DXC Technology Company. (NYSE:DXC) posted its quarterly earnings results on Tuesday. The company reported $1.93 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $1.53 by $0.40, Bloomberg Earnings reports. DXC Technology Company. had a net margin of 0.49% and a return on equity of 17.51%. The firm had revenue of $6.16 billion during the quarter, compared to analyst estimates of $6.07 billion. The company’s revenue for the quarter was up 229.4% compared to the same quarter last year.

DXC Technology Company. (DXC) traded down $0.49 during midday trading on Tuesday, hitting $92.53. 2,977,790 shares of the stock traded hands, compared to its average volume of 1,500,000. The firm has a market capitalization of $26,480.00 and a price-to-earnings ratio of 21.98. The company has a current ratio of 1.18, a quick ratio of 1.18 and a debt-to-equity ratio of 0.51. DXC Technology Company. has a 12 month low of $64.06 and a 12 month high of $93.40.

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, October 11th. Stockholders of record on Wednesday, September 6th were issued a dividend of $0.18 per share. This represents a $0.72 annualized dividend and a dividend yield of 0.78%. The ex-dividend date of this dividend was Friday, September 1st.

DXC has been the subject of several recent research reports. TheStreet raised shares of DXC Technology Company. from a “c” rating to a “b” rating in a research report on Tuesday, August 8th. Bank of America Corporation initiated coverage on shares of DXC Technology Company. in a research report on Tuesday, September 12th. They issued a “buy” rating and a $101.00 price target for the company. KeyCorp reissued a “buy” rating and issued a $92.00 price target on shares of DXC Technology Company. in a research report on Friday, September 8th. Jefferies Group LLC increased their price target on shares of DXC Technology Company. from $85.00 to $100.00 and gave the stock a “buy” rating in a research report on Thursday, August 24th. Finally, Zacks Investment Research raised shares of DXC Technology Company. from a “hold” rating to a “buy” rating and set a $99.00 price target for the company in a research report on Tuesday, October 10th. Three investment analysts have rated the stock with a hold rating, twelve have given a buy rating and one has assigned a strong buy rating to the stock. The stock presently has an average rating of “Buy” and an average target price of $96.38.

In other news, CFO Paul N. Saleh sold 80,922 shares of the stock in a transaction that occurred on Tuesday, August 15th. The shares were sold at an average price of $84.01, for a total transaction of $6,798,257.22. Following the sale, the chief financial officer now directly owns 217,211 shares of the company’s stock, valued at $18,247,896.11. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, EVP Michael G. Nefkens sold 35,340 shares of the stock in a transaction that occurred on Thursday, October 12th. The shares were sold at an average price of $92.00, for a total transaction of $3,251,280.00. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 156,722 shares of company stock valued at $13,389,106. Company insiders own 1.30% of the company’s stock.

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About DXC Technology Company.

DXC Technology Company, together with its subsidiaries, provides information technology services and solutions primarily in North America, Europe, Asia, and Australia. It operates through two segments, Global Business Services (GBS) and Global Infrastructure Services (GIS). The GBS segment offers technology solutions comprising consulting, applications services, and software.

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