Computer Sciences Corp. (NYSE:CSC) – Equities researchers at SunTrust Banks raised their FY2017 EPS estimates for shares of Computer Sciences Corp. in a research note issued to investors on Tuesday. SunTrust Banks analyst F. Atkins now forecasts that the firm will earn $2.78 per share for the year, up from their prior forecast of $2.77. SunTrust Banks also issued estimates for Computer Sciences Corp.’s Q1 2018 earnings at $0.61 EPS.

Computer Sciences Corp. (NYSE:CSC) last issued its quarterly earnings results on Thursday, November 3rd. The company reported $0.61 EPS for the quarter, topping analysts’ consensus estimates of $0.47 by $0.14. The business earned $1.87 billion during the quarter, compared to analysts’ expectations of $1.87 billion. Computer Sciences Corp. had a positive return on equity of 16.62% and a negative net margin of 1.21%. The business’s quarterly revenue was up 7.2% on a year-over-year basis. During the same quarter in the prior year, the business posted $1.19 earnings per share.

Earnings History and Estimates for Computer Sciences Corp. (NYSE:CSC)

Several other research analysts also recently weighed in on CSC. BMO Capital Markets restated a “buy” rating and set a $57.00 target price on shares of Computer Sciences Corp. in a research note on Wednesday, July 27th. Zacks Investment Research downgraded Computer Sciences Corp. from a “buy” rating to a “hold” rating in a research note on Thursday, July 28th. Citigroup Inc. boosted their target price on Computer Sciences Corp. from $44.00 to $49.00 and gave the stock a “neutral” rating in a research note on Thursday, August 4th. Cantor Fitzgerald restated a “hold” rating on shares of Computer Sciences Corp. in a research note on Monday, August 8th. Finally, Morgan Stanley dropped their target price on Computer Sciences Corp. from $55.00 to $53.00 and set an “equal weight” rating on the stock in a research note on Tuesday, August 9th. Eleven equities research analysts have rated the stock with a hold rating and four have issued a buy rating to the company’s stock. The stock presently has a consensus rating of “Hold” and a consensus target price of $48.50.

Shares of Computer Sciences Corp. (NYSE:CSC) opened at 60.92 on Friday. The company’s 50 day moving average price is $54.06 and its 200 day moving average price is $47.85. Computer Sciences Corp. has a 52-week low of $24.27 and a 52-week high of $61.04. The stock’s market cap is $8.58 billion.

In related news, Chairman John M. Lawrie sold 2,900 shares of the company’s stock in a transaction dated Wednesday, October 19th. The stock was sold at an average price of $55.26, for a total value of $160,254.00. Following the completion of the transaction, the chairman now owns 386,329 shares of the company’s stock, valued at approximately $21,348,540.54. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Chairman John M. Lawrie sold 4,190 shares of the business’s stock in a transaction that occurred on Thursday, October 20th. The stock was sold at an average price of $55.50, for a total value of $232,545.00. Following the sale, the chairman now owns 383,329 shares of the company’s stock, valued at $21,274,759.50. The disclosure for this sale can be found here. 1.53% of the stock is owned by corporate insiders.

Large investors have recently bought and sold shares of the company. Fulton Bank N.A. raised its stake in Computer Sciences Corp. by 0.8% in the third quarter. Fulton Bank N.A. now owns 7,266 shares of the company’s stock valued at $379,000 after buying an additional 55 shares during the period. ProShare Advisors LLC raised its stake in Computer Sciences Corp. by 0.4% in the second quarter. ProShare Advisors LLC now owns 16,615 shares of the company’s stock valued at $825,000 after buying an additional 65 shares during the period. Checchi Capital Advisers LLC raised its stake in Computer Sciences Corp. by 4.0% in the second quarter. Checchi Capital Advisers LLC now owns 2,726 shares of the company’s stock valued at $135,000 after buying an additional 104 shares during the period. Northwestern Mutual Investment Management Company LLC raised its stake in Computer Sciences Corp. by 0.5% in the second quarter. Northwestern Mutual Investment Management Company LLC now owns 23,941 shares of the company’s stock valued at $1,189,000 after buying an additional 121 shares during the period. Finally, IBM Retirement Fund raised its stake in Computer Sciences Corp. by 1.1% in the second quarter. IBM Retirement Fund now owns 14,002 shares of the company’s stock valued at $695,000 after buying an additional 157 shares during the period. Institutional investors own 90.49% of the company’s stock.

Computer Sciences Corp. Company Profile

Computer Sciences Corporation (CSC) is a global provider of information technology (IT) and professional services and solutions. The Company operates through two segments: Global Business Services (GBS) and Global Infrastructure Services (GIS). The GBS segment provides various technology solutions, including consulting, applications services and software.

5 Day Chart for NYSE:CSC

Receive News & Stock Ratings for Computer Sciences Corp. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Computer Sciences Corp. and related stocks with our FREE daily email newsletter.