$1.53 Earnings Per Share Expected for DXC Technology Company. (DXC) This Quarter

Equities analysts predict that DXC Technology Company. (NYSE:DXC) will report earnings of $1.53 per share for the current fiscal quarter, according to Zacks Investment Research. Eight analysts have made estimates for DXC Technology Company.’s earnings, with estimates ranging from $1.43 to $1.61. DXC Technology Company. reported earnings per share of $0.61 during the same quarter last year, which would suggest a positive year-over-year growth rate of 150.8%. The company is scheduled to issue its next earnings report on Thursday, November 2nd.

According to Zacks, analysts expect that DXC Technology Company. will report full year earnings of $6.84 per share for the current fiscal year, with EPS estimates ranging from $6.60 to $6.92. For the next fiscal year, analysts forecast that the business will post earnings of $8.21 per share, with EPS estimates ranging from $7.80 to $8.60. Zacks’ EPS calculations are an average based on a survey of sell-side analysts that follow DXC Technology Company..

DXC Technology Company. (NYSE:DXC) last announced its earnings results on Tuesday, August 8th. The company reported $1.59 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.25 by $0.34. The company had revenue of $5.91 billion for the quarter, compared to analyst estimates of $5.95 billion. DXC Technology Company. had a return on equity of 17.51% and a net margin of 0.49%.

Several research firms recently issued reports on DXC. Stifel Nicolaus reaffirmed a “hold” rating and set a $86.00 price target on shares of DXC Technology Company. in a research note on Thursday, August 10th. TheStreet raised shares of DXC Technology Company. from a “c” rating to a “b” rating in a research note on Tuesday, August 8th. Cowen and Company reaffirmed a “hold” rating and set a $77.00 price target on shares of DXC Technology Company. in a research note on Thursday, August 10th. Zacks Investment Research raised shares of DXC Technology Company. from a “hold” rating to a “buy” rating and set a $99.00 price target on the stock in a research note on Tuesday, October 10th. Finally, Bank of America Corporation began coverage on shares of DXC Technology Company. in a research note on Tuesday, September 12th. They set a “buy” rating and a $101.00 price target on the stock. Four equities research analysts have rated the stock with a hold rating, eleven have assigned a buy rating and one has assigned a strong buy rating to the stock. The stock presently has a consensus rating of “Buy” and an average price target of $96.19.

Shares of DXC Technology Company. (NYSE DXC) traded down 0.59% during mid-day trading on Wednesday, reaching $91.57. The company’s stock had a trading volume of 1,374,701 shares. The company has a market capitalization of $26.07 billion, a price-to-earnings ratio of 288.86 and a beta of 1.04. DXC Technology Company. has a 1-year low of $51.68 and a 1-year high of $93.40. The firm’s 50 day moving average price is $85.65 and its 200-day moving average price is $79.82.

The firm also recently declared a quarterly dividend, which was paid on Wednesday, October 11th. Stockholders of record on Wednesday, September 6th were issued a $0.18 dividend. This represents a $0.72 annualized dividend and a dividend yield of 0.79%. The ex-dividend date was Friday, September 1st. DXC Technology Company.’s dividend payout ratio (DPR) is presently -378.95%.

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In related news, EVP Michael G. Nefkens sold 35,340 shares of DXC Technology Company. stock in a transaction dated Thursday, October 12th. The shares were sold at an average price of $92.00, for a total value of $3,251,280.00. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Also, CFO Paul N. Saleh sold 40,460 shares of DXC Technology Company. stock in a transaction dated Wednesday, August 9th. The shares were sold at an average price of $82.54, for a total transaction of $3,339,568.40. Following the completion of the sale, the chief financial officer now owns 136,384 shares in the company, valued at $11,257,135.36. The disclosure for this sale can be found here. Over the last quarter, insiders sold 335,182 shares of company stock worth $27,671,761. 1.30% of the stock is currently owned by insiders.

A number of large investors have recently modified their holdings of the stock. Neville Rodie & Shaw Inc. bought a new stake in DXC Technology Company. in the 3rd quarter valued at about $210,000. Achmea Investment Management B.V. bought a new stake in shares of DXC Technology Company. during the 2nd quarter worth about $1,681,000. Lord Abbett & CO. LLC bought a new stake in shares of DXC Technology Company. during the 2nd quarter worth about $11,511,000. USA Financial Portformulas Corp bought a new stake in shares of DXC Technology Company. during the 2nd quarter worth about $505,000. Finally, Oak Associates Ltd. OH bought a new stake in shares of DXC Technology Company. during the 2nd quarter worth about $7,357,000. Hedge funds and other institutional investors own 85.05% of the company’s stock.

DXC Technology Company. Company Profile

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

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