DXC Technology (DXC) Stock Price, News & Analysis

Company Overview

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). The GBS segment offers a portfolio of analytics services and extensive partner ecosystem that help its customers to gain insights, automate operations, and accelerate their transformation journeys; and software engineering, consulting, and data analytics solutions, which enable businesses to run and manage their mission-critical functions, transform their operations, and develop new ways of doing business. This segment also simplifies, modernize, and accelerate mission-critical applications that support business agility and growth through applications services; provides proprietary modular insurance software and platforms; and operates a wide spectrum of insurance business process services, as well as helps to operate and improve bank cards, payment and lending process and operations, and customer experiences. The GIS segment offers security services, such as IT security, operations and culture for migrating to the cloud, protecting data with a zero-trust strategy, and manage a security operation center; and cloud infrastructure and IT outsourcing services. This segment also delivers a consumer-like experience, centralize IT management, and support services, as well as improves the total cost of ownership; and orchestrates hybrid cloud and multicloud environments. The company 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.

Key Stats

• Today's Range: $20.63 to $21.35
• 50-Day Range: $19.16 to $21.45
• 52-Week Range: $14.78 to $25.14
• Volume: 706,355 shs
• Average Volume: 2.21 million shs
• Market Capitalization: $3.84 billion
• P/E Ratio: 62.58
• Dividend Yield: N/A
• Price Target: $20.30
• Consensus Rating: Reduce

DXC Technology Stock Analysis - MarketRank™

DXC Technology scored higher than 68% of companies evaluated by MarketBeat, and ranked 301st out of 659 stocks in the computer and technology sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 0.9 / 5
• Analyst Rating: Reduce

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.

Amount of Analyst Coverage

DXC Technology has only been the subject of 3 research reports in the past 90 days.

Earnings and Valuation

• Score: 2.5 / 5
• Proj. Earnings Growth: 8.65%

Earnings Growth

Earnings for DXC Technology are expected to grow by 8.65% in the coming year, from $2.89 to $3.14 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of DXC Technology is 62.58, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 133.32.

Price to Earnings Ratio vs. Sector

The P/E ratio of DXC Technology is 62.58, which means that it is trading at a less expensive P/E ratio than the Computer and Technology sector average P/E ratio of about 261.34.

Price to Earnings Growth Ratio

DXC Technology has a PEG Ratio of 1.77. 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 1.27. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

• Score: 3.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

5.19% 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 7.2.

Change versus previous month

Short interest in DXC Technology has recently decreased by 28.97%, indicating that investor sentiment is improving significantly.

Dividend

• Score: 0.8 / 5
• Dividend Strength: Weak

Dividend Yield

DXC Technology does not currently pay a dividend.

Dividend Growth

DXC Technology does not have a long track record of dividend growth.

Dividend Coverage

The dividend payout ratio of DXC Technology is 227.03%. Payout ratios above 75% are not desirable because they may not be sustainable.

Dividend Sustainability

Based on earnings estimates, DXC Technology will have a dividend payout ratio of 26.75% next year. This indicates that DXC Technology will be able to sustain or increase its dividend.

Sustainability and ESG

• Score: 2.0 / 5
• Environmental Score: -1.58

Percentage of Shares Shorted

5.19% 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 7.2.

Change versus previous month

Short interest in DXC Technology has recently decreased by 28.97%, indicating that investor sentiment is improving significantly.

News and Social Media

• Score: 1.9 / 5
• News Sentiment: 0.50

News Sentiment

DXC Technology has a news sentiment score of 0.50. 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 news sentiment score is similar to the average news sentiment of Computer and Technology companies.

News Coverage This Week

MarketBeat has tracked 5 news articles for DXC Technology this week, compared to 10 articles on an average week.

Search Interest

Only 7 people have searched for DXC on MarketBeat in the last 30 days. This is a decrease of -13% compared to the previous 30 days.

MarketBeat Follows

7 people have added DXC Technology to their MarketBeat watchlist in the last 30 days.

Company Ownership

• Score: 2.5 / 5
• Insider Trading: Selling Shares

Insider Buying vs. Insider Selling

In the past three months, DXC Technology insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $654,495.00 in company stock.

Percentage Held by Insiders

Only 0.54% of the stock of DXC Technology is held by insiders.

Percentage Held by Institutions

96.20% of the stock of DXC Technology is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

DXC Stock Analysis - Frequently Asked Questions

How have DXC shares performed this year?

DXC Technology's stock was trading at $22.87 at the start of the year. Since then, DXC stock has decreased by 7.0% and is now trading at $21.2750.
View the best growth stocks for 2024 here.

How were DXC Technology's earnings last quarter?

DXC Technology (NYSE:DXC) released its quarterly earnings data on Thursday, August, 8th. The company reported $0.74 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.57 by $0.17. The company had revenue of $3.24 billion for the quarter, compared to the consensus estimate of $3.14 billion. DXC Technology had a trailing twelve-month return on equity of 19.20% and a net margin of 0.60%.

Who are DXC Technology's major shareholders?

DXC Technology's top institutional investors include Wedge Capital Management L L P NC (0.06%), Paragon Capital Management Inc. (0.05%), Twelve Points Wealth Management LLC (0.04%) and Exchange Traded Concepts LLC (0.03%). Insiders that own company stock include Mary E Finch, William L Deckelman Jr and Christopher Anthony Voci.
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 Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of DXC Technology own?

Based on aggregate information from My MarketBeat watchlists, some other companies that DXC Technology investors own include NVIDIA (NVDA), Meta Platforms (META), Advanced Micro Devices (AMD), Tesla (TSLA), Home Depot (HD), JPMorgan Chase & Co. (JPM) and Netflix (NFLX).

Company Calendar

• Last Earnings: 8/08/2024
• Today: 10/17/2024
• Next Earnings (Confirmed): 11/07/2024
• Fiscal Year End: 3/31/2025

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Computer and Technology
• Industry: Data processing & preparation
• Sub-Industry: Business Services
• Current Symbol: NYSE:DXC
• CUSIP: N/A
• CIK: 1688568
• Web: www.dxc.technology
• Phone: (703) 245-9700
• Fax: 310-640-2648
• Employees: 130,000
• Year Founded: N/A

Price Target and Rating

• Average Stock Price Target: $20.11
• High Stock Price Target: $22.00
• Low Stock Price Target: $18.00
• Potential Upside/Downside: -4.5%
• Consensus Rating: Reduce
• Rating Score (0-4): 1.70
• Research Coverage: 9 Analysts

Profitability

• EPS (Most Recent Fiscal Year): $0.37
• Trailing P/E Ratio: 62.53
• Forward P/E Ratio: 7.36
• P/E Growth: 1.77
• Net Income: $91 million
• Net Margins: 0.60%
• Pretax Margin: 0.74%
• Return on Equity: 19.20%
• Return on Assets: 4.39%

Debt

• Debt-to-Equity Ratio: 1.21
• Current Ratio: 1.21
• Quick Ratio: 1.21

Sales & Book Value

• Annual Sales: $13.46 billion
• Price / Sales: 0.28
• Cash Flow: $11.81 per share
• Price / Cash Flow: 1.80
• Book Value: $16.77 per share
• Price / Book: 1.27

Miscellaneous

• Outstanding Shares: 180,273,000
• Free Float: 179,837,000
• Market Cap: $3.83 billion
• Optionable: Optionable
• Beta: 1.67