Shares of DXC Technology Company. (NYSE:DXC – Get Free Report) have been given an average recommendation of “Reduce” by the ten research firms that are currently covering the firm, MarketBeat reports. Three research analysts have rated the stock with a sell recommendation and seven have given a hold recommendation to the company. The average twelve-month target price among analysts that have updated their coverage on the stock in the last year is $12.06.
DXC has been the subject of a number of research reports. Zacks Research raised shares of DXC Technology from a “strong sell” rating to a “hold” rating in a report on Monday, July 13th. TD Cowen boosted their target price on DXC Technology from $10.00 to $12.00 and gave the stock a “hold” rating in a research report on Monday, August 3rd. Stifel Nicolaus reduced their target price on shares of DXC Technology from $12.00 to $10.50 and set a “hold” rating on the stock in a research note on Friday, July 31st. Susquehanna boosted their price target on shares of DXC Technology from $10.00 to $12.00 and gave the stock a “neutral” rating in a research note on Friday. Finally, Weiss Ratings raised DXC Technology from a “sell (d)” rating to a “sell (d+)” rating in a research note on Tuesday, October 6th.
Read Our Latest Stock Analysis on DXC
Key Headlines Impacting DXC Technology
Here are the key news stories impacting DXC Technology this week:
- Positive Sentiment: Quarterly results exceeded expectations: DXC reported fiscal Q2 FY2027 non-GAAP EPS of $0.67, above the $0.55 consensus estimate, while revenue of $3.03 billion topped expectations of $2.98 billion. DXC Technology Q2 Earnings and Revenues Beat Estimates
- Positive Sentiment: Cash flow improved: First-half fiscal 2027 free cash flow rose to $405 million from $337 million a year earlier, and DXC repurchased $60 million of stock during the quarter. DXC Technology Reports Second Quarter Fiscal Year 2027 Results
- Neutral Sentiment: Susquehanna raised its price target on DXC from $10 to $12 but maintained a “neutral” rating. The new target still implies roughly 20% downside from the referenced share price, signaling limited analyst confidence despite the higher valuation estimate. Susquehanna Raises DXC Price Target
- Negative Sentiment: Underlying operating trends remained weak: Revenue declined about 4% year over year to $3.03 billion, adjusted EBIT margin was 6.2%, and non-GAAP EPS fell 20.2% from the prior-year quarter. GAAP diluted EPS was $0.15. DXC Fiscal 2027 Second-Quarter Results
- Negative Sentiment: Management projected a 5% to 5.5% organic revenue decline for FY2027 while evaluating strategic actions, including insurance options. That outlook overshadowed the earnings and revenue beats and is the primary catalyst pressuring the stock. DXC Projects FY2027 Organic Revenue Decline
DXC Technology Stock Performance
Shares of NYSE:DXC opened at $14.98 on Monday. DXC Technology has a twelve month low of $7.90 and a twelve month high of $16.38. The firm has a market cap of $2.39 billion, a PE ratio of 23.05 and a beta of 0.79. The company has a debt-to-equity ratio of 0.90, a quick ratio of 1.41 and a current ratio of 1.41. The business has a fifty day moving average of $12.28 and a 200-day moving average of $11.59.
DXC Technology (NYSE:DXC – Get Free Report) last issued its quarterly earnings data on Thursday, October 29th. The company reported $0.67 EPS for the quarter, topping analysts’ consensus estimates of $0.55 by $0.12. DXC Technology had a net margin of 0.91% and a return on equity of 14.35%. The firm had revenue of $3.03 billion for the quarter, compared to analyst estimates of $2.98 billion. During the same quarter in the prior year, the firm earned $0.84 EPS. The company’s revenue was down 4.1% on a year-over-year basis. On average, equities research analysts predict that DXC Technology will post 2.59 EPS for the current fiscal year.
Institutional Trading of DXC Technology
Several hedge funds have recently bought and sold shares of the stock. Bessemer Group Inc. boosted its holdings in DXC Technology by 61.1% during the first quarter. Bessemer Group Inc. now owns 3,680 shares of the company’s stock worth $47,000 after purchasing an additional 1,395 shares during the last quarter. Farther Finance Advisors LLC raised its holdings in DXC Technology by 289.0% during the third quarter. Farther Finance Advisors LLC now owns 4,396 shares of the company’s stock worth $48,000 after acquiring an additional 3,266 shares in the last quarter. Covestor Ltd boosted its holdings in shares of DXC Technology by 31.2% in the 2nd quarter. Covestor Ltd now owns 6,603 shares of the company’s stock valued at $58,000 after buying an additional 1,570 shares during the last quarter. Versant Capital Management Inc grew its position in shares of DXC Technology by 47.4% in the 2nd quarter. Versant Capital Management Inc now owns 7,474 shares of the company’s stock valued at $66,000 after acquiring an additional 2,404 shares during the period. Finally, Two Sigma Securities LLC acquired a new position in DXC Technology during the second quarter worth approximately $94,000. 96.20% of the stock is currently owned by institutional investors and hedge funds.
DXC Technology Company Profile
DXC Technology (NYSE: DXC) is a global information technology services and solutions company that helps organizations modernize and manage their technology environments. Its services include consulting, application development and management, cloud migration and operations, cybersecurity, data and analytics, enterprise technology management, and workplace and end-user services.
The company serves businesses and government organizations across a range of industries, including financial services, healthcare, insurance, manufacturing, aerospace and defense, automotive, retail, and the public sector.
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