DXC Technology (DXC) Scheduled to Post Quarterly Earnings on Thursday

DXC Technology (NYSE:DXC) will be releasing 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. Persons interested in registering for the company’s earnings conference call can do so using this link.

DXC Technology (NYSE:DXC) last issued its earnings results on Thursday, August 8th. The company reported $0.74 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 analyst estimates of $3.14 billion. DXC Technology had a net margin of 0.60% and a return on equity of 19.20%. 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 Trading Down 0.7 %

NYSE:DXC opened at $20.78 on Thursday. The company has a market capitalization of $3.75 billion, a PE ratio of 56.16, a price-to-earnings-growth ratio of 1.77 and a beta of 1.67. The company has a quick ratio of 1.21, a current ratio of 1.21 and a debt-to-equity ratio of 1.21. DXC Technology has a 52-week low of $14.78 and a 52-week high of $25.14. The stock has a fifty day simple moving average of $20.60 and a 200-day simple moving average of $19.36.

Insider Activity

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

Analysts Set New Price Targets

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

About DXC Technology

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).