technology from $37.00 to $36.00 and set an "outperform" rating on the stock in a report on Thursday, August 4th. Two investment analysts have rated the stock with a sell rating, two have given a hold rating and six have assigned a buy rating to the company's stock. According to data from MarketBeat, DXC Technology presently has a consensus rating of "Hold" and a consensus price target of $37.08.

DXC Technology Stock Down 0.1 %

Shares of NYSE:DXC traded down $0.02 during midday trading on Tuesday, hitting $26.68. The stock had a trading volume of 1,058,911 shares, compared to its average volume of 1,962,486. The company has a quick ratio of 1.09, a current ratio of 1.09 and a debt-to-equity ratio of 0.77. The business's 50-day simple moving average is $29.93 and its 200-day simple moving average is $31.41. DXC Technology has a 12 month low of $25.07 and a 12 month high of $40.44. The company has a market cap of $6.13 billion, a P/E ratio of 12.07, a PEG ratio of 0.59 and a beta of 2.02.

DXC Technology (NYSE:DXC - Get Rating) last released its quarterly earnings data on Wednesday, May 25th. The company reported $0.84 EPS for the quarter, missing analysts' consensus estimates of $1.00 by ($0.16). DXC Technology had a return on equity of 16.61% and a net margin of 3.42%. The company had revenue of $4.01 billion for the quarter, compared to the consensus estimate of $4.12 billion. During the same period last year, the firm earned $0.74 earnings per share. The company's revenue for the quarter was down 8.6% compared to the same quarter last year. On average, sell-side analysts forecast that DXC Technology will post 3.53 earnings per share for the current fiscal year.