DXC Technology Company. (DXC) To Go Ex-Dividend on September 1st
DXC Technology Company. (NYSE:DXC) declared a quarterly dividend on Friday, August 11th, Wall Street Journal reports. Shareholders of record on Wednesday, September 6th will be paid a dividend of 0.18 per share on Wednesday, October 11th. This represents a $0.72 dividend on an annualized basis and a yield of 0.85%. The ex-dividend date of this dividend is Friday, September 1st.
DXC Technology Company. (NYSE DXC) opened at 84.43 on Thursday. The stock has a market cap of $24.04 billion, a price-to-earnings ratio of 266.34 and a beta of 1.11. The firm has a 50-day moving average price of $80.59 and a 200-day moving average price of $75.68. DXC Technology Company. has a one year low of $64.06 and a one year high of $86.08.
DXC Technology Company. (NYSE:DXC) last issued its earnings results on Tuesday, August 8th. The company reported $1.59 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $1.25 by $0.34. The business had revenue of $5.91 billion for the quarter, compared to analysts’ expectations of $5.95 billion. DXC Technology Company. had a return on equity of 17.51% and a net margin of 0.49%. On average, equities analysts predict that DXC Technology Company. will post $6.81 earnings per share for the current year.
In other news, Director Margaret C. Whitman sold 8,600 shares of the firm’s stock in a transaction on Monday, June 5th. The stock was sold at an average price of $77.18, for a total value of $663,748.00. Following the completion of the sale, the director now owns 111,229 shares of the company’s stock, valued at $8,584,654.22. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, EVP Stephen Hilton sold 5,052 shares of the firm’s stock in a transaction on Friday, June 16th. The stock was sold at an average price of $74.82, for a total value of $377,990.64. Following the completion of the sale, the executive vice president now directly owns 2,574 shares of the company’s stock, valued at approximately $192,586.68. The disclosure for this sale can be found here. In the last ninety days, insiders sold 373,318 shares of company stock valued at $30,133,277. 1.30% of the stock is currently owned by insiders.
A number of equities analysts recently issued reports on the company. Jefferies Group LLC lifted their target price on DXC Technology Company. from $85.00 to $100.00 and gave the stock a “buy” rating in a report on Thursday, August 24th. Stifel Nicolaus restated a “hold” rating and issued a $86.00 target price on shares of DXC Technology Company. in a report on Thursday, August 10th. TheStreet raised DXC Technology Company. from a “c” rating to a “b” rating in a research report on Tuesday, August 8th. Cowen and Company reaffirmed a “hold” rating and issued a $77.00 target price on shares of DXC Technology Company. in a research report on Thursday, August 10th. Finally, Zacks Investment Research raised DXC Technology Company. from a “sell” rating to a “hold” rating in a research report on Thursday, August 10th. Four analysts have rated the stock with a hold rating, nine have issued a buy rating and one has assigned a strong buy rating to the company. The stock has an average rating of “Buy” and a consensus price target of $88.31.
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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