DXC Technology (DXC) Given News Sentiment Score of 0.16
News articles about DXC Technology (NYSE:DXC) have trended somewhat positive on Sunday, Accern Sentiment Analysis reports. The research firm rates the sentiment of press coverage by analyzing more than twenty million news and blog sources in real time. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores nearest to one being the most favorable. DXC Technology earned a news sentiment score of 0.16 on Accern’s scale. Accern also gave press coverage about the company an impact score of 46.332031206331 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the stock’s share price in the near future.
Here are some of the news articles that may have effected Accern Sentiment’s rankings:
- DXC Technology (DXC) Expected to Announce Quarterly Sales of $6.23 Billion (americanbankingnews.com)
- Safety first in the era of big data – Telegraph.co.uk (telegraph.co.uk)
- Brokerages Expect DXC Technology (DXC) Will Announce Earnings of $1.98 Per Share (americanbankingnews.com)
- DXC Technology Unveils 2018 IT Trends That Will Shape Digital Transformation – Business Wire (press release) (businesswire.com)
Shares of DXC Technology (DXC) traded up $1.05 during midday trading on Friday, reaching $95.25. The company’s stock had a trading volume of 1,844,153 shares, compared to its average volume of 1,610,000. The company has a current ratio of 1.00, a quick ratio of 1.00 and a debt-to-equity ratio of 0.51. The company has a market cap of $27,170.00 and a price-to-earnings ratio of 17.38. DXC Technology has a 52-week low of $64.06 and a 52-week high of $99.44.
DXC Technology (NYSE:DXC) last issued its quarterly earnings results on Tuesday, November 7th. The company reported $1.93 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.53 by $0.40. The firm had revenue of $6.16 billion during the quarter, compared to analyst estimates of $6.07 billion. DXC Technology had a return on equity of 17.83% and a net margin of 1.88%. The firm’s revenue was up 229.4% on a year-over-year basis. analysts predict that DXC Technology will post 7.45 EPS for the current year.
The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, January 16th. Stockholders of record on Wednesday, December 6th will be paid a dividend of $0.18 per share. This represents a $0.72 annualized dividend and a dividend yield of 0.76%. The ex-dividend date is Tuesday, December 5th.
DXC has been the subject of several analyst reports. Jefferies Group upped their target price on DXC Technology from $85.00 to $100.00 and gave the stock a “buy” rating in a research report on Thursday, August 24th. KeyCorp restated a “buy” rating and set a $92.00 price objective on shares of DXC Technology in a research note on Friday, September 8th. Bank of America began coverage on DXC Technology in a research report on Tuesday, September 12th. They set a “buy” rating and a $101.00 price target on the stock. BMO Capital Markets increased their price target on DXC Technology from $94.00 to $100.00 and gave the stock an “outperform” rating in a research report on Friday, September 15th. Finally, Zacks Investment Research upgraded DXC Technology from a “hold” rating to a “buy” rating and set a $99.00 price target on the stock in a research report on Tuesday, October 10th. Four equities research analysts have rated the stock with a hold rating, twelve have given a buy rating and one has given a strong buy rating to the company’s stock. DXC Technology currently has an average rating of “Buy” and a consensus price target of $99.88.
In other news, EVP Michael G. Nefkens sold 35,340 shares of the firm’s stock in a transaction on Thursday, October 12th. The stock was sold at an average price of $92.00, for a total transaction of $3,251,280.00. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Company insiders own 1.30% of the company’s stock.
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About DXC Technology
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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