Brokerages Set DXC Technology Company. (NYSE:DXC) PT at $12.75

Shares of DXC Technology Company. (NYSE:DXC) have earned a consensus rating of “Reduce” from the ten analysts that are covering the stock, MarketBeat.com reports. Four investment analysts have rated the stock with a sell rating and six have given a hold rating to the company. The average twelve-month price target among brokerages that have issued a report on the stock in the last year is $12.75.

DXC has been the subject of a number of research analyst reports. Weiss Ratings downgraded DXC Technology from a “sell (d+)” rating to a “sell (d)” rating in a report on Monday, May 11th. Wall Street Zen downgraded DXC Technology from a “buy” rating to a “hold” rating in a report on Saturday, March 28th. Morgan Stanley lowered their price target on DXC Technology from $15.00 to $9.00 and set an “equal weight” rating for the company in a report on Thursday, May 14th. BMO Capital Markets lowered their price target on DXC Technology from $17.00 to $10.00 and set a “market perform” rating for the company in a report on Monday, May 11th. Finally, Stifel Nicolaus set a $12.00 price target on DXC Technology in a report on Friday, May 8th.

DXC Technology Price Performance

DXC stock opened at $10.00 on Friday. The company has a quick ratio of 1.36, a current ratio of 1.36 and a debt-to-equity ratio of 0.94. DXC Technology has a 52-week low of $7.90 and a 52-week high of $16.45. The stock’s 50 day moving average is $11.20 and its two-hundred day moving average is $12.90. The company has a market capitalization of $1.63 billion, a PE ratio of 166.62 and a beta of 0.81.

DXC Technology (NYSE:DXC) last posted its quarterly earnings data on Thursday, May 7th. The company reported $0.77 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.70 by $0.07. The company had revenue of $3.13 billion for the quarter, compared to the consensus estimate of $3.17 billion. DXC Technology had a return on equity of 17.24% and a net margin of 0.14%.DXC Technology’s revenue for the quarter was down 1.2% compared to the same quarter last year. During the same period in the previous year, the business earned $0.84 EPS. DXC Technology has set its Q1 2027 guidance at 0.400-0.400 EPS and its FY 2027 guidance at 2.400-2.900 EPS. Analysts predict that DXC Technology will post 2.64 earnings per share for the current fiscal year.

Insider Buying and Selling

In related news, CEO Raul J. Fernandez acquired 28,051 shares of the stock in a transaction that occurred on Monday, May 11th. The stock was purchased at an average cost of $8.90 per share, for a total transaction of $249,653.90. Following the purchase, the chief executive officer directly owned 844,052 shares in the company, valued at $7,512,062.80. This represents a 3.44% increase in their ownership of the stock. The purchase was disclosed in a filing with the SEC, which is accessible through this link. 0.61% of the stock is currently owned by insiders.

Institutional Inflows and Outflows

Institutional investors have recently added to or reduced their stakes in the stock. Waterfront Wealth Inc. grew its stake in DXC Technology by 818.6% during the 3rd quarter. Waterfront Wealth Inc. now owns 142,192 shares of the company’s stock worth $1,886,000 after buying an additional 126,713 shares during the last quarter. JPMorgan Chase & Co. grew its stake in DXC Technology by 28.1% during the 3rd quarter. JPMorgan Chase & Co. now owns 742,963 shares of the company’s stock worth $10,127,000 after buying an additional 162,958 shares during the last quarter. Assenagon Asset Management S.A. grew its stake in DXC Technology by 2,316.7% during the 4th quarter. Assenagon Asset Management S.A. now owns 1,570,035 shares of the company’s stock worth $23,001,000 after buying an additional 1,505,069 shares during the last quarter. Vanguard Group Inc. grew its stake in DXC Technology by 3.5% during the 3rd quarter. Vanguard Group Inc. now owns 23,452,271 shares of the company’s stock worth $319,654,000 after buying an additional 800,973 shares during the last quarter. Finally, Nierenberg Investment Management Company Inc. grew its stake in DXC Technology by 634.5% during the 3rd quarter. Nierenberg Investment Management Company Inc. now owns 99,555 shares of the company’s stock worth $1,357,000 after buying an additional 86,000 shares during the last quarter. 96.20% of the stock is currently owned by institutional investors.

DXC Technology Company Profile

DXC Technology, headquartered in Tysons Corner, Virginia, is a global leader in IT services and solutions. The company was formed in 2017 through the merger of Computer Sciences Corporation (CSC) and the Enterprise Services business of Hewlett Packard Enterprise, combining decades of experience in consulting, systems integration and managed services. Since its inception, DXC has focused on helping clients modernize IT environments and drive digital transformation across their organizations.

DXC Technology’s core service offerings encompass cloud and platform services, applications and analytics, security, and workplace and mobility solutions.