DXC Technology (NYSE:DXC) – KeyCorp increased their Q3 2018 earnings per share (EPS) estimates for shares of DXC Technology in a report issued on Monday. KeyCorp analyst A. Ramnani now expects that the company will post earnings of $1.99 per share for the quarter, up from their previous estimate of $1.90. KeyCorp has a “Overweight” rating and a $116.00 price target on the stock. KeyCorp also issued estimates for DXC Technology’s Q4 2018 earnings at $2.04 EPS and FY2018 earnings at $7.55 EPS.

A number of other equities analysts also recently commented on DXC. Cowen reissued a “hold” rating and issued a $96.00 target price on shares of DXC Technology in a research note on Wednesday, January 3rd. Barclays raised their target price on shares of DXC Technology from $108.00 to $113.00 and gave the company an “overweight” rating in a research note on Tuesday, November 21st. SunTrust Banks raised their target price on shares of DXC Technology to $100.00 and gave the company a “hold” rating in a research note on Monday, November 13th. BMO Capital Markets raised their target price on shares of DXC Technology from $105.00 to $110.00 and gave the company an “outperform” rating in a research note on Wednesday, November 8th. Finally, Stifel Nicolaus raised their target price on shares of DXC Technology from $86.00 to $100.00 and gave the company a “hold” rating in a research note on Wednesday, November 8th. Four 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 stock. DXC Technology has a consensus rating of “Buy” and an average price target of $101.53.

DXC Technology (NYSE DXC) traded down $0.14 during trading hours on Wednesday, reaching $101.09. 1,281,500 shares of the company’s stock were exchanged, compared to its average volume of 1,388,838. The company has a debt-to-equity ratio of 0.51, a quick ratio of 1.00 and a current ratio of 1.00. The stock has a market capitalization of $28,840.00 and a P/E ratio of 170.08. DXC Technology has a 12 month low of $67.76 and a 12 month high of $102.71.

DXC Technology (NYSE:DXC) last posted its quarterly earnings results on Tuesday, November 7th. The company reported $1.93 earnings per share for the quarter, topping the Zacks’ consensus estimate of $1.53 by $0.40. The company had revenue of $6.16 billion for the quarter, compared to the consensus estimate of $6.07 billion. DXC Technology had a net margin of 1.88% and a return on equity of 17.83%. The company’s quarterly revenue was up 229.4% on a year-over-year basis.

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Westside Investment Management Inc. grew its holdings in DXC Technology by 3.4% during the 2nd quarter. Westside Investment Management Inc. now owns 1,512 shares of the company’s stock valued at $118,000 after purchasing an additional 50 shares in the last quarter. Seven Eight Capital LP grew its holdings in DXC Technology by 3.7% during the 2nd quarter. Seven Eight Capital LP now owns 6,195 shares of the company’s stock valued at $475,000 after purchasing an additional 219 shares in the last quarter. ETRADE Capital Management LLC grew its holdings in DXC Technology by 11.8% during the 3rd quarter. ETRADE Capital Management LLC now owns 5,061 shares of the company’s stock valued at $435,000 after purchasing an additional 535 shares in the last quarter. Mn Services Vermogensbeheer B.V. grew its holdings in DXC Technology by 1.3% during the 3rd quarter. Mn Services Vermogensbeheer B.V. now owns 46,749 shares of the company’s stock valued at $4,015,000 after purchasing an additional 600 shares in the last quarter. Finally, Fagan Associates Inc. grew its holdings in DXC Technology by 13.5% during the 3rd quarter. Fagan Associates Inc. now owns 6,229 shares of the company’s stock valued at $535,000 after purchasing an additional 739 shares in the last quarter. 84.66% of the stock is owned by institutional investors and hedge funds.

The company also recently declared a quarterly dividend, which will be paid on Tuesday, January 16th. Investors of record on Wednesday, December 6th will be issued a dividend of $0.18 per share. This represents a $0.72 dividend on an annualized basis and a yield of 0.71%. The ex-dividend date is Tuesday, December 5th.

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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.

Earnings History and Estimates for DXC Technology (NYSE:DXC)

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