DXC Technology (DXC) to Release Earnings on Thursday

DXC Technology (NYSE:DXC - Get Free Report) will release its earnings data after the market closes on Thursday, November 7th. Analysts expect DXC Technology to post earnings of $0.72 per share for the quarter. Individual interested in registering for the company's earnings conference call can do so using this link.

DXC Technology (NYSE:DXC - Get Free Report) last released its earnings results on Thursday, August 8th. The company reported $0.74 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.57 by $0.17. DXC Technology had a return on equity of 19.20% and a net margin of 0.60%. The business had revenue of $3.24 billion during the quarter, compared to the consensus estimate 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 NYSE DXC traded down $0.92 during midday trading on Thursday, hitting $19.87. The company's stock had a trading volume of 1,002,162 shares, compared to its average volume of 2,144,912. The firm has a market capitalization of $3.58 billion, a price-to-earnings ratio of 55.86, a P/E/G ratio of 1.77 and a beta of 1.67. The stock has a fifty day moving average price of $20.61 and a 200 day moving average price of $19.37. DXC Technology has a one year low of $14.78 and a one year high of $25.14. The company has a current ratio of 1.21, a quick ratio of 1.21 and a debt-to-equity ratio of 1.21.

Insider Activity

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

Analyst Ratings Changes

A number of equities analysts have recently commented on the stock. JPMorgan Chase & Co. increased their price target 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 raised their target price on DXC Technology from $17.50 to $22.00 and gave the stock a "market perform" rating in a research note on Friday, August 9th. Finally, Royal Bank of Canada upped their price objective on shares of DXC Technology from $18.00 to $20.00 and gave the stock a "sector perform" rating in a report on Friday, August 9th. Two investment analysts have rated the stock with a sell rating and seven have assigned a hold rating to the stock. According to MarketBeat.com, DXC Technology has an average rating of "Hold" and an average price target 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).