DXC Technology (DXC) Scheduled to Post Earnings on Thursday

DXC Technology (NYSE:DXC) will issue its quarterly earnings data after the market closes on Thursday, November 7th. Analysts expect the company to announce earnings of $0.72 per share for the quarter. Individual interested in participating in the company’s earnings conference call can do so using this link.

DXC Technology (NYSE:DXC) last announced its quarterly earnings results on Thursday, August 8th. The company reported $0.74 earnings per share for the quarter, beating analysts’ consensus estimates of $0.57 by $0.17. DXC Technology had a net margin of 0.60% and a return on equity of 19.20%. The firm had revenue of $3.24 billion for the quarter, compared to analyst estimates of $3.14 billion. On average, analysts expect DXC Technology to post $3 EPS for the current fiscal year and $3 EPS for the next fiscal year.

DXC Technology Stock Performance

Shares of DXC opened at $20.78 on Thursday. The company has a debt-to-equity ratio of 1.21, a quick ratio of 1.21 and a current ratio of 1.21. DXC Technology has a twelve month low of $14.78 and a twelve month high of $25.14. The firm has a market cap of $3.75 billion, a P/E ratio of 56.16, a PEG ratio of 1.77 and a beta of 1.67. The firm’s 50 day moving average price is $20.60 and its two-hundred day moving average price is $19.36.

Insiders Place Their Bets

In other news, SVP Christopher Anthony Voci sold 2,500 shares of the firm’s stock in a transaction that occurred on Friday, September 13th. The shares were sold at an average price of $21.37, for a total transaction of $53,425.00. Following the completion of the sale, the senior vice president now owns 83,746 shares in the company, valued at $1,789,652.02. This trade represents a 0.00 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. In other news, EVP Mary E. Finch sold 31,047 shares of the business’s stock in a transaction on Monday, August 12th. The shares were sold at an average price of $19.36, for a total transaction of $601,069.92. Following the completion of the transaction, the executive vice president now directly owns 325,665 shares in the company, valued at $6,304,874.40. The trade was a 0.00 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, SVP Christopher Anthony Voci sold 2,500 shares of DXC Technology stock in a transaction on Friday, September 13th. The stock was sold at an average price of $21.37, for a total transaction of $53,425.00. Following the sale, the senior vice president now directly owns 83,746 shares of the company’s stock, valued at $1,789,652.02. This represents a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders own 0.54% of the company’s stock.

Wall Street Analyst Weigh In

DXC has been the topic of a number of recent analyst reports. JPMorgan Chase & Co. boosted their target price on shares of DXC Technology from $19.00 to $22.00 and gave the stock an “underweight” rating in a report on Friday, September 6th. BMO Capital Markets boosted their target price on shares of DXC Technology from $17.50 to $22.00 and gave the company a “market perform” rating in a research report on Friday, August 9th. Finally, Royal Bank of Canada boosted their target price on shares of DXC Technology from $18.00 to $20.00 and gave the company a “sector perform” rating in a research report on Friday, August 9th. Two research analysts have rated the stock with a sell rating and seven have issued a hold rating to the stock. According to data from MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus target price of $20.11.

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).